| Personal Finance Headlines |
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| Getting a Mortgage Without Perfect Credit
(BusinessWeek)
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| BusinessWeek - The government keeps promoting programs designed to help existing homeowners refinance their mortgages at a lower rate, as well as get perspective buyers into homes. In other words, Uncle Sam says he's here to help. "Phooey," say homeowners and prospective homeowners, who keep complaining that it is ridiculously hard to get a mortgageor refinance one. Can both sides be right? Unfortunately, yes. But if you are willing to do a bit more work than in the past, it is possible to lower your mortgage rate to 5% or arrange to buy your first home. It is clear that there is pent-up demand to do both. ... -- read full article |
| Wed, 17 Mar 2010 12:08:44 GMT - Yahoo! News: Personal Finance News |
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| Fannie Mae slashes mortgage investment forecast
(Reuters)
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| Reuters - Fannie Mae, the largest provider of U.S. residential funding, on Wednesday slashed its forecast for residential investment this quarter following a "setback" in home sales, and warned on its impact on the economic recovery. -- read full article |
| Wed, 17 Mar 2010 15:25:41 GMT - Yahoo! News: Personal Finance News |
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| Time to Buy This Tasty Appalachian Combination?
(The Motley Fool)
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| The Motley Fool - Just like the chocolate purist in those old ads who protested the delectable combination, coal investors protested CONSOL Energy's (NYSE: CNX - News) deeper dip into natural gas Monday with a 10% sell-off, dropping shares beneath $49 apiece. Although swallowing fossil fuels is never a good idea, investors may wish to "taste" this unique combination of fuels before protesting themselves. -- read full article |
| Tue, 16 Mar 2010 20:17:03 GMT - Yahoo! News: Personal Finance News |
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| Is ExxonMobil Still Best of Breed?
(The Motley Fool)
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| The Motley Fool - It doesn't take a genius to recall that ExxonMobil (NYSE: XOM - News) is the biggest of Big Oil. So with that fact out of the way, those with a yen for investing in energy are left to question whether the company is also the best of its group. -- read full article |
| Tue, 16 Mar 2010 20:19:58 GMT - Yahoo! News: Personal Finance News |
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| PIMCO: End of mortgage buys form of tightening
(Reuters)
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|  Reuters - The end of the Federal Reserve's program of purchasing $1.25 trillion of mortgage-backed securities at the end of March is a form of tightening monetary policy, the chief of the largest U.S. bond fund manager said on Tuesday.
-- read full article |
| Tue, 16 Mar 2010 22:50:50 GMT - Yahoo! News: Personal Finance News |
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| Ahead of the Bell: Housing starts
(AP)
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| AP - Housing construction, which hit a six-month high in January, likely slipped in February, reflecting in part the major snowstorms that hit many parts of the country. The housing industry in good times is a major generator of jobs and economic growth. -- read full article |
| Tue, 16 Mar 2010 10:29:47 GMT - Yahoo! News: Personal Finance News |
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