Articles About 30-year Mortgages

Author:
James I. Clark III
Posted:
12.21.2010

Low Interest Rates Are Hurting Banks, Pension Funds

The current ultra-low interest rates are hurting profit margins at banks that depend on the gap between what they charge borrowers and pay depositors to make money.   Pension funds also are hurting, because they are under growing pressure to meet their retirees’ obligations.  Meanwhile, some types of insurance are more costly as firms attempt to […]

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