Mortgage and Financial News From 2010-9-30
Previous Day: 2010-09-29
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Money Watch Q & A: Mortgage Lending
Are you hoping to refinance your mortgage? We will talk about your options in tonight's "Money Watch Q & A".
2010-09-29 04:41:25 -
Will mistakes: I've made a few
Failing to assign power of attorney is Mistake #1, according to estate-planning experts
2010-09-29 07:11:29 -
Could a 5-year ARM save you money?
With mortgage rates so low, it might be tempting to lock in a rate for 30 years. But that decision is hardly a no-brainer. Here's what you need to consider.
2010-09-29 08:02:42 -
Lack of money, students could close San Antonio Boys Village in Pasco County
By Lisa Buie, Times Staff Writer Wednesday, September 29, 2010 SAN ANTONIO, Fla. — A year after having its contract pulled by the state and transforming itself into a private day school for troubled kids, the San Antonio Boys Village is on the verge of closing for good. The problem? No money and not enough students. "We needed to have a pretty full house," said Al Capodiferro, the 67-year-old ...
2010-09-29 08:05:23 -
Quicken contest to pay off a client's mortgage
Quicken Loans plans to celebrate its 25th anniversary with a contest that would pay off the mortgage of one of its customers.
2010-09-29 09:25:05 -
Chinese philanthropy:
Bill Gates and Warren Buffett have star power, but even they may struggle to persuade China's billionaires that celebrity philanthropy is a must. Chinese billionaires feel insecure about their wealth, and trustworthy charities are lacking.
2010-09-30 12:02:18 -
Jennifer Openshaw: Your car may hold key to big savings
Refinancing your car loan can save you money, and new tools make it easier to shop around for a loan, writes Jennifer Openshaw.
2010-09-30 01:42:10 -
Headlines: GalaxE.Solutions to add space
GalaxE.Solutions, an information-technology company specializing in custom software solutions, has agreed to lease a third floor of the 1001 Woodward office tower in downtown Detroit for a total of 40,000 square feet of space. In May, New Jersey-based GalaxE announced plans to occupy two floors.
2010-09-30 02:41:09 -
Banks got bailed out; what about homeowners?
All I hear from everyone in the area home improvement and construction businesses is that their customers can't get money from the banks to do any work.
2010-09-30 04:10:11 -
Rates remain at record lows
Mortgage rates remained in record low territory this week. Loan officers say they're busy, even as mortgage applications decrease slightly. The benchmark 30-year fixed-rate mortgage was unchanged this week, at 4.5 percent, according to the Bankrate.com national survey of large lenders.
2010-09-30 05:40:47 -
Rotech Healthcare Inc. Announces Pricing of Private Offering of $230 Million Senior Secured Notes
ORLANDO, Fla.--(BUSINESS WIRE)--Rotech Healthcare Inc. Announces Pricing of Private Offering of $230 Million Senior Secured Notes
2010-09-30 05:55:52 -
Fitch Rates California Pollution Control Fin Auth's 2010 VRDBs (Athens Services Prj) 'AA-/F1+' - Yahoo Finance
... Authority variable rate ... the interest portion of the LOC. Expiration of a LOC without a renewal or provision of a substitute LOC results in a mandatory redemption of the bonds on a date not less than five calendar days preceding the then current ...
2010-09-29 01:06:00 -
Fitch Revises TBTA's L-T General Rev Var-Rate Bonds Series 2001C to 'AA'; Confirms S-T - Yahoo Finance
... rate bonds, series 2001C (the bonds). The rating actions are in connection with the replacement of the current letter of credit (LOC ... component of purchase price plus an amount equal to 196 days of interest calculated at a maximum rate of 12%,
2010-09-29 03:00:00 -
The Way To Get Back Into The Market When You're Gun Shy
Divide your portfolio into goal-based, liquidity and catastrophe buckets.
2010-09-27 04:15:01 -
Interest rate slides on county investments
With the economy looking grim for the near future, the county treasurer is hoping to get the best deal she can by investing $2.1 million of the county's funds in a local bank. Each year, the treasurer comes to the commissioners and makes a recommendation where to invest four certificates of deposit — three valued at $500,000 and two for $300,000.
2010-09-29 08:12:58