Aug. 31 (Bloomberg) — Bank of Japan Governor Masaaki Shirakawa said the economic recovery is likely to be “only moderate” as demand at home and abroad remains sluggish and prices keep falling.
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Archive for August, 2009
Shirakawa Expects ‘Only Moderate’ Recovery in Japan (Update2) (Bloomberg)
Monday, August 31st, 2009Rancho Cucamonga foreclosure center is Chase’s busiest (Inland Valley Daily Bulletin)
Monday, August 31st, 2009RANCHO CUCAMONGA - Spurred by an increasing demand for home foreclosure prevention services, Chase bank has expanded its homeownership center to help its clients who are delinquent in their loan payments or foresee financial hardships.
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Economy Project: Home Financing Options (KERA North Texas)
Monday, August 31st, 2009Some homebuyers struggling to pay their mortgages might not be in trouble if they’d financed their home differently. In today’s weekly economic segment KERA’s Stella Payne looks at options to discuss with your lender.
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Milo Zonka does his homework (Florida Today)
Monday, August 31st, 2009Milo Zonka, 38, sat on the sofa in his Jupiter Boulevard home and tickled his two youngest children, 9-year-old Savannah and 7-year-old Robert, into shrieks of laughter.
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$5b lighter as GE sheds mortgage business (Brisbane Times)
Monday, August 31st, 2009GE CAPITAL has run down by a third the $15 billion of mortgages it retained after pulling out of the home loan market last December through the sale of Wizard, but it will still be servicing the last slice of the loan book for at least another five years.
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Real Estate: The herding effect in home sales (The Capital)
Monday, August 31st, 2009As a well-polished realtor, you’d never suspect that Donna used to be a cowgirl. Along with her five sisters and one brother, she worked a cattle ranch in southern Idaho. I don’t know how many acres the ranch is.
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Economy seeks new normal’ (Fort Wayne Journal Gazette)
Monday, August 31st, 2009America is recalibrating. What might have been taken for granted two years ago seems altogether suspect now: Your home will retain its value. Your retirement savings will appreciate. You’ll get a small raise next year. Your nearest bank and your neighborhood car dealership will continue to exist.
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Finding effective lender is crucial (The Record and Herald News)
Sunday, August 30th, 2009Prospective home buyers are understandably nervous nowadays about finding mortgage financing for the properties they plan to buy. After all, credit is tight and media reports on the shortcomings of the home loan business are ubiquitous.
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pressofAtlanticCity.com (Press of Atlantic City)
Sunday, August 30th, 2009Realtor Amy Sullivan, of ReMax, shows a home Tuesday to Brian Lyons, a first-time homebuyer who is looking to buy a townhome in Society Hill in Galloway Township.
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College grads feel at home in market (Denver Post)
Sunday, August 30th, 2009Attractive home prices and a government incentive for first-time homebuyers have many recent college grads considering becoming homeowners.
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