mortgage rates: President Obama's 'Homeowner Stability Initiative' - 02/18/09 02:02 PM
President Obama announced a plan today designed to help millions of homeowners around the country. While final details and rules & regulations will not be announced for two weeks, we learned some details today. The plan is scheduled to begin March 4.
Some homeowners will be able to refinance their existing … (0 comments)
mortgage rates: MA mortgage rates down? Thank you, Federal Reserve - 11/25/08 08:10 PM
The Federal Reserve announced today that over the next year (18 months at most), they will be buying up mortgage-backed securities to the tune of $500 billion.
This is what the Fed had to say in a statement, per a Bankrate.com article,
"This action is being taken to reduce the cost … (1 comments)
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President Obama announced a plan today designed to help millions of homeowners around the country. While final details and rules & regulations will not be announced for two weeks, we learned some details today. The plan is scheduled to begin March 4.
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