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U.S. Stock Futures Drop on Earnings Concern; Alcoa Declines - BloombergJan. 7 (Bloomberg) -- U.S. stock-index futures fell as concern corporate earnings will slump overshadowed speculation President-elect Barack Obama ’s package of tax cuts and government spending will revive the economy. Alcoa Inc. slid 5.2 percent ...
Commercial properties face bursting bubble - The Money TimesWashington -- Rising vacancy rates in U.S. office buildings are pointing to a possibility that a commercial real estate bubble could burst, industry observes said. Vacancy rates have reached 10 percent and are rising quickly in major U.S. cities, The ...
US set for further mortgage rates fall - Financial TimesUS mortgage activity slipped last week, however mortgage rates for home owners are on track to fall much further as the Federal Reserve implements its plan to buy securities. The latest weekly data from the Mortgage Bankers Association on Wednesday ...
Washington Seeks To Engineer A Recovery - Investors Business DailyWith the economy in a tailspin as the new year begins, a bumpy ride is the consensus forecast for 2009. But just how bumpy will depend to a large extent on how much lift new policies out of Washington deliver. What is certain is that President-elect ...
Rising vacancies in office buildings may imperil lenders - Dallas Morning NewsVacancy rates in office buildings exceed 10 percent in virtually every major U.S. city and are rising rapidly, a sign of economic distress that could lead to yet another wave of problems for troubled lenders. With job cuts rampant and businesses ...
Treasury considering more financial rescues - Cincinnati.comWASHINGTON - The Treasury Department opened the door Friday to using a Citigroup-style rescue package to help other troubled financial institutions. The financial lifeline thrown to Citigroup Inc. in late November involved backing billions in risky ...
U.S. commercial property in a downward spiral - International Herald TribuneNEW YORK : Vacancy rates in office buildings exceed 10 percent in virtually every major city across the United States and are rising rapidly, a sign of economic distress that could lead to yet another wave of problems for the beleaguered financial ...
GE Capital to Raise $10 Billion in Sale of FDIC Notes (Update2) - BloombergJan. 5 (Bloomberg) -- GE Capital Corp. , the lending arm of General Electric Co., plans to raise $10 billion in the biggest offering of debt backed by the Federal Deposit Insurance Corp. The sale includes $2 billion of two-year notes, $5.5 billion of ...
Register for FREE - Wall Street JournalPlease register to gain free access to WSJ tools. An account already exists for the email address entered. Main Street versus Wall Street. Socialism versus Capitalism. The virtues of a $700 billion rescue package for banks. It all boils down to the ...
High office building vacancies may mean trouble for banks - New London DayVacancy rates in office buildings exceed 10 percent in virtually every major city in the country and are rising rapidly, a sign of economic distress that could lead to yet another wave of problems for troubled lenders. With job cuts rampant and ...
Today's Mortgage Terms starting with H
Home Equity Line of Credit: A type of revolving credit in which your home is used as collateral.
Home Equity Loan: A revolving line of credit or loan based on the equity in the mortgagor's property. The property is the collateral for the loan, which is usable for any purpose.
Housing and Urban Development (HUD): A U.S. government agency created to introduce federal housing and community development programs; manages the Federal Housing Administration.
View all Terms