Mortgage and Financial News From 2009-4-2 Page 21
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Vehicle fire suspicious, St. John's police say (CBC Newfoundland and Labrador)
Police in St. John's suspect a fire that burned in a vehicle on a residential street Wednesday night was not an accident.
2009-04-02 04:54:01 -
No merit found in complaint about Clarenville jail (CBC Newfoundland and Labrador)
The staff at a jail for women in eastern Newfoundland has been cleared in an investigation that focused on allegations of excessive force, the RCMP said.
2009-04-02 04:54:11 -
(AFX UK Focus) 2009-04-02 10:45 S.Korea Kia's U.S. sales unit raises $305 mln loan (Interactive Investor)
GOYANG, South Korea, April 2 (Reuters) - Kia Motors Corp's U.S. sales unit has raised $305 million in an asset-backed loan from six U.S. banks to refinance maturing debt, officials at South Korea's No.2 automaker said on Thursday. Kia raised the three-year loan from Wells Fargo, Bank of America, JPMorgan Chase and three smaller banks in the United States at lower than 450 basis points over ...
2009-04-02 05:09:06 -
VTB lends diamond miner Alrosa $100 mln (Part 2) (Interfax)
MOSCOW. April 2 (Interfax) - VTB (RTS: VTBR) has opened a credit facility of $100 million for diamond miner Alrosa to top up working capital, Alrosa said in materials. Alrosa's supervisory board approved the deal on February 16 and the deal was closed on March 19.
2009-04-02 05:15:00 -
Judge's decision puts Wolverine back to work (The Shawano Leader)
A circuit court judge Wednesday gave some breathing room to Wolverine Fire Apparatus by clarifying an injunction imposed last month that had frozen the company’s bank account.
2009-04-02 05:34:10 -
Fayetteville family sees ultra-low rates, but still can't nab ... - KFSM.com
FAYETTEVILLE - Great mortgage rates may not be simple to pin down, even though they're at the lowest they've been in decades, according to national reports. Many locals say they're facing this challenge of re-financing woes. The Caraways have been ...
2009-03-25 04:52:00 -
Regulatory reform plan unveiled - Structured Credit Investor (subscription)
Regulatory reform plan unveiledStructured Credit Investor (subscription), UKMultifamily delinquency rates are above 3% for all vintage stratifications, according to the BarCap analysts. They also note that a large volume of multifamily loans transferred to special servicing-current status in recent months. ...
2009-04-02 03:18:39 -
European Central Bank set to cut rates again today - Malta Business Weekly
European Central Bank set to cut rates again todayMalta Business Weekly, MaltaThe US Fed and the Bank of England have taken their benchmark interest rates just about as low as they will go – in the US, the Fed funds rate is down in a range between zero and 0.25 per cent while in Britain the Bank Rate has fallen to 0.5 per cent ...
2009-04-02 03:29:10 -
New York Landlord's Portfolio Goes Into Special Servicing - CoStar Group
New York Landlord's Portfolio Goes Into Special ServicingCoStar Group, MDCurrently, New York City landlords cannot increase rental rates on rent stabilized units more than approximately 4% annually until they reach $2000 per month and the tenant income exceeds $175000 for two consecutive years. New York state is proposing ...
2009-04-02 03:30:18 -
House price drop tails off in the west - The Firm
House price drop tails off in the westThe Firm, UK"There is no doubt that steep falls in interest rates have taken the pressure off some home owners and made buying more affordable for some. Most importantly, there are some early signs of an improvement in mortgage lending. ...
2009-04-02 03:31:55 -
Thinking of doing Home Renovations this year? - Winnipeg Free Press
Thinking of doing Home Renovations this year?Winnipeg Free Press, CanadaThe average Canadian has 3 credit cards and can benefit from todays low mortgage rates. Parnell suggests that by refinancing their existing mortgage and using the money to pay out debt, clients can normally lower their monthly payments by $300-500 per ...
2009-04-02 03:34:12 -
House Republicans Release Low Tax, Less Spending Federal Budget - CNSNews.com
House Republicans Release Low Tax, Less Spending Federal BudgetCNSNews.com, VAIn addition, the budget would permanently extend the Bush tax cuts of 2001 and 2003, reduce corporate tax rates to 25 percent, and would repeal much of the economic stimulus spending signed into law by President Obama earlier this year – spending which ...
2009-04-02 03:38:44 -
Rate Watch: annuity rates set to fall further - CityWire.co.uk
Rate Watch: annuity rates set to fall furtherCityWire.co.uk, UKBut buy to let investors facing arrears and looking to cut their mortgage costs are having a tough time with many unable to remortgage at a cheaper rate because their loan is now more than 75% of the property’s value. ‘There are virtually no buy to let ...
2009-04-02 03:39:55 -
House prices rise, but the trend is still down - Money High Street
House prices rise, but the trend is still downMoney High Street, UKMortgages rates are the lowest ever and there are some amazing deals if you have a large deposit and a good credit report. People have to move because of changes in personal circumstances or a job move so there is still a large demand for housing. ...
2009-04-02 03:42:46 -
Fresh hope sends London shares over 4000 - Times Online
Fresh hope sends London shares over 4000Times Online, UKThe European Central Bank is due to meet later today and is widely expected to cut interest rates by 0.5 per cent to 1 per cent. There is also speculation it might announce plans for unconventional policy stimulus measures such as quantitative easing ...
2009-04-02 03:50:30