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Interest Rate Mystery: Fed Cuts, Yet Mortgage Rates Climb
Some of the greatest financial minds of our time are puzzled by the fact that, in recent years, mortgage rates have failed to follow Fed rate ...»
Are Lower Mortgage Rates Key to Success?
To put a floor under home prices, the Treasury may take direct steps to reduce mortgage rates. Doing so could spark a real estate buying spree. On ...»
Cheaper Mortgage Rates Could Ease Household Pain
The mortgage and energy industries have delivered a one-two punch. Fortunately, it will have a positive impact. Oil prices and interest rates ...»
Government Tries to Drive Down Mortgage Rates
Because investors are afraid to buy mortgage backed securities (MBS) or mortgage bonds, the Fed is using taxpayer money to buy large amounts of ...»