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Federal Reserve Beige Book on Real Estate

The Portland real estate market is a part of the Federal Reserve’s 12th District.  The Federal Reserve “Beige Book” on the current state of the economy was released on January 13th (it’s 59 pages).  There is a national …

Feds Cut Rate

For the first time since June 2003, the Federal Reserve cut the key interest rate tied to home mortgages by .5%. Too little too late? Not the Fed’s business? The cure? It sounds like we can expect at …

Should Government Aid Borrowers?

The Federal Reserve said they may lower rates at their next meeting to aid borrowers that are going through subprime woes. The George Bush, speaking at the White House, had similar comments that they might intervene. Both said …