Between September 1, 2008 and October 15, 2008 the value of the Dow Jones Industrial Average decreased by over 25 percent. Believing the economy would only get worse, my wife Christine and I made changes in our spending and living habits in order to ride out the anticipated recession.
Mortgage loans and credit cards
We watched fixed mortgage interest rates drop and explored the possibility to getting a lower rate on our first mortgage. With falling home values we were not sure if we could, but in March 2009 read more »