Friday
Jan182008
Fed Chairman Ben Bernanke says the 2008 economy will be weak
Friday, January 18, 2008 at 1:30AMChairman of the Federal Reserve Ben Bernanke, testifying before the House Budget Committee, responds to a question by committee chairman Rep. John Spratt (D-SC) by saying that the economy has "softened" and that the prospects for 2008 are not as good as 2007.
Reader Comments (1)
Hello,
I would like to ask a question in regards to Ben Bernanke’s bailout program that he is offering. I would like to know how that is helpful to home-owners who have excellent credit and still are unable to refinance the home due to the declining market prices. Especially in California, the home values are declining tremendously I have a home that needs to be refinanced but I cannot seem to get 100% financing from any lender. Could you please give me some feedback on what I could do and lower my payment?
I look forward to your reply.
Best Regards,
Jenny