February 19, 2009
Headline
Obama’s stimulus plan has been announced to assist current homeowners maintain their home to prevent foreclosure. The plan details are due March 4, 2009.
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December 18, 2008
Headline
The most recent Federal Reserve meeting brought new hope to housing and mortgage when Federal Chairman Ben Bernanke announced the Federal Reserve will heavily invest in Mortgage Back Securities. This brought interest down to new lows in 2008 to 4.625%. However this was short lived as rates rose within 24 hours back to 4.875%.
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