Lending Landscape Thursday

Welcome to Homes Today's latest feature - Lending Landscape. There's a lot of media attention being paid towards home financing recently. Unfortunately, the mortgage and financial markets move so quickly, it's impossible to remain current on our TV program since we film in advance.

The Homes Today blog is the perfect solution!

Thursday's tend to be the day previous mortgage rates, unemployment and other home building statistics are announced on Wall Street. By Thursday afternoon, a pretty clear picture usually develops.

Of course, weeks like the one we just had were pretty full of action. The Federal Reserve decided to cut short term interest rates for the first time in four years and Congress voted to change FHA rules to enable first time home buyers more options when it comes to buying a home.

Over the months to come, we'll cover the mortgage lending landscape as well as answer frequently asked questions about financing new homes. Of course, if anything major develops before Thursday, we'll let you know in a special update. Feel free to leave a comment if you have a particular question you want answered.