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Mortgage rates hit decades-low of 4.32 percent
Mortgage rates hit decades-low of 4.32 percent Updated Sep 2, 2010 09:22PM MDT Washington ? Mortgage rates fell to the lowest level in decades for the tenth time in 11 weeks as investors worried about the economy. The average rate for a 30-year fixed loan was 4.32 percent this week, down from 4.36 percent last week, mortgage buyer Freddie Mac said Thursday. That?s the lowest since Freddie Mac ...
Thu, 02 Sep 2010 16:36:22 -0700.
Some use recession worries to mistreat workers
SALT LAKE CITY ? In Utah's recession-choked job market, Julio Martinez sought work for four months, searching want ads daily and filing piles of applications. Finally, Salt Lake Valley Protective Agency hired him in February as a $10.50-an-hour security guard.
Fri, 03 Sep 2010 11:10:42 -0700.
LendingTree.com Weekly Mortgage Rate Pulse Reports 30-Year Fixed Rates as Low as Four Percent
Average mortgage rates fell to new lows this week, according to the LendingTree Weekly Mortgage Rate Pulse, a snapshot of the lowest and average mortgage rates available within the LendingTree network of lenders.
Wed, 01 Sep 2010 08:08:00 -0700.
New York's No. 1 in home closing costs
If you're getting a mortgage in New York, bring a fat checkbook to the closing table: Closing costs there are the highest in the nation, according to a survey by mortgage website Bankrate.com.
Thu, 02 Sep 2010 09:00:43 -0700.
Lehman Brothers, AbitibiBowater, Black Crow, W Union Square: Bankruptcy
Lehman Brothers Holdings Inc. said yesterday that it will invest another $1 billion in its two non- bankrupt bank subsidiaries, Aurora Bank FSB and Utah-based Woodlands Commercial Bank.
Thu, 02 Sep 2010 22:09:42 -0700.
Study: Pa.'s closing costs among nation's highest
For The Associated Press PITTSBURGH ? While mortgage rates have plunged to record lows, the cost of buying a home in Pennsylvania is being driven up by a related expense: sky-high closing costs.
Fri, 03 Sep 2010 03:49:50 -0700.
Update: O.C. jobless weather tough year
Leslie Caldera After biking to work for 23 years, Leslie Caldera knows a routine. There's dressing for the ride. There's fighting the traffic. There's that best route he mapped out years ago. There's changing into his work clothes after arrival....
Fri, 03 Sep 2010 00:03:12 -0700.
Associated Press Sports Watch
Here's Friday's top national sports stories from the Associated Press
Fri, 03 Sep 2010 10:25:46 -0700.
Go Invest Wisely: A Business Proposal That Turned Out to Be Anything But Wise
This week, housing experts headed to the Federal Reserve in Washington DC to talk about foreclosures and what happens to the vacant houses left behind. One of the issues discussed was what to do with properties bought by investors from out-of-state and sometimes even another country.
Fri, 03 Sep 2010 02:09:55 -0700.
Why Low-Rated Mutual Funds Can Still Be a Good Investment
While investors favor mutual funds with four-or five-star ratings, there may be hidden gems in some of the lower-rated funds. "Just because a fund's been underperforming doesn't mean it's not worth owning,'' says one pro.
Thu, 02 Sep 2010 12:24:23 -0700.