Home Equity Loan - ECB’s Bini Smaghi says 4 pct inflation too high - Reuters
ECB’s Bini Smaghi says 4 pct inflation too high - Reuters
CORTINA, Italy, Aug 28 (Reuters) - The European Central Bank is doing all it can to bring down inflation and interest rates wouldn’t be particularly restrictive even if they rose to 4.5 percent, ECB executive board member Lorenzo Bini Smaghi said
A transcript follows. - Washington Post
Michelle Singletary: Welcome all. I’m sure today’s discussion will be interesting. So let’s get started. Pittsburgh, Penn.: I’m getting ready to purchase a new home in the $400,000 range - may put up to 50% down to “buy down” the monthly payment
Alabama County Prepares for Bankruptcy in Debt Crisis (Update2) - Bloomberg
Aug. 26 (Bloomberg) — Jefferson County, Alabama, officials told their lawyers to prepare a bankruptcy filing if the county can’t reach an agreement with creditors over how to escape from $3 billion of bonds with soaring interest rates. The Jefferson
Home values dip - Baltimore Sun
Maryland home values dropped 4 percent in April through June compared with the same period a year earlier, according to figures that track sales and refinancing. The Office of Federal Housing Enterprise Oversight said yesterday that the drop was the
Mortgage application volume rises slightly - BusinessWeek
Mortgage application volume rose less than 1 percent during the week ended Aug. 22, according to the Mortgage Bankers Association’s weekly application survey. The trade group’s application index rose to 421.6 during the week, from 419.3 a week