Mortgage and Financial News From 2008-12-23 Page 01

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  • Richard White: Associations should allow members to volunteer to do tasks (Naples Daily News)

     
    2008-12-21 06:31:19
  • Looking ahead (The Star)

    Having a retirement plan helps you work towards a goal, especially when you have the children’s education to consider.
    2008-12-21 06:44:15
  • Christmas blues - Jamaicans being urged not to overspend this season (Jamaica Gleaner)

    EVEN IN these gloomy economic times, Jamaicans have started to flood the malls and markets this holiday season and no doubt many will forget their budgets and spend more than they can afford. This could leave scores of persons unable to navigate the troubled waters expected...
    2008-12-23 12:40:46
  • Don't worry; your tax bill isn't lost in mail (The Columbus Dispatch)

    Franklin County tax bills are being mailed a week later than usual, but homeowners who want a 2008 federal income-tax deduction can still scramble to pay before January.
    2008-12-23 02:39:03
  • Demand transparency (Asia Times)

    Perhaps the most sobering thing we have learned during 2008, or rather since the subprime crisis broke in the middle of 2007, is the benefit of transparency in business dealings.
    2008-12-23 04:35:48
  • Cut Years Off Your Mortgage (The Motley Fool)

    Why a flexible or offset mortgage could save you money in 2009.
    2008-12-23 06:04:14
  • Trend of gold as store of wealth 'may start to snowball'--ScotiaMocatta (Kitco.com)

    Deep-rooted global financial problems will escalate the demand for gold as a safe haven. In its December Metals Matters report, ScotiaMocatta suggests that global financial problems "seem so deep rooted that demand for gold as a safe haven is expected to escalate."
    2008-12-23 12:31:34
  • UPDATE 1-Commonwealth Bank to buy A$4 bln Wizard home loans - Reuters

    SYDNEY, Dec 24 (Reuters) - Commonwealth Bank of Australia Ltd (CBA) ( CBA.AX ), will buy up to A$4 billion ($2.7 billion) of mortgages from local finance firm Wizard, CBA said on Wednesday, further boosting its market share in a consolidating ...
    2008-12-23 05:48:00
  • Aussie Home Loans buys Wizard from GE Money Australia, Commonwealth ... - News.com.au

    Sold ... Aussie Home Loans buys Wizard's branches and advisers, while CBA buys $4 billion mortgage portfolio. GE Money sells Wizard to Aussie and CBA Commonwealth Bank buys $4bn in mortgages Aussie gets franchises, mortgage advisers GE Money ...
    2008-12-23 07:57:00
  • Bush pardons man who helped Israel during wartime - Denver Post

    President George W. Bush walks along the West Wing Colonnade as he departs the White House in Washington, Tuesday, Dec. 23, 2008, to spend the Christmas holiday at the Camp David presidential retreat. WASHINGTON—In a gesture of forgiveness for a ...
    2008-12-23 05:27:00
  • Beware of faulty mortgage rate quotes (San Jose Mercury News)

    With mortgage rates at historic lows '” 4.75 percent from several lenders in mid-December '” a new legal settlement from the Federal Trade Commission offers a cautionary note for consumers, especially if they are minorities: Watch out. The rates and fees you're quoted could violate federal law.
    2008-12-23 09:46:19
  • Business (The West Australian)

    The takeover of Wizard Home Loans by fellow non-bank lender Aussie Home Loans presents the prospect of lower rates for Wizard customers, Treasurer Wayne Swan says.
    2008-12-23 09:51:27
  • Local homeowners take advantage of holiday sale on mortgage rates (The Pantagraph)

    BLOOMINGTON -- Some homeowners took advantage of a holiday sale on mortgage rates last week. The 30-year fixed-rate mortgage averaged 5.19 percent with an average .7 points for the week ending Thursday, according to Freddie Mac. The rate had not been lower since the mortgage company began its survey in 1971.
    2008-12-23 10:16:19
  • American Express gets OK for US$3.39B from govt (The Star)

    NEW YORK (AP) - American Express Co. said Tuesday it received preliminary approval to obtain $3.39 billion in capital as part of the government's $700 billion bank investment program.
    2008-12-23 10:28:55
  • EDB likely to start lending next year (Zawya)

    24 December 2008 Emirates Development Bank (EDB) is expected to start lending by the second or third quarter of 2009, according to an EGF-Hermes analyst.
    2008-12-23 10:36:33