Posts from the "Video" category
Uncorking Collateralized Debt Obligations - a simple explanation
So while I was working on my sentimental first blog post (which I guess will be my second now!) I came across this video that I just wanted to share ASAP. Jumping into the financial realm during a crisis can be confusing (as I’ve been learning). Even if you’ve been around a while, I’m sure you might even wonder how the current crisis came to be so quickly.
And finally, if you just love understanding things with alcohol analogies, well this video is for you too! Enjoy!
Crisis explainer: Uncorking CDOs from Marketplace on Vimeo.
Hat tip to Consumerism Commentary where I originally saw the video!
Fed Cuts Interest Rate: What it Means for Your Mortgage
The federal reserve announced this morning a 0.75% interest rate cut. The market had been expecting a cut, but not such a big one.
This won’t make it easier to qualify for a mortgage, but if you do you should be able to get a somewhat lower rate.
The lemonade stand video
What would it be like if buying lemonade was as complicated as shopping for mortgage rates? See what happens when little Jenna opens a lemonade stand and tries to maximize profit at the expense of her customers.
