The Federal Reserve’s stimulus plan was designed to improve conditions at home. But now that the Fed is moving forward with tapering it down in 2014, a meeting of the world’s leading monetary policy makers in Sydney points up the international effects of the massive...
What a difference $10 billion makes. After announcing in December 2013 that it would taper off its stimulus plan from $85 billion in securities purchases a month to $75 billion, the Federal Reserve has just released plans to cut back by another $10 billion a month...
Last year foreign investment in US real estate topped $7 billion in single family home purchases alone. As a new report by CNBC reveals, four of the top five cities for global real state investment were in the United States, investors from countries around the world...
After months of waffling about the fate of its massive bond buying stimulus plan, the Federal Reserve has taken the financial world by surprise with its just-released announcement that it will begin “modestly” tapering the plan down in January 2014. While the news...
Fannie and Freddie are moving on. The two government owned mortgage lenders are planning to raise loan guarantee fees for 2014 in an effort to scale back their presence in the mortgage market. It’s a move that has considerable implications for the mortgage industry –...
