Cheap Money Fades as 10-Year Treasury Note Tops 5% The era of cheap money may finally be nearing its end. Investors pushed up the yield on the benchmark 10-year Treasury note to its highest point in nearly four years
Despite reservations, Bush ready to sign mortgage relief for 400,000 strapped homeowners (Sun-Sentinel) Congress approved mortgage relief for 400,000 struggling homeowners Saturday as part of an election-year housing plan that also aims to calm jittery financial markets and bolster the sagging economy. President
W.Va. residents have the right to free credit report Beginning the first of September, federal law gives West Virginia residents the right to a free credit report from each credit bureau, as well as a lesser known CLUE report.read
Home loan demand drops as rates hit 4-year high U.S. mortgage applications fell slightly last week, led by a decline in home refinancing loans as interest rates hit their highest in four years, an industry trade group said on
Developers Dread Return of Recourse Commercial real-estate borrowers are being forced to consider loans that would give the lenders "recourse" to the borrowers' personal fortunes -- terms that led many developers to near ruin in
St. Joseph on a roll Selling a home or condo these days can be time-consuming and anxiety provoking, so much so that some home sellers are asking for divine intervention. read more...
BUENOS AIRES, Argentina – The world financial system will need time, capital and “extensive repairs” to overcome the poor lending and oversight practices that contributed to the credit crunch, a top New York …
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