Mortgage and Financial News From 2008-8-16 Page 3
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Economic View: Inflation takes the high road, sterling takes the low road – and it's time to holiday in Scotland (Independent)
Shopping in New York won't be as much fun this week as it was a month ago for British holidaymakers. Say goodbye to the $2 pound, for sterling has fallen against the dollar for 11 days on the trot, the longest uninterrupted run for 37 years. As recently as mid-July, the pound was still at $2; on Friday it closed at $1.86.
2008-08-16 04:13:47 -
Rafael Behr: The race to be the fourth party matters more than you think (Guardian Unlimited)
Rafael Behr: Westminster is not about to be taken over by environmentalists or fascists, but the Greens versus BNP is of great significance
2008-08-16 04:30:57 -
BAA flies into more controversy - BBC News
The company has run UK airports since the 1960s - overseeing rapid growth from a time when only the wealthy took holidays to the era of low-cost flying. Facing a barrage of criticism from passengers, airlines and businesses, the operator's chairman ...
2008-08-16 06:00:00 -
Evraz borrows $725 mln to refinance N. American division - Interfax Information Agency
MOSCOW. Aug 15 (Interfax) - Evraz Group has raised a five-year revolving credit facility of $550 million and a five-year term loan of $175 million to refinance the debt of its North American division Evraz Inc. NA. The Russian steel maker said ...
2008-08-14 11:20:00 -
Palm Beach County home prices, sales fall again - Fort Lauderdale Sun-Sentinel
Price cuts still ruled in June as South Florida's housing slump trudged into its 30th month. Palm Beach County 's median price for existing homes was $334,300, off 12 percent from $377,900 a year ago, the Florida Association of Realtors said Thursday ...
2008-08-16 05:27:00 -
How to deal with mounting debt - News.com.au
Jan Pentland, chairwoman of the Australian Financial Counselling & Credit Reform Association , said debt-burdened people needed to admit a problem and take action before it was too late. "They should make an accurate assessment of their financial ...
2008-08-16 08:01:00 -
International bidders line up for BAA airport sale - Times Online
International infrastructure groups have approached BAA with offers to buy Gatwick, London’s second airport, for up to £3 billion. Germany’s Hochtief, Global Infrastructure Partners, the GE-Credit Suisse investment fund, Australia’s Macquarie ...
2008-08-16 05:34:00 -
Indy Car Dealership Goes Up In Flames (WRTV Indianapolis)
The Tom Wood Pontiac dealership on the city’s east side caught fire Saturday evening, fire officials say.
2008-08-16 06:45:03 -
Plane Carrying Texas Family Missing In Colorado (KPRC Local 2 Houston)
STEAMBOAT SPRINGS, Colo. -- Search and rescue crews in Colorado are looking for a small plane that took off Friday bound for Texas but did not reach its destination.
2008-08-16 06:52:40 -
Former Longmont Official Sentenced On Stalking (KMGH 7 Denver)
BOULDER, Colo. -- The former human resources director for the city of Longmont has been sentenced to 10 days in jail on a felony stalking conviction.
2008-08-16 06:59:03 -
Cleveland High Teacher Arrested On Prostitution Charges (KPRC Local 2 Houston)
CLEVELAND, Texas -- Cleveland school board superintendent Kerry Cowart confirmed with KPRC Local 2 that a Cleveland High School teacher was arrested and charged with prostitution.
2008-08-16 07:07:40 -
U.S. Stocks Gain a Third Week as Oil's Retreat Boosts Retailers (Bloomberg.com)
Aug. 16 (Bloomberg) -- U.S. stocks rose for the third straight week after oil's retreat and better-than-estimated results from J.C. Penney Co. and Kohl's Corp. lifted consumer shares.
2008-08-16 07:03:20 -
Things will get worse: you can bet the house on it - Guardian Unlimited
Nav Sharma is listening, downcast, to the sound of silence. At the once-bustling Ruxton's estate agency in Solihull, a suburb on the southern outskirts of Birmingham, househunters have all but disappeared. 'Have you heard one phone ring since you've ...
2008-08-16 03:54:00 -
Lenders cut more mortgage rates - BBC News
Three of its most popular fixed or tracker-rate deals are being cut by 0.25%, for borrowers who can put down a deposit of at least 25%. The changes apply to deals arranged through mortgage brokers. The new rates highlight the trend of recent weeks in ...
2008-08-15 03:45:00 -
Halifax is the latest lender to bring down rates - The Independent
There are more signs that the credit crunch may be loosening its grip on mortgage rates, at least for the time being. The Halifax, the UK's biggest lender, announced on Friday that it would be cutting interest rates on its tracker and fixed-rate ...
2008-08-16 04:22:00
