Archive for June, 2009
Are TARP Repaying Banks Good Investments
Posted by: | CommentsWhether or not now is a good time to invest in banks that are repaying their US government bailout dollars to the Treasury is an easy analysis to make, but a tricky question to answer. Which among banking stocks like JP Morgan ( JPM ), Goldman Sachs ( GS), Bank of New York / Mellon ( BK ), and Wells Fargo ( WFC ) are good stock market investments in this economic environment? For those large... Read more→
ARM Interest Rates Adjusting Soon May Be Good News For Homeowners
Posted by: | CommentsThis is part 2 of the series, the first part is: Not Time to Refinance Your Home Future Interest Rates With Adjustable Rate Mortgages or ARM Right about now, when you are starting to feel better, someone will throw in your face the fact that even if your rate is good, IT COULD GO UP AT ANYTIME. That, is the second thing that is different. Mortgage companies and customers found that changing... Read more→
Time To NOT Refinance Your Mortgage
Posted by: | CommentsThe world of adjustable-rate mortgages isn’t very old when it comes to the general population. Sure, the product has been around for a long time, but it wasn’t until late in the 1990s that it turned into the kind of thing your average neighbor would have. That lack of age also means a lack of experience. So when media outlets start reporting about “Black Wednesday” when... Read more→