The health of our economy

The stock has fallen by over 300 points based on fears of lending reports that are expected to worse than previously thought and the foreclosure rates are still climbing. The mortgage industry has received a black over the last year in part due to the sub-prime lenders who took advantage of unsuspecting customers. The key items to remember when financing anything is always stay within your means and look for the long term effects of the rate instead of a low rate today.

June 11 2008 10:39 am | Consumer News

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