Fed keep short-term key rates the same - 06/25/08 02:11 PM
Federal Chairman Ben Bernanke and Central Bank end a nine-month rate slashing and keep the current federal short-term key rate at 2%. With on going concerns of inflation the Fed's majority voted to keep the key rate the same with only Dallas Federal Reserve Bank president Richard Fisher voted for a rate hike at the meeting. Rising cost of oil and other goods still place a strain on our current economy, but oil dropped almost $3 this afternoon after an unexpected announcement of oil surplus. You can read more here. Reading this lead me to remember an article on CNNMoney in the Fortune … (2 comments)

Understand The Credit Scoring System - 06/09/08 10:56 AM
Gain a better understanding of the factors
that determine your eligibility for a loan.
The importance of financial responsibility is oftentimes overlooked in a materialistic nation comprised of excessive credit card offers, stretched lines of credit and the weakening dollar. In order to boost financial responsibility and provide more accurate information to credit bureaus, the company that calculates FICO scores has introduced a revamped credit scoring system. Many consumers will benefit, but others may face higher interest rates which may affect their monthly mortgage payments. Become one step closer to financial confidence by gaining a true understanding of the factors that … (0 comments)

 
Joshua Lerette FHA VA Mortgages FHA VA Mortgage Loan Specialist (FL, OH, TX, WA FHA VA Mortgages)

Joshua Lerette FHA VA Mortgages FHA VA Mortgage Loan Specialist

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