By vanko on December 5, 2009
The average student who graduates from university will find it hard to make repayments for their student loan. Unless you win the lottery or have rich parents you won’t be able to celebrate your financial freedom just yet. But there is a way out for students with high repayments.
A standard federal student loan is easily [...]
Posted in Develop Your Skill | Tagged benefits, federal, Loans, of, student, the
By vanko on September 18, 2009
As the sub prime mortgage debacle continues to play out across the United States, the Federal Reserve has opted to cut interest rates by half a percentage point, from 5.25. This cut makes all loans relatively cheaper, thereby encouraging a pantheon of economic activity to increase, hopefully in the troubled housing market.
Such tactics have [...]
Posted in Develop Your Skill | Tagged cut, enough, federal, interest, is, Mortgage, prime, rate, stabilize, sub, the, to, woes
By vanko on August 16, 2009
The Federal Reserve cut interest rates on Dec. 11th on hopes that the credit crisis would be tempered from 4.5% to 4.25%. Markets were on the upswing up until the cut was announced because many investors were under the impression that the central bank, under pressure from all sectors of the economy especially real estate, [...]
Posted in Develop Your Skill | Tagged another, attempt, bolster, cut, estate, federal, latest, market, rate, real, the, to