Archive for January 9th, 2007

Recession, foreign debt seen as wild cards for ‘07 recovery

Tuesday, January 9th, 2007

Mortgage rates could go up even if Fed slashes short-term rates

Housing and finance experts say lower interest rates and a healthy economy could help housing markets rebound in 2007.
 
But there’s no guarantee that a surge in oil prices or another unexpected jolt to the economy won’t send the country into a recession, with long-term interest rates soaring even as the Federal Reserve cuts short-term rates to encourage borrowing.

Borrowers eye benefits of FHA home loans

Tuesday, January 9th, 2007
January 2007
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