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 quantitative easing (QE), are an effort to maintain lower long-term interest rates including mortgage rates.
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It’s Important To Follow These Specific Steps When Using Gift Funds For Your Down Payment
As lenders tighten mortgage guidelines for home buyers, minimum down payment requirements are increasing.
Home Builder Confidence Highest Level In Nearly 8 Years
The National Association of Home Builders (NAHB) reported Thursday that its Housing Market Index rose three points to a reading of 59 for August.
What’s Ahead For Mortgage Rates This Week – August 19, 2013
Last week wasn’t kind to stock market investors, but weekly jobless claims fell to an unexpected low of 320,000 new jobless claims filed was its lowest level in nearly six years. Average mortgage rates were mixed, but inched upward.
Tips For Helping Your Kids Adjust To A New School
August means it’s time to get your children ready for school once more. Picking out backpacks, going clothes shopping and finding all the right school supplies can be hectic enough.
Clever Ways To Pay For A Renovation Of Your Home
So you want to renovate your home, but you don’t have the cash at the moment for the project and you don’t qualify for a home equity line of credit? What can you do to get the money you need to upgrade your property?
Whatever You Do, Don’t Make These Common Mortgage Mistakes
Are you applying for a mortgage on your home? Keep in mind that a mortgage is a major financial decision and choosing one will have a significant impact on the rest of your life.
How To Choose The Right Neighborhood When Buying A Home
When you are buying your new home, you will not only need to consider the house itself but the neighborhood that it is located in.
What’s Ahead For Mortgage Rates This Week – August 12, 2013
Highlights of economic news from last week, include a survey of senior loan officers from U.S. and foreign banks doing business in the U.S. indicated that banks were gradually easing lending standards for business and consumer loans, but viewed lending criteria for home loans as more restrictive than other types of loans.
Quick Tips To Beat The Heat And Save On Your Electric Bill
Summer always brings with it a hard choice: Do you turn down the thermostat to stay cool and resign yourself to high power bills? Or, do you sweat it out to save some dough? If you’ve been struggling with this dilemma, don’t fret.