Word: kadilac
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...though, lenders, home buyers and builders were shaken by the sharpest mortgage-rate run-up in years. The interest-rate hike may prove to be temporary, but it caused a minor panic. "The rise was so sudden that most consumers are still dazed," says Eric Fessler, vice president of Kadilac Funding, a Long Island, N.Y., mortgage company...
People were frightened, and not just about stocks. Said Eric Fessler, a loan officer at Kadilac Funding, a mortgage and personal-finance institution in Carle Place, N.Y.: "I got flooded with so many calls I could not work. Half wanted to know whether interest rates will now shoot to the heavens. Another half wanted to know if the depression was coming...
| 1 |