Fed Voices Concern About "prolonged and severe economic downturn''
- By:
- Paul King | April 08, 2008
The FOMC Minutes were released today showed Fed officials convinced of an economic contraction in the first quarter, and concerned about a protracted downturn in subsequent months. They said they saw little signs of the housing sector improving shortly. Bonds improved this afternoon as it seemed clear the Fed would cut rates again when they meet later this month. Afternoon downward revisions could appear to improve rates by .375 to the points.
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Mortgage Rates Drop on Equity Fears
- By:
- Bill Rice - MortgageLoan.com | October 07, 2008
Mortgage rates continue to drop as fear seizes the equity markets.
Senate Passes Bailout
- By:
- Bill Rice - MortgageLoan.com | October 02, 2008
Senate decisively passes the $700 billion financial market stability legislation.
Mortgage Applications Plunge
- By:
- Bill Rice - MortgageLoan.com | October 01, 2008
Mortgage rates balance on little to no activity, while mortgage applications plunge.
Mortgage Rates Down
- By:
- Bill Rice - MortgageLoan.com | September 30, 2008
Mortgage rates descend, but won't make it easier to get a mortgage.
Mortgage Rates Flat
- By:
- Bill Rice - MortgageLoan.com | September 29, 2008
Expect mortgage rates to remain stagnant.
Mortgage Rates on Rise
- By:
- Bill Rice - MortgageLoan.com | September 26, 2008
Mortgage rates continue to climb as the market anticipates the final details of the $700 billion bailout.
Slight Uptick in Rates
- By:
- Bill Rice - MortgageLoan.com | September 24, 2008
Mortgage rates continue subtle upticks as the Treasury bailout plan gets Congressional scrutiny.
Mortgage Rates Neutral, Looking for Clarity
- By:
- Bill Rice - MortgageLoan.com | September 23, 2008
The Bond market struggled early Monday and then trading thinned as investors look for clarity.
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