Archive for August, 2007
The Psychology of Subprime Mortgages
Friday, August 10th, 2007“By most measures, sub-prime loans are a bad idea. Look, for example, at the popular 2/28 loan, which consists of a low, fixed-interest rate for the first two years and a much higher, adjustable rate for the next twenty-eight. Most people taking out a 2/28 loan can’t afford the higher interest rates that will hit later on. It’s not unusual for interest payments on a 2/28 loan to double within four years. (That’s why you’re seeing such high foreclosure rates in the sub-prime market.)”
Is Your Business Keeping Up With Technology?
Monday, August 6th, 2007Paying More, but Reaching Fewer Ears
Monday, August 6th, 2007‘Til Tech Do Us Part
Monday, August 6th, 2007Joint bank account? Check. Merging the MP3 collection? Hold on a minute. Couples are struggling with just how much to combine the digital aspects of their lives. Why spouses are bickering over shared email accounts and his-and-hers blogs.