Home Equity Loan Blog

Wall St. Holds Breath Anticipating Fed's Next Move
Los Angeles Times - Wall Street stocks were in a holding pattern today in advance of what many investors and analysts expect will be the most recent in a string of rate hikes by the Federal Reserve. The Dow Jones industrial average, which has been approaching its all

Mortgage Rates Nearly at Four Year High
FOX News - WASHINGTON Rates on 30-year mortgages climbed this week, hitting their highest point in nearly four years, a development that will be weighed by people thinking about buying a home or refinancing the one they own. Click here to visit FOXBusiness

U.S. Economic Growth Rises Sharply
The economy grew at an annual rate of 4.8 percent in the first quarter, its fastest pace in more than two years.

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American consumers go on a debt diet in March
Americans increased their borrowing in March at the slowest pace in four months as people cut back on their credit card charges. The Federal Reserve reported Friday that consumer borrowing rose at an annual rate of just 1.4 percent in March. That was down from a 2.5 percent pace in February and represented the smallest increase since November when consumers actually sliced their borrowing.