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UPDATE: Builders Soar On Lower Rates, But Pain Persists - CNN Money
NEW YORK -(Dow Jones)- Improved mortgage rates sent shares of home builders higher Wednesday, but no one thinks the residential crisis is over. As consumers raced to lock in lower rates, applications to refinance existing loans jumped 203.3% last ...

Home Builders Soar On Lower Mortgage Rates, But Pain Persists - CNN Money
NEW YORK -(Dow Jones)- Improved mortgage rates sent shares of home builders higher Wednesday, but no one thinks the residential crisis is over. As consumers raced to lock in lower rates, applications to refinance existing loans jumped 203.3% last ...

Automakers to Submit Plans to Congress - FOX News
WASHINGTON — Detroit's automakers, making a second bid for $25 billion in government funding, are presenting Congress with plans Tuesday to restructure their ailing companies and provide assurances that the bailout will help them survive and thrive ...

Stocks In Focus For Friday - FoxBusiness.com
You know that buying a stock makes you part owner of a company, theoretically with millions of other people. But, while ownership has its privileges (at minimum you get a neat stock certificate and an invitation to the annual meeting), being an owner ...

The Buzz: Dispelling retail myths - Post-Crescent
Most people by now have gotten multiple copies of the e-mail circulating on the Internet about massive store closures. It's true some retailers are closing or cutting underperforming stores in this weak economy. The e-mail, however, contains some ...

Lawmakers Hedge Their Bets on Auto Bailout - FOX News
American lawmakers were still divided Tuesday over a plan to bail out the auto industry as Detroit's Big Three carmakers submitted their recovery plans to congressional leaders. The plans from General Motors Corp., Ford and Chrysler LLC were meant to ...

Latest Pictures - Newstrack India
Washington, Nov 30 (ANI): If scientists have their way, it may soon be possible to create a "hospital on a chip " for instant treatment to wounded soldiers even... of California, San Diego are working on developing a 'field hospital on chip Mumbai ...

Did PartyGaming Head Own Plane Used in Suitcase Scandal? - Gambling 911
The "Suitcase Scandal" or maletinazo (derived from the word maletín, which in Spanish means "suitecase") began when Guido Alejandro Antonini Wilson, a Venezuelan-US entrepreneur, arrived in Argentina on a private flight hired by Argentine and ...

Durable Goods - FoxBusiness.com
Durable goods are just that: hard goods; they don't wear out quickly and can be used over and over again for at least several years. Think your car, TV, refrigerator or computer. These are certainly not disposable, one-time use items. The opposite of ...

Obama: So far so good - Napa Valley Register
With the appointment of Christine Romer to head up his council of Economic Advisors, the key person to advise the President on economic policy, Obama has put in place an economic team that consists of centrists if not right of center policy makers ...

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Today's Mortgage Terms starting with R

  • Refinancing: The repaying of a debt with the proceeds from a new loan using the same property as collateral. The reason for refinancing is to get a lower interest rate.

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