Tag Archives: Federal Reserve

Growing Home Equity Makes Refinancing Possible

RealtyTimes.com, March 20th, 2013 The Federal Reserve recently released data which shows that American homeowners’ net equity holdings in their homes has increased by nearly half a trillion dollars during the last last three months of 2012. According to the … Continue reading

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Why the 30-year Fixed Mortgage Rate should be Below 3%

RealtyTime.com, February 25th, 2013 Ben Bernanke, Chairman of the Federal Reserve, must be tearing out what’s left of his hair. He has increased the Federal Reserve’s balance sheet to an all time high of almost $3 trillion, primarily through bond … Continue reading

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Will the Fed’s Attempt to Juice the Economy Bear Fruit?

RealtyTimes.com, September 28th, 2012 Last week, the Federal Reserve announced it would attempt to keep mortgage rates low until 2015 to help spur housing and the economy, but the trillion dollar question is, “Will the Fed’s move achieve that goal?” … Continue reading

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Mortgage Rates Return to Record Lows

By Justin T. Hilley  • September 20, 2012 • HousingWire.com The average 30-year fixed rate mortgage rate returned to record lows this week, while the 15-year set an all-time bottom, following theFederal Reserve’s announcement of a new bond purchase plan. The Freddie … Continue reading

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Regulators Extend Foreclosure Review Deadline Again

Posted by jprior on 8/2/12, HousingWire.com Federal regulators extended the deadline again for borrowers to request a foreclosure review for possible errors. The Federal Reserve and the Office of the Comptroller of the Currency said borrowers will have until Dec. … Continue reading

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Freddie Mac says 30-year Fixed Mortgage Plunges below 3.5%

Freddie Mac’s corporate campus in  McLean, Va. The giant loan buyer says lenders were offering fixed-rate mortgages  to solid borrowers at less than 3.5% this week, yet another record low. (Freddie  Mac) By E. Scott  Reckard  July 26,  2012, Los … Continue reading

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Mortgage Rates keep Sliding

15-year loans have been below 3 percent for 7 weeks By Inman News Inman News®, July 16th, 2012 Mortgage rates broke records again this week as fears that the European debt crisis will slow the global economy had investors moving … Continue reading

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Mortgage Rates Dip to New Lows

By Justin T. Hilley • July 12, 2012 • HousingWire.com Following a lackluster employment report for June, long-term U.S. Treasury bond yields eased somewhat this week, allowing mortgage rates to fall to unseen depths. The Freddie Mac survey showed 30-year, … Continue reading

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Housing to Play Key Role in Election

RealtyTimes.com, July 9th, 2012 Washington and the housing market are never far apart. Experts ranging from real estate professionals to the members of the Federal Reserve have reported that the state of the nation’s economic recovery relies heavily on a … Continue reading

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Feds Extend Foreclosure Review Deadline, Detail Payouts to Come

By Jon Prior • June 21, 2012 • HousingWire.com Federal regulators extended the deadline for a wide-scale foreclosure review and detailed how much will be paid to borrowers for any abuses discovered. Under the consent orders signed with 14 mortgage … Continue reading

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