Top Real Estate Headlines for Week Ending: November 12th
Both the stock market and the bond market were roughed up this week to the dismay of home buyers and homeowners. Even with the holiday shortened week, let’s take a review of what the top real estate...
View ArticleWhat Does the Fed’s Quantitative Easing 2 Mean to You?
In the statement released after its November meeting, the Federal Reserve announced that it will purchase a further $600 Billion of longer-term Treasury securities by the end of the second quarter of...
View ArticleFed Continues To Debate Necessity of Quantitative Easing
The Federal Open Market Committee (FOMC) released minutes from its January meeting on Wednesday, as it generally does three weeks following the meeting.
View ArticleThe Week Ahead for Mortgage Rates: May 20, 2013
Looking ahead, economic news for this week includes the Existing Home Sales report for April with an expectation of 5.00 million homes sold on a seasonally-adjusted annual basis against the March tally...
View ArticleFOMC Minutes Ignite Sharp Increase In Mortgage Rates
Minutes of the Federal Open Market Committee recently released may have a significant impact on mortgage rates going forward. One significant development from the meeting suggests that the present...
View ArticleGood News: Jobs Report Shows Strengthening Economy
The U.S. Department of Labor released its Non-Farm Payrolls and National Unemployment Rate reports Friday showing 175,000 jobs were added in May, which surpassed expectations of 164,000 new jobs and...
View ArticleThe Fed Continues To Buy Mortgage Backed Securities
The Federal Open Market Committee (FOMC) of the Federal Reserve decided to continue its current policy of quantitative easing (QE) based on current economic conditions. The Fed currently purchases $40...
View ArticleFed May Curb Economic Support Program Before Year End
The minutes for June's meeting of the Federal Open Market Committee (FOMC) suggest that committee members are mostly in agreement that the current quantitative easing program (QE) should begin winding...
View ArticleFOMC Minutes Reflect Support For Reducing QE Program
The minutes of last monthâs Federal Open Market Committee (FOMC) meeting show significant support for tapering the Fedâs current amount of monthly securities purchases. These purchases, known as...
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