30 Jan
With economic data coming out this week showing slower growth with 2.2% growth in the fourth quarter of 2007, foreclosure rates up by 79%, the Federal Reserve has acted and dropped the Fed Funds Rate by .50% to 3.0%
We will update you with a new graph of rates and a commentary. But now what is […]
Posted in 2008 Stimulus Package, Federal Reserve, Mortgage, Personal Finance, Real Estate, Recession, SubprimeMortgages by: Leading Rich
1 Comment
29 Jan
As usual with Congress, the 2008 Stimulus package with the great tax rebate is now falling into the hands of Congress.
This means that every member of the House and Senate are trying to add their own agenda to the package. This includes trying to appeal to seniors who may not have received anything as […]
Posted in 2008 Stimulus Package, Economy, Federal Reserve, Mortgage, Personal Finance, Real Estate, Recession, SubprimeMortgages, Taxes by: Leading Rich
1 Comment
24 Jan
It has not passed through all the hoops yet, but it appears that Congress is ready to push forward with the 2008 stimulus package which will provide much needed help to all working Americans. Details as follows:
Individual Tax Payers
Income less than $75,000 per year and pay income taxes would get $600
Income up to $87,000 per year and […]
Posted in Citibank, Economy, Federal Reserve, Mortgage, Personal Finance, Real Estate, Recession, SubprimeMortgages by: Leading Rich
2 Comments