Tag Archive | "Washington"

Posts about Mortgage Rates as of February 26, 2009

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Austin Real Estate Market Statistics for January 2009 – escapesomewhere.com
02/26/2009
The stats are out for January for the Austin real estate market. Sales were very very slow. January 1998 was the last time we saw this few sales in a month. And no that is not a typo. January is usually the slowest month of the year and if you adjust for time of the year November 2008′s stats were probably equally as bad or worse
Worst. Mortgage. Idea. Ever. – right-thinking.com
02/26/2009
Heritage lets fly on the dumbest idea yet to emerge from the Democrat majority—mortgage cramdowns: … for that added risk, and experts estimate that the additional costs would raise mortgage rates … Allowing bankruptcy judges to modify mortgages would: Raise mortgage costs. Cramdowns would
Mortgage rates little changed – Bizjournals.com – foreclosureblog.org
02/26/2009
Reuters Mortgage rates little changed Bizjournals.com, NC Long-term mortgage rates have not dropped below 5 percent again, … Mac: 30-year mortgage rate edges up MarketWatch Mortgage Rates Rising Again MSNBC US mortgage rates
Mortgage rates little changed New Mexico Business Weekly – Bizjournals.com – foreclosureblog.org
02/26/2009
Reuters Mortgage rates little changed New Mexico Business Weekly Bizjournals.com, NC Long-term mortgage rates have not dropped below 5 percent again, but they are hovering … edges up MarketWatch Mortgage Rates Rising Again MSNBC US mortgage rates rose in latest week-Freddie
Do You Understand Mortgage Rates, Fees, And Points? – articles2.org
02/26/2009
Topics: internet marketing, internet marketing tips, internet marketing strategies As you shop for your mortgage loan, you will come across many terms that you might now understand. Because a mortgage loan is probably … signing papers. We will discuss rates, fees, …
Business Report: Hawaii Mortgage Rates – KGMB9 – foreclosureblog.org
02/26/2009
Business Report: Hawaii Mortgage Rates KGMB9, HI Hawaii mortgage rates are holding around 5 percent or less. The Honolulu Board of Realtors reports most local banks are either at 5 percent
What are Mortgage Rates Like in Colorado? are They Different? – micronanotronics.com
02/26/2009
What are Mortgage Rates Li… Colorado mortgage shopper may wonder, while they are shopping around for a loan, if there are different mortgage rates in the state? —? higher or lower than the rest of the nation. The basic answer is no, when you compare rates for mortgages in Colorado to elsewhere. Mortgage
Rate Switch – 5yr Fixed becomes more attractive? – jessesjournal.typepad.com
02/26/2009
Well, for those of you who like stats – check this out … .  All of these economic indicators are effecting mortgage rates in a relatively good way.  Long term fixed programs … term rates.  Let’s say that on average the 30yr fixed is at 5%. 
Portland a Top 5 Market? – portlandrealestateblog.com
02/26/2009
Two articles in the last coupe of days worth noting about the national and local real estate markets.  The first, Realty Times is very BUY NOW … are at hand. She lists of her reason (low mortgage rates, the bottom of the market may be near, the First
More Good News For First Time Buyers! – activerain.com
02/26/2009
More Good News For First Time Buyers! What are you waiting for?? My clients, friends and subscribers are getting the wake up call today! … . Mortgage rates are historically low! There is a $8000 non-repayable tax credit for first time home buyers … for the mortgage rates to drop, you will see them rise and they might never again be this low.
Rates Stall in Face of Mixed Economic Reports – athomeincentennial.com
02/26/2009
Mortgage rates moved very little during the week ended February 26 from the averages of the previous week according to the results of the Primary Mortgage Market Survey released Thursday morning by Fr read more
US mortgage rates post rise in latest week – Reuters – foreclosureblog.org
02/26/2009
US mortgage rates post rise in latest week Reuters By Julie Haviv NEW YORK (Reuters) – US mortgage rates edged higher in the latest week, complicating government efforts to bring mortgage rates back down to levels that will spur demand and help the housing market begin to recover. …
Mortgage rates little changed – Bizjournals.com – foreclosureblog.org
02/26/2009
Mortgage rates little changed Bizjournals.com, NC Long-term mortgage rates have not dropped below 5 percent again, but they are hovering close to it. Freddie Mac’s weekly rate report says 30-year
Mortgage Rates Near Stagnant – Housing Wire – foreclosureblog.org
02/26/2009
Mortgage Rates Near Stagnant Housing Wire By KELLY CURRAN After two weeks of inching downward, mortgage rates changed very little in the week ending February 26, according to Freddie Mac’s (FRE: 0.4872 -2.56%) Primary Mortgage Market Survey released Thursday. 30-year fixed-rate mortgages …
Mortgage News and Commentary by Guaranteed Rate – dreamtown.com
02/26/2009
The last ten days have seen announcements of the Obama Administration’s three main initiatives aimed at solving the housing and credit crisis … in the Federal Reserve’s lending facilities for non-Treasury fixed income assets such as mortgage backed
Rate Update February 26, 2009 – evanswanson.com
02/26/2009
Fixed Mortgage Rates are considerably higher than yesterday. What I thought may take a couple days, only took about 6 hours.  Yesterday Mortgage backed bonds slipped over 40 points and caused lenders to re-price during the day a couple times.  The good news (maybe) is that Mortgage backed bonds are currently trading
MORTGAGE RATES HOLD STEADY – realestatepick.com
02/26/2009
30-year fixed-rate mortgage: Averaged 5.16 percent with an average 0 … fixed-rate mortgage … . From the Freddie Mac Site Interest rates
