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Second Mortgage Articles

Beware of Predatory Lending

Shockingly, federal law does not define predatory lending. When it comes to protection from abusive lenders, don't count on your good old Uncle Sam for help. Nope. You're own your own in that department. It's you versus the mega-bankers in the dog-eat-dog financial arena. Sadly, in that environment with no protective rules, it's the big dog that almost always wins.

The best way not to lose that fight is to get informed. Know the big dog's tactics and protect yourself from them in advance.  More>>>

US Dollar Resumes Decline, Higher Inflation and Interest Seen Ahead

The United States Dollar fell against most major foreign currencies again today. While that may be of absolute insignificance to most Americans, it certainly shouldn't be.

Domestic interest rates have a direct inverse correlation to the value of the currency. It works like this: the higher the value of the dollar, the more strong and stable the American currency is. This allows the American Dollar to purchase manufactured goods from around the world at low prices. When the value of that dollar falls, it costs more to purchase the same manufactured goods from  More>>>

 

 

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