ARCHIVED BLOG POSTS
Mortgage Interest Rates Drop!On December 16th the Federal Reserve (FED) dropped its target for the Federal Funds Rate from 1% to between 0 and 0.25%. In addition the FED pledged to use "all available tools" to fight the current downturn in the economy. Based in it's statements the FED plans to k...
Will We See 4.5% Rates For 30 Year Mortgages?The hot news in the market today is a plan that has been "leaked" from the Treasury Department that it is considering enacting a plan that would reduce mortgage interest rates to as low as 4.5%. This plan is being considered as a way to stimulate the ...