Blog – Page 705 of 756

25 Nov 2013

What’s Ahead For Mortgage Rates This Week – November 25, 2013

Mortgage Rates

Last week's scheduled economic news was varied, but mortgage rates fell and jobless claims were significantly lower than expected. The minutes for last month's FOMC meeting were released, and confirmed the Federal Reserve's intention to leave its quantitative easing program unchanged at least for the near term. The National Association of Homebuilders Wells Fargo Housing Market Index for November indicated that builder confidence, while still positive, dipped by one point to a reading of 54 as compared to an anticipated reading of 55, and October's revised reading of 54. Retail Sales for October Rose By 0.4 Percent NAHB noted that…

22 Nov 2013

By Mark Feder

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Thanksgiving Decorating Ideas For Your Home

Around The Home

Thanksgiving is right around the corner, and if you're opening your home for the family get together, that usually means you'll be decorating. If you've racked your mind for ideas and none sound just right, here are a few decorating ideas that might help you along your way. Fall Leaves Decorations don't have to be expensive, just look outside the door of your home. Brightly colored fall leaves, either randomly placed on the table or bunched in small arrangements, can really brighten up a table. Turkey Napkins Folded turkey napkins is a simple way to spruce up your Thanksgiving table.…

21 Nov 2013

By Mark Feder

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Fed Meeting Minutes Show Hope In Economic Growth

Federal Reserve

The minutes of the Federal Reserve's Federal Open Market Committee meeting held October 29 and 30 were released Wednesday. The meeting began with a report from the Manager of the System Open Market Account and included updates on developments within domestic and foreign financial markets. According to the report, no intervention by the Federal Reserve was required on foreign currencies during the period between the last and current FOMC meetings. FOMC: Key Data Delayed by Shutdown The FOMC noted moderate economic growth in the period since its last meeting, but also noted that several federal agencies delayed release of key…

20 Nov 2013

By Mark Feder

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4 Tips To Save For That Down Payment

Home Buyer Tips

In order to save up a huge amount of cash for the down payment on your first mortgage, you need a solid savings plan! When you take out a mortgage on your new home as a first time homebuyer, the more you can pay as a down payment the better. The down payment on a mortgage reduces the principle of the loan and means that you will be paying tens of thousands less in interest payments over the life of the loan. Most financial experts recommend that you should save up at least 20% of the value of the home…