FED Results
The Fed Funds Rate is currently in a target range of 0.000-0.250 percent. The Fed Funds Rate is an inter-bank lending rate. It’s also the basis for Prime Rate, a consumer interest rate on which credit card payments are based, among other consumer loans. Prime Rate is equal to the Fed Funds Rate + 3...What’s Your Rate?
When it comes to buying a home, consumers can no longer shop for a mortgage based simply on lowest interest rate quotes. Today’s home buyer needs good advice from an experienced, educated mortgage professional who has the consumer’s best interest in mind. For consumers, this means beware of...New Homes Sales Were Strong in March, But Not As Strong As The News Would Have You Believe
The sales of newly-built homes soared in March. Even more than what was expected. But the news may not be as glowing as what the media is telling us. Take a look at the headlines from last Friday: Sales of new homes rocketed up 27 percent in March (WaPo) New-home sales rise fastest in 47 years...Mortgage Rates Week Of April 26, 2010
Mortgage markets worsened last week in see-saw trading. By the time Friday’s market closed, mortgage rates were higher across the board — ARMs, fixed rates, FHA and conventional. The biggest stories of last week were actually non-stories. First, the ash cloud from Iceland’s Eyjafjallajökull...How To Fight Your Real Estate Tax Bill (Video)
Posted by yourmortgageplanner on Apr 22, 2010 in Featured Articles, Financial Awareness, One Step Ahead | 0 comments
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More than 60 percent of U.S. homes are “over-assessed”, says an industry trade group. Homeowners pay more in property taxes than they otherwise should have to. You might be one of them.
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