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Fed Rate Cuts: How Low can they Go?
Usually, a Fed funds rate cut of even a quarter percentage point is extreme. But within the past few weeks, the Fed has slashed rates by half a ...»
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 ...»
Troubles with Freddie, Fannie Affect Mortgage Rates
The nation's two largest mortgage institutions recently stepped close to the brink of collapse and bankruptcy, sending shock waves through the ...»
Quickly Raising Money for a Down Payment
Raising the money to cover a down payment and closing costs can be a major challenge for potential homebuyers. In fact, four out of five Americans ...»