How does the federal rate cut affect mortgages?

The Fed has cut rates by 75 basis points. These cuts in the federal funds rate does not neccessarily mean that mortgage rates will go down. Rates may go down after this week’s rate cut, but they also may go up, as they did after the Fed’s rate cuts in January cuts.
It is impossible to know what impact the Federal rate [...]

Filed under: Mortgage info on March 18th, 2008 | 1 Comment »

Breaking down the different home price index reports - part four

 
Cecil County real estate market statistics and Harford County real estate market statistics
For my last aricle on this subject I am going to discuss the Cecil County real estate market and the Harford County real estate market reports. These reports are offered through my mls (multiple listing service). Here in Cecil County we use MRIS [...]

Filed under: Market Statistics on March 18th, 2008 | 1 Comment »