Archive for the 'Finance' Category

Will the lower rates hurt boating?
Wednesday, September 19th, 2007

With the discount rate cut yesterday it shows how concerned the Fed is about the softening economy tied to the perception of shaky credit markets. The other “huge” factor I think is going to hurt boating is the falling home values in many parts of the country where people have tied purchases to what had been growing home equity. (Read More…)

Feeling Strapped?
Friday, August 24th, 2007

There’s been a lot of buzz in the news lately about the worldwide credit crunch, with reports coming in from the United States, Canada and Europe. Many blame lenders that offered teaser rates designed to entice those with spotty credit or no money for a downpayment. (Read More…)