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A Simple Explanation Of The Federal Reserve Statement (January 27, 2010 Edition)

The Federal Open Market Committee voted to leave the Fed Funds Rate within its target range of 0.000-0.250 percent. In its press release, the FOMC noted that the U.S. economy “has continued to strengthen”, that the jobs markets is getting better, and that financial markets are supportive of growth.

By |2017-08-10T02:43:00-04:00January 27th, 2010|FOMC|Comments Off on A Simple Explanation Of The Federal Reserve Statement (January 27, 2010 Edition)

Spring 2010 FHA Guidelines Make Borrowing Tougher And More Expensive

In a statement issued Wednesday, the Federal Housing Authority outlined policy changes to its mortgage assistance program. The shift is meant to both reduce the government group's portfolio risk while strengthening its overall financials. For consumers, the changes mean higher costs.

By |2017-08-10T02:43:05-04:00January 26th, 2010|Economy, FHA Mortgages, Homebuyer Tax Credit, Mortgage Lending, Real Estate|Comments Off on Spring 2010 FHA Guidelines Make Borrowing Tougher And More Expensive

How To Remove Mildew Smells From A Front-Loading Washing Machine

As compared to its top-loading counterpart, a front-loader can handle larger clothing loads, is gentler on garments, and uses about 1/3 of the water. However, because its design prevents water from fully draining, a front-loading washer can be a haven for mold and bacteria if not cared for properly.

By |2017-08-10T02:43:19-04:00January 17th, 2010|Consumer Interest, Home Appliances|Comments Off on How To Remove Mildew Smells From A Front-Loading Washing Machine

Home Prices On The Rise, Says The October Home Price Index Report

More positive signals from housing -- home values are still on the rise. According to the Federal Housing Finance Agency, after posting its first quarterly increase since 2007 this past September, the Home Price Index rose by another 0.6 percent in October. Prices are up in 4 of the last six months.

By |2017-08-10T02:43:28-04:00January 9th, 2010|Economy, Home Values, Local, New Jersey, Pennsylvania, Real Estate|Comments Off on Home Prices On The Rise, Says The October Home Price Index Report