January 23, 2008
Today’s Bible Verse on money comes from 1 Timothy:
“People who want to get rich fall into temptation and a trap and into many foolish and harmful desires that plunge men into ruin and destruction. For the love of money is a root of all kinds of evil. Some people, eager for money, have wandered from [...]
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January 23, 2008
An article in the Washington Post this past weekend talks about how the number of people refinancing their mortgages right now are high since the interest rates are at their lowest for quite some time.
Lower Rates, Coming Resets: An Opening For Refinancing: “Is it a refi renaissance? Or a fast-closing window of opportunity?
Nobody can say [...]
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Fed Cuts Interest Rate Amid Global Stock Sell-Off And Fears Of Recession
January 22, 2008Fed cuts interest rate:
The Federal Reserve unexpectedly slashed a key interest rate by a bold three-fourths of a percentage point on Tuesday, responding to a global plunge in stock markets that heightened concerns about a recession. The Fed signaled that further rate cuts were likely.
Does anyone think this is actually going to help?