Homebuying: Lies planners will tell you
Story date: 2007-10-10 10:21:00
Added on: 2007-10-10 11:25:34
CNN Money - The key reason: The interest rate you can get on your savings is usually lower than the rate you pay for a mortgage (that's how banks make money, after all). These days, someone taking out a mortgage might pay 6.5 percent. But he might get only 4.5 ...
Read more...
Related Stories:
-
Six common money dilemmas solved
MSNBC - Six common money dilemmas solved Pay mortgage or invest? Buy a car or lease? ‘Money ... off credit-card debt, you...
2008-01-07 10:20:00 -
What is a money auction?
BBC UK News - The Bank of England is doing it and it's not the only one. So is the US Federal...
2007-12-18 04:10:00 -
Money strategies following Fed rate cuts (CNN Money)
The Federal Reserve cut rates by half a percentage point yesterday. That's good news for consumers. We're here with top tips on...
2008-01-31 10:30:43 -
Critics call for ECB rate cut
BusinessWeek - The bank succeeded in driving down short-term money-market interest rates with its bold moves. While the ECB has won plaudits...
2007-12-20 11:24:00
