Mortgage and Financial News From 2009-2-10 Page 01
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Planning to buy? Consider goals, recession - Everett Herald
Question: My partner is wondering if investing our savings and the equity in our home into a more expensive home is a good move these days. We purchased our Mukilteo townhouse a year ago and owe $257,000. The interest rate on our mortgage is 5.875 ...
2009-02-10 03:10:00 -
Fitch Rates Lima Airport Partners S.R.L. (LAP) $164MM Notes 'BBB-' - Businesswire.com
NEW YORK--( BUSINESS WIRE )--Fitch Ratings has affirmed the 'BBB-' rating on Lima Airport Partner's (LAP) $164 million fixed-rate notes due 2022. The Rating Outlook is Stable. The 'BBB-' rating reflects the airport's position serving the capital of ...
2009-02-10 02:49:00 -
Home purchase equals tax savings - Payson Roundup
The United States government has quite a few proposals on the table to stimulate the housing market. At this time, some possible proposals are lower mortgage interest rates and tax credits up to $15,000 for homebuyers. The outcome of Congress ...
2009-02-10 12:18:00 -
Twin Cities new home construction lowest in almost a decade - Minneapolis Star Tribune
Despite the lowest mortgage rates in a generation and a raft of lucrative incentives for buyers, new home construction activity last month in the Twin Cities metro area dropped to its lowest point in nearly a decade, according to data released ...
2009-02-10 04:07:00 -
First-time home buyers soak up rate cut - ninemsn
First-time home buyers are flooding into the housing market to take advantage of the federal government's increased grants and low mortgage rates, new data suggests. First-time home buyers made up 25.4 per cent of home loans granted in December, the ...
2009-02-10 07:13:00 -
To Post or View Comments, Scroll To The End of the Story. (The High Springs Herald)
Realtors see dramatic jump in activity locally By Ronald Dupont Jr. Herald Editor
2009-02-10 09:08:06 -
Foreclosure Protests at D.C. Offices Reflect Trend (Washington Post)
Dozens of demonstrators with the community group ACORN barged into a District office that auctions foreclosed homes in upscale Chevy Chase yesterday and shut it down for an hour, chanting "No sales here."
2009-02-10 09:08:42 -
Big jump in Blue Cross premiums sparks outrage (San Francisco Chronicle)
Anthem Blue Cross' decision to raise premiums for more than 80 percent of the health insurer's individual policyholders in California has caused frustration and outrage among members, many of whom have been hit with increases of more than 30 percent. San...
2009-02-10 09:41:57 -
Ireland aims for 'humane' treatment of home repossessions (National Post)
An agreement on the "humane" treatment of home repossessions will be a key part of Ireland’s recapitalisation deal with Allied Irish Banks and Bank of Ireland, the prime minister said on Tuesday.
2009-02-10 09:44:06 -
For Some, It's Finally Time to Dive Into Housing Market (WallStreet Journal via Yahoo! Finance)
First-time home buyers made up 41% of all buyers, as people who sat on the sidelines are suddenly in a position to grab some great deals.
2009-02-10 09:54:46 -
The Tricky Question of Whether to Spend or Save (New York Times)
It is hard to choose whether to save money as a cure for the spending free-for-all we used to indulge in, or to spend to stimulate the economy. But there are a few ways to help both your finances and the country?s.
2009-02-10 10:02:49 -
House-purchase tax credit not the solution for some (Marietta Daily Journal)
The mind-boggling $838 billion "stimulus" bill that passed the Senate included Sen. Johnny Isakson's amendment to give a tax credit of up to $15,000 on the purchase of a home.
2009-02-10 10:14:52 -
Short Stocks: Bets build against energy - Reuters UK
NEW YORK, Feb 10 (Reuters) - Short interest edged higher on the Nasdaq and New York Stock Exchange in late January, the exchanges said on Tuesday, suggesting a slight increase in bearish sentiment in the stock market. On the NYSE, short interest rose ...
2009-02-10 08:11:00 -
Why Markets Dissed the Geithner Plan - Wall Street Journal
One of the cool things about being Treasury Secretary is that you get your signature on dollar bills, giving them authority, defending their honor. Timothy Geithner's plan to save the struggling banking system probably does the opposite, throwing ...
2009-02-10 09:01:00 -
Dolan Media Company to Report Fourth Quarter and Year-End 2008 ... - PR Inside
Dolan Media Company (NYSE: DM), a leading provider of business information and professional services to the legal, financial and real estate sectors in the United States, today announced that it will report its financial results for the fourth ...
2009-02-10 02:56:00