Tag: mortgage
What Should You Do With Real Estate?
Every day we’re hearing a few more details about the Government’s $700 billion rescue package for the banks. Last week, instead of buying up the toxic debt held by banks, Treasury Secretary Paulson did an about-face. He rounded up the heads of our largest banks in America and forced them to take a Government capital […]
Federal Reserve Creates Term Securities Lending Facility – Market Rallies
Yesterday the Dow Jones Industrial Average gained more than 400 points. It was truly amazing! I normally don’t encourage people to watch the market minute by minute, but yesterday’s rally was something to behold. Everything on the screen was green. Why the rally? News came out yesterday of a novel way for the Federal Reserve […]
