June 23, 2009
The Federal Reserve begins its scheduled two-day meeting this morning. It’s one of 8 scheduled meetings for the Federal Open Market Committee this year. When the FOMC meets, it discusses the financial and economic conditions around the country and, when appropriate, the group makes new policy meant to speed up or slow down the economy
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June 19, 2009
Mortgage rates are suffering through another volatile week, causing problems for rate shoppers and home buyers. After falling Monday and Tuesday, mortgage rates surged Wednesday and Thursday. The momentum higher appears to be carrying into the weekend, too
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