The term “down payment assistance” sometimes conjures up negative thoughts – but when it comes down to it, who wouldn’t benefit from an influx of extra money when buying a new home? Sounds like a win-win. The most important thing to know is that basically any qualified home-buyer can utilize down payment assistance – contrary [...]
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What Does the Fed Decision Mean?
June 25, 2008The Federal Open Market Committee (FOMC) announced today that it is holding the Fed funds rate steady at 2%. But what does that mean for consumers? Quicken Loans Chief Economist breaks it down for us, translating each line of econo-talk to everyday lingo… Federal Reserve Press Release – Release Date: June 25, 2008 For immediate [...]
