Mortgage REIT?s Are Aloft, but Dangers Remain (New York Times)
The direction of a sector may depend in part on the Fed?s next moves.
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EU Leaders Warn on Euro "The European Commission is considering we could have growth of 1.8 or 1.9 percent." The European Commission may cut its growth forecast for the euro zone economy this year,
OHS student wins state contest "Winning the entrepreneurship competition at the state level is not easy" Kelsey Danca, a junior at Oswego High School, brought some recognition to the school and Oswego last month
How Low Will Real Estate Go? Get used to it--the seller's market is closing up shop. The days of fat, fast home value increases are gone.read more...
Payday loans under attack One of the nation's top banking regulators last week announced new efforts to develop alternatives to payday loans and other high-cost products, citing a huge gap in the cost of
Banks Loosen Up Mortgage Loan Rules As Interest Rate Hikes Dampen Demand (Investor's Business Daily via Yahoo! News) Banks continued to loosen their standards for making residential mortgages even as they reported weaker demand over the last three months, said a Federal Reserve survey of banks' senior
Oil price spikes raise cost of paint Decorators are fond of saying that the cheapest way to jazz up a room is to repaint it. read more...