Jul 14
Learn when, why, how and if you should buy mortgage points when buying a home or refinancing your mortgage. Sometimes it makes great financial sense to buy mortgage points.
Jul 14
Learn when, why, how and if you should buy mortgage points when buying a home or refinancing your mortgage. Sometimes it makes great financial sense to buy mortgage points.
Jul 14
A hawkish testimony and mostly unchanged rhetoric are
expected from Fed Chairman Ben Bernanke on Tuesday, as the head of the
U.S. central bank delivers the first of a two-day semiannual testimony to
congress.
Jul 14
The U.S. government flew to the rescue of GSEs Fannie Mae and
Freddie Mac over the weekend with Treasury Secretary Henry
Paulson announcing that the government would increase the failing bond
insurers’ line of credit, have the temporary ability to purchase equity
and that the Fed would be available to make emergency loans.
Jul 14
According to strategists and economists, markets will be looking for
some direction next week with the release of major economic reports. In
the U.S., markets will receive PPI, CPI, retail sales, FOMC
minutes and regional manufacturing reports on top of Fed
Chairman Ben Bernanke testifying before Congress and the Senate. In
Canada, markets will focus on the Bank of Canada’s interest rate decision
and monetary policy report.
Jul 14
Federal regulators and Bush Administration officials spent the weekend
reassuring bank depositors nationwide that their
deposits are secure and, as the ads say, insured by the Federal Deposit
Insurance Corporation (FDIC).
Jul 14
Speaking at the Federal Reserve open meeting on mortgage
rules, Federal Reserve Chairman Ben Bernanke said the new rules
will be aimed at protecting consumers from deceptive practices.