Fed Cuts Interest Rates by 1/2 Point
The Federal Reserve on Wednesday cut a key interest rate for the second time in just over a week, reducing the federal funds rate by a half point. It signaled that further rate cuts were possible.
Confessions of a Mortgage Broker
Here’s what you need to know about how mortgage brokers really work: “When I have a client I really don’t like — he’s a pain in the ass — that’s when I charge as much as I can get out of them,” says Jack, a mortgage broker based in Southern California. Find out how mortgage brokers screw you and how you can fight back!
Arnold the “Governator” backs John McCAIN for President
“Schwarzenegger endorses John McCain…..”
“LOS ANGELES – California Gov. Arnold Schwarzenegger endorsed Sen. John McCain in the Republican presidential race on Thursday, praising him as an “extraordinary leader” who can cross party lines to make progress…”
Read the rest at MSNBC.com
John Edwards Drops Out
According to the report from MSNBC, “Democrat Edwards exits presidential race…” He has dropped out of the race for the Democratic nomination for President of the United States, but has not yet endorsed Barack Obama, or Hillary Clinton.
Read the rest here…