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Despite our repeated attempts to contact our lender to get help to reduce the interest rate and make our mortgage easier to afford they refusing to do the same because our mortgage is not guaranteed by Fannie Mae or Freddie Mac Our loan is Lenders don t have to help out

Eurozone finance ministers early yesterday set the stage for further tough negotiations with private bondholders over how to cut Greece s mive debt pile by setting a low limit on the interest rate the country will pay on new lower valued bonds Eurozone bondholders clash on Greek rate limit

As for the rest in a normal interest rate environment this would be onerous But with interest rates as low as they there s no way for MMFs to absorb the hit by offering a lower return it looks to me as if the interest rate would probably have to be negative Will the Government Put Money Market Funds Out of Business

But that is what happened today at City Council when Uplift Education walked in for the city s approval of an Education Finance Corp an innovative funding mechanism to allow the charter school pany to get an interest rate break on the bonds they issue When misrmation clouds an innovative educational idea

9 mill but extend it for five years to refinance bonds at a lower interest rate and raise 19 million for more materials and construction projects including branch libraries and archive space The Ethics Commission will seek a law clarification Library promises openness

Wele to interestrate Archives January 2012 2 December 2011 3 July 2011 5 June 2011 2 May 2011 15 Interest Rate

Only current paid up full year subscribers can access the latest issue and view and download from the archives which go back to 1983 at no additional fee Grant s Interest Rate Observer

Archives January 2012 2 December 2011 3 July 2011 5 June 2011 2 May 2011 15 Exchange Market Moary Policy Management Foreign Exchange Management interestrate Problems with the Nigerian Exchange Rate System