/fed-busy-lowering-rates-over-the-weekend/ A premier personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Sat, 26 May 2012 03:47:27 +0000 hourly 1 http://wordpress.org/?v=3.3.1 /fed-busy-lowering-rates-over-the-weekend/comment-page-1/#comment-140112 John Mon, 17 Mar 2008 13:12:25 +0000 http://www.consumerismcommentary.com/2008/03/17/fed-busy-lowering-rates-over-the-weekend/#comment-140112 and the message to people in foreclosure or nearing foreclosure is "we can't help you for taking out more then you can afford." Some of the borrowers probably were working the system. But the majority just wanted a home and probably didn't know what types of loans they were being given. The banks definitely knew what they were doing and taking extraordinary risks with people's money. and the message to people in foreclosure or nearing foreclosure is “we can’t help you for taking out more then you can afford.” Some of the borrowers probably were working the system. But the majority just wanted a home and probably didn’t know what types of loans they were being given. The banks definitely knew what they were doing and taking extraordinary risks with people’s money.

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