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Friday, October 23, 2009

US home sales rise 9.4 percent in September

WASHINGTON -- U.S. home resales rose far more than expected last month to the highest level in more than two years as buyers scrambled to complete their purchases before a tax credit for first-time owners expires.

Source:Associated Press
US home sales rise 9.4 percent in SeptemberBy ALAN ZIBEL , 10.23.09, 10:05 AM EDT

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Monday, August 31, 2009

How Much Debt Is Too Much?

Shouldn't borrow what you can't pay back--that's how we got into this whole economic mess in the first place. But figuring out how much debt you can take on--or, put another way, how much a lender is willing to extend (for they may not be the same thing)--is a bit tricky.

Source: Dileep Rao, Ph.D., 08.28.09, 04:56 PM EDT, forbes.com
http://www.forbes.com/2009/08/28/interest-coverage-ratios-entrepreneurs-finance-dileep.html

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