September, 2009

Narayana Kocherlakota | National Financial News Roundup

Minneapolis Fed gets new head After 24 years on the job, Federal Reserve Bank of Minneapolis president Gary Stern retired last month. Today it was announced that Narayana Kocherlakota will  be his replacement, taking over the position immediately. He will become voting member of the Federal Open Market Committee in 2011. Narayana Kocherlakota, 45, is an economics ...

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Pros and Cons: 30-Year Mortgage vs. 15-Year Mortgage

This post is from GRS staff writer April Dykman. My husband and I are in the early stages of building a house. As we modify our floor plans, the amount we’ll need to borrow to build is on our minds. It’s probably going to be the most expensive thing we’ll ever purchase, and we need to ...

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Life can bring you down sometimes

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Job-Security Fears Rattle Consumer Confidence

The index had enjoyed a three-month climb since hitting a historic low in February of 25.3 but has been bumpy since June as rising unemployment has caught up with shoppers. It dipped to 53.1 in September, down from 54.5 the previous month.» E-Mail This     » Add to Del.icio.us Read more about Job-Security Fears Rattle Consumer Confidence...

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