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News about Mortgages:
Bernanke: lower interest rates are ‘‘feasible’’ - Jackson SunWASHINGTON — Federal Reserve Chairman Ben Bernanke said Monday that further interest-rate cuts are ‘‘certainly feasible,’’ but he warned there are limits to how much such action would revive an economy likely to stay weak well into next ...
Feds pledge $800B to loosen credit - Jackson SunWASHINGTON - Rolling out powerful new weapons against the financial meltdown, the Bush administration and the Federal Reserve pledged $800 billion Tuesday to blast through blockades on credit cards, auto loans, mortgages and other borrowing. Total ...
Granholm finally can stop blaming Engler - MLive.comJACKSON — After looking through the Voice of the People recently, a couple of thoughts come to mind. 1. After almost six years of Gov. Jennifer Granholm, how could anyone still be blaming John Engler for the problems in Michigan? Does the finger ...
Treasury Yields Drop to Record Lows as Bernanke Cites Buybacks - BloombergDec. 1 (Bloomberg) -- Treasuries rose, pushing yields to record lows, as Federal Reserve Chairman Ben S. Bernanke said the central bank may purchase Treasuries and target long-term interest rates to combat the deepening recession. Bonds rallied for a ...
The House Folds: The Housing Market and Irrational Exuberance - NationNicholas von Hoffman : Forget big bailouts. The fed should finance non-profit state banks like the Bank of North Dakota--no profit means no reason for bankers to misbehave--to get real money to real people in the real economy. Max Fraser : The ...
The Madness of Crowds - Commentary MagazineFueled by easy credit, the real-estate market had been rising swiftly for some years. Members of Congress were determined to assure the continuation of that easy credit. Suddenly, the party came to a devastating halt. Defaults multiplied, banks began ...
Five-day rally sends Dow up 16.9%, most since '32 - Nashville TennesseanNEW YORK — Wall Street climbed again Friday, wrapping up its biggest five-day rally in more than 75 years, even as investors digested signs of a bleak holiday season for retailers and fears that a flurry of reports next week will show more economic ...
Obama weighs names for top posts - SalonSen. Hillary Rodham Clinton, D-N.Y., former first lady and one-time Obama rival for the Democratic presidential nomination. Denny Blair, retired admiral and former commander of the U.S. Pacific Command. Former Rep. Tim Roemer, D-Ind., and member of ...
Some Good Economic News in Time for the Holidays ... - StreetInsider.comPHILADELPHIA, Nov. 26 /PRNewswire/ -- Ms. Susanne Svizeny, Wachovia's regional president for Greater Philadelphia and Delaware, officially handed over a check for $40,000 during a ceremony at 802 N. Broad, head quarters of SafeHome Philadelphia. A ...
Daily Dose: Equity alternative - Topeka Capitol-JournalRoger Stirrett uses a home equity line of credit to improve his house and full-service hair salon in Topeka. "It's a very good tool," said Stirrett, owner of the Hair Port, 1015 N.W. Topeka Blvd. "I've paid it off two or three times. I have a $2,000 ...
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