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Loan Rates and Applications Dip

Posted September 14, 2009 – 4:15 pm in: Financial

Cited: NewsDaily

An industry group reported that US mortgage applications slid the last week of August even though mortgage rates edged lower. Even requests for loans to buy homes declined for the first time since July. The applications index fell by a seasonal adjustment of 2.2% as the demand for both purchase and refinance loans slipped [...]

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Retirement Pensions Disapear - Now What?

Posted April 17, 2009 – 6:01 pm in: Business

According to an article in the April 27, 2009 Business Week magazine there has been a loss of $1.3 trillion from the investments of public pension funds. This affects the retirement security for 22 million teachers, firefighters, police officers, and their survivors. Now some fund managers believe that they have the answer in the government’s [...]

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