Mortgage and Financial News From 2009-1-9 Page 01

Previous Day: 2009-01-08

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• South Korea cuts interest rate to record low - Marketwatch

  HONG KONG (MarketWatch) -- The Bank of Korea slashed interest rates by half a percentage point Friday, bringing its key rate to record low 2.5% in an effort to prop up an economy suffering from a collapse in exports. The rate cut adds to the four ...
  2009-01-09 05:04:00

• Britain's Gordon Brown slipping in popularity-polls - Guardian Unlimited

  LONDON, Jan 8 (Reuters) - British Prime Minister Gordon Brown has failed to make in-roads into the surging popularity of the opposition Conservatives despite his handling of the economic crisis, a poll for The Sun newspaper said on Thursday. The ...
  2009-01-08 05:36:00

• Corporate bonds can offer a bit of good risk (Tacoma News Tribune)

  Sometimes investors get restless when they are cozy.
  2009-01-07 02:13:39

• Ask whether bank pulls credit reports (Bankrate.com via Yahoo! Finance)

  Before opening a new savings account, ask whether or not the bank will pull your credit report.
  2009-01-07 05:00:00

• 2009 Financial Survival Guide (WINK TV Southwest Florida)

  Survive the storms of the economy.
  2009-01-08 03:24:25

• 2005 Ford Escape Limited (PAHomePage.com)

  Engine: 3.0L 6 Cyl. 4X4 LIMITED, LEATHER HEATED SEATS, POWER DRIVER SEAT, 6-DISC IN-DASH CD, TOW PACKAGE, REVERSE SENSING, MOONROOF, LUGGAGE RACK, NICE!!!
  2009-01-09 12:47:38

• INDICATORS - Lebanon - Updated Jan 9 (Reuters via Yahoo! Singapore News)

  BEIRUT, Jan 9 (Reuters) - Below is a table of the latest Lebanese economic statistics.
  2009-01-09 03:25:39

• Canada's jobless numbers worse than expected (CTV Winnipeg)

  Statistics Canada's latest jobless numbers are worse than expected, showing the economy lost 34,000 jobs in the last month of the year.
  2009-01-09 09:44:29

• Question of the day: Ask the financial experts - KSDK

  KSDK -- In a new feature on KSDK.com, a team of local financial experts is answering a question each day related to the current economic climate. The AP is reporting: President-elect Barack Obama warned of dire and long-lasting consequences if ...
  2009-01-09 06:04:00

• Ask the Mortgage Professor: Borrowers have little choice in mortgage ... - Elkhart Truth

  Question: Do borrowers have any say over the type of loan modification they get? What kind of modification should they look for? Answer: Mortgage modifications are changes in the terms of a mortgage loan designed to make it more affordable to the ...
  2009-01-03 10:14:00

• Is it best to prepay a mortgage? - Providence Journal

  Homeowners with an aversion to debt are sometimes tempted to pay down their mortgages before they come due. That can be a misguided approach, some financial counselors say, if borrowers can instead put that money into relatively safe investments that ...
  2009-01-09 05:28:00

• Saudi Arabia Can Raise Capacity a Third, Saleri Says (Update1) - Bloomberg

  Jan. 9 (Bloomberg) -- Saudi Arabia, the world’s biggest oil producer, could raise its oil production capacity to 15 million barrels a day, a former Saudi Aramco official said. That would be almost one-third above the current level. “The resources ...
  2009-01-09 05:21:00

• Mortgage Lending Jobs Thrive as Other Sectors Dive (HispanicBusiness.com)

  It's so 2005.
  2009-01-09 06:06:48

• James Daley: Cutting interest rates is not the answer (Independent)

  Not so long ago, a 0.5 percentage point cut in the official Bank of England interest rate would have been a cause for celebration for most people in Britain. Although, admittedly, rate cuts do tend to translate into a reduction in savings rates, most of us in property-mad Britain have much bigger mortgages than we do savings. Hence, a cut in interest rates tends to deliver us much bigger ...
  2009-01-09 06:27:11

• Long Islanders Getting Help In Foreclosure Fight (WCBS-TV New York)

  Even for some families that are working it's not enough to keep them from facing foreclosure. However, there are some families on Long Island getting help. Jean Clayton's foreclosure paperwork is not something she and husband, Frank, are eager to share with their children.To answer a desperate need The Long Island Housing Partnership has ramped up its free services like debt counseling to keep ...
  2009-01-09 06:44:39

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