Low home prices and affordable mortgages fail to spur demand … – MarketWatch – foreclosureblog.org
02/26/2009
Low home prices and affordable mortgages fail to spur demand … MarketWatch By Amy Hoak, MarketWatch CHICAGO (MarketWatch) — Mortgage rates held steady this week amid mixed reports about the slowing economy, Freddie Mac’s chief economist said on Thursday. “Both the core producer price and consumer price indexes ticked up in …
Rates Stall in Face of Mexed Economic Reports – refinance-free-loans.com
02/26/2009
Mortgage rates moved very little during the week ended February 26 from the averages of the previous week according to the results of the Primary Mortgage Market Survey released Thursday morning by Freddie Mac. The 30-year fixed-rate mortgage (FRM) increased…( read more )
BMO Banks on Growth in St. Albert with Opening of $1.6 Million Full-Service Bank Branch – wp02.miomia.net
02/26/2009
BMO Bank of Montreal’s new Gateway Village Branch uses emission-free electricity from Bullfrog Power For news media inquiries, please contact: (416) … personal and commercial banking managers, financial services representatives, and a mortgage specialist
Gutsy buyers can get big bargains – mikecarriganrealty.com
02/26/2009
By Amy Hoak MarketWatch Monday, February 16, 2009 CHICAGO — People are afraid to buy a home in times like these, … . The affordability index is a measure of the relationship between home prices, mortgage interest rates and family
Freddie Mac: 30-year mortgage rate edges up – MarketWatch – foreclosureblog.org
02/26/2009
Reuters Freddie Mac: 30-year mortgage rate edges up MarketWatch By Sue Chang , , ) … %, and the year-ago average was 6.24%. … US mortgage rates rose in latest week-Freddie Mac Reuters … said Thursday the 30-year fixed-rate mortgage average edged up from the previous week to 5.07
Agents laud tax proposal – mikecarriganrealty.com
02/26/2009
By ALAN ZIBEL Associated Press Friday, February 6, 2009 For Gail Robinson, a real estate agent in Connecticut who has seen her business limp along since the stock market plummeted last year, it was the best news in ages. With Congress considering a new tax credit intended to turn around the battered housing market,
Jumbo Mortgage Rates Report: February 26, 2009 – delmar.typepad.com
02/26/2009
Jumbo mortgage rates are “true market rates” because they lack government subsidies … breakpoints, along with corresponding rates: Super Jumbo:  $1,000,000 to $3,000,000- 7.125% Jumbo … .  For a tailored jumbo mortgage rate quote, call me at (858)-777-9751.
MORTGAGE RATES HOLD STEADY – realestatepick.com
02/26/2009
30-year fixed-rate mortgage: Averaged 5.16 percent with an average 0 … fixed-rate mortgage … . From the Freddie Mac Site Interest rates
UK house prices fall by 1.8% – news.icm.ac.uk
02/26/2009
According to a new report by Nationwide, February saw another fall in house prices as the UK housing market struggles in the recession … has improved for first time buyers as mortgage rates and house prices continue to drop. These factors … in interest rates making property more affordable, there is still a lack of confidence in the housing
Stimulus Package A Vote For Inflation [Take Advantage Of Buying A House] Part 7 – activerain.com
02/26/2009
Stimulus Package A Vote For Inflation [Take Advantage Of Buying A House] Part 7 Part 7 in a continuing series.. … , rents are still going to rise. In addition the low daily mortgage rates we enjoy today are not going to remain at historical lows forever. The Federal Reserve will have to manipulate mortgage lending
News Flash! Home Ownership is Now More Affordable!! – dennisfassett.com
02/26/2009
From the Wall Street Journal yesterday. Captain Obvious reporting … depreciation, the relationship between the cost of rental payments versus after-tax mortgage payments … mortgage payments have averaged 26% more than rent payments, according to Green Street Advisors, a real
History Lesson – thetraderblog.com
02/26/2009
For those of you who think that giving the current policies a chance and going with new new guy is the way to go - blaming the root cause of current … Times Story Predicted the Fannie/Freddie Mortgage Meltdown  - NY Times September 30th, 1999. Headline: “‘Fannie Mae Eases Credit To Aid Mortgage Lending’ — In a move that could help increase home
Poconos honeymoon – honeymoon-ideas.net
02/26/2009
Make Honeymoon Plans Together – No pool on my honeymoon ? – CNN No pool on my honeymoon ? CNN By Christopher Elliott ( … , says Breen, but mortgage rates and home costs have dropped so much they cannot afford not to take …
refinance mortgage rates prevent bank loan foreclosures – homerefinancemadeeasy.com
02/26/2009
Shows how to refinance your real estate mortgage rates to help prevent bank loan foreclosures and save money on mortgages for the household. Refinancing software for real estate home owners
Getting A Mortgage With Bad Credit – myrealestatementors.com
02/26/2009
by Esther Veenst If you’ve dealt with credit issues in the past, you may think home ownership is impossible for you … for you now, they still affect the mortgage rates and different types of mortgages … options to still get a mortgage and realize home ownership, despite having a less than stellar credit
From Global Finance to the Nationalization of the Banks: Eight Theses on the Economic Crisis Leo Panitch and Sam Gindin – creative-i.info
02/26/2009
25 February, 2009 – A Socialist Project e-bulletin No. 1891 … the guidance of the US Federal Reserve, financial markets used very high interest rates to drive
Latest News in Refinancing Home Mortgages – Feb 26, 2009 – ownhomestyle.com
02/26/2009
Mortgage applications decline as refinancing eases – Philadelphia Inquirer WASHINGTON – Mortgage applications fell last week, … last week, reflecting a sharp drop in demand for refinancing as mortgage rates ticked higher … mortgage rates fell below 5 percent and encouraged homeowners to refinance their loans
