Some Reservations at The Federal Reserve
Almost all major financial analysts are predicting that the Federal Reserve, under Ben Bernanke’s direction, will leave the Fed rate of 5.25% untouched at their meeting today. Now, with the recent reports indicating a downturn in sales of durable goods, plus the continuing drop in new housing starts and home […]
The Federal Reserve Pauses in Their Rate Hikes
Well, the two big news stories in the last few weeks were the Federal Reserve Bank’s decision to not raise rates for the first time in 3 years, and the terroist plot by Islamic extremists that was foiled in Great Britain. How these two things are related helps […]
Here’s some more info about where interest rates are headed, and its not good. Even the head of a group that critiques the Federal reserve’s policies thinks rate increases are still coming in the weeks ahead. So if you’re buying a new home or refinancing your current home (especially if you have an ARM), now […]
Well, the latest statements from Ben Bernanke and the Federal Reserve indicate that interest rates are going to continue to be pushed up by the Fed’s ongoing program of bumping the prime rate. Stock prices were down again as Mr. Bernanke said that the economy was in a state of “transition”, and that the Fed was committed […]
Is an Adjustable Rate Mortgage Your Best Deal?
If you’re looking for a mortgage, what kind do you need. There are hundreds of different programs out there, and you probably don’t want or need to become an expert on all types of mortgages. You just need to hire a licensed professional you can trust to find the […]
When Will Ben Bernanke Blink? Is the Federal Reserve’s Rate Raising Fight Against Inflation Going Too Far?
There is a lot of speculation and debate among economists about whether the Federal Reserve will raise the Fed’s short term interest rate to 5% in their meeting on Wednesday. If they do, it will make 16 straight jumps […]