Daily Archives: March 24, 2011

Mortgage rates rise despite crippled demand for housing

Mortgage interest rates are steadily climbing away from the near record lows that were recently observed, but home sales are staying low.
House

Debit card interchange fees force consumers to pay hefty tax

Debit card interchange fees banks charge merchants amount to an “invisible tax” everyone pays, says public policy consultant Richard Eskow.
Close-up on a Visa debit card.

Demand shrinking among businesses as durable goods prices rise

Durable goods orders have slipped during the past month, as lower demand and higher prices are taking a toll on the already fragile economy.
Copier

Payday loan APR Fees and How They Compare To Other Financing Rates

A fee of $32 on a $100 bounced check can have an APR as high as 2,336%. You would be surprised to see how other fees measure up.
A fee of $32 on a $100 bounced check can have an APR as high as 2,336%. You would be surprised to see how other fees measure up.

Investors considering medical marijuana IPOs

Medical marijuana and hydroponic supply companies are growing quickly, and two of the larger companies are considering offering public stock.
Hydroponic growth