Mortgage and Financial News From 2008-6-16 Page 12
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Stocks set for higher open (The Star-Ledger)
There's a lot for investors to digest this morning from lower oil prices _ that's something you don't hear too often these days _ to the ouster of yet another chief executive of a major Wall Street bank.
2008-06-16 04:07:20 -
Canadians drowning in debt - Saskatoon Star Phoenix
A rash of recent reports paints a scary picture of Canadians as spending like drunken sailors, leading to the prickly question of whether we should be forced to save money. A Statistics Canada study showed Canadians are now finding themselves with ...
2008-06-16 02:11:00 -
Is commuting worth it? - Guardian Unlimited
It's probably the biggest financial equation of your life: balancing house prices with the time and cost of commuting. Should you live near the city centre, pay high housing prices and save on travel? Or should you head beyond the suburbs, find ...
2008-06-16 01:00:00 -
What to do with your money now (Newsday)
Saddled with burgeoning mortgage payments, devalued homes, and rising fuel and food costs, it can be easy to become overwhelmed.
2008-06-16 03:05:22 -
Plans to clarify mortgages anger lenders (Fort Wayne Journal Gazette)
WASHINGTON – A single sheet of paper has the real estate industry in an uproar.
2008-06-16 03:10:35 -
How to Win in Today's Housing Market (Carteret County News-Times)
(ARA) - For all the dire news coming out of the housing market, there's a big, shiny silver lining waiting for many homeowners and home buyers. The Federal Reserve has repeatedly dropped interest rates in the past month - good news for anyone seeking a mortgage.
2008-06-16 03:17:01 -
(AFX UK Focus) 2008-06-16 11:31 RPT-China central bank warns of capital outflows if yuan outlook changes (Interactive Investor)
BEIJING (XFN-ASIA) - China's central bank has warned that changing perceptions about the direction of the yuan exchange rate could well trigger a sharp outflow of speculative "hot money", having knock-on implications for the country's financial system.
2008-06-16 03:36:15 -
How the housing bubble burst - MSNBC
The mortgage executives who gathered in a blond-wood conference room in Southern California studied their internal reports with growing alarm. More and more borrowers were falling behind on their monthly payments almost as soon as they moved into ...
2008-06-16 01:14:00 -
Sikeston housing market still strong (Southeast Missourian)
Low interest rates are pushing people to the market
2008-06-16 12:13:46 -
The dogs that didn't bark: How Cabinet dithering and a spineless Chancellor helped crock Northern Rock (Evening Standard)
The collapse of Northern Rock was a £55 billion disaster that will have grave implications for every family in Britain for years to come. Now, a gripping new book by the Mail's City Editor reveals the full catastrophic story.
2008-06-16 12:38:37 -
Interest in rental units rises with foreclosures (Belleville News-Democrat)
Leases aren't easy to find these days at Park Terrace Apartments in Fairview Heights.
2008-06-16 01:09:57 -
Week ahead: Hickenlooper, Hart address energy issue (Denver Post)
Former U.S. Sen. Gary Hart and Denver Mayor John Hickenlooper will address about 700 delegates at the National Energy and Utility Affordability Conference, today.
2008-06-16 01:14:03 -
How The Housing Bubble Burst (NBC 5 Chicago)
The housing boom had powered the U.S. economy for five years. Now, in early 2006, signs of weakness within the subprime industry were harder to ignore.
2008-06-16 01:53:13 -
Retired parents' lack of a will worries their only child - Los Angeles Times
Dear Liz: I'm 25, work full time at a job that pays about $25,000 a year and attend school at night. I have about $27,000 in student loans and other debt, but I'm already trying to save for retirement by each month putting $50 into a Roth IRA and $75 ...
2008-06-14 11:06:00 -
Chapter 13 standoff thwarts foreclosure on St. Petersburg house for ... - St. Petersburg Times
In the kitchen of King’s former home, cabinets, appliances and even the kitchen sink had been removed. With the economy tumbling, thousands of Floridians have filed bankruptcies in a last-ditch bid to keep their homes from foreclosure. Among them ...
2008-06-15 07:16:00