
Federal Reserve Board: 'We will know when interest rates hit rock bottom when everyone says 'enough already'!'
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Federal Reserve Board: 'We will know when interest rates hit rock bottom when everyone says 'enough already'!'
First National Bank. Keep life exciting --- Ask about our variable rate, interest-only mortgages.
'I think I must be ambidextrous. I can calculate interest with both sides of my brain.'
"And this is where we all gave up."
"Double whammy. My weight now exceeds my credit score."
"The interest rate can't go any lower, so if necessary, we'll have to go back to pounds of flesh."
"Oh, him? He's the guy who changes the interest rate when it's set by the fed."
'We can mortgage your future for a very attractive low interest rate.'
'Are you good with decimals? Our certificate of deposit is currently paying 0.025%.'
10 Days Without an Interest Rate Change
'Of course we have to learn decimals. How else will we be able to compare bank interest rates.'
"Hmm.... now I hadn't noticed THAT before..."
The Price of Nothing
"And please let Alan Greenspan accept the things he cannot change, give him the courage to change the things he can and the wisdom to know the difference."
Making borrowing easier
Finance Co., Refinance Co.
Bank. 18 month CD 1.0815255645% Paying More digits than any other bank. Interest rates are so low! It's hard to believe this CD has reached maturity --- Just look at how little it's grown! Investing seems extremely risky these days. There's no safe place to get a decent return. They always say investing is a roller coaster. Yeah, but it's not true. On a roller coaster you get back to where you started!
"Don't forget — it's good to give, but even better to get back."
'There's no interest on your purchase for a year. Then we become VERY interested in your balance after that.'
Bank of England Base Rates.
Bank. I'm getting zero percent on my savings! We've reached the point of no return.
"According to my actuary tables, your loan will outlive you."
'Here's a hundred bucks -- now, you give me $101.37.'
'My accounts aren't insured, but it's the risk I take for higher interest rates.'
"I'm here to pay off the last loan installment!"
Devil-may-care loans.
The End of Economic Stimulus is Near!
'I'd think that after a $800 billion bailout, you could do better than 1.2% for 11 months.'
Bankers waking up from cryo-sleep to explain the Fed's interest rate hike to you.
"I don't know a damn thing about monetary policy,but I know what I like."
Financial Advisor. What I have is a conflict of interest - the interest on my mortgage, my car loan, my credit cards.
'America uses 20 million barrels of oil a day. Our profits are up, but is it sustainable? Will consumers run out of money?'
"We can mortgage your future for a very attractive low interest rate."
"If a higher interest rate is a sign of a stronger economy, you must think I'm golden."
"Your money was working for you, but it suddenly quit and now it's working for me!"
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