Experts split on rate rise "We expect the Bank of England to lift interest rates to 5.5% by May at the latest as a precautionary measure aimed at containing medium-term inflation risks and we would
Personal Finance Daily: You may want to bail on your adjustable mortgage (Market Watch) The Federal Reserve has sent a pretty clear signal to the markets that it stands ready to push interest rates higher to fight inflation. If you are a homeowner with
Quiet, Quirky Takoma Shaken by a Looming Boom Local myth has it that opening a chain store is against the law in Takoma Park. Development skipped over the downtown of this quirky enclave for so long that
HSBC shares drop after bad debt Shares of HSBC Holdings dropped more than 2 percent on Thursday after the lender announced its bad debt charge last year would be about $1.8 billion higher than expected.Commentread more...
'Ample Supply' Of Homes Leads To Slowdown: CA The LA Times has this on the Califorian housing market. "Housing starts dropped sharply in November in most of the state's major metropolitan areas, led by steep declines in single-family
Firm Estimates $11B in Mortgage Applications Misrepresented Income (Insurance Journal) Analysts at a mortgage watchdog firm say they have uncovered more than 42,000 mortgage applications, totaling nearly $11 billion, containing significant misrepresentations of the borrowers' income.read more...
By 6:30 p.m. every stool at the bar is taken. It’s a Thursday night at the White Horse Tavern, a well-worn watering hole in the shadows of lower Manhattan’s financial district, and the regulars have found a …
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