Last week’s economic news largely concerned the Federal Reserve’s FOMC meeting statement and a post-meeting conference given by Fed Chair Janet Yellen. The FOMC statement indicated that the Fed continued its wind-down of Treasury and mortgage-backed securities and that its purchases are expected to cease after the next FOMC meeting.
Federal Open Market Committee, Fed Chair: No Rush to Raise Rates
Wednesday’s customary post-meeting statement issued by the Federal Open Market Committee (FOMC) of the Federal Reserve provided some relief to investors and analysts concerned that the Fed may soon raise its target federal funds rate.
Considering a Vacation Home? Six Tips for Buying a House or Condo for Relaxation and Vacation Use
When you buy a vacation home or condo, you can guarantee that you have an escape that will provide you with years of enjoyment. Before you take the plunge, though, take advantage of these six helpful tips about buying a vacation home.
Speeding Up the Close: Five Tips on How to Close Your Mortgage Loan Faster So You Can Start Moving In
When a seller accepts an offer from a buyer, the process of obtaining the property has just begun. The buyer now has to conduct an inspection, get approval from an attorney and obtain a mortgage – all of which can be time consuming. Here are a few ways that you can speed up the mortgage process and close the deal sooner.
Looking to Pay Back Your Mortgage Faster? Three Reasons to Consider Switching to Bi-weekly Payments
What are some of the reasons why it may be beneficial to make two payments a month instead of one? Here are three reasons why you should ditch the monthly fees and make payments once every two weeks.
What’s Ahead For Mortgage Rates This Week – Sept 15, 2014
Last week’s housing related economic reports were slim, but an unexpected increase in weekly jobless claims gained attention. Analysts calmed concerns by noting that last week’s reading of 315,000 new jobless claims was not far removed from jobless claim levels before the recession.
It’s Not Just Car Storage: How to Transform Your Garage into a Brand New, Highly Usable Space
With a bit of planning and creativity, you can turn your garage into a much more functional space. Hereâs how you can make your garage the most useful space in the house.
FICO Scores and Your Mortgage: How to Bump Your FICO Score to Secure a Better Mortgage Rate
Is your credit score holding you back from getting the best rate on your next mortgage? Here are a few easy and effective tips to help you get your credit score to where you want it to be.
FHA Home Loans: How to Pre-apply and Get Approved Before Making a Home Purchase Commitment
Thanks to the FHA home loan program, you can apply for loan approval before you’ve found a home that you want to buy – which means you know what you can afford before you start your house hunt.
Buying Land to Build a New Home On? Don’t Forget These Three Important Considerations
When most people talk about real estate, they envision buying an already-built house on already-landscaped property. However, buying vacant land and building a new home is a great way to ensure that you get the home that you want in the location that you want.
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