Mortgage News

Fed Slashes Key Rate to Near Zero

Monday, December 29th, 2008 Posted in Mortgage News | Comments Off

In view of a weakening of the economic outlook and increasing downside risks to growth, the Federal Reserve board on December 16th dropped the target short-term interest rate, to .25%, ... Read more..

Your Chicagoland Mortgage Market Update – 12/8/08

Monday, December 8th, 2008 Posted in Mortgage News, Uncategorized | Comments Off

"I KNEW THE RECORD WOULD STAND UNTIL IT WAS BROKEN." -Yogi Berra. And while last week's Jobs Report wasn't the worst record breaker of all time, it showed a loss of ... Read more..

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