Kate373 asked: My parents bought their home 4 years ago at a 4% rate, which is due to change next year when their loan rate. With the market crunch and the new strict lending that’s bound to occur as a result of this, they are worried about what refinancing has in store for them. The [...]
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Posted on April 12, 2009, 8:56 pm, by , under
Education.
moneyandsociety asked: Subprime the Musical- Series of light-hearted podcasts designed to explain the Subprime Mortgage Crisis. To learn more visit: www.subprimethemusical.wordpress.com E-mail: moneyandsociety@gmail.com In this podcast, I explain what credit rating agencies are and why debt ratings are so important. I also explain how credit ratings ended up screwing up in the mortgage market.Lydia