The Week In Review (February 12, 2007) : What To Watch For
byDespite the dearth of economic news last week, mortgage rates staged somewhat of a rally. By the time the week ended. mortgage rates had…
Three Fed Speakers Expected To Stay On Course Today
by adminAs the week closes today, three Federal Reserve Presidents are set to deliver speeches. The most well-known of the speakers is Dallas Fed President…
England and Europe Impact Domestic Mortgage Rates
by adminThe Bank of England and the European Central Bank left their benchmark lending rates unchanged today. Both alluded, however, to the need for future…
Plosser Tells Philadelphia: Rates May Need To Increase
by adminLast week, the Federal Open Market Committee held the Fed Funds Rate at its current level and indicated that the economy is expanding at…
The Two Methods To Generate Home Equity Are Not Equal
by adminHome equity is created in one of two ways (assuming increasing home value and a non-negatively amortizing first mortgage). In the first method of…