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Selected NewsNumbers Dont Lie: LoanBiz.com Analyzes Correlation Between Federal Funds Rates and Home Mortgage Rates (PRWeb)While Federal Reserve watchers disagree about the impact of its cuts on mortgage rates, a look at historical data shows how the Feds rates impactand dont impactvarious mortgage products. LoanBiz.com takes this data and combines it with expert commentary for a comprehensive look at how Fed rate changes affect the economy and consumers personal finances. (PRWeb Mar 19, 2008) Read the ... Read more Bank of America May Take $6.5 Billion Loss Provision (Update3) (Bloomberg.com)March 22 (Bloomberg) Bank of America Corp. , the second biggest U.S. bank by assets, may take a record $6.5 billion provision in the first quarter to cover possible future losses in its home equity and mortgage portfolios, Punk Ziegel and Co. analyst Richard Bove wrote. Read more Bank of America May Take $6.5 Billion Loss Provision (Update1) (Bloomberg.com)March 22 (Bloomberg) Bank of America Corp. , the second biggest U.S. bank by assets, may take a record $6.5 billion loan loss provision in the first quarter to cover possible future losses in its home equity and mortgage portfolios, Punk Ziegel and Co. analyst Richard Bove wrote. Read more Blogs about Home Equity Mortgage Rates
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