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Pros and Cons of Prepaid Tuition Plans (The Motley Fool)

The Motley Fool - Prepaid tuition programs are exactly what the name implies: the chance to pay now and buy a certain number of educational credits/years of college at today's tuition rates. Or so the promotional materials like to say.
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Freddie Mac sees rates headed to 6 percent by end of 2010 (Reuters)

Reuters - After hitting an all-time low in early December, the average rate on a 30-year, fixed-rate mortgage rose to 5.05 percent this week and could climb to 6 percent by the end of 2010, the Washington Post reported on Saturday, citing U.S. mortgage financier Freddie Mac's latest survey.
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Credit crunch: Home equity lending evaporates (AP)

In this Oct. 15, 2009 photo, Jeffrey Yellin stands in front of his home, a part of the remodeling job he was able to complete before his home equity line was cut, in Oak Park, Calif. He had to dig into savings to finish the front and interior, but still didn't have enough to complete the back yard.  (AP Photo/Reed Saxon)AP - Hocking the house for quick cash is a lot harder than it used to be, and it's causing headaches for homeowners, banks and the economy.


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Treasury removes cap for Fannie and Freddie aid (AP)

A box containing info about a home with a reduced price for sale in Jackson, Miss. is shown Tuesday, Dec. 22, 2009. Sales of previously occupied homes surged in November to the highest level in nearly three years, spurred by federal subsidies for starter homes and a massive Federal Reserve push to drive down mortgage rates. (AP Photo/Rogelio V. Solis)AP - The government has handed its ATM card to beleaguered mortgage giants Fannie Mae and Freddie Mac.


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US extends financial guarantees to mortgage giants (AFP)

The Fannie Mae headquarters in Washington. The US government has pledged virtually unlimited aid to mortgage finance giants Fannie Mae and Freddie Mac through 2012 to allow the government-sponsored firms to weather any new crisis.(AFP/File/Karen Bleier)AFP - The US government has pledged virtually unlimited aid to mortgage finance giants Fannie Mae and Freddie Mac through 2012 to allow the government-sponsored firms to weather any new crisis.


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Treasury removes cap for Fannie and Freddie aid (AP)

A woman takes a brochure detailing how homeowners can make their mortgage payments more affordable at the Fannie Mae booth set up at the Housing Rescue Fair, part of the National Urban League's Economic Empowerment Tour, in Dallas, Texas June 13, 2009. REUTERS/Jessica RinaldiAP - The government has handed its ATM card to beleaguered mortgage giants Fannie Mae and Freddie Mac.


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Treasury uncaps credit line for Fannie, Freddie (Reuters)

Reuters - The Obama administration pledged on Thursday to back beleaguered mortgage finance giants Fannie Mae and Freddie Mac no matter how big their losses may be in the next three years.
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Fed bought $15 billion net in agency MBS in latest week (Reuters)

Reuters - The Federal Reserve bought $15.0 billion net of agency mortgage-backed securities in the latest week, the New York Fed said on its website on Thursday.
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Gov’t lifts bailout cap for Fannie and Freddie (AP)

AP - The Obama administration says it is removing the $400 billion financial cap it will provide to Fannie Mae and Freddie Mac to keep the mortgage giants from failing.
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US extends guarantees on Fannie, Freddie through 2012 (AFP)

The Fannie Mae headquarters in Washington, DC, 2008. The US Treasury said Thursday it would extend guarantees to Fannie Mae and Freddie Mac through 2012 to allow the government-sponsored mortgage finance giants to weather any new crisis.(AFP/File/Karen Bleier)AFP - The US Treasury said Thursday it would extend guarantees to Fannie Mae and Freddie Mac through 2012 to allow the government-sponsored mortgage finance giants to weather any new crisis.