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Mortgage Backed Securities...What the Fed's Purchases Mean to You You've probably heard that the Fed is buying up billions of dollars worth of Mortgage-Backed Securities. But how does this really impact home loan rates and your mortgage? Basically, the Fed's actions provide a demand for Mortgage...
06/05/2009
Recently, yesterday there was an interesting article written by Karen Blumenthal in the Wall Street Journal detailing the reasons for and the stats regarding the foreclosure market and the number of people who are "upside-down" or "underwater" on their loans.  It is estimated that 1 in 6 to 1 in ...
11/06/2008
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I hope by now you have voted. Whether you believe in one guy or the other, this is still one of the few places in the world where the act of deciding is still ours! This special freedom is and always has been part of what this country is all about. I hope after this election, whomever wins is abl...
11/04/2008
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