Higher Mortgage Rates If Washington Indecision Continues

5 years 4 months 1 week ago July 26, 2011 Jul 26, 2011 Tuesday, July 26 2011 Tuesday, July 26, 2011 9:42:00 PM CDT in News
By: Alon Gilboa

COLUMBIA - Loans of all types could become harder to recieve if the debt ceiling deal does not get passed in Washington, DC. Dan French, an MU finance professor, said increased interest rates could cause a drag on the economy.

French noted that the United States'  financial reputation is at risk, and even just talking about an inpasse puts the the country's credit rating at risk of a downgrade.

Terry Seboldt, Bank of Missouri's senior vice president, said the credit agency Standard & Poor's is 50-50 on whether it will downgrade the country's AAA rating.

More News

Grid
List
ST. LOUIS (AP) — Two men have pleaded guilty to the $2 million robbery of an armored car, an inside... More >>
47 minutes ago December 08, 2016 Dec 8, 2016 Thursday, December 08 2016 Thursday, December 08, 2016 5:17:47 PM CST in News
JEFFERSON CITY (AP) — T he Missouri Supreme Court has struck down a law that denies bail to criminal defendants... More >>
52 minutes ago December 08, 2016 Dec 8, 2016 Thursday, December 08 2016 Thursday, December 08, 2016 5:12:55 PM CST in News
KANSAS CITY (AP) — Colleges that expel students whom they suspect of sexual assault are being asked to specify the... More >>
57 minutes ago December 08, 2016 Dec 8, 2016 Thursday, December 08 2016 Thursday, December 08, 2016 5:08:29 PM CST in News
ST. LOUIS (AP) — A suburban St. Louis man has been sentenced to more than eight years in prison for... More >>
1 hour ago December 08, 2016 Dec 8, 2016 Thursday, December 08 2016 Thursday, December 08, 2016 5:05:21 PM CST in News
ROLLA (AP) — A building at Missouri S&T was evacuated after a fire broke out on the building's roof. ... More >>
1 hour ago December 08, 2016 Dec 8, 2016 Thursday, December 08 2016 Thursday, December 08, 2016 5:03:30 PM CST in News
COLUMBIA - Healthcare has not changed since the election and experts say there is no need for people to think... More >>
2 hours ago December 08, 2016 Dec 8, 2016 Thursday, December 08 2016 Thursday, December 08, 2016 3:22:48 PM CST in News
COLUMBIA - The Columbia Police Department is investigating a string of five vehicle break-ins at three different fitness centers around... More >>
3 hours ago December 08, 2016 Dec 8, 2016 Thursday, December 08 2016 Thursday, December 08, 2016 2:45:00 PM CST in News
JEFFERSON CITY - Tobacco Free Missouri Youth (TFMY) gathered in the capitol Thursday to raise awareness for its campaign to... More >>
3 hours ago December 08, 2016 Dec 8, 2016 Thursday, December 08 2016 Thursday, December 08, 2016 2:16:00 PM CST in News
COLUMBIA - It’s the most wonderful time of the year, but for families living below the poverty line, the holiday... More >>
4 hours ago December 08, 2016 Dec 8, 2016 Thursday, December 08 2016 Thursday, December 08, 2016 1:56:00 PM CST in News
COLUMBIA- As of Thursday morning, MU is advising all students who have not contracted the mumps to receive a third... More >>
4 hours ago December 08, 2016 Dec 8, 2016 Thursday, December 08 2016 Thursday, December 08, 2016 1:39:00 PM CST in News
KANSAS CITY (AP) — An appeals court says a man serving a 260-year sentence in a Kansas child pornography case... More >>
6 hours ago December 08, 2016 Dec 8, 2016 Thursday, December 08 2016 Thursday, December 08, 2016 11:54:49 AM CST in News
JEFFERSON CITY (AP) — Wealthy donors gave about $2 million to candidates on the final day of unlimited political giving... More >>
7 hours ago December 08, 2016 Dec 8, 2016 Thursday, December 08 2016 Thursday, December 08, 2016 10:38:36 AM CST in News
ROACH, Mo. (AP) — Missouri authorities say a man was killed in central Missouri when an unoccupied pickup truck rolled... More >>
8 hours ago December 08, 2016 Dec 8, 2016 Thursday, December 08 2016 Thursday, December 08, 2016 9:10:10 AM CST in News
FARMINGTON (AP) — An eastern Missouri man who was the former president of an investment company has been sentenced to... More >>
8 hours ago December 08, 2016 Dec 8, 2016 Thursday, December 08 2016 Thursday, December 08, 2016 9:07:25 AM CST in News
ROBERTSVILLE (AP) — An eastern Missouri man is in custody after a package service driver noticed a message scrawled on... More >>
9 hours ago December 08, 2016 Dec 8, 2016 Thursday, December 08 2016 Thursday, December 08, 2016 9:03:54 AM CST in News
COLUMBIA (AP) — The University of Missouri is urging students to obtain a booster mumps shot to protect against an... More >>
9 hours ago December 08, 2016 Dec 8, 2016 Thursday, December 08 2016 Thursday, December 08, 2016 9:00:03 AM CST in News
RANDOLPH COUNTY - "NO Eminent Domain For Private Gain" is on a yard sign along rural Route NN a little... More >>
15 hours ago December 08, 2016 Dec 8, 2016 Thursday, December 08 2016 Thursday, December 08, 2016 2:07:00 AM CST in News
JEFFERSON CITY - The Missouri Department of Transportation reported Wednesday a rise in pedestrian deaths in Missouri. It said nearly... More >>
23 hours ago December 07, 2016 Dec 7, 2016 Wednesday, December 07 2016 Wednesday, December 07, 2016 6:57:00 PM CST in Top Stories
Columbia, MO
Broken Clouds 25°
6pm 23°
7pm 22°
8pm 21°
9pm 20°

Select a station to view its upcoming schedule:

Coming Up Next

6:00p
KOMU 8 News @ 6
6:30p
Football Night in America
7:20p
Thursday Night Football
6:00p
Family Guy
6:30p
Family Guy
7:00p
DC's Legends of Tomorrow

Tonight's Schedule

6:30p
Football Night in America
7:20p
Thursday Night Football
7:00p
DC's Legends of Tomorrow
8:00p
Supernatural
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld