From the monthly archives:

September 2008

No Change for Rates says Fed

by Paul Mobley on September 16, 2008

The Fed failed to take action and liquidity concerns appear to have pushed up the mortgage rates today. Rates increased about 1/8% this afternoon after the announcement compared to what was available this morning. They’re trying to balance the need to stimulate the economy with the side-effects of higher inflation. With all the problems in [...]

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Macro vs. Micro

by Paul Mobley on September 10, 2008

There is a lot of talk these days about the economy being in a “down-turn”. However, this may or maynot impact you directly. The reality is that the macroeconomic trends might not match with your microeconomic situation. One example that is in the news right now is the company that makes Sarah Palin’s glasses. They’ve [...]

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