Posts Tagged ‘home loan’
Do Subprime Mortgage Lenders Still Exist?
Written by admin on February 18, 2009 – 1:30 pm -Subprime mortgage lending has seen many ups and downs in the last decade. It was hard to find the subprime mortgage lenders some years ago. You would have to search a lot for the lenders and the searching would be through yellow pages. But with time the things have changed and the internet has made it possible for people to find the subprime lenders online. Read more »
Posted in Home Loans, Sub Prime Home Loans | No Comments »
The Federal Reserve did not lower interest rates this time.
Written by admin on June 25, 2008 – 3:12 pm -The Federal Reserve held interest rates steady and said the risk of inflation has grown but stopped short of signaling that higher interest rates were coming soon. The decision by the U.S. central bank, announced at the end of a two-day meeting, leaves the benchmark federal funds rate at 2 percent.
(Source: http://www.cnbc.com/id/25370711 )
We shall see how this plays out, but it looks as if the long term mortgage rates will start to come back down with this news. That is great news for everyone looking to get a home loan.
