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Homebuilders Expect More Sales Volume This Year
According to the monthly Housing Market Index as published by the National Association of Homebuilders, after 4 straight months of reading 16, March homebuilder confidence ticked 1 point higher to 17. It’s the highest confidence reading in 10 months.
A Simple Explanation Of The Federal Reserve Statement (March 15, 2011 Edition)
Today, for the second straight meeting, the Federal Open Market Committee voted unanimously to leave the Fed Funds Rate unchanged within its target range of 0.000-0.250 percent. The vote was 10-0.
Your Mortgage Rate Strategy For Today’s FOMC Meeting
The Federal Open Market Committee meets today in Washington D.C. The FOMC is a special group within the Federal Reserve, led by Fed Chairman Ben Bernanke, and consisting of 12 members.
What’s Ahead For Mortgage Rates This Week : March 14, 2011
Wall Street continued its flight-to-quality last week. Mortgage-backed bonds are now at their best levels since early-February. Mortgage rates have improved 4 straight weeks.
FHA Streamline Refi Changes : No Income, No Job Required
FHA Streamline Refinance guidelines are changing. For the better. A lot more homeowners are suddenly eligible to refinance.
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