May 13
According to cnnmoney.com, here are 5 rules you should follow to get the best deal and value in today’s real estate market.
May 13
CNNMoney.com is reporting that mortgage brokers are becoming increasingly frustrated as Americans are turning to the trusty, government-backed FHA loans.
May 13
The FHA loan cap has been raised, making FHA loans more attractive. This is just in time, as mortgage rates begin to rise for conventional home loan products, like 30-year fixed mortgages.
May 13
The New York Times ran an article yesterday about how finding a house for sale on the web is becoming easier. Home buyers can find real estate info on numerous websites, taking the control of housing data away from those that traditionally held it - real estate professionals.
May 13
Dallas Federal Reserve President Richard Fisher (voter) speaking at
the Hilton Midland Plaza in Texas said that the current economic
slowdown will be prolonged, but not very deep.
May 13
Even as the House of Representatives passed two housing rescue
bills and the Senate wrestles over a bill of its own,
criticism is raining down on those remedies to the
housing crisis that are already in place.
May 13
Speaking at the Atlanta Fed’s Financial Markets Conference, Federal Reserve Chairman Ben Bernanke addressed the current state of the U.S. economy, calling current financial market conditions “far from normal.” “The provision of liquidity by a central bank can help mitigate a financial crisis. However, central banks face a tradeoff… Read More Now
May 13
Delivering opening remarks at the Atlanta Fed’s Financial Markets
Conference, Dennis Lockhart, head of the Atlanta Federal
Reserve (non-voter) said credit markets remain fragile given a loss of
confidence from the subprime crisis.
May 13
Speaking at the Atlanta Fed’s Financial Markets Conference, Federal
Reserve Chairman Ben Bernanke addressed the current
state of the U.S. economy, calling current financial market
conditions “far from normal.”