When Should The Fed Start to Raise Rates?

December 15, 2009

ShareAccording to an article by Chris Isidore of CNNMoney.com, a vast majority of economists expect that the United States Federal Reserve will keep its overnight lending rate – to which many home equity and credit cards interest rates are tied – near 0% through 2010 and into 2011.
Obviously, this is great news for those of [...]

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I.O.U.S.A. Movie Review

August 23, 2008

ShareI just got back from seeing I.O.U.S.A. — and it was certainly a very eye opening experience. Done in the same vein as documentaries like An Inconvenient Truth and Who Killed the Electric Car?, I.O.U.S.A. takes a hard look at United States’ current Federal deficit and spending problems, discusses how we got into this [...]

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The Recession – Short Term Pain, Long Term Gain?

August 10, 2008

ShareHere’s the bad news: this recession – yes, we are in a recession – is going to last a long time and will likely lead to a great deal of pain in the short-term. But, there is some good news: the long term changes and gains brought about by this recession are going to [...]

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If You Need to Refinance, The Sooner You Do It, The Better

January 6, 2008

ShareMany Americans who have adjustable rate mortgages (ARMs) are facing the harsh reality that when their mortgage rate resets, they will have a higher monthly payment on a property that will likely be valued less than what it is today.
Unfortunately, some of these home owners with ARMs are too far upside down in the loan [...]

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Higher Food Prices May End Up Being A Blessing In Disguise

December 23, 2007

ShareHave you noticed that your grocery bill has gotten more and more expensive over the last couple of months? Turns out you’re not alone.
I think that while in the short term this is going to hurt a lot of people financially (last time I checked, we do have to eat, so we’re probably going [...]

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