Clik here to view.
Will Fed’s Mortgage Buying Juice the Housing Recovery?
Home prices are stabilizing, and new construction is bouncing back, but apparently the U.S. Federal Reserve isn’t buying a bullish housing recovery. Its announcement Thursday that it would buy up to...
View ArticleClik here to view.
Fed to Housing: We Got Your Back
Some discussion about another round of quantitative easing centered on the whether the Federal Reserve would time its move around the elections. But Ben Bernanke & Company might have been waiting...
View ArticleClik here to view.
Despite Housing Sales Bump, Low-Income Buyers Still Struggling For Loans
When the Federal Reserve vowed last weekto buy up $40 billion worth of home loans each month for the indefinite future, the hope was to finally stimulate a mortgage market on life support for nearly...
View ArticleClik here to view.
Refinancing Spikes as Mortgage Rates Fall
Is it time to think about refinancing — or perhaps, re-refinancing? Mortgage refinancing jumped to a three-year high, as interest rates on home loans dropped to new lows, according to a weekly industry...
View ArticleClik here to view.
Mortgage refinances surge to highest level since April 2009
U.S. 30-year mortgage rate data by YCharts Refi madness is smoking hot. Reacting to record low mortgage rates, borrowers seeking to lower their monthly payments signed up for lower-cost replacement...
View ArticleClik here to view.
Housing Recovery May Validate Fed’s QE3
Legitimate signs of life in the housing market suggest the Federal Reserve may have chosen the right lever to stimulate the economy when it launched its latest stimulus bid last month. Reuters U.S....
View ArticleClik here to view.
There’s more to housing’s rebound than QE3
Before doing the victory lap for the great monetary experiment of “quantitative easing,” Fed Chairman Ben Bernanke needs to show how he will successfully unwind the $2.8 trillion in assets on the...
View ArticleClik here to view.
Bernanke: Minority homebuyers face housing discrimination
The housing crisis hurt low-income communities and minorities more severely than other groups, Federal Reserve Chairman Ben Bernanke said Thursday. “Lower-income and minority communities are often...
View ArticleClik here to view.
Fed holds lenders’ feet to the fire on mortgages
At an all-day New York Fed workshop, officials from Wells Fargo & Co (WFC.N), JPMorgan Chase & Co (JPM.N) and other big lenders were asked why there is a growing disconnect between the rates...
View ArticleClik here to view.
QE3 Important For Housing Recovery
Alas, it does look like the Fed’s Governors are about to slow down the $85 Billion in monthly purchases of Treasury Bonds and Mortgage Backed Securities that have been holding down long term interest...
View ArticleClik here to view.
Bernanke Giving Homebuyers Second Chance With Pledge: Mortgages
This was supposed to be the year that Herb Harrison found a newer, bigger home to replace his current house in Framingham, Massachusetts. Then, in May, mortgage rates began to rise and he put his hunt...
View ArticleClik here to view.
It Looks Like Last Call for Sub-5% Mortgages
Last year’s 3.5% mortgage rates are long gone — and experts say consumers who hold off buying or refinancing homes in hopes that sub-4% interest levels will return could miss out on today’s sub-5%...
View Article
