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Lehman earnings up, but revenue a worry  U.S. investment bank Lehman Brothers Holdings Inc. on Tuesday said its fiscal fourth-quarter earnings rose 41 percent on record trading and banking results, though its shares slipped in premarket trade


Use Rules of Fashion for Decorating  Can you think of anything worse than wearing a pair of too-tight shoes to run a marathon? Or how about an olive green dress if your skin is pale? Horror


Mortgage Marvel, a New Mortgage-Shopping Web Site, Takes the Pain out of Online Mortgage Shopping (FinanzNachrichten)  Even in a fluctuating real-estate market, people are mortgage shopping. And according to a recent study by Forrester Research(1), they're increasingly using the Internet to research and compare mortgage rates


GERI: Announced Retail Mortgage Lending Exceeded $10 for December 2006 (Nasdaq)  Global Energy Resources Inc. (GERI) announced the results of the first month of expanded operations of its mortgage services through GERI's acquisition of Saddleback Funding, a California-based Mortgage Bank. GERI


Execs Launch Home Remodeling Community  "Remodeling accounts for 2% of the US economy and 40% of all residential construction and is expected to overtake new home construction by dollar volume within the next ten years"


Short Sale May Be an Option When Mortgage Debt Looms Too Large  A homeowner stuck with two home loans and no means for paying them looks for help. Columnist June Fletcher on a possible way out for consumers faced with a home

March 17th, 2008

Despite Fed cuts, mortgage interest rates creeping up (Sun-Sentinel)

South Floridians are inundating lenders and mortgage brokers with requests to lower their house payments, reacting to the Federal Reserve’s recent interest-rate cuts.

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