Jacked Up Interest Rates
CBSNewsOnline The banking industry collects more than $15 billion a year in credit card penalty fees, a tenth of its revenue. President Obama wants new legislation to protect consumers. Anthony Mason reports.
Suze Orman gives advice on Adjustable Rate Mortgages
CNBCtv Is it time to refinance and get out of your ARM mortgage? Hear what Suze has to say…
US cuts interest rates after global market drop – 22 Jan 08
AlJazeeraEnglish The US treasury may have halted a global market dive some feared would cost billions of dollars. An interest rate cut as dramatic as 0.75% could make it easier for Americans to manage their mortgages and debt. But some business leaders say this action is too little, too late.
Dollar Collapse – Firms Which Underpin Trillions In Home Loans Implode – Bailout Equals Dollar Destruction
ArchaicRevivalx2012 Peter Schiff sees socialization of United States bubble economy will sink the Federal Reserve Note. US mortgage giants Fannie Mae and Freddie Mac are facing growing pressure as fears intensify about a potential calamity at the firms, which underpin trillions of dollars in home loans. Together they own or guarantee some US$5.2 trillion in [...]