Finance counsels

The federal government and several large mortgage lenders have a plan to freeze loan rates for certain subprime borrowers. The Wall Street Journal writes that ‘The Bush administration and major financial institutions are close to agreeing on a plan that would temporarily freeze interest rates on certain troubled subprime home loans.”
Among the financial institution […]

Filed under: business, finance, loans, money by Guru
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Canadians are passionate about their plastic money but still love the feel of cold, hard cash, according to a report from the Bank of Canada.
More than a decade after speculating that Canada was becoming a “cashless society,” the central bank says demand for banknotes continues to grow in this country. And that’s got the bank […]

Filed under: bank, business, money, news by Guru
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