Posts Tagged ‘Federal Reserve’
Mortgage applications in decline last week
Even with continued low mortgage rates for the week ending Oct 29 Mortgage applications decreased. Overall applications were down 5 percent for the week behind by a 6.4 percent. This is the third straight week of drops, the Mortgage Bankers Association said Wednesday. The purchase index increased 1.4 percent from a week earlier, down 28…
Read MoreStocks Fall with Worries Over Fed’s Strategy
Wall Street was jumping at the Wednesday open on worries that the Federal Reserve’s next round of quantitative easing could be smaller than expected. The central bank is widely expected to announce a restart to its program to purchase Treasury bonds when it gathers next week, but the Wall Street Journal reported Wednesday that the…
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