Word: loan
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
Interest rates are on the rise, and if you are holding a variable-rate loan or need to borrow now, you may well ask why. You will not be happy with the answer. Wall Street, of course, is ground zero, but don't go looking for logic there. All you'll find is a bunch of paranoid bond traders with more worries than a Woody Allen character. It is these traders who have decided that the prices you pay for gas, Wheaties and SUVs are about to start shooting higher, and so they are selling bonds--driving up bond yields...
...sideline cash into stocks or bonds, both of which will benefit if rates stabilize or head lower. If you can put off borrowing money, do so. If not, the risk is that rates keep moving up, in which case stocks and bonds are vulnerable and your loan gets even more expensive. Rising rates smack growth stocks the hardest. So one hedge is to shift from stocks that typically trade at 30 to 70 times earnings (many tech stocks) to value stocks trading at far lower multiples. Those include small companies and dividend payers like utilities and real estate investment trusts...
...broker is supposed to be working for you, sifting the best deal from among lenders. But a new government report warns that many brokers, who handle half of all mortgages, have undisclosed agreements with lenders, letting them make money on top of the $1,000 to $3,000 per loan that borrowers typically ante up. Ask about such deals before you pay any fee. Also, that fee shouldn't go up just because rates...
...drama began when Dr. John White Webster borrowed some money from Dr. George Parkman, both HMS professors. Webster offered Parkman a mortgage on his personal property, which included a precious mineral collection, as collateral for the loan, but conveniently did not tell Parkman that he was using the collection to back another debt. When Parkman learned of the situation, he decided he had to hit up Webster for a payback. But soon after he began his pursuit, Parkman disappeared...
...drama began when Dr. John White Webster borrowed some money from Dr. George Parkman, both HMS professors. Webster offered Parkman a mortagage on his personal property, which included a precious mineral collection, as collateral for the loan, but conveniently did not tell Parkman that he was using the collection to back another debt. When Parkman learned of the situation, he decided he had to hit up Webster for a payback. But soon after he began his pursuit, Parkman disappeared...