New York Times Clinton & Economic Crisis – speaknowamerica.org
02/26/2009
Socialist Policies Of 90’s Caused Economic Crisis For all the non believers of who caused the economic crisis … to paying significantly higher mortgage rates in the so-called subprime market.” In moving, even … from the Clinton Administration to expand mortgage loans among low and moderate income people and felt pressure
Top Bloggers In Personal Finance, New CitiCard Rewards Card: The Roundup – thedigeratilife.com
02/26/2009
Well, I thought things couldn’t get crazier around here but it has. Lots of things have been happening behind the scenes for us, including some blog-related social and media events. So it’s all good. Fantastic in fact! Bargaineering Was In Town I thought I’d mention some of the wonderful perks of being a blogger in the financial space
30-Year Fixed-Rate Mortgages Since 1971 – rmi-atlantic.com
02/26/2009
Overall Rating No Ratings Image from http://www.msnbc.msn.com/id/7148582/ Historical mortgage rates for the last 37 years http://www.freddiemac.com/pmms/pmms30.htm 30-Year Fixed-Rate Mortgages Since 1971
How to Buy a Mortgage (and not lose your mind) – rmi-atlantic.com
02/26/2009
Overall Rating No Ratings I have decided that the phrase “shopping mortgage rates” is an oxymoron. There is no such thing. A mortgage rate is a mortgage rate is a mortgage rate. What you are actually shopping is truth. I will skip the dishonest mortgage broker rant here and cut to the chase. How to Buy
Happy New Year! – realestatepick.com
02/26/2009
And – along with everyone else – I’m hoping this is a good year for real estate. I must say with long term mortgage rates falling, there seems to be a renewed interest in real estate just lately. While this information is only anecdotal right now, I imagine the numbers
Realty prices in metros set to ease further – roofbirdtimes.wordpress.com
02/26/2009
Analysts say the second quarter of 2009 would see more price cuts as the market is expected to show more volatility ‘I F ONE searches hard enough … major DLF led a wave of residential price correction in Bangalore, reportedly slashing rates for a project on Bannerghatta Road by 32 per cent. Since then, property rates have fallen from Rs 2,775 per
Mortgage Refinance Now 2009 – wwwmonaviewholdings.blogspot.com
02/26/2009
By Sara Vlazny Rising unemployment and what seems like a shrinking U.S … mortgage rates will boost demand for new Mortgage applications. And for Mortgage Refinance … stream. In order to benefit from low mortgage rates or a Mortgage Refinance, these factors
Mortgage Refinance Now 2009 – invertedumbrellas.com
02/26/2009
by Sara Vlazny Rising unemployment and what seems like a shrinking U.S … mortgage rates will boost demand for new Mortgage applications. And for Mortgage Refinance … in November of 2008, that were backed by Fannie, Ginnie and Freddie, The 30 year mortgage rates
Real Estate, Where’s the Bottom? – blog.claudiaault.com
02/26/2009
The reality of realty is not so great these days.  While positive reports exist, quite clearly the real estate market is not so hot right now … being real estate sales are being buoyed by lower home values, tax incentives and low mortgage rates
Mortgage Refinance 2008 Year End Numbers – invertedumbrellas.com
02/26/2009
by Sara Vlazny The rising unemployment rate, and a shrinking U.S. economy, has struggling consumers looking for relief through Mortgage Refinance … that of the refinance market, everyone is hoping the low mortgage rates will boost demand for new Mortgage … income stream. In order to benefit from low mortgage rates or a Mortgage Refinance, the
Mortgage Rates February 25, 2009 – myequitypro.com
02/26/2009
I am back from my Kenneth Zahn CFP® Test prep. My normal Mortgage Rate updates will recommence.  Today Mortgage rates increased by over … this post with Zemanta Related posts:Mortgage Rates February 10, 2009 – Economic History Day February 10, 2009 was another positive day for Mortgage Rates….Mortgage Rates February 17, 2009 Today
Mortgage Refinance Plus For 2009 – wwwmonaviewholdings.blogspot.com
02/26/2009
By Sara Vlazny Rising unemployment and what seems like a shrinking U.S … mortgage rates will boost demand for new Mortgage applications. And for Mortgage Refinance … to benefit from low mortgage rates or a Mortgage Refinance, the consumer needs to find a way through
Mortgage Refinance 2008 Year End Numbers – myflhomebuyer.com
02/26/2009
by Sara Vlazny Rising unemployment and what seems like a shrinking U.S … percent last week alone. Everyone is hoping the low mortgage rates will spike demand for new … . economy has strapped consumers looking for relief by way of Mortgage Refinance. Those seeking
TradeVestment : A Forex Strategy Report by Kersi Jilla of ForexMetrics.com – forexmetrics.com
02/26/2009
      A  Forex  Strategy  Report & Forex Commentaries based on Forex Metrics Currency Index, provides currency forecasts, forex predictions, … . Falling prices and low mortgage rates don’t make much of a difference for people
Unhonored Rate Locks – raincityguide.com
02/26/2009
Did you know that a locked rate is a commitment for a loan to be delivered to a lender?   Mortgage companies and loan originators are often judged by how many loans they deliver … .   This is dangerous for mortgage brokers and correspondent lenders .  Why?  Wholesale lenders
Housing Price Declines 18.5% – Time to Buy? – moneyandminds.com
02/26/2009
If you are currently looking for a new home or have been on the fence about trying real estate as an investment option now could be a great time … they can. Even though everyone keeps talking about the credit crunch mortgage rates are extremely low. The graph below shows the interest rate of a 30 year mortgage over the last 30 years. But
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Posts about Mortgage Rates as of February 25, 2009

