Mortgage News

In a New Jersey civil suit, the Commodity Futures Trading Commission accuses Robert J. Sucarato of fraud in raising at least $1.5 million from investors

Original post by Anthony

The Federal Reserve announced Wednesday that it cut
the Fed funds target rate by 25 basis points to bring
the key interest rate to 2.00%. The discount rate was also cut by 25
basis points to 2.25%.

In an accompanying statement, the Fed
said “substantial” easing should promote growth, but that economic
growth “remains weak.”

The Fed said credit and housing will…

Read More Now

Original post by Darin

The Federal Reserve announced Wednesday that it cut
the Fed funds target rate by 25 basis points to bring
the key interest rate to 2.00%. The discount rate was also cut by 25
basis points to 2.25%.

In an accompanying statement, the Fed
said “substantial” easing should promote growth, but that economic
growth “remains weak.”

The Fed said credit and housing will…

Read More Now

Original post by Darin

Original post by Anthony

Bernanke & Co. trimmed the Fed funds rate target to 2.0% and signaled continued concern about inflation

Original post by Anthony

Uh, no. The economy expanded slightly in Q1 due to inventory growth. Weak domestic consumption keeps the pressure on for another Fed rate cut

Original post by Anthony

Mortgage rates are still low, but after the burst of the housing market, they’re back on the rise. According to Freddie Mac, the United States mortgage company, this is thanks to fears of inflation in…

Original post by default@goarticles.com (Ben Horne)

Analysts’ opinions on stocks in the news Wednesday

Original post by Anthony

Wednesday’s stocks in the news

Original post by Anthony

A better-than-expected read on first-quarter U.S. economic growth lifted sentiment Wednesday ahead of the Fed’s interest-rate decision

Original post by Anthony