Tag Archives: Interest Payments

Record Low Mortgage Rates Don’t Matter

Mortgage rates hit yet another record low this week, 4.09 percent on the 30-year fixed, according to Freddie Mac. This will only fuel President Obama’s recent proposal to refinance more Americans into these lower market rates. Government-run Freddie Mac seems … Continue reading

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Execs rebut Ponzi claims

Months before federal regulators accused them of running a Ponzi-like scheme, executives at Denver-based St. Anselm Exploration said in a letter that they used money from new investors to pay interest on old debt. Officials of the oil and gas … Continue reading

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