| Personal Finance Headlines |
| Investors sue Countrywide to force loans purchase
(Reuters)
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| Reuters - A group of bond investors on Monday sued Bank of America -owned Countrywide Financial demanding that Countrywide buy every mortgage loan for which it agrees to reduce the payments under a predatory lending settlement agreement. -- read full article |
| Mon, 01 Dec 2008 19:50:28 GMT - Yahoo! News: Personal Finance News |
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| Meltdown far from over, new mortgage crisis looms
(AP)
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| AP - Black Friday's retail shoppers hunting for holiday bargains won't be enough to stave off what's likely to become the next economic crisis. Malls from Michigan to Georgia are entering foreclosure, commercial victims of the same events poisoning the housing market.
-- read full article |
| Fri, 28 Nov 2008 09:45:24 GMT - Yahoo! News: Personal Finance News |
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| Mortgage rates dip for fourth straight week
(AP)
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| AP - Rates on 30-year mortgages sank for a fourth straight week, falling below 6 percent for the first time since early October, and are heading lower due to the government's massive new effort to aid the U.S. housing market.
-- read full article |
| Wed, 26 Nov 2008 22:31:34 GMT - Yahoo! News: Personal Finance News |
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| World stocks close higher despite profit-taking
(AP)
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| AP - World stock markets closed modestly higher Tuesday despite some profit-taking that trimmed initial gains brought on by the U.S. government's latest attempt to revive lending in the world's largest economy.
-- read full article |
| Tue, 25 Nov 2008 22:28:40 GMT - Yahoo! News: Personal Finance News |
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| Oil drops nearly 7 percent
(Reuters)
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| Reuters - Oil prices tumbled nearly 7 percent on Tuesday to below $51 a barrel after data showed the U.S. economy shrank in the third quarter at its fastest pace in seven years, stoking concerns fuel demand will slow further.
-- read full article |
| Tue, 25 Nov 2008 20:48:49 GMT - Yahoo! News: Personal Finance News |
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| Wall Street extends Dow's rally to third day
(AP)
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| AP - Wall Street showed some signs of stability Tuesday as investors, heartened by government plans to aid consumer lending companies, selectively bought more stocks following a huge two-day rally. Gains in blue chips gave the Dow Jones industrials and the Standard & Poor's 500 index their first triple-session advance in more than two months.
-- read full article |
| Tue, 25 Nov 2008 22:47:01 GMT - Yahoo! News: Personal Finance News |
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| Mortgage security rates fall after Fed action
(AP)
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| AP - Rates on Fannie Mae and Freddie Mac debt fell Tuesday a promising sign that homeowners' mortgage rates could decline, too after the Federal Reserve said it will buy up to $600 billion in mortgage-backed assets. -- read full article |
| Tue, 25 Nov 2008 22:12:38 GMT - Yahoo! News: Personal Finance News |
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