FHFA: Home Prices Rise 0.30 Percent in January

The Federal Housing Finance Agency (FHFA) reported that home prices rose by a seasonally-adjusted rate of 0.30 percent in January, and were 5.10 percent higher as compared to home prices in January 2014. FHFA oversees Fannie Mae and Freddie Mac and its home price report is based on sales of homes financed by mortgages owned or backed by Fannie Mae and Freddie Mac.

How Safe is Your Home from a Fire? Learn How to Run a Quick Fire Safety Assessment

A fire can rage through your home at a moment’s notice, and it can cause a significant amount of damage in a very short period of time. Damage from the flames, intense heat, smoke and soot can cause tens of thousands of dollars or more in some cases, and a severe fire event can result in a total loss for the homeowner.

FOMC Statement: Federal Reserve Discusses Rate Increase, but Concerned About Growth

The post-meeting statement of the Federal Reserve’s Federal Open Market Committee indicated that while the Fed is considering raising its target rate as early as June, the agency is in no hurry to cast anything in cement. The statement cited stronger labor markets and low unemployment rates as encouraging, but noted that FOMC members remain concerned about economic growth due to low inflation failing to meet the FOMC goal of two percent.