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Fed to Cut Rates Again - Posted on February 14, 2008

Federal Reserve Chairman Ben Bernanke told Congress Thursday that America's economic outlook has deteriorated and signaled that he was prepared to cut rates as needed to stimulate the econonmy. Bernanke said the one-two punch of the housing and credit crises has put much pressure on our struggling economy. Hiring has slowed and people are likely to tighten their belts further, as they are pinched by high energy prices and watch the value of their homes. Is a recession pending? The forecast for the economy has worsened in recent months, and the downside risks to growth have increased,” Bernanke said. “To date, the largest economic effects of the financial turmoil appear to have been on the housing market, which, as you know, has deteriorated significantly over the past two years or so... Read More »

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Finding the best rate on your Texas home loans is now quick and easy with Texas mortgage loan services available online. Using a network of over fifty approved lenders we can help match you with the best loan option that is tailor fitted to your needs. Our network of mortgage brokers allows us to find the lowest Texas home financing rates and fee combination for your home loan. This procedure is an integrated loan process with local mortgage broker companies to automate home loan shopping.