Good times, risky times for banks in hot market
If interest rates increase, says a local bank president, expect the market to start cooling down.
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Mortgage rates to rise? Dear Curt, Alan Greenspan, chairman of the Federal Reserve Board of Governors, has described the disconnect between rising short-term interest rates and relatively stable long-term rates as a conundrum.read more...
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First Trust/FIDAC Mortgage Income Fund Declares Monthly Distribution of $0.1042 Per Share (Business Wire via Yahoo! Finance) LISLE, Ill.----Nov. 21, 2005--First Trust/FIDAC Mortgage Income Fund today declared the Fund's regularly scheduled monthly distribution, payable on December 12, 2005 to shareholders of record as of December 5,