Same Problems In The USA Choke The British Economy (USA Today)
Last fall, the British government's aggressive response to cleaning up its troubled banks was cited as a model by critics who accused U.S. Treasury Secretary Henry Paulson of giving American bankers overly generous bailout terms. But today, deep problems with the flow of credit are choking the British economy, enfeebling retail stores, darkened factories and the housing market alike.
Solving Refinance Challenges (Bankrate.com)
Homeowners with financial trouble wanting to refinance their mortgages to better refinance rates may be pleased to know there are still options out there for them. There are strategies available to help overcome challenges such as inadequate income, excessive debt, negative equity or poor credit.
Realty Q&A: Does It Make Sense To Refinance Now If A Sale Is Planned Later? (Market Watch)
In May 2007, I refinanced to consolidate mortgage and home-equity loans. The new loan is an interest-only, five-year Libor ARM at 6.38% which will reset in June 2012. I am retired and hoping to sell within a year, but if values keep dropping I could be looking at a short sale. Now I'm being offered an opportunity to refi again into a 30-year fixed-rate loan at 4.88%. Is it really worth it? ...
From Bubble Watch To Bust Watch (GoldSeek.com)
*** A division of delusion, which led to huge bubblesâ€¦who will suffer most when the bus comes? *** One thing that Team Obama will fight to the deathâ€¦countries around the world play "hot potato" with correctionâ€¦and more!
Year Of The Ox Looking Very Un-bullish, Seers Say (AP Via Yahoo! Philippines News)
If the global economy fails to recover in 2009, the housing bubble or credit crunch may not be to blame. It could be a lack of fire. Chinese fortunetellers say fire _ one of the five elements mystics believe form the basis of the universe _ is essential to financial well-being. And fire is nowhere to be found in the mythology of this coming Year of the Ox, the Chinese lunar year that ...
Year Of The Ox Looking Very Un-bullish, Say Seers (The Malaysian Insider)
HONG KONG, Jan 23 â€” If the global economy fails to recover in 2009, the housing bubble or credit crunch may not be to blame. It could be a lack of fire. Chinese fortune tellers say fire â€” one of the five elements mystics believe form the basis of the universe â€” is essential to financial well-being. And fire is nowhere to be found in the mythology of this coming Year of the Ox, the Chinese ...