I agree with you to
an extent on the credit rating part, however, that is my personal opinion only.
Not exact matches
It would have almost no impact
on U.S. interest
rates, except to the
extent perhaps of a slight narrowing of
credit spreads to balance a slight increase in riskless
rates.
As usual, I don't place too much emphasis
on this sort of forecast, but to the
extent that I make any comments at all about the outlook for 2006, the bottom line is this: 1) we can't rule out modest potential for stock appreciation, which would require the maintenance or expansion of already high price / peak earnings multiples; 2) we also should recognize an uncomfortably large potential for market losses, particularly given that the current bull market has now outlived the median and average bull, yet at higher valuations than most bulls have achieved, a flat yield curve with rising interest
rate pressures, an extended period of internal divergence as measured by breadth and other market action, and complacency at best and excessive bullishness at worst, as measured by various sentiment indicators; 3) there is a moderate but still not compelling risk of an oncoming recession, which would become more of a factor if we observe a substantial widening of
credit spreads and weakness in the ISM Purchasing Managers Index in the months ahead, and; 4) there remains substantial potential for U.S. dollar weakness coupled with «unexpectedly» persistent inflation pressures, particularly if we do observe economic weakness.
Depending
on the
extent of your
credit rating, you may want to find a cash - out refinancing loan that pays off your initial mortgage and frees up funds that you can use to retire your outstanding debts.
«Depending
on your marginal tax
rate, this pension tax
credit will reduce or eliminate the incremental tax otherwise owing
on the additional $ 2,000 of qualifying income annually, to the
extent that you are not otherwise taking advantage of this
credit with other income,» says BMO in a document titled RRIFs — Tips and Considerations.
While they come with high fees, high interest
rates and low limits, these cards report your repayment history to the major
credit bureaus each month, so as you make
on - time payments, your
credit score will improve — to the
extent you won't need the secured card anymore (they aren't the most advantageous out there), or the card issuer will let you convert to a regular card (usually after 12 to 18 months).