Many chartered financial analysts are throwing cold water on the idea of a prosperous new year, predicting Europe’s sovereign-debt crisis will worsen and stocks to be a less-than-stellar investment.  In the survey of the U.S.-based CFA Institute’s world-wide membership rolls, about half expect the debt crisis to intensify next year […]

The average rate on the 30-year fixed mortgage fell back down to 3.94 percent, the record low set earlier in the fall. Low rates offer a great opportunity for those who can afford to buy or refinance. Still, few people are able to take advantage of them. Freddie Mac says […]

Moody’s Corporation, the world’s oldest credit rating agency announced that it has taken steps to commence business in Nigeria, given the country’s regional significance and the demand for ratings not only for financial offers but also counterpart risk management. This disclosure was made by the vice-president, Business Development-EMEA,  Michael Korwin, […]