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Subprime Woes: Are We Out of the Woods Yet?

In the last week, many encouraging signs have been on the economic radar: The Bush administration has stated that a consensus has been reached about the impending $145 billion economic stimulus package, the Federal Reserve has cut their most important interest rate by the largest margin in a quarter century, and bond insurers are to [...]

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Related Tags: mortgage, bailout, bush, fed, housing, interest rates, personal finance, recession, state, Subprime, tax relief

Breaking Down the Financial Breakdown

The stock market is gyrating like a yoyo, and with each down stroke it's heading lower. What's an investor to do? Let's start by dissecting the cause-it's not as simple as a slowdown in housing or defaults in the subprime market, and these are unrelated (for the most part) events.The housing market was [...]

Site Search Tags: economy, housing, interest rates, mortgage, personal finance
Related Tags: mortgage, bailout, bush, fed, housing, interest rates, personal finance, recession, state, Subprime, tax relief