If you are a football fan, isn't it great to be in Wisconsin! Unless the Badgers fall on their face against Minnesota, they should get invited to a nice bowl game. And the Packers ae surprising everyone!
It looks like the worst of the subprime mortgage crisis is just ahead of us. It looks like we will see the most effect of higher rates for borrowers as their loan rates adjust during the first four to six months of 2008. Five years ago some lenders were offering teaser rates that enabled many to buy homes. Now with the adjustable rates kicking in at much higher rates than the teasers, they are finding it almost impossible to make the higher payments. Lots of "ouches" out there.
