Archive for the 'Mortgage News' Category

How will the Fed Rate cut affect me?

Federal Reserve cuts in the federal funds rate have an unpredictable impact on long-term mortgage rates. Rates may fall after this week’s rate cut. Or, they may rise, as they did following the Fed’s two January cuts.
How soon could it affect you?
Nobody really knows how soon the Fed’s rate cut will impact mortgage rates, or […]

Current Mortgage Rate Situation

The Fed bailout is in the news, and the blogosphere is awash with topics on the subject. Although it may put an end to the horrible hemorrhaging in the housing market, that is about all it will accomplish.  Qualifiers and a gaggle of economists opposing the move will make it a lot less worthy than […]