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Fitch Affirms Various Martin County, Florida Ratings - CNBC
NEW YORK, Dec 04, 2008 (BUSINESS WIRE) -- In the course of routine surveillance, Fitch affirms Martin County, Florida's (the county) approximately $37 million in gas tax revenue bonds at 'A+' and $68.9 million in utility system revenue bonds at 'A ...

Proposal could drop mortgage rates to 4.5 percent - San Jose Mercury News
Silicon Valley mortgage brokers could barely contain their enthusiasm as news leaked from Washington of a proposal to reignite the dormant housing market by driving down mortgage rates to the 4.5 percent range. The plan, which reportedly could be ...

Interest rates fall; economist disagree of effects - Riverside Press Enterprise
A plunge in mortgage interest rates has triggered a burst of applications for refinancing that real estate industry analysts hope will fuel home sales and lead to a housing recovery. However, some industry observers said they do not believe lower ...

Mortgage rate drop sparks surge in consumer interest - San Jose Mercury News
Borrowers descended on the home loan industry Wednesday after the federal government's latest move to shore up the financial system sparked a sharp drop in interest rates. Valley brokers said business picked up immediately as rates dropped from 6 ...

AP IMPACT: US diluted loan rules before crash - Napa Valley Register
WASHINGTON - The Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed, buckling to pressure from some of the same banks that have now failed. It ignored remarkably prescient ...

Next question: How long? - Modesto Bee
No kidding. What's been obvious for months became official Monday: The recession is here. It's a year old nationally, in fact -- and probably even older in California. What's uncertain is how long it will last and how bad it will get. "Most people ...

ECB cuts rates, following BoE, Swedish Riksbank - Buffalo News
Europe's central banks slashed borrowing costs aggressively Thursday to try and ward off a long recession triggered by the financial crisis. Their rate cuts tried to counter a slowdown that looks longer and deeper than initially feared - but they are ...

Obama: So far so good - Napa Valley Register
With the appointment of Christine Romer to head up his council of Economic Advisors, the key person to advise the President on economic policy, Obama has put in place an economic team that consists of centrists if not right of center policy makers ...

Foreclosure-riddled Valley to get $121 mil in federal aid - AZCentral.com
Metropolitan Phoenix's ailing housing market is getting a boost from the federal government. Early next year, Arizona will receive $121 million to combat the state's growing foreclosure problem. Most of the money must be spent to buy and fix up ...

George Chamberlin's Money in the Morning - San Diego Daily Transcript
It's still more than a month before the Obama administration takes charge but there already appears to be some squabbling between the candidate for the top Treasury job and the current head of the FDIC. Reports say that Tim Geithner, the president of ...