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Mortgage Rates Remain Low

September 27, 2011 By Alison Leave a Comment

Fixed-rate mortgages are holding steady among European debt market concerns, mixed housing data and a sputtering economy. Freddie Mac just released results of its Primary Mortgage Market Survey and found that the 30-year fixed rate remain unchanged at 4.09 percent. The 15-year rate dropped to 3.29 percent … [Read more...]

Filed Under: Debt Reduction, General, foreclosure

S&P May Slash Corporate Debt Securities

October 13, 2009 By admin Leave a Comment

In a recent announcement, it appears that Standard and Poor may downgrade approximately $578 billion in corporate debt securities. This comes after the group ran tests to evaluate its current ratings methods in light of how they would perform during severe economic declines. … [Read more...]

Filed Under: General

Morgan Stanley Will Not Issue More FDIC-Guaranteed Debt

July 9, 2009 By admin Leave a Comment

It seems that Morgan Stanley is planning to cease any new sales of FDIC-guaranteed debt, and declining a government subsidy following approval to repay $10 billion to the U.S. Treasury. … [Read more...]

Filed Under: General