news real estate: FHA & Conforming Loan Limit Increase on the way to help Real Estate Market- - 01/25/08 09:27 PM
Washington reached a decision on an economic stimulus package to spur growth in the economy and come to the aid of the Real Estate Market. Reaching a bipartisan decision Thursday House leaders have decided to allow government sponsored Fannie Mae and Freddie Mac to buy mortgages as much as 75 percent (2 comments)
news real estate: The Perfect Storm: Fed Delivers Emergency Rate Cut- - 01/22/08 03:30 PM
The Federal Reserve lowered it's benchmark interest rate in an emergency move for the first time since 2001 after a tumbling international markets slumped as much as 7% on Monday. The Central bank lowered the overnight lending rate to 3.5% from 4.25% rather than waiting until the scheduled Fed meeting on (0 comments)
news real estate: If a Quarter Point FED cut wasn’t enough then now what? - 12/12/07 10:48 PM
The Federal Reserve Tuesday announced that they would act in the form of a Quarter Point Rate Cut for the last action of 2007. Investors on Wall Street had anticipated a full half point cut and showed their disappointment by punishing stocks and driving the 10yr bond yield higher (meaning actually (2 comments)