Florida Mortgage News Update from Kevin Sandridge

6:02 AM |

A Simple Explanation Of The Federal Reserve Statement (September 21, 2010 Edition)

2010-09-21 14:47:13-04
Today, in its 7th meeting of the year, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged. Related posts:

A Simple Explanation Of The Federal Reserve Statement (April 28, 2010 Edition) Today, the Federal Open Market Committee voted 9-to-1 to leave...
A Simple Explanation Of The Federal Reserve Statement (March 16, 2010 Edition) Today, the Federal Open Market Committee voted 9-to-1 to leave...
A Simple Explanation Of The Federal Reserve Statement (January 27, 2010 Edition) The Federal Open Market Committee voted to leave the Fed...

Housing Starts Rise In August, But By Less Than The Headlines Report

2010-09-23 08:48:08-04
The number of single-family Housing Starts rebounded in August, climbing 4 percent from July's 14-month low. Related posts:

Single-Family Housing Starts Hold Steady For The 8th Straight Month Single-family Housing Starts idled last month, dropping just 3,000 units...
Bad News for Florida Home Buyers as Housing Starts Trend Downward Florida mortgage rates are great right now, holding steady at...
May Housing Starts Fall – Pushing Home Prices Higher Single-family housing starts plummeted to a one-year low in May,...

Existing Home Sales Rebound In August, Give Hope For Autumn

2010-09-24 08:47:45-04
Sales of existing homes in recovered in August, perhaps the result of a post-tax credit normalization. Related posts:

New Home Sales Drop In July — Just Like Existing Home Sales Although new home inventory actually dropped 2,000 units in July,...
Home Sales Are Back On The Rise After A 2-Month Pullback Just one week after reports of Existing Home Sales and...
Existing Home Sales Drop In June But Hint At Higher Price Tier Support Consistent with most post-home buyer tax credit housing news, Existing...

Florida Mortgage Update for the Week of September 27, 2010

2010-09-27 08:47:47-04
In back-and-forth trading last week, conforming mortgage rates bottomed out Wednesday before rising through Friday's afternoon close. This week should be even more volatile. Related posts:

Florida Mortgage Update – Week of March 8, 2010 Florida mortgage markets improved last week in low-volume trading....
Florida Mortgage Rate Update for the Week of September 20, 2010 Mortgage markets were highly volatile, yet relatively unchanged last week...
Florida Mortgage Rate Update for the Week of September 7, 2010 Mortgage rates worsened 3 days in a row last week...

New Home Sales Unchanged In August; Market Stabilizing

2010-09-28 08:48:22-04
The August New Home Sales was weaker-than-expected, but both Wall Street investors and Main Street economists are shrugging it off. The numbers were foreshadowed by weakening housing figures from earlier this summer. Related posts: