Mortgage and Financial News From 2008-5-26 Page 12
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INTEREST RATE WILL BE CUT TO 4.5%, SAY EXPERTS - Daily Express
Analysts believe that, in spite of rising inflation, the basic rate will be reduced from five per cent by 0.5 per cent. The cut will mean monthly repayments on an average £100,000 mortgage dropping from £591 to £561, an annual household saving of ...
2008-05-25 03:52:00 -
Banks tightening loan standards following mortgage meltdown - Kingsport Times-News
Dr. Dwight Debow and wife, Carol, stand in front of their new home in the Old Island housing development. Ned Jilton II photo. KINGSPORT — Dr. Dwight Debow and his wife, Carol, have purchased several homes in Kingsport in the past 30-plus years ...
2008-05-22 05:57:00 -
Market Mover - American Reporter
BOCA RATON --Can the individual investor buy the same U.S. government agency bonds purchased by his or her bank, insurance company, mutual fund, or trust company? Well, let's just say it depends. It depends upon your sophistication and net worth, and ...
2008-05-25 11:37:00 -
House Of Cards: The Mortgage Mess - CBS News
Since last summer, Americans have seen their investments shrink and their property values plummet. At the heart of the problem is something called the subprime mortgage crisis, which began back then and continues to ricochet through the economy. It ...
2008-05-25 04:35:00 -
Elderly bilking sounds alarm (The Palm Beach Post)
The one thing James Smith told people he wanted to do before he died was face Doris Gilliam in court.
2008-05-25 10:14:30 -
Homes for sale - on the Web (San Bernardino Sun)
Stumped by depressing sales numbers, the Inland Empire's market for new homes is forcing certain builders to fast-track inventory straight to the auction block. Some are even doing it over the Internet to cut costs.
2008-05-25 11:02:08 -
Saudi banking sector is set for new credit growth cycle (Zawya)
26 May 2008 The Saudi banking sector is projected to be among the most profitable and efficient in the GCC region with a net interest spread of 3.5 per cent, return on equity of 24 per cent, and an average capital adequacy ratio (CAR) of around 15 per cent, according to a report by EFG Hermes.
2008-05-25 11:29:35 -
'I don't auction jewelry or furniture, just real estate' (London Free Press)
When Matt Drake suggested to his wife, Wendy, that they try selling their Byron home by auction, her initial reaction was decidedly cool. "We had to sell the home when mom moved out," he explains.
2008-05-25 11:46:48 -
Pioneers show Americans how to live ‘off-grid’ (Philippine Daily Inquirer)
BISBEE, Arizona--With energy prices going through the roof, an alternative lifestyle powered by solar panels and wind turbines has suddenly become more appealing to some. For architect Todd Bogatay, it has been reality for years.
2008-05-26 12:01:20 -
Mr and Mrs expenses: MP couple get £175,000 for a flat ... and their house is just 30 minutes away (Daily Mail)
A husband and wife who are both MPs have used £175,000 of taxpayers’ money to help buy a flat near Parliament – while they already have a constituency home nine miles away.
2008-05-26 12:34:46