Bad Credit Mortgage Refinance Vt

Money market experts brace for two rate rises

There is an 85 per cent chance of an interest rate rise when the Reserve Bank meets next Tuesday and a 50 per cent chance of another rise by Christmas, according to the investors who put their money where their mouths are on Australia's financial markets.
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Poll: High gas prices lower driving time

WASHINGTON -- High gasoline prices already had most people cutting back on driving before the shutdown of an Alaska pipeline threatened to push costs even higher. However, few drivers are making bigger changes, such as carpooling or using mass transit.

Fifty-five percent of drivers said they had reduced their driving because of high gas prices, according to a poll released Tuesday by the Pew Research Center. About one in five said they had started carpooling or sharing rides more often, while 12 percent said they had begun using mass transit more often.

Economists say Americans' dependence on the automobile makes it unlikely drivers will change their driving habits dramatically, regardless of price increases, at least in the short term.

"There are small ways to cut down on driving.

Program helps heal credit

Despite working hard for nine years as a machine operator at AVX, the 32-year-old single mother of two said credit troubles and a habit of overspending made her dream seem impossible.

Enter Blue Collar Fund Management - a new company in Myrtle Beach that counsels clients about credit, budgeting and how to balance a checkbook and then leads them through the home-buying process.

She's paid off her debt, only buys things she needs and is living in her own four-bedroom house in Conway.

"I love it. There ain't nothing like having your own [home]," Dennison said.

Dennison is not alone.

As rising home and gas prices outpace wage increases in an economy that relies on service jobs, many workers are having trouble making ends meet and repairing credit to buy a home.

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