U.K. Consumers Cut Back on Beer, Shoes as Mortgage Crunch Looms (Bloomberg.com) July 31 (Bloomberg) -- Ben Craster says he'll be drinking less beer this summer, and Christine Baines is cutting back on clothes and cosmetics. They're among the millions of Britons
India raises key short-term lending rate on inflation concern The Reserve Bank of India announced a surprise 0.25 points hike in key short-term lending rates to 5.0 percent on concern that high oil prices will stoke inflation in Asia's
Home show, planetarium offer family appeal this weekend It's a weekend of home improvement, sky-gazing and music in the Upstate. Three very different activities are among the events families might want to check out.read more...
Midwest Mortgage Foreclosures Up Significanty The foreclosure rate in the Midwest is up significantly. This may be a harbinger of things to come as the Midwest has seen anemic property value growth in the last
About 123,000 La., Miss. borrowers behind on mortgage payments (The Times) NEW ORLEANS -- About 123,000 borrowers in Louisiana and Mississippi are behind on their mortgage payments even though most took advantage of delayed payment plans in the weeks after Hurricane
Chicago Area Families Face Excessive Housing Costs CHICAGO Rising land costs and expensive new construction have hundreds of thousands of Chicago-area families paying more than they can afford for housing, and the trend is likely to worsen,
Property taxes will continue to rise as long as home appraisals increase, said former DeKalb Mayor Greg Sparrow recently.
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