Mortgage and Financial News From 2010-8-1 Page 01
Previous Day: 2010-07-31
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Loan rates dip to 4.54%, but sales still sluggish
Mortgage rates dropped to the lowest level on record for the fifth time in six weeks, making homebuying and refinancing the most attractive in decades for those who can get loans.
2010-08-01 02:17:16 -
Countys housing market sees ray of sunshine at last
Over the past year, mortgage defaults and home foreclosures have dropped sharply in San Diego County, sparking hopes that the worst of the housing crash is in the past and that the market will continue to improve in the near future.
2010-08-01 02:20:36 -
Habitat for Humanity builds up Cenla community
Alexandria resident Lisa West wasn't surprised to hear about the recent accolades bestowed upon Habitat for Humanity, which was named No. 8 on the Builder 100 list. She's been working with the organization for the past several months in her quest to become a homeowner.
2010-08-01 02:59:40 -
Week in review
ONEOK Partners LP will ramp up its natural gas liquids capacity significantly with up to $730 million in pipeline and fractionation projects over the next three years, the Tulsa-based company announced ...
2010-08-01 03:04:30 -
Financial Report
Positive news for housing market Positive news continues to be reported in the metropolitan Shoals housing market, at least in the categories of foreclosure rates and the number of house owners who are 90 days or more late paying their mortgage payments.
2010-08-01 03:45:08 -
Pay off debt before house shopping
Dear Dave, I'm 31, single, and I have two college degrees. I have no money to speak of, having just come through a rough patch of unemployment, but I recently landed a job that will pay me $20,000 to start. There's the added possibility of an increase to $40,000 in the first year. I'm thinking about buying a house, but I've also got $50,000 in student loan debt. The good news is that I have no ...
2010-08-01 04:16:21 -
Hawaii's mortgage market: Have we reached the perfect storm?
It is an obvious understatement to say it has been a turbulentfew years for the U.S. mortgage industry. However, looking at thebig picture, we may have reached a perfect storm for the savvyinvestor looking to buy in Hawaii.
2010-08-01 04:45:55 -
China central bank vows to keep policy stable in H2
China central bank vows to keep policy stable in H2
2010-08-01 04:52:59 -
Is Inflation or Deflation the Bigger Threat? Users Weigh In
Most expect a one-two punch: deflation followed by inflation.
2010-08-01 06:00:00 -
Northern Colorado's economic recovery in progress, but stumbling blocks loom
A year ago, Advanced Energy slashed jobs, cut pay and shut down its Fort Collins plant for 13 weeks to save about $8 million.
2010-08-01 06:28:16 -
Vacation condo deals not risk-free
Dear Real Estate Adviser, I want to buy a vacation condo and rent it out as an investment. What are the pros and cons? I want to start small and buy with cash. Is this the time to do it?
2010-08-01 06:40:47 -
Australia's Central Bank Poised to Hold Rates in `Good News' for Gillard
Australias central bank may keep its benchmark interest rate unchanged for a third month after inflation slowed, averting an increase in mortgage costs that risked damaging Prime Minister Julia Gillards election campaign.
2010-08-01 09:29:35 -
The real battle to pay the bills
THE pressure on household budgets is being drastically understated by the official measure of inflation.
2010-08-01 09:37:12 -
Weekly Summary and Schedule, August 1st
The key economic report this week will be the July Employment Report to be released on Friday. It will be a busy week ... On Monday, the Census Bureau will release Construction Spending for June at 10 AM. The consensus is for a 0.5% decline in spending (although the tax credit related decline will show up in the July report).
2010-08-01 11:02:29 -
Central bank vows to keep policy stable in 2nd half
BEIJING: China will stick to a relatively loose monetary stance in the second half of this year, with an emphasis on implementing policy flexibly, the People's Bank of China (PBOC) said yesterday.
2010-08-01 11:04:17