Question remains: When will interest rates start rising?

This is why you can't blame Millennials for low homeownership rates

Stop the blame game

Bill to eliminate $6M raise for Fannie, Freddie CEOs passes House Committee 57-1

Growing bipartisan support means passage likelier
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Items Tagged with 'economic recovery'

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Yellen: If nothing changes, expect higher interest rates this year

Contingent on “continued improvement” in labor market conditions
As predicted by many economists, the Federal Reserve is indeed considering raising the Federal Funds Rate later this year, Fed Chair Janet Yellen said Friday. And if the economy improves as expected, she believes it will be “appropriate” for the Fed to raise the Federal Funds Rate this year, which in turn, would affect mortgage interest rates.
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President Obama: No more housing initiatives

Middle class focus and praise for increased regulation

"We believed that sensible regulations could prevent another crisis, shield families from ruin, and encourage fair competition. Today, we have new tools to stop taxpayer-funded bailouts, and a new consumer watchdog to protect us from predatory lending and abusive credit card practices."


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Household wealth hits new record

Key to boosting the economic recovery?

Americans' wealth hit the highest level ever in the second quarter, following a rise in stocks and home prices. This could ramp up consumer borrowing, which could be the key to boosting the economic recovery.


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