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Mortgage Rates Are Setting At 50 Year Lows - Posted: 2010-07-09 Mortgage rates have sunk to a level that has not been seen in more than 50 years, making them the lowest rates on record since Freddie Mac started tracking mortgage rates in April 1971. With interest rates this low, how do you know if refinancing your mortgage is the right thing to do?
Federal Reserve Leave Interest Rates Unchanged - Posted: 2010-06-23 The Federal Open Market Committee decided today (June 23rd, 2010) to keep interest rates unchanged at 0 - 1/4 percent and pledged to keep them low for an extended period of time. The Committee will continue to monitor the economic outlook and financial developments and will employ its policy tools as necessary to promote economic recovery and price stability.
Federal Reserve Pledges to Keep Interest Rates at Record Lows - Posted: 2010-04-28 The Federal Open Market Committee pledged to keep interest rates at record lows by deciding today (April 28th, 2010) to maintain the target range for the federal funds rate at 0 - .25 percent. The Federal Reserve continued with its pledge to hold interest rates at historic lows for an extended period of time, helping energize the recovery.
Feds Leave Interest Rates at Record Lows - Posted: 2010-03-16 The Federal Open Market Committee decided today (March 16th, 2010) to maintain the target range for the federal funds rate at 0 - .25 percent. The Federal Reserve repeated its pledge ot hold interest rates at record lows to foster the economic recovery and ease high unemployment.
Comprehensive Mortgage Glossary - Posted: 2010-03-08 Are you in the process of looking for a home or home mortgage and you don't know what some of the mortgage terminology mean? Don't worry, you are not alone. Here is a comprehensive list of mortgage terms that are commonly associated with a home mortgages to help you better understand.
A Consumers Guide to Understanding Closing Costs - Posted: 2010-03-07 Understanding the closing process and all of the costs and fees associated with a mortgage closing (also known as a mortgage settlement) can be somewhat confusing. See the breakdown of mortgage related costs and fees that may apply to your loan at mortgage closing.
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