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Mortgage crisis' next stage looms Owners of malls, hotels about to ... - FortWayne.comWASHINGTON — The full scope of the housing meltdown isn’t clear and already there are ominous signs of a new crisis — one that could turn out the lights on malls, hotels and storefronts nationwide. Even as the holiday shopping season begins in ...
Washington student seeks help in court - 22 WSBTStory Updated: Nov 27, 2008 at 1:39 PM EST At Washington High School’s girls basketball game Friday night against Fort Wayne Luers, Jasmine Watson will be there, wearing green. But the senior hoops star will sit behind the Washington team’s bench ...
Mayor appoints assistant city treasurer - Eunice NewsCity Treasurer Droucy Rougeau has decided to retire, effective January 2010. On Monday, Mayor Bob Morris appointed Becky Thibodeaux Hill as assistant treasurer, preparing, he said, for Rougeau's retirement. Hill has most recently been FEMA ...
Taxing situation - Evening StarThe future of Allen County’s two largest taxpayers is in doubt. General Growth Properties, which owns Glenbrook Square Mall, pays more than $5 million in taxes each year on the shopping center property, which is valued for assessment purposes at ...
SEAL trainee’s mom sets out to free him - Richmond Times-DispatchVIRGINIA BEACH Not for one moment did Linda Summitt believe her son had committed murder. She first recognized trouble in Dustin A. Turner's voice when he called home to Bloomington, Ind., on June 27, 1995. "I have to tell you something," he said. "I ...
Consumer credit to get boost - Miami HeraldWASHINGTON -- Treasury Secretary Henry Paulson, warning that ''millions of Americans cannot find affordable financing for basic credit needs,'' announced a major expansion of the federal bailout on Tuesday -- as much as $800 billion to make mortgages ...
Efforts are under way to head off foreclosure - Philiy.comAt least four huge U.S. mortgage companies and two federal agencies are trumpeting programs to combat the home-foreclosure epidemic that is crippling the economy. But will they work? They are among a slew of efforts, but "none of them have really ...
Ahead of the Bell: Construction Spending - MSN MoneyCentralWASHINGTON (AP) - Construction spending is expected to have dropped in October and to keep falling for some time to come as builders struggle with a severe slump in housing and a credit crisis that is affecting their ability to get loans for other ...
New home sales fall to slowest pace since 1991 - Akron Beacon JournalWASHINGTON: Sales of new homes fell in October to the lowest point in nearly 18 years while the median price of a new home dropped to the lowest level since 2004. The Commerce Department reported today that new home sales decreased 5.3 percent last ...
October construction spending drops 1.2 percent - Deseret NewsWASHINGTON — Construction spending fell by a larger-than-expected amount in October, another indication the problems facing builders in the form of a sinking economy and severe credit crisis are deepening and likely to persist. The Commerce ...
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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