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Preview from Europe: Falling Mortgage Rates Give Late Boost to Stocks - Seekingalpha.com
Mortgage rates fell for the first time in aeons yesterday (to 5.5%) giving homebuilding stocks a bid and driving a tentative late rally. There is an expectation that this could soon fall to 4.5%, giving hard pressed homeowners a chance to refinance ...

'Double-digit' house price drop - BBC Business
In May to August, there was an average of 54,488 transactions every month, down from 118,165 compared with the same period last year. The figures show that transaction levels have dropped by a similar level, irrespective of the value of the ...

Brown helps crunch victims keep homes - Scotsman
VICTIMS of the economic downturn can have their mortgage interest payments delayed for up to two years under a government scheme to avoid homes being repossessed, Gordon Brown announced yesterday. The scheme is due to start early next year and will ...

House sales pick up but price trend is still downward - Times Online
House prices fell by 1.5 per cent last month, wiping about £2,500 off the value of an average home, official figures show. This was the fourteenth consecutive monthly fall, pushing the average price down to £165,529, according to the Land Registry ...

Queen's speech and Michael Martin's statement - live - Guardian Unlimited
• Read the news story on the Speaker's statement here Queen Elizabeth II and Prince Philip enter the royal gallery through the north door. Photograph: Rex Features Photograph: Nils Jorgensen /Rex Features 11:32am: The state opening ceremony is ...

Justin Yu - CNET News
Back in September , we introduced you to Logitech's newest diNovo Keyboard for Notebooks. CNET's Rich Brown expressed confusion as to why we actually need a "for Notebooks" model, and after doing a full-length review , I must agree. There's ...

Delta, Northwest airlines post traffic declines - Milwaukee Journal Sentinel
Dec. 4, 2008 2:50 p.m. | Delta Air Lines Inc. today reported November traffic declines for both its Delta and Northwest Airlines units. For the Delta operations, revenue passenger miles in the United States dropped 10.5% compared to November 2007 ...

House Race Update: Ohio Sup. Ct. to Rule on Franklin County Votes - ABC News Blogs
ABC News' Teddy Davis and Arnab Datta Report: A federal appeals court ruled Tuesday that the Ohio Supreme Court -- and not a federal district court -- is the proper forum to decide how approximately 1,000 challenged provisional votes should be ...

From the police report... - Spokane Spokesman-Review
State Rep. Geoff Simpson, D-Covington, was arrested Sunday afternon on charges of fourth degree assault and interfering with reporting of domestic violence. He says -- see below -- that the charges are baseless and that he'll be exonerated. In ...

Big gains in financials help send TSX soaring 517 points; N.Y. closes ... - Sympatico
"The bank shares have all been whacked," said Andrew Pyle, wealth adviser at ScotiaMcLeod in Peterborough, Ont. "We've had the pre-result warnings out and the markets digested it and I think financials should be OK barring another shock wave that ...

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Today's Mortgage Terms starting with R

  • Refinancing: The repaying of a debt with the proceeds from a new loan using the same property as collateral. The reason for refinancing is to get a lower interest rate.
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