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Tag Archives: s&p

A year later, S&P downgrade of U.S. looks like a dud

WASHINGTON — The rating agency Standard & Poor’s stunned the world a year ago by stripping the U.S. government of its prized AAA bond rating. The downgrade of long-term U.S. Treasurys threatened to sow chaos in financial markets, driving up ...

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Robert Nusgart: Volatility sends mortgage rates even lower

Amazing. Just amazing. The last week in the mortgage industry has been a series of wild swings of ups and downs that has culminated in a furious wave of phone calls and emails to borrowers and homeowners to get them ...

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