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Is Now A Good Time To Buy A Home? Rent vs. Own – myequitypro.com
02/25/2009
As far as financial awareness is concerned there are multiple factors to take into consideration when weighing the [ rent-v-own-feb_1235545003] … be in store for 2009. Falling home prices coupled with falling mortgage rates, too, have dropped … are expected to edge lower through 2009.  Provided mortgage rates stay low, the cost gap between owning
More Signs Of Recovery : The Cost Of Owning Versus Renting Falls Back To Historical Norms – themariogrecogroup.com
02/25/2009
[ The cost of owning a home versus renting one is returning to historical levels] … mortgage rates, too, have dropped the relative, after-tax cost of owning a home to 125% of the cost … markets (but not all), home prices are expected to edge lower through 2009.  Provided mortgage rates stay
Housing Stabilization Coming in March – dreamtown.com
02/25/2009
The day after President Obama signed the American Recovery and Reinvestment Act he announced his plans for a new housing stabilization program that … up to 3 to 4 million at-risk homeowners. 3.) Supporting low mortgage rates by strengthening confidence … could assist as many as 9 million to keep their homes and refinance at lower rates. The Homeowner
Jackson Hole – Mortgage Rates – Local Information provided by T.R. Pierce – February 25, 2009 – blog.jacksonholeexperts.com
02/25/2009
One of the finest loan representatives in the Jackson Hole area is T.R. Pierce from the Bank of Jackson Hole. T.R … mortgage rates. As part of our weekly updates we will be posting T.R.’s report about once a week … OF JACKSON HOLE Residential Mortgage Rates for February 25, 2009 The following rates are thirty (30
January Existing-Home Sales Fall, Inventory Down – blog.ssgtahoe.com
02/25/2009
Courtesy of National Association of Realtors Washington, February 25, … , and higher conforming loan limits that will allow more people to tap into 50-year low mortgage rates.” NAR estimates the impact of the stimulus package and lower interest rates on the housing market
Rate Update February 25, 2009 – evanswanson.com
02/25/2009
Fixed Mortgage Rates are slightly higher than yesterday … as both Stock and Bond markets are trading lower on the morning.  Currently, Mortgage backed bonds … which will give some added supply to an already down bond market.  It looks like rates could mover
Obama’s Plan Deemed Unfair to Owners Losing to Tax Foreclosures – bankhudforeclosures.com
02/25/2009
Obama’s Plan Deemed Unfair to Owners Losing to Tax Foreclosures Groups of responsible homeowners across the country have expressed outrage at … with their mortgages, they can refinance their loans to take advantage of lower mortgage rates … money of people trying their best to pay their mortgage loans to pay the mortgages of irresponsible
Cash-ready buyers ‘taking advantage’ – mortgagesforprofessionals.com
02/25/2009
Now is a good time for workers in Scotland who would qualify for mortgages for professionals to consider snapping up a property, … who are “clearly benefitting from falling house prices and lower mortgage rates“. Data from the CML … an expert has suggested. Crawford McCaughie, chairman of the Council of Mortgage Lenders (CML
March Mortgage Rate Predictions – churchofcowherd.com
02/25/2009
March mortgage rate predictions are going to be very important to many homeowners.  With the Obama Mortgage Bailout Plan beginning in March, average mortgage rates could change your monthly mortgage payment by as much as $200.  Obviously, we all want rates to be as low
The Relative Cost Of Owning Versus Renting Is Back At Historical Norms – arizonamortgagenews.com
02/25/2009
One popular housing theory is that — before a bona fide housing recovery can begin — the cost of owning a home versus renting one must return to … Home Buyers When it comes to housing data, there are always two… Mortgage Rates Buck … mortgage rates to rise,… Related posts brought to you by Yet Another Related Posts Plugin .
January 2009 Existing-Home Sales Fall, Inventory Down – relistr.com
02/25/2009
February 25 2009 – Existing-home sales declined in January 2009 with some buyers waiting to see how details of the economic stimulus package would … that will allow more people to tap into 50-year low mortgage rates.” NAR estimates the impact of the stimulus package and lower interest rates on the housing market to be about 900,000 additional
Existing Home Sales Report: January 2009 – paperdinero.com
02/25/2009
Today, the National Association of Realtors (NAR) released their Existing Home Sales Report for January which firmly indicates a new leg down in home … that will allow more people to tap into 50-year low mortgage rates.” The following (click for larger versions
The Relative Cost Of Owning Versus Renting Is Back At Historical Norms – pcblog.peggychung.com
02/25/2009
One popular housing theory is that — before a bona fide housing recovery can begin — the cost of owning a home versus renting one must return to … be in store for 2009. Falling home prices coupled with falling mortgage rates, too, have dropped … prices are expected to edge lower through 2009. Provided mortgage rates stay low, the cost gap
Mortgage rates up, applications down – Bizjournals.com – foreclosureblog.org
02/25/2009
RTT News Mortgage rates up, applications down Bizjournals.com, NC Mortgage interest rates increased slightly for the week ended Feb … , according to data from the Washington, DC-based Mortgage Bankers Association. … US MBA’s Mortgage Applications Index Fell 15.1% Last Week Bloomberg US mortgage applications down, led by refinancing
Morning Update – avidtrader.blogspot.com
02/25/2009
Posting a Downward Tally after Yesterday’s Rally Stocks are looking lower in early action after yesterday’s rally on optimism toward the … by foreclosures and lower mortgage rates have begun
MORTGAGE RATES HOLD STEADY – realestatepick.com
02/25/2009
30-year fixed-rate mortgage: Averaged 5.16 percent with an average 0 … fixed-rate mortgage … . From the Freddie Mac Site Interest rates
Owning VS Renting – blog.choicearizona.com
02/25/2009
Not long ago many advisors would have suggested you rent, due to the rising home costs … more sense to buy a home today, instead of renting. Over the past 18 years, after-tax mortgage payments have averaged 26% more than rent payments. If mortgage rates fall to 4.5%, as some are hoping
The Best Method You Can Use To Prevent Foreclosure – helpwithdebtnow.com
02/25/2009
Prevent Foreclosure The thought of having your house go into foreclosure is a scary prospect and you need to do all you can to prevent foreclosure … . Qualifying for a new mortgage is completely out of the question for a minimum of 5 years … out from the rest: A Loan Modification, which is sometimes referred to as a Mortgage Modification
Reading Rates: MBA Application Survey – February 25 2009 – paperdinero.com
02/25/2009
The Mortgage Bankers Association (MBA) publishes the results of a weekly applications survey that covers roughly 50 percent of all residential … though that although the steady decline in mortgage rates has likely played a significant role … mortgage originations and tracks the average interest rate for 30 year and 15 year fixed rate
MORTGAGE RATES HOLD STEADY – realestatepick.com
02/25/2009
30-year fixed-rate mortgage: Averaged 5.16 percent with an average 0 … fixed-rate mortgage … . From the Freddie Mac Site Interest rates
Suburban Homes Sales January ‘09 vs January ‘08 – blog.bricksmith.com
02/25/2009
     Yeah, yeah, yeah…I know I am slow this month in supplying you with Brick’s Stats, … to move up if you have job security and equity in your existing home. Mortgage rates are incredible
puppet perspective – shortfellow.wordpress.com
02/25/2009
  i missed half of obama’s bed time story last night due to a couple of obvious distractions seated directly behind him….who’s idea was that ? … expansion….  lower mortgage rates….all while cutting the inherited federal deficitby a third… i’
Available Rates and Mortgage Refinance – condosphilippines.com
02/25/2009
by Sara J. DonaldThe finer details of mortgage refinance are becoming clear as more information is available pertaining to the current drop in rates … to be anything new when applying for a mortgage refinance, there may be a difference in rates … it will qualify.When looking at a mortgage refinance, it is important to get your credit score while you
Mortgage rates down but full effect of base rate cuts yet to be seen – Fair Investment Company – foreclosureblog.org
02/25/2009
Fair Investment Company Mortgage rates down but full effect of base rate cuts yet to be seen Fair Investment Company, UK The LIBOR – the rate at which banks lend to each other – has fallen from six per cent last autumn to around two per cent, allowing mortgage rates to come down for many borrowers, especially those
