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Simple Explanation Of The Federal Reserve Statement (December 12 , 2012)
The Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent Wednesday.
read moreMortgage Rates Rising On 26 Straight Months Of Jobs Growth
According to the Bureau of Labor Statistics (BLS) and its November 2012 Non-Farm Payrolls report, the U.S. economy added 146,000 net new jobs last month.
read moreThe Federal Reserve Begins A 2-Day Meeting Today
The Federal Open Market Committee (FOMC) begins a 2-day meeting today, its last of 8 scheduled meetings this year.
read moreWhat's Ahead For Mortgage Rates This Week : December 10, 2012
Mortgage bonds worsened last week as Fiscal Cliff talks moved closer to resolution and as the U.S. economy showed continued signs of growth.
read moreEnergy-Saving Tips For The Holiday Season
The holiday season can be full of excesses. Don’t let your energy bill be one of them.
read moreNovember 2012 Non-Farm Payrolls Report May Show Hurricane Sandy Effects
If you are currently in the market for, or are undecided about a mortgage, consider locking your mortgage rate today. Friday’s Non-Farm Payrolls report represents mortgage rate risk.
read moreShort Sale : Writing A Letter Of Hardship
The short sale process starts with a letter of hardship.
read moreHow To Maintain Adequate Homeowners Insurance Coverage
Whether you’re buying a home, or own one already, revisit your hazard insurance regularly.
read moreA Look At This Week's Mortgage Rates : December 3, 2012
This week, there is little on the U.S. economic calendar, save for Friday’s Non-Farm Payrolls report. Wall Street is expecting to see 80,000 net new jobs created in November, and a rise in the national Unemployment Rate to 8.0%.
read morePending Home Sales Index Leaps To Multi-Year High
According the National Association of REALTORS® (NAR), the Pending Home Sales Index rose 5.2 percent in October, crossing the benchmark 100 reading, and moving to 104.8.
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