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Verizon, Kroger Lead $5.15 Billion of Bond Offerings (Update1) - Bloomberg
Nov. 18 (Bloomberg) -- Verizon Wireless , the second-biggest U.S. mobile phone service, and supermarket chain Kroger Co. led the busiest day of bond offerings in two weeks as investors took advantage of higher yields on corporate debt. Six companies ...

Families brace for holidays without a home - Reuters
THOUSAND OAKS, Calif (Reuters) - A memento with Depression-era humor helps Kristin Bertrand keep perspective as her family braces for a Christmas holiday without their home. The small ceramic dish she keeps from her grandfather reads: "Cheer up ...

Mortgage deals return after rates rebound - Times Online
Mortgage rates soared to their highest level in more than seven years last month following a sharp rise in the cost borrowing between British banks. According to the Bank of England, the average rate for a tracker mortgage pegged to the base rate ...

Banks finally shamed into 1.5 per cent rate cuts - Evening Standard
BRITAIN'S banks bowed to huge public and political pressure today to slash mortgage rates for millions. After a tense meeting with Chancellor Alistair Darling, the high street's leading names agreed to pass on "all, or most" of the Bank of England's ...

Bracing for the holidays - Macon Daily
(Pic)- Mike Bertrand is photographed with wife Kristin (2nd L), son Taylor (L) and daughter McKaylee (R) at the family's rented home in Thousand Oaks, California October 14, 2008 ( Enlarge Pic ). REUTERS/Phil McCarten THOUSAND OAKS, Calif ( Reuters ...

Repossessions jump 71% as arrears grow - Times Online
The number of repossessions in Britain soared by 71 per cent in the three months to June after more than 11,050 people lost their homes. According to the Financial Services Authority, the City regulator, the number of people losing their houses ...

Bank of England cuts interest rate by 1.5 points to 54-year low - Times Online
The Bank of England today took decisive action to shore up the economy and stave off a deep recession by ordering an aggressive cut in interest rates by 1.5 percentage points to 3 per cent, taking the base rate to its lowest level in more than half a ...

The personal cost of a global meltdown - International Herald Tribune
More than a million homes have been lost to foreclosure in the last two years in the United States. And according to data from Mortgage Bankers Association, banks are now in the process of foreclosing on 1.5 million more. The impact of the mortgage ...

2008 Gift Guide: Big boxes to make your holidays bright - Cleveland Plain Dealer
There are plenty of excuses, if you want them. The mortgage crisis. The credit squeeze. The weather (it was 60 degrees on Friday). The traffic lights on Euclid take too long to turn green. But let's face it: You and I and Aunt Ida aren't going to ...

Bank account sabotaged after customer gives call centre worker a bad ... - Times Online
It is one of the bugbears of modern life, the distant voice down a crackly line from a call centre somewhere in southern India. But George Bates, 23, has more reason to complain than most. Disgruntled by the rejection of an extension of his overdraft ...

Today's Mortgage Terms starting with V

VA Loans: Fixed-rate loans guaranteed by the U.S. Department of Veterans Affairs for the purpose of making housing affordable to eligible U.S. veterans.

Variable Rate: Interest rate that changes periodically in relation to a specific index such as treasury bills and the prime rate.

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