Saving the Neighborhood with Loan Modification – cnknepal.com
02/25/2009
A few months ago I visited my old neighborhood, where my grandparents and parents still live … convinced they were losing their homes because they could no longer afford the new, higher mortgage rates. Interest rates had soared almost overnight. While I was in town I did some research and found loan
US mortgage applications down, led by refinancing – Reuters – foreclosureblog.org
02/25/2009
US mortgage applications down, led by refinancing Reuters By Julie Haviv NEW YORK (Reuters) – US mortgage applications fell last week, reflecting a sharp drop in demand for refinancing as mortgage rates ticked higher, an industry group said on Wednesday. The decline followed recent robust
MORTGAGE RATES HOLD STEADY – realestatepick.com
02/25/2009
30-year fixed-rate mortgage: Averaged 5.16 percent with an average 0 … fixed-rate mortgage … . From the Freddie Mac Site Interest rates
Mortgage applications fell 15.1% last week: MBA – realestate43.com
02/25/2009
Higher mortgage rates last week coincide with the volume of applications filed for home loans falling a seasonally adjusted 15.1% compared with the week before, Mortgage Bankers Association data show.
Mortgage applications fell 15.1% last week: MBA – forexblognews.com
02/25/2009
Higher mortgage rates last week coincide with the volume of applications filed for home loans falling a seasonally adjusted 15.1% compared with the week before, Mortgage Bankers Association data show.
Best Home Mortgage Rate – blu-ray1st.com
02/25/2009
The lender who gives a home mortgage loan charges certain rate of interest for that loan and it varies from lender to lender; … him maximum profit and he will give you rate based on this. Most home mortgage rates are front-loaded … you could opt for either of these loans here.Because of the fact that the mortgage interest rates vary
MORTGAGE RATES HOLD STEADY – realestatepick.com
02/25/2009
30-year fixed-rate mortgage: Averaged 5.16 percent with an average 0 … fixed-rate mortgage … . From the Freddie Mac Site Interest rates
Try and find a little happiness.. – jameslawless.ie
02/25/2009
There’s a lot of doom and gloom out there. Much of it is real My last post talked about the apocalypse … south across the board, we might take some comfort in the fact that mortgage rates are close to bottom … is still just a trickle but that has to change. Mortgage lenders and developers are beginning
S&P/Case-Shiler Index – bostonreb.com
02/25/2009
From the Boston Globe: The S&P/Case-Shiller index shows Boston housing prices dropped 1 … 1990s, Case said. The four-year slide in housing prices, very low mortgage rates, and a new $8,000
MORTGAGE RATES HOLD STEADY – realestatepick.com
02/25/2009
30-year fixed-rate mortgage: Averaged 5.16 percent with an average 0 … fixed-rate mortgage … . From the Freddie Mac Site Interest rates
Real Estate Home Prices Cool in 2006 – Soft Landing Projected for Current Record Housing Boom – countypark.org
02/25/2009
The five-year period has seen an explosion in sales of new homes and in many U.S … . The trend to higher mortgage interest rates was to result in sales slowdown in speed but we have until … of alien, the interest that the mortgage and the threat
Credit Repair: How to Keep Your Credit Score Safe? – fairloanrate.com
02/25/2009
If you have a lower credit score that you would like, odds are that the score is caused by some small financial mistake or oversight you have made in the past. Not every person with bad credit has a low credit score caused by something they did, though. Sometimes, other people’s criminal activity can affect your credit score
MORTGAGE RATES HOLD STEADY – realestatepick.com
02/25/2009
30-year fixed-rate mortgage: Averaged 5.16 percent with an average 0 … fixed-rate mortgage … . From the Freddie Mac Site Interest rates
Refinancing with Obama’s Plan – drdbroker.wordpress.com
02/25/2009
Image via WikipediaFor most of us in Southern California, the wonderful new mortgage rates of 5% and below are unattainable dreams. The reason? … mortgage is what will be used to make the determination. Rates of 3% and 4% have been mentioned … the $3000 a month payments on your $430000 mortgage when your home is worth only $330,000. It’s tough
Have you read it before you judge the $ plan? – wp02.miomia.net
02/25/2009
[#3: Edit Options>MightyAdsense>Adsense Code] February 10, 2009 Financial Stability Plan Fact Sheet by Treasury Department & Geithner is below and my comments are below.What Geithner stated at the G7 world finance meeting on 2/14/09: we outlined a broad framework for financial recovery and stability
Comparing Retirement Cost of Living in Different Locations – gotoretirement.com
02/25/2009
When baby boomers retire, many will consider relocating to lower their cost of living … made for current mortgage rates and home prices for the two cities.  Overall, the data
Is it time to renegotiate your mortgage? – blog.crystalridgetownhomes.com
02/25/2009
Gord McCallum of First Foundation Mortgages forwarded me an article from the Globe and Mail last week that talked about the pro’s and con’s of renegotiating your mortgage. Why would you consider renogiating? Well, mortgage rates have come … you will likely save a lot of money at today’s rates.” Another option is to blend and extend your mort
What they’re saying about Obama’s speech – ibabuzz.com
02/25/2009
Just a sampling, a snack, a taste, an amuse-bouche … Can you tell I haven’t had any dinner yet? From Rep … . The President spoke tonight about helping to lower mortgage payments and mortgage rates. He told us that the average family that refinances today can save nearly $2000 per year on their mortgage
To Stop House Foreclosure Or Not? – 8th Edition – keytoeden.com
02/25/2009
February 25th, 2009 Goto commentsLeave a comment It?s an epidemic that hasn?t been seen since the great depression; … sell is when an uninterested party negotiates with your mortgage company for a lower payoff … circumvent foreclosure. If you are significantly behind on your mortgage and cannot see the light of day
? – homemortgagevision.com
02/25/2009
Mortgage Rates TodayMortgage rates today are so low that more people who were renting are now making the decision to buy their homes … that you have been paying in rent. Considering the mortgage rates today compared to in years past it is most likely in your favor to buy a home.If buying a home at mortgage rates today is something
Daily Rates For February 24, 2009 – knightlinesmtg.com
02/25/2009
The Daily Mortgage Loan Interest Rates for Eustis, Tavares, Mount Dora, and surrounding areas in Lake County, Florida … received from this site or by calling 352-308-7219. Mortgage rates published on this page are the current … . Rates as of February 24, 2009 Product Rate Discount APR
Random Thoughts on President Obama’s Speech – kevinjthompson.wordpress.com
02/25/2009
(Quotations mentioned below are not exact, but to the best of my recollection.) Why can’t we just call this the State of the Union Address? … ? How is the government going ensure more people can get loans or better mortgage rates without
Read entry – pretzlelogic.com
02/25/2009
A mortgage complaint Is the mortgage industry the only non-monopolistic industry where the consumer has no say in which company offers the … your mortgage is sold. And the argument that this would raise mortgage rates is bunk – since … mortgage? Let’s say you took out a mortgage through LendingTree. They then sold your mortgage
CBO Housing Outlook – boiserealestateinfo.net
02/25/2009
Although housing starts and home prices have fallen substantially, the inventory of unsold home remains very high … will not begin to recover until late 2009. After rising for much of the year, mortgage rates decreased late last year. Lower mortgage rates have spurred applications for mortgage refinancing
And Then I Cried Over The Sad Mop – wp02.miomia.net
02/25/2009
After a whole lot of second- and third-guessing ourselves as to what the hell we should be doing, … . If all goes well — and omg, there are a lot of things involved in financing a house, and mortgage rates … t understand from your realtor, mortgage broker, tax attornies from two different firms in two different states
Probably Exactly What I Should Be Blogging About – wp02.miomia.net
02/25/2009
As I write this, it’s Monday morning and Ish and I have the day off. He’s just switched on the television in time to see a young couple on Maury have some Family Sex Secret Revealed. The tv is on mute, so I don’t know exactly what’s happened, but the young woman without many of her teeth suddenly burst into tears and the man on the stage next to
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Mortgage 0 Comments

