The Allen Group Secures $20 Million Bridge Loan for the Dallas ... - PR Inside: - The Allen Group Jon Cross, Director of Marketing, 858-764-6800 jcross@allengroup.com The Allen Group, developers of the Dallas Logistics Hub (DLH), a 6,000-acre multi-modal logistics park in Dallas, Texas, announced today they have secured a $20 ...
Bankrate: Mortgage Rates Post Biggest Increase in 21 Years - PR Newswire: NEW YORK, Oct. 16 /PRNewswire-FirstCall/ -- Mortgage rates soared this week, with the average 30-year fixed mortgage rate jumping more than one-half percentage point to 6.74 percent. According to Bankrate.com's weekly national survey, the average 30 ...
Bank funding costs prompt debt concerns - Financial Times: Elevated funding costs in the interbank market have pushed up interest rates on a whole range of different types of debt, including deals backed by credit cards and some types of US mortgages. The higher interest payments are further evidence that ...
Credit crunch eases slightly but lenders still skittish - Baltimore Sun: NEW YORK - The government's efforts to crank open the credit markets have led to some mild improvements in lending rates and Treasury bill yields. But it will probably take months, and perhaps a few years, before lending returns to healthier levels ...
Stocks pull back as investors take profits after government plan to ... - Chicago Tribune: Following the Columbus Day holiday, the U.S. government bond markets reopened Tuesday and indicated that investors' desire for safe assets remains strong. The three-month Treasury bill's yield, which moves opposite its price, rose to 0.30 percent ...
Credit markets see more gradual improvements - MSN MoneyCentral: News Corp ( NWS ) Stock Quote , Chart , News , Add to Watchlist NEW YORK (AP) - The government's efforts to crank open the credit markets have led to some mild improvements in lending rates and Treasury bill yields. But economists say it will ...
US stocks set to extend Monday's huge rally - International Herald Tribune: NEW YORK : Wall Street was gearing up for another surge Tuesday following the Dow Jones industrial average's historic 936-point jump, with investors encouraged by the U.S. government's plans to spend $250 billion on private banks' stock. President ...
Overnight lending rate falls - CNN Money: NEW YORK (CNNMoney.com) -- The credit market showed signs of confidence Tuesday, the first day that the Treasury markets were open in the United States after a weekend of global initiatives to loosen the stuck pipelines of credit. The overnight bank ...
Rep. Fritchey: 'I shopped around' - Chicago Sun-Times: Last year, the North Side Democrat put $275,000 from his campaign funds into CDs at Belmont Bank & Trust, owned by his wife's brother, James J. Banks. Then, last December, the bank gave Fritchey and his wife, Karen, a one-year, adjustable-rate ...
When Adjustable Rate Mortgages Make Sense - The Ledger: Borrowers generally hate adjustable rate mortgages, or ARMs, but this sentiment may be illogical, because ARMs often offer relatively low rates. After all, why would the average homeowner choose a high fixed interest rate for 30 years when he stays ...

Freeport family battered by struggling economy - Newsday: It hasn't been an easy economic road for Joan Fennell. Once a hotel chef, Fennell, 58, and her husband Joseph, 63, used to have plenty of savings and a comfortable income. When she became disabled, Fennell switched jobs, working as a conference ...
How Lower Fed Rates Affect Consumers - CattleNetwork.com: BATON ROUGE, La. – What impact does a Federal Reserve rate cut have on you, the consumer? We hear and read about rate changes, but we don’t always understand how they affect us as consumers, according to LSU AgCenter family economist Gloria Nye ...
Credit squeeze: Small signs of easing - CNN Money: NEW YORK (CNNMoney.com) -- Lenders remained relutctant to lend Monday, even as a key interbank interest rate eased ever-so-slightly in a tentative first step in the right direction for the choked credit markets. Investors were also waiting to see ...
Credit tight, but key lending rate eases - CNN Money: NEW YORK (CNNMoney.com) -- Lenders were still holding onto their cash Monday, but a key bank-to-bank interest rate reversed its upward climb and eased ever-so-slightly. Despite the dip, lending rates remained at elevated levels. The 3-month Libor ...
Renegotiating loans, saving homeowners - San Gabriel Valley Tribune: NOW that the federal government has begun cleaning up Wall Street's mortgage-backed-securities mess to the tune of $700 billion, it's about time the taxpayers got something back. And thanks to a deal with Bank of America made by attorneys general in ...
Options exist for struggling Miss. homeowners - Mississippi Press: JACKSON, Miss. (AP) — Two years ago, Falona Larkins and her husband Alexander bought their first house. She was a cashier at a Dairy Queen, he was a Sheetrock hanger, and the monthly $552 payment was affordable. That's until the payment jumped to ...
30-year mortgage rates dip below 6 percent - San Francisco Gate: Sunday, October 12, 2008 Freddie Mac, the mortgage company, reported that 30-year fixed-rate mortgages averaged 5.94 percent last week, down from 6.10 percent the previous week. It marked the first decline since rates fell on Sept. 18 to 5.78 percent ...
What caused economic crisis? No one thing - St. Petersburg Times: In this complex financial crisis, the presidential candidates have the biggest megaphone of all to help us understand the mess we're in. But relying on them for an unvarnished view is like asking competing trial attorneys to provide the "facts" of a ...
US to buy stakes in banks - Straits Times: Mr Paulson said the Treasury Department was working on a plan to buy equity in 'a broad array of financial institutions'. -- PHOTO: AFP WASHINGTON - In an extraordinary response to the escalating financial crisis, United States Treasury Secretary ...
Bankruptcy: A bankrupt system? - Minneapolis Star Tribune: 64-year-old Roger Allison lost his left foot to diabetes complications a few of years ago. He's on the installment plan with lawyer Curtis Walker, waiting to come up with enough cash to file for bankruptcy. He's been making installment payments of ...

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