Word: mortgagee
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Treasury notes fell, mortgage rates followed, and the housing boom was on
Need some fast cash? Deepgreen Bank will wire you as much as $25,000 in 20 minutes. In the market for a mortgage? Everbank will shell out $300 if you find a competitor with lower rates. Savings account? ING Direct offers 4.75% interest--no fees or minimum balance required. All...
The housing market has saved us all. Greenspan again credited the go-go housing market with providing consumers with the rosy outlook - and, with mortgage refinancing hitting record highs all spring, the ready cash - that has carried consumer spending through these bumpy times. It's thanks to housing, he told...
2. Inflation is still far, far away: "There has been little, if any, acceleration in the index of core personal consumption expenditure prices, which we consider to be a more reliable measure of inflation" (than the risen CPI number released just that morning). More bond-market jawboning - those long-term...
--Living beyond your means. Too many of us love to buy now and pay later. Metropolitan Life estimates younger boomers have amassed personal debt equal to 95% of their income. Between paying off the mortgage and saving for the kids' education, there's little extra cash to put away for...