The central bank made the announcement following a two-day meeting of its governing body
The Fed made the announcement following a meeting of its governing body
Mortgage rates moved down this week in the wake of weaker-than-expected economic and housing data
Mortgage applications were down for the second week in a row last week as rates continued to rise
Fixed mortgage rates rose again this week, while adjustable rates eased somewhat.
Fixed mortgage rates rose slightly this week for the second week in a row
Mortgage applications dropped last week as rates climbed
Many of the 1.2 million people who have taken advantage of HAMP will see their monthly mortgage payments spike as the program expires