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Fitch Upgrades San Jose-Santa Clara Clean Water Finance Authority ... - PR InsideFitch rates the San Jose-Santa Clara Clean Water Financing Authority's (the authority) $30.4 million sewer refunding revenue bonds, series 2009A 'AA+'. In addition, Fitch upgrades the authority's $41.3 million outstanding revenue bonds to 'AA+' from ...
Banks' mortgage rates fall below 5% - Boston GlobeSAN FRANCISCO - The government's purchase of mortgage-backed securities is successfully helping to lower borrowing costs, with the largest US banks starting to offer home loans with fixed interest rates below 5 percent. JPMorgan Chase & Co. is ...
LyondellBasell units file for bankruptcy - MarketwatchSAN FRANCISCO (MarketWatch) -- Troubled chemical giant LyondellBasell Industries said late Tuesday its U.S. units and one European unit voluntarily sought Chapter 11 bankruptcy protection to shield themselves from creditors while they restructure ...
UPDATE 2-Nabors sells $1.125 bln in debt, credit rating cut - FXStreet.comSAN FRANCISCO, Jan 7 (Reuters) - Drilling contractor Nabors Industries sold $1.125 billion in long-term debt on Wednesday, in a sale that prompted negative moves by two rating agencies, while its shares fell in line with the sector. Nabors Industries ...
Metro-Area Foreclosure Sales Tripled in First 10 Months of 2008 - BloombergJan. 6 (Bloomberg) -- Foreclosure sales in the 25 largest U.S. metropolitan areas almost tripled in the first 10 months of last year as rising unemployment and falling home values made it tougher for homeowners to sell or refinance their mortgages ...
(Adds debt sale, analyst comment, background) - ReutersSAN FRANCISCO, Jan 7 (Reuters) - Drilling contractor Nabors Industries ( NBR.N ) sold $1.125 billion in long-term debt on Wednesday, in a sale that prompted negative moves by two rating agencies, while its shares fell in line with the sector. Nabors ...
Real Estate News Stories - Atlanta Journal ConstitutionSAN FRANCISCO — The state's high court has prohibited three Southern California parishes who left the U.S. Episcopal Church over its ordination of gay ministers from retaining ownership of their church buildings and property... Property tax fight ...
U.S. Banks Offer Mortgages Below 5% After Fed Action (Update1) - BloombergJan. 8 (Bloomberg) -- The largest U.S. banks are starting to offer fixed home loans below 5 percent after the government began buying mortgage securities to bolster the housing market. JPMorgan Chase & Co. is advertising 30-year mortgages as low as 4 ...
Will Obama help or hurt investors? - Asbury Park PressManaging your financial affairs in this season of political transition is like being in a poker game when a stranger shows up. It's hard to know how to play a hand until you get a sense of the new guy's strategy. President-elect Barack Obama is now ...
Price drop for homes not as bad in Denver - Rocky Mountain NewsIt may be small consolation if you bought a home in the Denver area at the top of the market, but the local residential real estate market is in far better shape than almost any other major metropolitan area in the country. The most recent S&P/Case ...
Today's Mortgage Terms starting with G
Good Faith Estimate: A written estimate of the closing costs the borrower will most likely have to pay based on common local practices. Under the Real Estate Settlement Procedures Act (RESPA), the lender is must provide this disclosure to the borrower within three days of receiving a loan application.
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