May 28, 2013. Like guests feeling the first rain drops at a Memorial Day barbeque, markets responded uncertainly to Federal Reserve Board Chairman Ben Bernanke’s congressional testimony and the newly released Federal Open Market Committee (FOMC) minutes last week. Generally, both Bernanke’s comments and the FOMC minutes reiterated what the Fed has been saying for…
Mortgage Market News for the week ending May 24, 2013. For months, investors have been focused on the question of when the Fed will begin to scale back its massive bond buying program. On Wednesday, comments from Fed Chief Bernanke and the Fed Minutes caused investors to think that the tapering may begin sooner than…
Tax season is finally over and it’s that time of year again when many of us are either planning summer vacations, or getting ready to leave. When it comes to the excesses and indulgences of vacations, you might like to think that “what happens in Vegas, (or wherever you travel) stays in Vegas.” Unfortunately, poor…