Today, in its first meeting in 6 weeks, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged. The Fed Fund Rate remains at a historical low, within a prescribed target range of 0.000-0.250 percent.
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The Fed Is Meeting Today. Should You Float Or Lock Your Mortgage Rate?
We can’t be sure what the Fed will say or do this afternoon so if you’re floating a rate right now and wondering whether the time is right to lock, the safe choice is to lock before 2:15 PM ET today.
Are You Throwing Out Food Before It Goes Bad?
Just because the expiration date has passed, that doesn’t mean that the food is spoiled. It’s a deep-seated misconception that results in the average American household wasting 14% of all food purchases. Learn what to pitch — and what to keep.
Home Values Within 12.5 Percent Of April 2007 Peak, Nationwide
According the Federal Home Finance Agency’s Home Price Index, home values are now just 12.5 percent off their April 2007 peak nationwide. This after a half-percent monthly increase in prices in May,on average.
Nervous About Mortgage Rates Rising? Lock Thursday — Ahead Of Friday’s Jobs Report
Analysts expect that a net 65,000 jobs were lost in July. Wall Street — and Main Street — have a big interest in those results.
Friday’s July Jobs Report Could Spur Mortgage Rates Higher
As The Pending Home Sales Index Falls, Home Buyers See Dollar Signs
June’s Pending Home Sales Index is weak by most measures, but if you’re a home buyer, the headlines aren’t so bad. Fewer home sales can push negotiation leverage to the buy-side of a transaction.
What Does It Mean To Escrow Taxes And Insurance?
The fiscal responsibility of a homeowner extends beyond the mortgage’s basic principal and interest repayments. Homeowners are also responsible for the real estate taxes on the home and its insurance premiums, too.
Ex-Burglars Share Tips On Protecting Your Home From Break-Ins
This week marks the start of August, a popular vacation month for Americans. Maybe you’re among the many that will leave town for a few days — or a few weeks. But, before you leave your home, make sure you don’t leave clues for burglars.