Daily Archives: December 14, 2006

Mortgage applications up. Rates still low.

This article was in our Realtor® Magazine and it is encouraging news for the real estate market and for the turnaround we expect here in Naples, Florida. The volume of applications for home loans rose 11.4 percent last week, the … Continue reading

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Fed rate stays at 5.25 percent

The Federal Reserve had their meeting this week and distributed the following press release. The Federal Open Market Committee decided today to keep its target for the federal funds rate at 5-1/4 percent. Economic growth has slowed over the course of … Continue reading

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