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...
What is your Home Ownership IQ?

What is your Home Ownership IQ?

Whether you are new to the housing market or are living in your third or fourth home, it’s important to be on the up and up when it comes to mortgages. It is by far, the largest investment most people will make over the course of their lives. However, a new survey...

Mortgage applications rose last week despite rate increase

Demand for U. S. mortgages rose last week even as interest rates climbed. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, rose 3.4 percent in the week ended...
FED Takes Action to Keep Mortgage Rates Low

FED Takes Action to Keep Mortgage Rates Low

According to CNN Money, the FED announced its plan to purchase $40 billion in MBS per month to support mortgage markets and keep mortgage interest rates low. The announcement comes off of continual news of sluggish economic growth and lack-luster job creation in the...
Page 1 of 11