C21AGVoices

The Federal Open Market Committee begins a 2-day meeting today in Washington D.C. It’s the group’s first meeting of 2011 — one of 8 scheduled for the year.

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The 2010 housing market finished on a tear, and that momentum is carrying forward into 2011. Expect the spring season to show strongly, and for home prices to be on the rise.

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According to the Census Bureau’s report, Housing Starts of single-family homes fell to 417,000 units on a seasonally-adjusted, annual basis. The figure marks a 9 percent drop-off from November, and is the lowest reading since May 2009.

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When your CDs, DVDs and game discs are “skipping”, most times, a simple cleaning will set them right. Make sure you clean your discs properly, though. Clean them the wrong way and you could damage your discs forever. You might also cause your electronic devices permanent damage.

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Today, the Federal Open Market Committee voted 10-to-0 to leave the Fed Funds Rate unchanged within in its target range of 0.000-0.250 percent. Mortgage rates are reacting.

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According to the Federal Reserve, a credit card balance of $5,000 at 23.99 percent APR won’t pay off for 16,127 years. That’s one reason why it’s important to manage your credit card rates, and renegotiate them whenever possible. Here’s how to do that.

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Homebuilder confidence held firm for the second straight month this month, according to the National Association of Home Builders.

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According to the National Association of REALTORS®, seasonally-adjusted, annualized Existing Home Sales figures climbed by more than a half-million units in December as compared to November. It’s the 3rd straight month of home resale improvement nationwide.

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Home remodeling projects can add function to a home, but don’t always add value. Consider the latest report from Remodeling Magazine.

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For this month — and for the rest of 2011– employment data will figure big in mortgage markets and for home affordability. Last week’s release is the first big splash.

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