by Jon Terry | Aug 3, 2012 | Blog, Personal Finance
With mortgage rates down to all-time lows, you can buy a lot more home for your money. Home affordability is at an all-time high. According to last week’s Freddie Mac mortgage rate survey, the average 30-year fixed rate mortgage has dropped to 3.62%...
by Jon Terry | Aug 1, 2012 | Blog, The Economy
When the calendar flips to a new year, analysts and economists like to make predictions for the year ahead. So, today, with the year half-complete, it’s an opportune time to check back to see how the experts’ predictions are faring (so far). If...
by Jon Terry | Jun 27, 2012 | Blog, Federal Reserve, Mortgages
The Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent Wednesday. For the fifth consecutive meeting, the Fed Funds Rate vote was nearly unanimous. Just one FOMC member, Richmond Federal...
by Jon Terry | Apr 4, 2012 | Blog, Federal Reserve, Mortgages
The Federal Reserve has released the minutes from its last FOMC meeting, a 1-day affair held March 13, 2012. Mortgage rates in Colorado are rising on the news. For the un-indoctrinated, 3 weeks after it meets, the Federal Open Market Committee, the sub-group within...
