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Congress Passes the $700 B Bailout bill

By financeblogger

Congress finally got a Bailout bill passed. It is no longer the 3 page proposal from the president. It is now a Book full of pork and sweeteners but at least we got something done for a change. It should begin to ease the credit crunch and ease the fears in the world economic markets!! More information will follow this weekend.Lending should improve and  rates for mortgages, reverse Mortgages and auto, and business loans should get easier to get and rates should decrease a little bit.

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This entry was posted on October 4, 2008 at 4:27 am and is filed under Finace, Money, Reverse Mortgage. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “Congress Passes the $700 B Bailout bill”

  1. Congress Passes the $700 B Bailout bill Says:
    October 5, 2008 at 5:54 pm

    [...] Read the rest of this great post here [...]

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