Dec. 5 (Bloomberg) -- European Central Bank President Jean- Claude Trichet is under pressure to outline a plan to revive the euro region’s economy should he be “trapped” into pushing interest rates closer to zero. Even as Trichet delivers the ...
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If the city of Adrian pursues refinancing some of its debts, it will spend more than $10 million when the cost of the city hall complex is included. City administrator Dane Nelson said at a pre-meeting scheduled before the commission’s regular ...
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MORE than 40,000 unlucky people have been caught out in a fixed mortgage rate trap, having taken out their loan at the highest fixed interest rates in a decade, denied any saving from the recent cuts and confronting costly break fees if they decide ...
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NEW YORK (CNNMoney.com) -- Federal Reserve Chairman Ben Bernanke said Thursday that the government must do more to address foreclosures. Bernanke, speaking at a Fed conference in Washington, D.C., said that beyond just keeping homeowners in their ...
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Unitech, the Delhi-based property major, has applied to the Haryana government to develop houses in the Rs 7 lakh to Rs 15 lakh range in Gurgaon. These are high-density, four-storied buildings in the 450 to 800 square feet range. “Affordable ...
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New York: The lowest mortgage rates in three years are luring first-time buyers and cost-cutting refinancers, but falling home prices and mounting unemployment will keep US housing in its deepest slump since the Great Depression. Applications to buy ...
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The Federal Reserve's decision to buy up mortgaged-backed securities caused mortgage rates to fall and created new opportunities. Should you refinance your mortgage now? Before you rush to refi, take a few minutes to determine if it's the right move ...
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