Blog – Page 710 of 738

15 Jul 2013

What’s Ahead For Mortgage Rates This Week – July 15, 2013

Housing Analysis

The Fed's release of the minutes for the June FOMC meeting was the most noteworthy economic event last week; the minutes repeated the Fed's recent statement concerning the wind-down of its current monetary easing policy. The minutes indicated that about half of meeting participants wanted to end the quantitative easing (QE) policy by year end, while "many others" preferred to end the program in 2014. This split suggests that days are numbered for the Fed's monthly purchase of $85 billion in Treasury securities and mortgage-backed securities (MBS). The minutes also revealed that the Fed would not be selling off MBS…

12 Jul 2013

By Mark Feder

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Can That Killer Home Theater Add Value To Your Home?

Around The Home

Many home owners dream of having a home theater - an entire room of the home dedicated to enjoying television and film. These rooms are usually equipped with a large flat screen television or projector, comfortable seats, mood lighting and perhaps even a bar or a snack fridge. They are very comfortable and the perfect place to relax after a hard day. They are also lots of fun for entertaining, as you will be able to watch the big game or the hottest new release with your friends in style. However, will spending the money on renovating your home to…

11 Jul 2013

By Mark Feder

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FOMC Minutes Reveal Fed May Curb Economic Support Program Before Year End

Federal Reserve

FOMC Minutes Suggest QE Tapering by Year-End The minutes for June's meeting of the Federal Open Market Committee (FOMC) suggest that committee members are mostly in agreement that the current quantitative easing program (QE) should begin winding down by year end, but the committee minutes are very clear concerning the committee's intention to monitor inflation and ongoing economic and financial developments before taking action to reduce the current rate of QE. The Fed currently purchases $85 billion monthly in Treasury securities and mortgage-backed securities (MBS). Investors fear that if the Fed rolls back QE too soon or too fast, it…

10 Jul 2013

By Mark Feder

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Is It Possible That Your Gender May Influence Your Home Mortgage Approval?

Housing Analysis

If you are applying for a joint mortgage on your property with your spouse or partner, the name that goes first could have more of an impact than you might think. A 2010 study by the Woodstock Institute showed that mortgage lenders were inclined to show favoritism when men were the lead borrowers on joint applications. The study was undertaken within the Chicago area and it tracked joint applications for refinancing as well as home purchases. Over 250,000 applications were studied in the year 2010. Surprisingly, the study showed that home purchase applications that listed the female partner as the…