The Conservative Cave

Current Events => Economics => Topic started by: RightCoast on August 05, 2011, 08:09:52 PM

Title: Down Grade
Post by: RightCoast on August 05, 2011, 08:09:52 PM

Thanks barack (http://www.washingtonpost.com/business/economy/sandp-considering-first-downgrade-of-us-credit-rating/2011/08/05/gIQAqKeIxI_print.html)

WaPo article

Title: Re: Down Grade
Post by: Ballygrl on August 05, 2011, 08:11:54 PM

Will interest rates being going up because of this? we're thinking about refinancing our mortgage because we were quoted a great rate and we have to set up an appt.

Title: Re: Down Grade
Post by: RightCoast on August 05, 2011, 08:15:22 PM

Quote from: Ballygrl on August 05, 2011, 08:11:54 PM

Will interest rates being going up because of this? we're thinking about refinancing our mortgage because we were quoted a great rate and we have to set up an appt.

Do it very fast, everything is going up because of this.

Title: Re: Down Grade
Post by: Ballygrl on August 05, 2011, 08:20:27 PM

Quote from: RightCoast on August 05, 2011, 08:15:22 PM

Do it very fast, everything is going up because of this.

Dammit! I knew we should've done this sooner.