Archive for February, 2009
Why would the Fed raise interest rates?
To slow down inflation
How do lenders come up with the interest rates for mortgages?
I want to know how banks set the interest rates for mortgages. All I know is that they move up and down with the fed funds rate and discount rate (Correct me if I am wrong). Does anyone know all factors that play into the rates that lenders come with? Is there a way to calculate or give more or less weight to any one of them? Thank you.
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First Look With Katie Couric: Subprime Mortgages
Senior producer Bill Owens and correspondent Anthony Mason preview tonight’s newscast, which will look at the subprime mortgage meltdown, John Edwards’ campaign, and healing. (CBSNews.com)
John Howard promised to keep interest rates at “record lows”
There have been 5 interest rate rises since he made that promise at the 2004 election, and nine interest rate rises in a row. Mr Howard keeps saying working families have never been better off – is that how you feel?
What are mortgage interest rates likely to do in the next day or two?
Today is Wed. 10/8, and my lender just called to tell me rates went up today. We are in escrow and been waiting to lock in because of the bailout plan. My lender said that Bernake (however you spell it) was supposed to lower interest rates but hasn’t done so yet. Any ideas on whether they will go back down, or should I lock in today?
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does anyone have any resorces on low or bad credit home loans?
I am trying to find a home loan but i dont have good credit my score is pretty low and i dont have much of a down payment does anyone know of any place i could look to mabey get a home loan in florida? I am new to the whole process and dont know what to look for a lot of places say bad credit is ok but you have to have at least a 600 credit score?? I dont know where to look anymore.
Thanks for the help.
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Dial-A-Refinance Home Mortgages does not Work Rep. Waters
January 21, 2009 Maxine Waters deals with the marathon in contacting banks to refinance mortgages.
59. How the Fed Changes Interest Rates
www.informedtrades.com A lesson on open market operations and how the federal reserve increases and decreases the money supply in order to move interest rates and what this means for traders of the stock, futures, and foreign exchange markets. In our last lesson we looked at the structure of the Federal Reserve and the components of the FOMC, the portion responsible for implementing Monetary Policy. Now that we have an understanding of this, we can look further into exactly how monetary …