Federal Reserve & Interest Rates With the real estate bubble having burst and the financial system in a tizzy over the attending fallout in the mortgage markets, bankers, investors, homeowners, and CEOs are calling on the Federal Reserve's Federal Open Market Committee (FOMC) to cut the federal funds rate in an effort to avert a financial meltdown. However, the Federal Reserve should see through these self-serving calls and...... Similar Editorial : Federal Resumes by Heather Eagar. | Source : Lost Premium Bonds
Self Insuring Property Owners In the aftermath of Hurricane Katrina, insurance premiums for property owners in vulnerable coastal regions skyrocketed. The Grand Strand was no exception, even though we have not had a major hurricane since Hurricane Hugo in 1989. Unfortunately, insurers were backed into a corner. Massive losses on Katrina claims changed the risk tolerance of many underwriters. At the same time, rising...... Similar Editorial : PC owners by Jamie Plenderleith. | Source : Rental Property Business
