World Business Gas prices are up 33 percent from last year but instead of giving up their vehicles, Americans are continuing to buy gas-guzzling cars The global oil market may be soaring
Race to fix loans BORROWERS are rushing to fix home-loan interest rates, fearing higher petrol prices will lead the Reserve Bank to raise official rates.read more...
Anworth Mortgage Asset initiated with market outperform (New Ratings) NEW YORK, July 10 (newratings.com) - Analysts at JMP Securities initiate coverage of Anworth Mortgage Asset Corporation ( AOG.ETR ) with a "market outperform" rating. The 12-month target price is
Exotic Mortgages Explode in Bay Area In the Bay Area, almost three- quarters of mortgage loans taken out last year allowed borrowers to delay the payment of principal and, in some cases, interest, according to data
Mortgage Lenders Reduce Dividends (Los Angeles Times) Two Southland mortgage lenders slashed their stock dividend payments Tuesday, another sign of the squeeze on industry profits fueled by rising short-term interest rates, intense competition and worries about loan
Man caught stealing wire from home work site As Princeton police searched a neighborhood for someone stealing lumber from a construction site, police caught another man trying to burglarize a home that was still being built.read more...
WASHINGTON —The Federal Reserve nudged a key interest rate up to the highest level in nearly five years on Tuesday as Alan Greenspan brought his long tenure as chairman of the U.S. central bank to a close.
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