Currently viewing the tag: "Fed"

Interest Rate Predictions This Week : June 21, 2010

On June 21, 2010 By

FHA and conforming rates both saw lower rates causing a surge in refinancing activity. For a brief moment on Thursday, mortgage bond prices reached their best levels of the year.

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Mortgage Rate Predictions: Week of March 22, 2010

On March 22, 2010 By

closed out the week unchanged, but the story of the week was anything but flat.

Monday, Tuesday and Wednesday saw a steady improvement before Thursday and Friday took back the week’s gains.

Right now, interest rates are continuing to go against the predictions of [...]

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Quick Recap of the Fed Statement

On March 16, 2010 By

Today’s meeting left the unchanged at 0.000-0.250%.

Six straight statements with very optimistic statements and further reinforcements that the economy has moved out of the 2008-2009 recession.

Positive notes included that the U.S. [...]

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FDIC (Federal Deposit Insurance Corp.)

On September 23, 2008 By

An agency of the U.S. government that manages the bank insurance funds. This agency insures deposits at banks and other qualifying financial institutions up to $100,000 per account in interest and principal. This insurance is mandatory for all nationally chartered banks and all banks that are members of the Federal Reserve [...]

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