interest rates: Where Are Mortgage Rates Headed From Here? Economy Sagging - 11/21/07 11:43 AM
These are some of the business headlines for the day: U.S. Stocks Tumble, Wiping Out S&P 500's Gain for Year Freddie Mac May Need to Raise $6 Billion to Boost Capital As Assets Drop U.S. Leading Economic Indicators Index Fell More Than Forecast in October Home Prices Fall in a Third of … (1 comments)
interest rates: Hold on to Your Hats - Mortgage Interest Rates are About to Drop - 11/15/07 06:57 PM
Hold on to your hats, interest rates are about to get a whole lot better. The past 2 weeks have been a back and forth battle for direction in both the stock and bond markets. It seems that one day stocks would be flying high and bonds were tanking, and the … (49 comments)
interest rates: Fed Cuts Rates - Now What? - 10/31/07 03:20 PM
As expected, the Federal Reserve Bank lowered the Fed Funds rate by a quarter of a point down to 4.5%. This wasn't a surprise, and was priced into the market. The suspense has been tied to how the statement issued after the meeting would read. Well, the suspense is over. Bernake and company stated that … (7 comments)
interest rates: Interest Rates Are Too High! - 10/29/07 10:30 PM
The Federal Open Market Committee (The Fed) is meeting again tomorrow for the first day of a 2 day meeting. What they do in this meeting, and what they say when they are done, will help determine the direction of mortgage interest rates. Conventional wisdom is that they will cut the … (4 comments)
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These are some of the business headlines for the day:
