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UK's Brown to press banks to cut interest rates - Denver PostLONDON—British Prime Minister Gordon Brown said Friday he will be pressing bankers to pass on lower interest rates to consumers after the Bank of England moved to reduce its key lending rate to the lowest level since 1951. The Bank of England on ...
Colorado mortgage rates decline - Denver Business JournalMortgage rates in Colorado declined during the past week, echoing a national trend sparked by the federal government’s decision to buy mortgage-backed securities. Zillow Inc. reported the decline Tuesday. The Seattle-based real estate website in ...
Financial industry pushes for lower mortgage rates - Denver PostWASHINGTON—Financial industry lobbyists are urging the Treasury Department to take steps to lower mortgage rates and help stabilize the battered U.S. housing market. Under one proposal, Treasury would seek to lower the rate on a 30-year mortgage to ...
Bernanke: More Must Be Done About Foreclosures - News 4WASHINGTON (AP) ― Federal Reserve Chairman Ben Bernanke called on the government Thursday to ramp up efforts to stem soaring home foreclosures, which are feeding into the country's deep economic troubles. Although a flurry of actions have been ...
Mortgage warnings went unheeded - Rocky Mountain NewsDamage from the housing crisis includes this foreclosed house in Denver. By the end of June, a record 9 percent of American homeowners were in foreclosure or behind on their mortgage. The Bush administration backed off proposed crackdowns on no-money ...
Underwater mortgages a maze of headaches for homeowners - Indiana GazetteDavid Craig knows how draining it can be to make payments on a home that is worth less than the mortgage debt on it. The Colorado resident and his wife have struggled the past two years to carry not one but two homes valued at less than what's owed ...
Friendly Dealings - NationalJournal.comNorm Coleman is a man of many faces--politically, that is. As a student activist at Hofstra University on Long Island nearly four decades ago, the long-haired Coleman ardently protested against the Vietnam War. Before long, however, the student who ...
Boulder Valley to hike its preschool rates - Daily CameraJulian Aldama learns colors with teacher Isabelle Smith by building with Duplo blocks Tuesday during the preschool playtime at Pioneer Elementary in Lafayette. The Boulder Valley School District is increasing its preschool tuition from $250 a month ...
Register for FREE - Wall Street JournalPlease register to gain free access to WSJ tools. An account already exists for the email address entered. The tests continue. Weakness was anticipated, but for most of the session, it appeared as if only minor damage would be inflicted upon the ...
Business Commentary: The fluffy money meltdown—Part II - Green Valley News and SunEditor’s Note: This is the second of a two-part series. Part I appeared in the Wednesday edition of the Green Valley News and Sun. As the real estate market boomed and millions of mortgages were set up, big banks and other financial institutions ...
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