Mortgage and Financial News From 2008-5-5 Page 9
Previous Day: 2008-05-04
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Potomac Fever: Don't catch it - Seattle Times
If any publication was going to document the sickness known as Potomac Fever, it was going to be The Washington Post. Last month, the newspaper penned a front-page dispatch headlined "Housing Accord Puts Builders First; Strapped Homeowners Offered ...
2008-05-05 12:09:00 -
Economy May Face Prolonged Pain, History Suggests - Wall Street Journal
The worst of the financial pain may have passed, but the economic pain could be just starting. The nation's financial markets have rallied since early March, with stocks up and yields on risky corporate and mortgage-backed bonds falling relative to ...
2008-05-05 06:29:00 -
Home buying to get harder as banks tighten loan rules - News.com.au
HOME buyers face tougher questions and even knockbacks when applying for a mortgage as banks and non-bank lenders tighten rules on who qualifies. Leaked circulars show a series of banks and non-bank lenders have toughened eligibility criteria on some ...
2008-05-05 07:04:00 -
Economic Stimulus Package Generates Mixed Response from Industry (Multi-Housing News)
Washington D.C.-- Kieran P. Quinn, CMB, chairman of the Mortgage Bankers Association (MBA) praised the Bush administration’s new stimulus package, announced this week, that includes housing provisions designed to help borrowers and stabilize the housing and mortgage markets.
2008-05-04 06:12:28 -
UPDATE: Europe Telecom Giants Call The Shots Again As M&A Picks Up (Nasdaq)
LONDON (Dow Jones) -- Every rain cloud has its silver lining.
2008-05-04 08:36:47 -
Risk can be reduced within same fund family (Akron Beacon Journal)
Q: I'm semiretired, married, with no children. We own our home. I'm 62, have no pension. Our total savings is $95,000 in Vanguard Target Retirement 2010 fund in an IRA. I just moved it there about six months ago. In the past year or two my IRA account has stopped growing. I'm thinking of pulling it and putting it in a CD or something that will give me guaranteed growth. What do you think? — ...
2008-05-04 10:39:04 -
Credit Union Remains Loyal to Consumers With Free Checking in Florida Through Rough Economic Times (PRWeb via Yahoo! News)
Tropical Financial Credit Union Continues To See Growth Even as Mortgage Rates and Predictions Of The Economy Continue To Show Little Stability
2008-05-05 12:01:00 -
Auto Loan Refinance to Reduce Monthly Payments (Carteret County News-Times)
(ARA) - If high gas prices coupled with a big monthly car payment have you thinking that it might be time to trade in your truck or SUV, you'll be happy to know there is an alternative.
2008-05-05 05:29:37 -
Don't Sell Your Beach House - BusinessWeek
There was an interesting article in today’s San Jose Mercury News talking about the latest census data and California’s demographics. White middle-class residents are leaving the state. The Hispanic population is still growing but at a much lower ...
2008-05-04 07:59:00 -
Program helps older homeowners make ends meet - Batavia Sun
Being retired and living on a fixed income can be challenging - especially given the rise in costs of food, gas, and many other of the basic staples on which people depend. Medinah resident Raymond Sykes, 80, and his wife, Dorothy, found themselves ...
2008-05-04 02:12:00 -
Margareta Pagano: New Beowulf takesa swipe at the City'sover-paid dragons (Independent)
Mervyn King, the Governor of the Bank of England, is in danger of becoming a hero, a Beowulf for our times.
2008-05-03 04:14:55 -
Reporter's Notebook: Nick Cooper (The Narco News Bulletin)
Once again, here are my translations for Bush's speech... > Seven years have passed since I first stood before you at this rostrum. In that time, our country has been tested in ways none of us could have imagined.
2008-05-03 04:57:35 -
UK ruling party vows to learn lessons of poll defeat (Canada.com)
Britain's ruling party pledged to learn lessons on Saturday after suffering a crushing defeat in local elections that newspapers said may signal the beginning of the end for Prime Minister Gordon Brown's government.
2008-05-03 05:24:50 -
Sunday North Bulletin Board (Pittsburgh Post-Gazette)
Marshall -- The township will host a class in cardiopulmonary resuscitation from 6 to 9 p.m. Wednesday in the municipal building lower level, 525 Pleasant Hill Road. ...
2008-05-03 09:39:49 -
World economic system holding its breath (Toronto Star)
It's fair to say the world economic system is waiting to exhale. And waiting. And waiting ... Central bankers have done their part, injecting billions of dollars into the system to prevent a global banking meltdown.
2008-05-04 01:45:11
