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Federal Reserve cut interest rates today 7th time

by countyproperties | Jul 31, 2008 | Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news

The Federal Reserve cut interest rates today for the seventh straight time since September of last year. Many experts believe that the Fed is done cutting interest rates and will begin a new watch-and-wait policy. This new policy is due – in part – to the fact that...

Stop My Foreclosure in San Diego or Riverside Today

by countyproperties | Jul 25, 2008 | Finance, Riverside foreclosure news, San Diego Foreclosure news

Stop My Foreclosure TodayBEHIND IN YOUR PAYMENTS? NO EQUITY IN YOUR HOME? ARE YOU IN FORECLOSURE? We have programs to stop your Foreclosure regardless of your current situation… Even if you have no more Equity in Your Home! With the right help, virtually...

How housing rescue bill can help you in San Diego or Riverside

by countyproperties | Jul 25, 2008 | Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news

A bill passed by the House on Wednesday will assist up to 2 million borrowers in danger of foreclosure by allowing them to refinance their current mortgages with a Federal Housing Administration (FHA)-backed loan. The bill also allocates funding to assist Fannie Mae...

Fed to clamp down on exotic and subprime loans

by countyproperties | Jul 11, 2008 | Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news

On July 14, the Federal Reserve is expected to present a revised set of rules governing mortgage lending. Proposed rules issued in December drew significant criticism from lenders, who fear that tougher standards at a time when credit already is tight could make many...

FED'S LEAVES KEY SHORT-TERM INTEREST RATE UNCHANGED AT 2 %

by countyproperties | Jun 27, 2008 | Finance

Against a backdrop of growing concern about the direction of the economy and inflation fears, The Federal Reserve left a key short-term interest rate unchanged Wednesday ending a pattern of rate decreases that began last fall. The Fed announced its federal funds rate,...

Feds-Bernanke says rate “well positioned,” watching dollar

by countyproperties | Jun 6, 2008 | Finance

Federal Reserve Chairman Ben Bernanke Tuesday signaled he is finished cutting interest rates for now and has turned his attention to concerns about inflation in the world’s foreign exchange markets in the wake of the U.S. dollar’s 16 percent decline...
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