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All Tags » federal reserve » gary stern » recession (

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Fed's Stern Says 1990s Recession Offers Valuable Guide to Current Turmoil

The current economic turmoil is comparable to the early 1990s , which can be a valuable guide to understanding what's next as the U.S. economy seeks to rebound into healthy growth, according to one Fed official on Thursday. Minneapolis Fed President Gary Stern , a voter on the FOMC who is known to tilt...

Posted to MND NewsWire by Glenn Setzer on Thu, Aug 14 2008
Filed under: Filed under: Federal Reserve, recession, gary stern

Page 1 of 1 (1 items)

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Mortgage Rates:

30 Yr FRM 3.88%
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15 Yr FRM 3.25%
|
Jumbo 30 Year Fixed 4.14%

MBS Prices:

30YR FNMA 4.5 106-20 (-0-06)
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30YR FNMA 5.0 108-01 (-0-05)
|
30YR FNMA 5.5 108-30 (-0-03)

Recent Housing Data:

Mortgage Apps -1.01%
|
Refinance Index 0.83%
|
NAHB Builder Confidence 16.00%

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Browse Blog Posts by Tags

Fed's Stern Says 1990s Recession Offers Valuable Guide to Current Turmoil

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