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Fed Aid Sets Off a Rush to Refinance - Wall Street Journal
The Federal Reserve's attempt to stabilize the housing market set off a chain reaction across the U.S. on Tuesday, dropping interest rates and quickly spurring a burst of refinancing activity by borrowers eager to lower their mortgage costs. Some ...

People draw unemployment benefits at 26-year high - Buffalo News
More evidence of consumers' weary state and the nation's deteriorating job market came Thursday with reports that people continuing to draw unemployment benefits climbed to a 26-year high, while retail sales and orders to U.S. factories sank. The ...

Bernanke: lower interest rates are "feasible" - Buffalo News
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 year. The Fed's key interest ...

Should I rent or should I buy? It's possible to do both - Chicago Tribune
It's a sign of the times. Not only are a lot of homes available for sale or rent. They also are available for rent with the possibility of buying them outright after a period of time. Lease-option and lease-purchase agreements are back. A popular ...

Dealing with underwater mortgages - Denver Post
David Craig knows how draining it can be to make payments on a home that is worth less than the mortgage debt on it. The Brighton-area resident and his wife have struggled the past two years to carry not one, but two, homes valued at less than what ...

A compilation of Sun stories that offer health advice - Batavia Sun
According to a 2006 study of online health searches by the Pew Internet and American Life Project, 80 percent of American Internet users, or some 113 million adults, have searched for information on health topics. The project, an initiative of the ...

Local lender key in meltdown - Denver Post
A Douglas County company that became a major player in the nonprime mortgage market was at the heart of a strategy that helped push Lehman Brothers into bankruptcy. Aurora Loan Services, a Lehman subsidiary, made home loans to borrowers with credit ...

Daily Voice « - Village Voice
Lehman Brothers CEO Dick Fuld told Congress on October 6 that the Wall Street investment bank was destroyed by a "financial tsunami"—a natural disaster, an act of God. In other words, it wasn't his fault. But the truth is that Lehman's fall in the ...

Crunched by market numbers - Denver Post
The crisis in the world's financial markets is being felt by local Colorado governments that borrowed money for projects by using variable- interest-rate financial instruments. Like homeowners stuck with a floating-rate mortgage, chief financial ...

New home loans plan could still be too late for some - KUSA-TV
On Tuesday, the federal government and members of the mortgage industry announced a sweeping plan to help troubled homeowners. Borrowers could get reduced interest rates or longer loan terms to make their payments more affordable. The plan focuses in ...



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