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Federal Reserve : New Economic Stimulus May Be Warranted

Federal Reserve : New Economic Stimulus May Be Warranted

The Federal Reserve released its October Federal Open Market Committee (FOMC) meeting minutes last week.

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What’s Ahead For Mortgage Rates This Week : October 22, 2012

Mortgage markets worsened last week, taking mortgage rates higher. The Federal Open Market Committee meets this week.

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Single-Family Housing Starts Rise To 4-Year High

According to the U.S. Census Bureau, on a seasonally-adjusted, annualized basis, Single-Family Housing Starts rose to 603,000 last month, an 11 percent increase from the month prior and the highest reading in more than 4 years.

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Buyers Win 6.6 Percent Increase In Purchasing Power

Home purchasing power is up 6.6% since the start of the year.

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