Tag Archives: ben bernanke

The Federal Reserve Pushes Mortgage Interest Rates Lower

The Federal Reserve under Ben Bernanke is doing everything it can to prevent America from falling into another recession. It is lowering interest rates and prompting a mini flood of refinance applications. How much will this help the housing market? … Continue reading

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How’s The Federal Reserve Going To Drive Interest Rates Lower?

Mortgage interest rates are already at record lows. Now we have an announcement from the Federal Reserve today aimed at driving long-term interest rates even lower, to practically zero (bad news for seniors who rely on their savings for income). … Continue reading

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Mortgage Interest Rates Go Up A Bit

Mortgage interest rates remain near record lows. Ben Bernanke and the Federal Reserve are expected to push down mortgage interest rates. Bernanke has a big speech on Friday. Mortgage applications are at their lowest point since 1996. You would think … Continue reading

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What Kind Of Job Is Ben Bernanke Doing?

Economics was my intellectual life from 1983-1989. I loved it. I read book after book on the topic. I majored in Economics at UCLA, the University of Chicago of the West. It was a libertarian-leaning department, the only non-liberal department … Continue reading

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Fixed Rate Mortgage Interest Rates Increase

We’re still near record lows for mortgage interest rates, but the heading is up. Fed chairman Ben Bernanke said the Fed is going to hold steady. There will be no third round of monetary stimulus. So the US dollar is … Continue reading

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30-Year Fixed Rate Mortgage Rates Holding Steady

Mortgage rates can not go much lower. They’re at historically low levels. They can only go up. I wonder if the Federal Reserve will continue with its program of quantitative easing? Chairman Ben Bernanke worries much more about deflation than … Continue reading

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When Did ‘Qualititative Easing’ Become A Bad Thing?

Where I come from, qualitative easing was a cause for celebration. Easy money! Lower interest rates. More economic growth. What’s not to like? This reminds me of a friend who complained that all the things he used to like to … Continue reading

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Federal Reserve Determined To Keep Short-Term Interest Rates Near Zero Until Unemployment Falls

The American unemployment rate is 9.8% and there is no prospect of a significant fall in that number until at least 2015. There are signs that the economy is picking up and that has driven up interest rates, which the … Continue reading

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Get Ready For The Next Wave Of Foreclosures

I am so glad that the federal politicians chose to bail out Fannie Mae and Freddie Mac. It is only costing us taxpayers over $200 billion. That’s crazy. I’d love to see what some free market policies would do for … Continue reading

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Inflation, Interest Rates Expected To Stay Low Into 2010

The Federal Reserve is playing a dangerous game. The dollar is record lows. Gold is at record highs. Oil is at $80 a barrel. The economy is underperforming and inflation remains low. The Washington Post reports on this delicate dance … Continue reading

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