US mortgage crisis costs global economy 945 bln dlrs: IMF (AFP via Yahoo! News)
The International Monetary Fund said Tuesday the worldwide losses stemming from the US subprime mortgage crisis could hit 945 billion dollars.
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ECM Libra cautious on banking sector ECM Libra is cautious about the prospects for the banking sector as loan growth indicators are moderating, non-performing loan ratios are currently flat, and the economic outlook is weakening.via
Home Sales Fall; Show Faint Life-Signs New home sales fell in 2006 by the largest amount in 16 years, but they were up for a second straight month in December, raising hopes that the worst of
Drainage ordinance changes suggested The Ascension Parish Council's strategic planning committee is recommending to the full council several changes to a proposed new drainage ordinance.Commentread more...
Review: Westin Hotel, Dubai The new five-star deluxe Westin Hotel will welcome guests from the Arabian Travel Market on 5 May and is preparing to open. via AME Info read more...
Be wary of home-equity loans for college IF YOU have received a financial aid letter from a college recently and it looks like your offer may come up short, is it time to get a home-equity loan?
30-year mortgage rates end 2-week drop (Fort Wayne Journal Gazette) WASHINGTON ? Rates on 30-year mortgages, which had fallen for two weeks, resumed their increases last week. Mortgage giant Freddie Mac reported Thursday that rates on 30-year, fixed-rate mortgages averaged