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Well…maybe not, but it looks like the Federal Reserve may be stopping any new efforts to “revive the economy” at its meeting this week. According to economists, Chairman Ben Bernanke and his colleagues don’t want to “overdo” the stimulus medicine and that “stimulating the economy” …

Yesterday when the Federal Reserve decided to print $1.2 trillion and pump the money into the economy, including buying $750 billion in mortgage backed securities and $300 billion in Treasury debt, every news source said it was a good move that would bring down mortgage …

Usually when I see that in the title of a banner ad, it is followed by a cartoon doing a silly dance. However, mortgage rates ARE at 30 year lows and are still falling.
Freddie Mac, the mortgage company, reported yesterday that average rates on 30-year …

On Wednesday, Freddie Mac says that the 30 year fixed mortgage fell to 6.52% as the price of oil fell this week.
The chief economist for Freddie Mac, Frank Nothaft says, Mortgage rates moved lower this week as a drop in commodity prices eased market concerns …