The November 2, 2011 Federal Reserve Statement Explained
The Federal Open Market Committee (FOMC) concluded its two day meeting today with a 9-1 vote to leave the Fed…
Mortgage Outlook for the Week of October 31, 2011
Although there was volatility in the market last week, when all was said and done, mortgage rates remained flat for…
Weekly Mortgage Wrap Up For October 28, 2011
Yesterday, mortgage rates rose on news of a solution to the debt issues affecting the Eurozone. Also affected were the Stock…
Home Affordable Refinance Program (HARP) Program Updated
Earlier this week, President Obama met with homeowners in Las Vegas and announced new HARP changes that will help “underwater” borrowers refinance their…
Mortgage Market Update for October 26, 2011
Greece, Greece, Greece The market is closely watching and waiting for a resolution to the Greek debt default drama playing…
Mortgage Outlook For Week of October 24, 2011
Last week was fairly stable as mortgage rates leveled off a bit after weeks of slowly moving off of all…
Higher Conforming and FHA Loan Limits May Increase
Some good news for homeowners as the Senate voted yesterday to approve a measure that would restore the high balance…
Mortgage Update for October 20th, 2011
The Federal Reserve issues the Beige Book, which is a snapshot or summary of business conditions in each of the…
Mortgage Outlook for the Week of October 17, 2011
We’ve seen mortgage rates trend upward over the past two weeks coming off of all time historical lows. This has…
Fed Minutes: Uncertainty About Growth and Inflation
The FED (Federal Open Market Committee) released its minutes for the September meeting today. The market has noted that several…