US Federal Reserve extends stimulus to weak economy. The Federal Reserve on Wednesday extended its monetary stimulus to a U.S. economic recovery that looks at risk of stalling, renewing its effort to depress borrowing costs by selling short-term bonds to buy longer-dated ones. Read full post here.
Crisis has thrown back US families 20 years by Patrick Martin. The financial crisis of the past four years has thrown American families back two decades, according to figures provided by the Federal Reserve Board in its triennial Survey of Consumer Finances. Read full post here.
Fixed Mortgage Rates Fall To New Record Lows. Fixed U.S. mortgage rates fell again to new record lows, providing prospective buyers with more incentive to brave a modestly recovering housing market. Read full post here.