A friend of mine, Ashish Das, forwarded this to me. A very nice comical primer on what the subprime mess is about. There has been a lot of noise on this issue and for good reason so here goes. Let me know what you folks out there think. BTW, we are now officialy [...]
June 16th, 2008 | rp | Comments | ContinuedPersonal Finance
Fixed rate mortgages steady, Adjustable Rate’s fall
Bankrate.com reported today that Fixed rate mortage were mostly unchanged this week. The average conforming 30-year fixed mortgage rate backtracked to 6.13 percent, according to their weekly national survey of large lenders. The average 15-year fixed rate mortgage popular for refinancing was unchanged at 5.71 percent, while the average jumbo 30-year fixed [...]
May 9th, 2008 | rp | Comments | Continued
Geezeo says Booyah!
Geezeo, a free web based personal financial applications company, announced that TheStreet.com (TSCM ) had made a strategic investment in the company.
TheStreet.com’s investment in Geezeo includes an initial investment of $1.2 million for an approximate 13% interest in Geezeo and the [...]
Worried about credit fraud - Here’s what to do
I recently got a letter from my ex-employer stating that the company offices had been broken into. Some laptops were stolen and ex-employee accounts may have been compromised. Being a first time experience with something like this, I was naturally worried about someone using my private information for credit fraud purposes and so i started [...]
April 20th, 2008 | rp | Comments | Continued
