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Federal Reserve Slashes Rates. Will it Lower Mortgage Rates?
Will the Federal Reserve announcement to lower the Fed funds rate lower mortgage rates? Yes.»
More Bailouts: Are Individual States Next?
As the credit markets unravel, states across the U.S. are faced with mounting financial challenges. Soon, taxpayers may be asked to ante up ...»
Mortgage Rates Tumble Below Pre-Meltdown Levels
In the wake of the Fannie Mae takeover, mortgage interest rates declined, and the overall cost of taking out a home loan or doing a mortgage ...»
Are Rate Cuts Good for Homeowners?
As the year comes to an end, the week prior to December 31 inspires reflection on the previous year's economic news. Many wonder if interest rate ...»