President Obama Talks Future of Housing for America

President Obama Talks Future of Housing for America

The President’s View on the Mortgage Market On Wednesday, August 7th, President Barack Obama introduced policies that he feels will mend the wounds of the recovering housing crisis. Sharing his views on the future, President Obama’s oration summed up...

Bernanke Announces Blueprint for Fed Tapering

On Wednesday, Federal Reserve Chairman Ben S. Bernanke said the Fed will continue its policy of Quantitative Easing (QE) by purchasing additional mortgage-backed securities at a pace of $40 billion per month and longer-term Treasury securities at a pace of $45 billion...

FHFA Extends HARP Program through 2015

The Federal Housing and Finance Agency (FHFHA) has announced that it will extend the Home Affordable Refinance Program (HARP) by two years through December 31, 2015.This is great news for millions of homeowners with mortgages that are still underwater or have...
Record Low Mortgage Rates Helping to Stir the Housing Market

Record Low Mortgage Rates Helping to Stir the Housing Market

Freddie Mac released the results of its Primary Market Survey and the average 30-year and 15-year fixed rate mortgage has new all-time record lows. Freddie Mac’s chief economist believes these record low rates have accounted for the increased demand in housing....
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