Your Money: Aug. 23, 1999

PHONE WARS Last week MCI joined Sprint and Qwest in offering 5[cents]-a-minute calling rates, and market leader AT&T; may follow suit. Meanwhile, Qwest announced unlimited Internet access and 250 minutes of long-distance calls for $24.95 a month. One caution: Carriers may slip in new fees or hijack your local toll-call service. Read your bill carefully.

Long-distance rates Monthly Company Rate Fee

MCI 5[cents] nights and weekends, 10[cents] days $4.95

AT&T; 10[cents] days and nights, 5[cents] Sundays 4.95

Sprint 5[cents] nights, 10[cents] days 5.95

Qwest 5[cents] around the clock 14.95

CUT-RATE MORTGAGE With mortgage rates now topping 8%, potential home-buyers might...

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