Apr 24
Apr 24
Thanks to the subprime mess, and the huge losses in the housing market, banks have been more reluctant to lend money. Although I think the credit crunch is greatly exaggerated, if you want to get a loan, you need to be able to show that you are credit-worthy. One of the main things you can do to help your cause, is to take care of your FICO score. Here are some things you can do (and avoid doing) to rack up points.
Apr 24
Expectations for a pause in U.S. monetary policy were bolstered by an
article in Thursday’s Wall Street Journal, where noted Fed watcher Greg
Ip said, “The Federal Reserve is likely to cut its short-term interest
rate by a quarter of a percentage point next week — but then may be
ready for a breather.”
Apr 24
New home sales in the U.S. were down for the fifth
consecutive month in March, falling by 8.5% to 526k, much lower than the
580k level expected by economists, and setting a new low since
October 1991. Inventories soared from already-worrying
levels.