The FED Has Left The Building (Video)

The FED officially ended there MBS Purchase Program today. Watch the breakdown and...

Rick Santelli Breaks It Down Once Again! (Video)

Please take the time to watch and try to...

Foreclosures Continue To Concentrate Across Just 3 States

Foreclosure-tracker RealtyTrac reports that the number of foreclosures nationwide rose 7 percent on a month-to-month basis last month. However, 3 states dominated the foreclosure list, tallying more foreclosures between them than the rest of the country combined. California : 30.0 percent Florida : 15.7...

What Did The Federal Reserve Statement Say (August 12, 2009 Edition)

The Federal Open Market Committee voted to leave the Fed Funds Rate within its target range of 0.000-0.250 percent. It also reiterated plans to support the mortgage market to the tune of $1.5 trillion. In its press release, the FOMC noted that the U.S. economy is ”leveling off” and that...

Case-Shiller Index Indicates Home Values Are Stabilizing

For May, the Case-Shiller Index showed home values up in 15 of its 20 tracked U.S. markets.  It’s the first time in nearly 3 years that the index showed such strength and a signal that home prices may be turning higher for good. According to a Case-Shiller Index spokesperson, “this could be a...

Foreclosures Still Concentrated In Just A Few States

Image by Getty Images via Daylife For the fourth consecutive month, the country’s foreclosure activity was dominated by a small number of states. As reported by RealtyTrac.com, more than 50 percent of the country’s foreclosure-related actions in June concentrated in just 3...