Rate Cuts
Monthly Round Up for February
Every month we will gather up some of our most well received posts and quotes, in case they were missed as well as to give some financial highlights to consider for the month ahead. We will also discuss some of our sites traffic activity.
We had quite a successful first month! We had well over 3,550 visitors this [...]
Don’t Overdo Home Renovations in a Down Market
HGTV will inspire you to add granite countertops, install top of the line stainless steel appliances, and overhaul you bathrooms, however, now more than ever, this may be a bad idea. The subprime lending crisis continues to drag down housing prices no matter how gorgeous your newly remodeled kitchen is. According to the National Association [...]
How Do the Federal Interest Rate Cuts Affect My Student Loans
Yesterday we discussed whether the recent action by the Federal Reserve to cut interest rates represents an opportunity for homebuyers to save money by refinancing their homes. Today, we will discuss what the rate cuts mean to your student loans. Unfortunately, after doing some research, we have found that how banks determine the rate [...]
The Federal Reserve Interest Rate Cuts and Home Refinancing
At the request of a Milk Your Money subscriber, we are doing a two part series on the pros and cons of refinancing your loans in light of the Federal Reserves recent interest rate cuts. Today, we will focus on refinancing your home loan. Should you take advantage of the rate cuts and refinance [...]
Bush Administration’s Next Rescue Plan: Project Lifeline
As we all know by now, this country is in a rapidly increasing downward spiral in real estate, credit and mortgage lending. About a week after Bush released the economic stimulus plan, he and six large mortgage lenders unveiled a plan to come to the rescue of a majority of foreclosing families. The question [...]
