Archive for September 1st, 2007
Bush Unveils Modest Mortgage Proposals
President Bush on Friday announced a set of modest proposals to deal with an alarming rise in mortgage defaults that have contributed to turbulent financial markets over recent weeks.
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Housing analysts said it was highly likely the limited steps Bush outlined will be expanded in coming weeks by a [...]
Posted: September 1st, 2007 under .
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Economists Abuzz on Interest Rates
Is the long wait coming to an end for borrowers who would like to see interest rates go down?
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The Federal Reserve hasn’t sliced a key interest rate — now at 5.25 percent — in four years.
Where the Fed is headed, at its next meeting on Sept. 18 and [...]
Posted: September 1st, 2007 under .
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