Blog
September 26th, 2008 (Modified on September 30th, 2008)

Dolans Answer Important Consumer Q’s Regarding Today’s Market

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Especially in the last couple of weeks when markets have been turned on their heads, countless consumers have fled to the experts asking the hard questions about the state of their hard-earned investments. Offering their advice, financial guru’s Ken and Daria Dolan have answered a group of questions submitted by consumers on their website that they wish to impart onto you:

Am I going to have to pay higher taxes because of this bailout?

Is it safe for me to start investing again? Will the volatility in the stock markets settle down?

Should I stop putting money in my 401(k)?

The government announced they will guarantee money market mutual fund deposits now after the Reserve Primary Fund “broke the buck.” What does that mean for people with money in money market mutual funds today?

Could my bank still fail?

The AIG turmoil has me worried about insurance. Are my annuities and policies protected?

So, will this bailout make it easier for me to get a loan or a mortgage?

Is the bailout really necessary? (Although the Washington big shots would prefer that we call it a “rescue” and not a bailout – right!)

Help! I feel like it is so easy to make mistakes right now that I’m scared to do anything. Where should I put my money?

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About the HSH Blog

HSH.com's daily blog focuses on the latest developments in the mortgage and housing markets. Our mission is to relate how changes in mortgage rates and housing policy, as well as the latest financial news, impacts consumers, homebuyers and industry insiders alike. Our 30-plus years of experience in the mortgage industry gives us an edge as we break down the latest changes in an ever-changing market.

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Tim Manni

Tim Manni is the Managing Editor of HSH.com and the author of their daily blog, which concentrates on the latest developments in the mortgage and housing markets.

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