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Today's Mortgage Terms starting with N Notice of Default: A step in the foreclosure process in which the lender formally informs the court that the borrower is in late in payments. Non-Assumption Clause: A provision in a mortgage contract preventing the assumption of the mortgage by another borrower without the lenders permission. View all Terms

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What the rates cut means for you - News.com.au
Email article Printer friendly Text size + - Share Add to Digg Add to del.icio.us Post to NewsVine Post to Facebook What are these? WHAT does the Reserve Bank cut mean for you, and what are the repercussions for the economy? Nick Gardner investigates ...

Don't be quick to fix loans as rates to keep dropping - News.com.au
VICTORIAN house hunters have been given a new headache with last week's interest rate cut leaving them tossing up between fixed and variable loan deals. First-home buyers and those wishing to re-finance have been forced to look hard at the fine print ...

Payrolls drop nationally, unemployment at 6.1% - Evening Star
(Bloomberg) - The U.S. lost more jobs than forecast in August and the unemployment rate climbed to a five-year high of 6.1 percent, a sign that the economic slowdown is worsening two months before Americans elect their next president. Payrolls fell ...

Gas prices, parking rates spark rise in RTS riders - Democrat and Chronicle
This past spring, Barb Ryan started a daily commute from her home in Pittsford to her new job at Xerox, which took a toll on her monthly budget. The high gasoline prices and parking rates downtown prompted her to park her minivan at St. John Fisher ...

More consumers getting trapped in credit card debt - Democrat and Chronicle
A Rochester couple had a plan to make more money, with one spouse taking the leap from employee to business owner. But when the business opportunity fell through and there were still three children to feed, the couple began using credit cards for ...

Lincoln ranked No. 1 in insurance sales - Evening Star
The organization formerly known as the Life Insurance Management Research Association ranked Lincoln National Corp. at the top of the industry in life insurance sales for 2007. The Philadelphia-based insurance and financial-services company does ...

Canadians support government's handling of economy: Flaherty - Globe and Mail
David Hogg from Victoria, Canada writes: Mr. Flaherty and his cabinet colleagues are economic heroes and legends in their own tiny little minds. The biggest difference in the US economy and ours is reflected in the mortgage market and housing market ...

McCain's Annoying Little Fraud - Slate
( Pierre, S.D .) McCain would like everyone to think his campaign imploded last summer because of his courageous support for the surge in Iraq : I fought for the right strategy and more troops in Iraq, when it wasn't a popular thing to do. And when ...

The balancing act we had to have - The Australian
THE political debate on economic policy, both inside parliament and out, is largely puerile. The only useful, if obvious, bit of advice from Kevin Rudd this week was that there are more tough times ahead for Australia's households; sorry, working ...

Don't bank on more cuts, says RBA - The Age
THE Reserve Bank has signalled that its latest interest rate cut - the first in seven years - could be a one-off as a plummeting Australian dollar injects new uncertainty into the economy. But the warning did little to alter expectations in the ...