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Money and Monetary Policy

A collection of news and information related to Money and Monetary Policy published by this site and its partners.

Top Money and Monetary Policy Articles

Displaying items 23-33
  • Rising Orlando home prices chip away at affordability

    Rising Orlando home prices chip away at affordability
    Orlando remains one of the nation's more affordable housing markets, but the pinch of rising home prices on incomes is evident in a new study released Thursday. Orlando-area home buyers in May spent 17 to 20 percent of their earnings on house payments,...
  • Rising prices push new-home buyers into Lake, Osceola counties

    Rising prices push new-home buyers into Lake, Osceola counties
    Rising prices, stagnant wages and creeping interest rates are pushing Central Florida's new-home buyers into Lake and Osceola counties, where real estate struggled the most during the downturn. After home prices collapsed starting in 2007, partly...
  • Many Americans are still struggling financially

     Many Americans are still struggling financially
     Four in 10 U.S. households are straining financially five years after the Great Recession — many struggling with tight credit, soaring education debt and profound issues related to savings and retirement, according to a new Federal Reserve survey....
  • Millions to get break in new credit score calculation

    Millions to get break in new credit score calculation
    The formula for calculating the most widely used credit scores will soon change to lessen the impact of bad medical debts and ignore old unpaid debts of any type that are later paid off. Over time, the move is likely to raise some credit scores and...
  • Should Seniors Buy A House With A HECM Reverse Mortgage?

    Many home purchasers are seniors. Some become homeowners for the first time, but most have been and want to remain homeowners. They just don't want to remain in their current house. They may want a house that has no stairs, or one that is closer to family...
  • New FICO criteria could help borrowers

    The nation's dominant credit-scoring system is being revised in a way that could save consumers nationwide billions of dollars, especially in qualifying for mortgages, auto loans and credit cards at lower interest rates. The changes to FICO criteria are...
  • July's job growth strong but below expectations

    July's job growth strong but below expectations
    The labor market extended its best streak since the late 1990s, posting solid job growth last month that lured more people back into the workforce. The 209,000 net new jobs were below analyst expectations and a sharp falloff from June's robust 298,000...
  • Impac Mortgage rolls out loans with easier qualifying terms

    An Irvine mortgage company that pulled the plug on its higher-risk loans a year before the Great Recession has launched an array of rule-bending home loans nationwide — a sign of a thaw in tightfisted lending standards in place since the housing...
  • CME to buy GFI Group for energy and FX units

    CME to buy GFI Group for energy and FX units
    CME Group Inc, the world's largest futures exchange operator, will buy derivatives broker GFI Group Inc to expand its reach in the European energy and global foreign exchange markets, CME said on Wednesday. CME, owner of the Chicago Board of Trade and...
  • Fed stays course on policy but acknowledges rising inflation

    Fed stays course on policy but acknowledges rising inflation
    Despite the economic rebound and sharp drop in the unemployment rate recently, Federal Reserve officials still see considerable weakness in the labor market and remain very cautious about moving away from their easy-money policy. The Fed, in a statement...
  • A new housing bubble?

    A new housing bubble?
    Even though the recent financial crisis is barely in the rearview mirror, risk is starting to build once again in both the U.S. mortgage and housing markets. Contrary to the prevailing view that only borrowers with pristine credit records can get a...