Posts about Interest Rate as of February 24, 2009

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ABC Ignores Personal Responsibility in Segment on Home Foreclosures – businessopportunitystartup.com
02/24/2009
Tuesday’s “Good Morning America” ignored the liberal leanings of a Florida attorney who is instructing people on how to stall home foreclosures … to the Rescue? Banks may be required to offer interest rate relief for… Citigroup to help
How do we get to Hyper Inflation? – robgo.tumblr.com
02/24/2009
I hope this doesn’t happen, but I don’t know if it can be avoided … 0% interest rate. And they are borrwing as fast as they can, for all the bail out money. Let’s play … . The Fed’s only option is start increasing interest rates that reflects the risk and to spur demand
Benefits of a Secured Loan Calculator – myflhomebuyer.com
02/24/2009
by Madeline Monarch The benefits of searching for quotes on different loans may be provided by a secured loan calculator directly on some specialty … you will increase your odds of finding the best deal and the lowest interest rate. When you find a secured … to find low rates of interest as easily as possible is a website specializing in loans and
US Recession ‘may last into 2010? – olcieb.com
02/24/2009
US Federal Reserve Chief Ben Barnanke has warned Congress that without the right policies from the government, the US recession could last into 2010 … be hit. In its attempts to revive the company, the Federal Reserve has cut its key interest rate
Europe’s ‘Asian crisis’ may be overstated, at least for some – frontiermarkets.wordpress.com
02/24/2009
One commentator today noted that “in many ways, what’s happening now across Eastern Europe – including Russia – is reminiscent of the Asian economic … members that included leveraged mortgage loans tied to low interest rate currencies like the Swiss … foundation for the EU–Germany and, to a lesser extent, France–have quite a vested interest
Bernanke: economy suffering ’severe contraction’ – current-news.org
02/24/2009
By JEANNINE AVERSA AP Economics Writer WASHINGTON (AP) … , cuts interest rate By DEBBY WU Associated Press Writer TAIPEI, Taiwan (AP) -… Mexico 4Q
New York Fed buys MBS – Rates Stable – eugeneloanguy.com
02/24/2009
The Federal Reserve has been purchasing Mortgage Backed Securities for some time now and mortgage rates still aren’t at 4.5%. So ,what gives? Well the answer is really not that hard, nor is it that simple. First of all you need to understand what Mortgage Backed Securities are and how coupon rates compare to the actual interest rate
Tips on Refinancing Your School Loan – revarticles.com
02/24/2009
by Mishaun Taylor If you’re one of the millions of students who have taken out loans to finance their college education and find upon graduation … and many of these have different interest rates. Therefore, by consolidating, you can transfer the higher interest loans to smaller ones. This lower interest rate will make your monthly payments lower
Business Financing is Still Available but it is Not Cheap or Easy to Obtain – businessmoneytoday.blogspot.com
02/24/2009
Let’s face it, Banks are just not lending. It does not matter that they received over $350 billion of your money with more to come … companies in hopes of substantial interest rate returns. What is this you might ask? There is always
UW report finds inequalities in Washington criminal fines Filed Under (Crime, News, Washington) by Jason Ford on 24-02-2009 – koze950.com
02/24/2009
A new report finds wide disparities in how much Washington’s criminal defendants are required to pay in fines and fees … interest rate they must pay on the fines. Three years after the defendants were sentenced
Why a Fixed-rate Mortgage May Be Better for First-Time Homebuyer – revarticles.com
02/24/2009
by Amy Nutt It’s not uncommon for someone to look for the lowest price on any purchase that they are planning on making – this goes double for a … monthly payment they can get on a car, on an apartment and on a house – often the lowest monthly rate, at least at the start of the loan, will be with an adjustable rate mortgage so a lot of folks jump
Get a Good Student Loan in Colorado – bloggeron.net
02/24/2009
Student loans are a highly considered way to manage debts … into one, with a low interest rate. They can also lengthen the time over which they can pay back this loan (tenor … it easier to manage.* Interest: Federal loan schemes have a lower interest rate, making them
Ways to Pay Off Student Loans Debt – idealsharing.com
02/24/2009
by Becki Andrus Student loans debt is the second highest form of debt facing Americans today, just after credit card debt … starting with the highest balance or highest interest rate first, while still making the minimum payments … and roll it over into one loan with one interest rate and one monthly payment. It works by allowing
Dow ends worst week of 2009 at 2002 levels – easyfastcash.org
02/24/2009
Dow ends worst week of 2009 at 2002 levels The blue chips drop 100 points amid fears that the government will have to take over some big banks; … below, you will qualify for a Jumbo Loan, which carries higher interest rate … with increased volume and decreased open interest in option markets after the release, consistent
Tips on Refinancing Your School Loan – urlshouter.com
02/24/2009
Tips on Refinancing Your School Loan Posted on @ 4: … . This lower interest rate will make your monthly payments lower and lower the total amount you will pay … of consolidating. Many students have more than one loan and many of these have different interest rates
Tips on Refinancing Your School Loan – contestblogger.com
02/24/2009
by Mishaun Taylor If you’re one of the millions of students who have taken out loans to finance their college education and find upon graduation … and many of these have different interest rates. Therefore, by consolidating, you can transfer the higher interest loans to smaller ones. This lower interest rate will make your monthly payments lower
Who Wins with Obama’s New Homeowner Plan? – moovingthoughts.com
02/24/2009
1.  Those who want to refinance their home to take advantage of lower interest rates but have been refused because their home value has declined and … that they can not pay their current mortgage) may qualify for a loan modification (reduction in interest rate and/or principal). 3.  New Homebuyers (e.g., first time homebuyers or those
Bad Credit Student Loans – lpntorn.net
02/24/2009
by Bob Saunders In this day and age there are a lot of students who can’t qualify for a regular loan due to having bad credit … aside from being approved is that you will get a very low interest rate as well. After looking … at a lower rate. And since you will have a better job it will be that much easier. Yet another option
