From the category archives:

Headline

Fed Chairman Ben Bernanke Provides Confidence To The Markets

March 19, 2009 Headline

Mortgage rates drop as the Federal Reserve announces they will inject $1.3T to purchase mortgage bonds. This brings stability to the housing financial market.

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Will interest rate still go lower? 4.5% or less, fact or fiction?

March 6, 2009 Headline

Why interest rates may not go any lower and what is really driving rates today. Join us in the debate will rates go lower or higher?

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President Obama’s Housing Stimulus Plan

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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Federal Rate Cut

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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