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Tag Archives: bonds

Marianne D. Fishler: Keep risk in mind when chasing high yields

On March 13, Federal Reserve Chairman Ben Bernanke reiterated the Federal Open Market Committee’s intention to keep interest rates low through 2014. This is welcome news for mortgage borrowers or those invested in equities, as investors may decide to move ...

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No new action expected as Fed weighs job gains

WASHINGTON — Since the Federal Reserve’s policymakers last met in January, the job market has shown more muscle. Employers have hired more than a half million people. The unemployment rate is down. The core issue the policymakers face when they ...

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Rate on 30-year mortgage drops to record 3.89 pct.

WASHINGTON — Fixed mortgage rates fell once again to a record low, offering a great opportunity for those who can afford to buy or refinance homes. But few are able to take advantage of the historic rates. Freddie Mac said ...

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Vote to increase borrowing angers Franchot

ANNAPOLIS — A state debt committee has voted to increase Maryland’s borrowing by $150 million next year to almost $1.1 billion, and the decision has left Comptroller Peter Franchot steaming. “One week we are taking in less money, and the ...

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Baltimore finds funds for EBDI TIF

Baltimore finance officials have drained nearly half a million dollars from a special account to help cover the $1.4 million repayment due this month on $78 million in tax increment financing bonds issued for the struggling East Baltimore Development Inc. ...

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