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Interest Rates

Hot Dog Story – Do What You Do and Change for No One

March 23, 2009 • 4 comments
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Okay, I know there is so much talk about all the awful things that people see happening in our world. Lucky for me I DO NOT  buy into that.  There …

by Karen Smith

Historically Low Mortgage Rates Should Kick-Start Housing Market

December 22, 2008 • 0 comments
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Through a series of rate cuts and capital market tinkering, the Federal Reserve has finally managed to push down long term mortgage rates to levels not seen in nearly forty …

by Hunter Palmer

Fed Lowers a Half Point – I Have a Better Idea

November 6, 2008 • 3 comments
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The Federal Reserve’s Open market Committee announced Wednesday it was lowering the federal funds rate to 1%, it’s lowest level since 2004. Yet mortgage rates rose on the news and …

by Hunter Palmer

The Fed Leaves Key Interest Rate Unchanged

August 6, 2008 • 0 comments
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Yesterday, at the Federal Reserve’s regularly scheduled meeting, it was decided to leave the key interest rate at 2%.  Economists had predicted a likelihood of the Fed raising the rate …

by Jason Koertge

Fed Cut Interest Rates .25% Wednesday

May 1, 2008 • 0 comments
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In what is likely to be the last rate cut – baring any more financial market blowups – in a while, The Fed cut the federal funds rate another quarter …

by Jason Koertge

Have we hit bottom?

April 12, 2008 • 1 comment
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Has the real estate market nationwide hit bottom?  I hear Realtors all the time say that business is picking up for them.  In addition, I was looking through the New …

by Jason Koertge

The Fed acknowledges recession possible.

April 3, 2008 • 0 comments
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Ben Bernanke, a student of the Great Depression, knows what a depression looks like and previously served on the panel that unofficially determines when a depression begins and ends. On …

by Jason Koertge

Fed cut rates by .75%

March 19, 2008 • 0 comments
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The Federal Reserve cut interest rates by .75% in their regularly scheduled meeting on Tuesday, March 18, 2008. Stating that the economic outlook is not good, the Fed indicated that …

by Jason Koertge

Jobs slashed, will the Fed cut rates again?

March 10, 2008 • 0 comments
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As if January wasn’t bad enough with 22,000 job cuts, the February report showed job cuts of 63,000 marking two months in a row in declines. Most of the big …

by Jason Koertge

Fed Ready to Cut Rates Again

February 28, 2008 • 0 comments
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With oil prices hitting record highs ($100.88) and the dollar falling to $1.51 for 1 Euro, the Federal Reserve is talking about interest rate cuts again. Many are predicting a …

by Jason Koertge
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