Tag Archives: risks

OECD: America risks a crisis unless it raises interest rates

OECD: America risks a crisis unless it raises interest rates America runs the risk of a crisis unless it raises interest rates and lays out a plan to cut its deficit by the end of the year, a leading economic think-tank has warned. Read more on AFP Telegraph Finance News via Yahoo! UK & Ireland [...]

Posted in News | Also tagged , , , , , , | Leave a comment

Reverse Mortgages Sound Good But Could Have Hidden Risks

Reverse Mortgages Sound Good But Could Have Hidden Risks Reverse mortgages are becoming more popular among baby boomers these days. A decade ago, reverse mortgages were something only widowed or single women in their 70s would get into, but as boomers today are experiencing losses to their retirement savings, this Read more on ThirdAge

Posted in News | Also tagged , , , , , | Leave a comment

IMF says U.S. recovering but sees unemployment, housing risks

IMF says U.S. recovering but sees unemployment, housing risks High unemployment and a moribund housing market are constraining the U.S. economic recovery, while the public debt looms large on the horizon and needs to be addressed, the International Monetary Fund said on Thursday. Read more on Reuters via Yahoo! News

Posted in News | Also tagged , , , , , | Leave a comment

Banks honor government July 1 ban on foreign-currency-based mortgages, but note risks

Banks honor government July 1 ban on foreign-currency-based mortgages, but note risks Major banks in Hungary on Thursday suspended receipt of new applications for foreign-currency-denominated mortgages in accord with a recent government decision to prohibit such mortgages effective July 1. Read more on Budapest Business Journal

Posted in News | Also tagged , , , , , , | Leave a comment