Yields up, rates down


Yesterday the Federal Reserve cut its target for the overnight federal funds rate by half a percentage point. The 10-year Treasury has gone up 13 basis points since last Wednesday.

Murrysville home – $189
3 bedroom ranch home on one acre of mature landscaping. This spacious home marked with plenty of storage and spacious rooms includes a large family room with a wood-burning fireplace and summer kitchen. This home with all its natural beauty is waiting for the owner who appreciates its classic style. […]

Florida and California citrus growers face off
On the eve of citrus season, proposed changes in federal fresh fruit shipping rules have touched off a major battle between Florida growers and their counterparts in California and other citrus-producing states. Judge tosses key evidence in Cuban custody case A Miami judge threw out a significant piece of […]

Rep. Barney Frank mulling mortgage reform: document (Reuters)
Reuters – mortgage servicers would bear some liability for failing loans and some broker incentives would be banned under a bill being drafted by the head of the U.S. House Financial Services Committee, according to an outline of the legislation obtained by Reuters.

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