Officials consider phased-in monorail For three years, leaders of the Seattle Monorail Project promised to build an entire 14-mile line or none at all.read more...
UK lenders in credit crisis meeting "Although the Bank of England has cut rates in recent months, the banks have not always been passing those reductions to their customers" Lenders have been summoned to meet
Man faces four years for illegal dredging A former N.C. Ferry Division employee could spend up to four years in prison and pay fines totaling in the hundreds of thousands of dollars for ordering the illegal dredging
Understand the fine print in an 'option' adjustable rate mortgage (The Morning Call) For Los Angeles newlyweds Joseph and Jamie Horton, the deal looked too good to pass up: a mortgage with an initial 1.75 percent interest rate and payments that wouldn't adjust
Lloyds TSB trims mortgage rates (Reuters via Yahoo! UK & Ireland News) Lloyds TSB has trimmed its mortgage rates for the second time in 11 days in the latest sign that lenders are responding to a slight easing in wholesale borrowing costs.read
Fed Chairman challenged on inflation The chairman of the House Financial Services Committee took aim Thursday at the Federal Reserve's belief that inflation rather than slow growth poses the greatest risk to the economy.Commentread more...
Mortgage rates around the country, which have been trending upward, dropped this week, offering a dose of good news for prospective home buyers. Mortgage giant Freddie Mac reported Wednesday in its weekly survey that rates on 30-year, fixed-rate mortgages averaged 6.28 percent. That’s down sharply from last week’s rate of 6.37 percent, which was…
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