Well, the supposed “most important Fed meeting this YEAR” per CNBC is over and the result…”meh..”. For those not aware, the recent run up in US Treasury rates (and thus Mortgage Rates) was primarily due to investor expectations of a change in the stance of Monetary Policy as directed by the Federal Reserve. In reality, […]Read More most important Fed meeting of the year? what happened today?
the federal reserve made its third attempt in less than three years to stimulate the economy yesterday by announcing a new effort to drive down long-term interest rates. HOW? they plan to buy $400 billion in long-term treasurys in effort to nudge down interest rates making it even cheaper for corporations and consumers to borrow. additionally they […]Read More are rates going to drop below 4%?
tired of the doom & gloom media portrayal of the real estate sky falling….crumbling…crashing down? tired of hearing them turn every positive into a negative? need a sign that real estate is rebounding? how about SEVEN of them?? you do? great – then please read on! PENDING HOME SALES according to NAR, pending home sales […]Read More 7 signs that real estate is rebounding