Watching MSNBC while getting ready for work this morning, I caught Erin Burnett getting all bubbly about how a huge IPO by Visa Credit Cards was going to be a big thing for the market. So, if Visa gets 19 Billion bucks, my interest rate will go down, right? And those late fees will disappear?
Of course, the overriding economic news today came from the housing market.
The backlog of unsold homes continued to pile up in January, a sign that home prices will continue to drop as would-be buyers hold out for better deals [...]
Tags: Economy, Home Sales
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