Mortgage and Financial News From 2008-11-16 Page 01
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Get set for further UK rate cuts - BBC Business
"How low can you go?" homeowners are asking the Bank of England after Thursday's dramatic cut in the base rate. The answer, according to many economists, is down to rates never seen since the Bank's birth in 1694. A 1.5 point cut to 3% has taken the ...
2008-11-06 05:54:00 -
Financial Focus: There are still ways to consolidate your debt - Record Searchlight
Q: As credit tightens, what options are available to consolidate debt? What are some of the safest ways for consumers to consolidate debt? As credit markets continue to struggle, many consumers are concerned about how to best manage their current ...
2008-11-16 01:24:00 -
Thick-skinned bankers from a different planet - This is Money
Defenders of the banks say their mortgage rates derive from Libor and not the Bank of England - but that is no excuse not to pass on rate cuts, writes Chris Blackhurst... Back in the 1990s, every year, there was a Stop the City protest. They were ...
2008-11-10 05:18:00 -
Experts say now is a good time to buy property - Scoop
Real estate experts are saying that there is no better time to buy property than right now. Prices have dropped, mortgage rates are down and there are some bargains out there. Evening market report for Monday 10 November, 2008 The evening market ...
2008-11-10 01:43:00 -
Lenders cave and slash mortgage rates - This is Money
Government pressure finally forced the big banks to reduce their floating mortgage rate on Friday to reflect the huge 1.5% cut in the base rate by the Bank of England the previous day. The Prime Minister and Chancellor spoke out after a series of ...
2008-11-08 05:59:00 -
Consumers cut back sharply on spending - Seattle Post Intelligencer
In this Oct. 7, 2008 file photo, Federal Reserve Chairman Ben Bernanke, speaks to the National Association for Business Economics in Washington. Bernanke, warning that financial markets remain under "severe strain," pledged Friday, Nov. 14, 2008, to ...
2008-11-14 08:19:00 -
NIAGARA COUNTY: Paying with plastic (Niagara Gazette)
County working on using debit or credit cards for fees.
2008-11-16 10:46:57 -
State sees revenues declining (Bangor Daily News)
AUGUSTA, Maine — Maine governments are facing a triple whammy in the current recession, with the three major sources of revenue for state and local governments all in decline, as well as other revenues, something that has not happened in decades.
2008-11-16 11:02:12 -
CENTRAL NY BUSINESS NEWS (The Post-Standard)
• How to stay safe banking online Q. I hear so much about hackers attacking Web sites and stealing people's personal information. Is it safe to bank online?
2008-11-16 11:05:04 -
Banking / Perspectives (Business News Americas)
Colombia's banks have witnessed sustained growth and are regaining strength after recovering from the crisis of the late 1990s.
2008-11-16 11:06:02 -
HOPE VI houses under construction on Sherwood, Hiwassee (Kingsport Times-News)
KINGSPORT — The HOPE VI houses along Sherwood and Hiwassee are all under construction, six potential owners are in line for loans and nine more are under contract, a Kingsport Housing and Redevelopment Authority official said last week.
2008-11-16 11:13:29 -
The Economy Gets a Margin Call (GoldSeek.com)
As long-time readers know, my daughter Tiffani and I are interviewing millionaires for a book we will be writing called Eavesdropping on Millionaires.
2008-11-16 11:14:27 -
Recession could spur more college closings (Boston Herald)
For 15 years, Cascade College in Portland, Ore., struggled to find the fuels that any college needs: students to pay tuition, and donors to help build an endowment. Then...
2008-11-16 11:17:01 -
Palin puts 'brutal' 2008 behind her, looks to 2012 - Newsweek
Recommended (6) Conventions. Obama Sweats the Clintons, McCain Gambles on Palin Perspectives: Presidential Candidate Quotes Young Republicans Offer Advice for GOP's Future A 2012 Political Playbook for Sarah Palin How McCain Fumbled Away Michigan GOP ...
2008-11-11 02:42:00 -
Avoiding Foreclosure - KELOLAND TV
For the first time in two months home foreclosures are on the decline across the country, but they're still up dramatically from previous years. Still, local banks, lenders and the government are helping more people stay in their homes. Jon Wilson ...
2008-11-09 05:58:00