Ways to Pay Off Student Loans Debt – creativewits.com
02/24/2009
Ways to Pay Off Student Loans Debt Posted on February 24, 2009 @ 4: … off the loans separately starting with the highest balance or highest interest rate first, while … all your student loans debt and roll it over into one loan with one interest rate and one monthly
Ways to Pay Off Student Loans Debt – revarticles.com
02/24/2009
by Becki Andrus Student loans debt is the second highest form of debt facing Americans today, just after credit card debt … starting with the highest balance or highest interest rate first, while still making the minimum payments … and roll it over into one loan with one interest rate and one monthly payment. It works by allowing
Your Credit Affects How Much You Pay For Insurance – myblogconcept.com
02/24/2009
Insurance companies are in the business of making money. They need customers who will pay premiums and won’t file a claim … of different areas of your life. It obviously affects what kind of interest rate you will pay on a loan … , driving record, address and age of drivers are all factors in deciding an auto insurance rate
Ways to Pay Off Student Loans Debt – thefinancebee.com
02/24/2009
by Becki Andrus Student loans debt is the second highest form of debt facing Americans today, just after credit card debt … starting with the highest balance or highest interest rate first, while still making the minimum payments … and roll it over into one loan with one interest rate and one monthly payment. It works by allowing
The Basics of Mutual Funds – edubook.com
02/24/2009
Mutual funds are used to create a group of investments from a variety of people that are used as one large investment opportunity to create larger … of money being lent to the government and have an interest rate which generally higher than … the higher the interest rate and therefore the higher rate of return. An investor can invest
Who Will Buy America’s Trillions In New Debt? – investorsinsight.com
02/24/2009
IN THIS ISSUE: Federal Bailouts Surpassing $10 Trillion Government Finance 101 Who Will Buy All This New Debt? Bernanke: Crank Up The Printing Presses Real Storm Clouds On The Horizon Conclusions – Not Many I Can Find Introduction Over the last two weeks,
It makes no difference if you live in Barnstable Massachusetts or in Orlando Florida a estimable online inspection will salvage you often lots of anguish – divp-proj.org
02/24/2009
A lot of the banks wil show you a interest rate that is looking mediocre but feels bad or so after some time … . A merchant bank in Fort Collins South Carolina or so may have a total totally different actual rate of interest for a 30000 dollar bank loan then a merchant bank in Dayton Ohio and that makes a huge clear
Tips on Refinancing Your School Loan – thefinancebee.com
02/24/2009
by Mishaun Taylor If you’re one of the millions of students who have taken out loans to finance their college education and find upon graduation … and many of these have different interest rates. Therefore, by consolidating, you can transfer the higher interest loans to smaller ones. This lower interest rate will make your monthly payments lower
The fixed rate dilema… is 2 years too short? – oaktreemortgages.typepad.com
02/24/2009
2 Year fixed rate really the best As any good cook will tell you, timing is everything. Exactly the same is true with fixed rate mortgages at the moment! Imagine you want a mortgage that allows you to budget for the next few years. You might be unsure which way interest rates
Emerging Markets Report: South Africa’s economy shrinks for first time in a decade – forexblognews.com
02/24/2009
South Africa’s economy contracts for the first time in a decade in the fourth quarter of 2008, hit by a big decline in manufacturing output, official data show Tuesday, increasing the odds of an interest rate cut.
Homewoner Affordability and Stability Plan – hriggs.vox.com
02/24/2009
Pesident Obama unveiled his plan to help stabilize the housing market and keep millions of borrowers in their homes … interest rates. Therefore, the refinancing initiative in the new plan provides refinancing help … -worthy” or “responsible” homeowners can refinance their mortgage into a 30- or 15-year, fixed-rate loan
The Ups and Downs of Mortgage Industry – personalhomeloanmortgages.cn
02/24/2009
The Ups and Downs of Mortgage Industry Posted by Dark Spider at February 24, 2009 Mortgages are designed in two simple structures; … business to decide the interest rates to be offered. The rate on fixed-rate mortgages will be fixed … fixed rate plans and adjustable rate plans. You may also find some plans with a combination
Global Stock Market Today (US Stock Market, European Stock Market, Asian Stock Market, Metals, FOREX) – stock-promoter.thesubway.com
02/24/2009
Global Stock Market Today (US Stock Market, European Stock Market, Asian Stock Market, Metals, FOREX)Citigroup, Nova Chemicals, RBS, Humana, PalmU.S. stocks were mixed on Monday as the Dow Jones Industrial Average rose 51 points to 7417.7 the S&P 500 rose 4.4 points to 774.4 and the Nasdaq Composite dropped 0.8 points to 1440.46
Should I Consolidate My Private Student Loans? – contestblogger.com
02/24/2009
by Louis Zhang After successfully completing a college degree, … different interest rates which add up to one big rate. Maintaining a good credit history equals lower interest rates. If learning that lower payments, extended repayment term, and a lower interest
Debt Consolidation : More Tips To Improve Your Debts – creditcardsuncovered.com
02/24/2009
by Steward Locks Do you’ve a bad credit? Have you ever wonder of ways to get out of it? Debt consolidation is a good way of getting out from it … is usually a debt with a lower interest rate. At time, a debt consolidation loan will have a fixed … get a lower rate through a secured loan. A secured loan is a loan where you can use your properties
Mortgages 101 For Home Buyers – condosphilippines.com
02/24/2009
by Evan SageA mortgage is an agreement between a lender and borrower where the borrower puts up a piece of real estate as collateral for a loan to … on a home when the first is at a very attractive rate for situations like home improvements as they generally have a shorter term and higher interest rates than the first.Many fees can get reduced or
FHA Guidelines – fha-loanrates.com
02/24/2009
The Two Main FHA Loan Guidelines Are Based on the Amount of Loan and Your Income If you are a first time homebuyer longing to buy your first … you to pay low interest rate, minimum down payment, and low closing rates. The rates … and follow it up by 0% from the following year, plus an option of permanently lowering your rate of interest
