ARCHIVED BLOG POSTS
On Wednesday, July 3, 2008, the Federal Reserve left the Fed Funds rate unchanged at 2.00%. Since September, the Fed has cut rates a total of 3.25%. The economy has slowed and inflation is becoming an important factor to the economy. To combat inflation, the Fed must ultimately raise interest ...
I hope everyone had a great Independence day! Of course, today - we get to start working for others again. This weekend for me was overtaken by home improvements (and from the look of my neighborhood - many others partook in STAYcations and were doing numerous home repairs - from roofing to lan...
Happy 4th of July everyone!!! I wanted to share a market update that I read yesterday from one of my many lenders... According to the scheduled federal meetings, the emphasis is turning toward inflation as opposed to enonomic stimuli. Apparently, the mortgage rates are going to start seeing an...