Financial News Of The Day

It’s always a good idea to keep on top of the financial news of the day. Even if you are sinking in debt, watch rates and maybe a refinance will help you get a fresh start.

SEC eyeing risks to brokers from conduits
Reuters - Commercial and investment banks globally have packaged billions of dollars of debt into vehicles that sell short-term bonds to investors. But if investors stop buying the short-term debt, banks may have to step in to essentially buy back assets from

AP Business NewsBrief at 4:14 p.m. EDT
CNBC - Bond prices soared as investors again sought the safety of government debt. The yield on the 10-year Treasury note, which moves inversely to its price, fell to 4.47 percent from 4.55 percent late Tuesday. Apple Cuts iPhone Price, Updates iPods news

Refinance.com Introduces 24 Hour Hotline for FHA Advice
Forbes - Increase the maximum Debt To Income ratio (DTI) “It seems to be contrary to the ‘American Dream’ to be saying these people never should have had a home loan in the first place. The fact is that they have a home loan and more importantly, they have