Home Foreclosures: More Than Just Bad Budgeting – thefinancebee.com
02/24/2009
by William Blake For the past several years, the number of home foreclosures has been steadily increasing and it seems that there is little chance … the borrower might be able to get a good interest rate on their loan, being even slightly late on only payment could make the interest rate go through the roof. After a couple of months of
Should I Consolidate My Private Student Loans? – lpntorn.net
02/24/2009
by Louis Zhang After successfully completing a college degree, … different interest rates which add up to one big rate. Maintaining a good credit history equals lower interest rates. If learning that lower payments, extended repayment term, and a lower interest
Should I Consolidate My Private Student Loans? – my-pf.blogspot.com
02/24/2009
By Louis Zhang After successfully completing a college degree, … different interest rates which add up to one big rate. Maintaining a good credit history equals lower interest rates. If learning that lower payments, extended repayment term, and a lower interest
Destroying the Economy to Save It – libertymaven.com
02/24/2009
D o w n s i z e r – D i s p a t c h Quote of the Day: “The high cost of living has reduced its popularity … the interest rate to the current fixed rate, and reset
Bernanke: economy suffering ‘severe contraction’ – how-to-be-rich-and-happy.blogspot.com
02/24/2009
Jeannine Aversa, AP Economics Writer WASHINGTON (AP) … interest rate to an all-time low and Obama recently signed a $787 billion stimulus package of increased
Should I Consolidate My Private Student Loans? – thefinancebee.com
02/24/2009
by Louis Zhang After successfully completing a college degree, … different interest rates which add up to one big rate. Maintaining a good credit history equals lower interest rates. If learning that lower payments, extended repayment term, and a lower interest
First Home Owners Grant – about-grants-for-small-business.com
02/24/2009
Wherever you look at the moment in Australia, despite the world financial meltdown, if you have a steady job and some savings, … interest rate. Once you have done that it is as easy as applting to the Federal Government for the grant … it has never been a better time to look at buying a new home. Why? Well, with interest rates
Study the Alternative Of An Unsecred Debt Consolidation Loan – studentloan-blog.com
02/24/2009
Study the Alternative Of An Unsecred Debt Consolidation Loan February 24th, 2009 Subscribe To Our Feed Bankruptcy is an terrifying word, … you are capitalistic and you may be able to negotiate a better interest rate. If though, even after browsing, you still can’t find a rate of interest that is going to actually make any difference
Recipe for Disaster: The Formula That Killed Wall Street – nevadathunder.com
02/24/2009
side note: Hmmm…..you think we need some more regulation? Ya…I think so. These guys are way too smart to be left to regulate themselves….there’s just too much money and greed involved. I recommend clicking here to be taken to Wired Magazine’s site, there are tons of links within the article that will help you better understand this stuff
Greenspan to blame? Think away from blame – teamatthebeach.com
02/24/2009
My yoga teacher says its Alan Greenspan’s  fault. During the Clinton era he should have raised the interest rate as the economy grew. That would have stopped the bubble. He wanted things to look good
Market for Chicago Condos – idealsharing.com
02/24/2009
by J. Kim 2008 has been a very difficult market for Chicago condos, for South Loop area of downtown, 2009 doesn’t look any better … with the interest rate low as 5 percent for 15 year fixed mortgage, the conditions can never be better
Helping Families Save Their Homes Act of 2009 (HR1106) – johnsonlawpa.com
02/24/2009
According to an article published in the Congressional Quarterly on February 23, 2009, … the interest rate and term of a mortgage loan. The language of HR 1106 can be found here: http
Chicago Condos – isulongseophil.net
02/24/2009
by J. Kim It has been a dismal 2008 for Chicago condos, but it doesn’t look like it is going to get any better, especially for South Loop, … reason you might want to take a look is the low interest rate currently being offer by many financial institutions. The interest for mortgage have been lowest in recent years. The 30 year and 15 year
Permalink : How to Handle Collection Calls During Foreclosure – foreclosurefish.com
02/24/2009
How to Handle Collection Calls During Foreclosure February 24, 2009, 10:30 am It is almost automatic. The second you are late paying your mortgage, the lender begins to call, looking for its money. At first, the collector may be nice and gently remind you of the due date and that you missed your payment for that month
South Loop Chicago Condos – myrealestatementors.com
02/24/2009
by J. Kim It has been a dismal 2008 for Chicago condos, but it doesn’t look like it is going to get any better, especially for South Loop, … interest rate currently being offer by many financial institutions. The interest for mortgage
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Interest Rates 1 Comment

Fed Cuts Short-Term Rates to Nearly Zero

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The United States Federal Reserve says it will use “all available tools” to restart economic growth. The central bank’s main interest rate is now the lowest in its history. This week the Fed cut its target rate of one percent for overnight loans between banks to a target range of zero to one-fourth of one percent. The Fed based its decision on weakening economic conditions.

The Federal Reserve building in Washington D.C.

Federal Reserve in Washington

Americans have decreased their spending every month since July — the longest period in at least sixteen years. Unemployment grew to six and seven-tenths percent in November — the highest in fifteen years.

This week’s cut in the federal funds rate was larger than many economists had expected. The Fed also cut its rate for direct loans to banks. And it began paying interest on balances held in the Federal Reserve System.

In the past, cutting rates has been a powerful tool to lift the economy. But President-elect Barack Obama says it is not enough this time.

BARACK OBAMA: “We’re running out of traditional ammunition that’s used in a recession, which is to lower interest rates. They’re getting to be as low as they can go.”

Read the full story

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