Rates on 30-year loans inch up, to 4.92 percent WASHINGTON Rates for 30-year home loans have inched up, but remained below 5 percent for the third-straight week as government efforts to aid the housing market continued to keep rates low. The average rate on a 30-year fixed mortgage was 4.92 per...
2.6K - Oct. 16, 2009; scored 463.0 Health debate obscures truth Getting there early to assure myself a seat at the Obamacare town hall meeting in North Bend on Aug. 14, allowed me to be close to the action. I have much respect for Congressman Peter DeFazio, who has done many good things for his district and the s...
2.5K - Aug. 27, 2009; scored 463.0 Bernanke offers upbeat assessment JACKSON, Wyo. Federal Reserve Chairman Ben Bernanke declared today that the U.S. economy is on the verge of a long-awaited recovery after enduring a brutal recession and the worst financial crisis since the Great Depression. Economic activity in b...
5.6K - Aug. 21, 2009; scored 463.0 Fed likely to leave interest rates alone WASHINGTON (AP) Signs are growing that an economic recovery may finally be taking shape, but with dangers still lurking, Federal Reserve policymakers are all but certain to leave a key interest rate at record lows to make sure any nascent turnaroun...
4.7K - Aug. 12, 2009; scored 463.0 House votes to clamp limits on bonuses WASHINGTON (AP) Bowing to populist anger, the House voted Friday to prohibit pay and bonus packages that encourage bankers and traders to take risks so big they could bring down the entire economy. Passage of the bill on a 237-185 vote followed the...
5.1K - Aug. 1, 2009; scored 463.0 Obama details plans to help General Motors WASHINGTON - President Barack Obama pushed General Motors Corp. into bankruptcy today and said it was part of a viable achievable plan that will give this iconic company a chance to rise again. Obama said he hoped the firm would emerge quickly from ...
2.6K - Jun. 1, 2009; scored 463.0 Obama plan would give foreclosure alternatives WASHINGTON (AP) The Obama administration expanded its $50 billion mortgage aid program on Thursday, announcing new measures that would help homeowners avoid a foreclosure if they don t qualify for other assistance. The new initiatives are ...
5.6K - May. 14, 2009; scored 463.0 Police investigating death of Freddie Mac official WASHINGTON (AP) - David Kellermann, the acting chief financial officer of mortgage giant Freddie Mac, was found dead at his home this morning in what police said was an apparent suicide. Mary Ann Jennings, director of public information for the Fairf...
1.7K - Apr. 22, 2009; scored 463.0 Foreclosures increase 24 percent WASHINGTON - The number of American households threatened with losing their homes grew 24 percent in the first three months of this year and is poised to rise further as major lenders restart foreclosures after a temporary break, according to data re...
3.9K - Apr. 16, 2009; scored 463.0 General Motors CEO Wagoner ousted DETROIT - Time and time again, General Motors Corp.'s board of directors reaffirmed its support for Chairman and CEO Rick Wagoner, even as the company piled up billions of dollars in losses and begged for government loans to stay alive. But Wagoner i...
7.0K - Mar. 30, 2009; scored 463.0 House sets up vote on taxing AIG bonuses WASHINGTON - Venting their outrage, lawmakers are preparing to slap heavy taxes on employee bonuses at insurance giant AIG and at other companies that have received large bailout packages from the government. The House was scheduled to vote today on...
3.5K - Mar. 19, 2009; scored 463.0 Sports Briefs: Jones sits out with side injury TORONTO Chipper Jones will take at least five days off to recover from a mild strain on his right side and the Atlanta third baseman hopes to return to the United States lineup in the second round of the World Baseball Classic. You couldn t get me...
5.8K - Mar. 10, 2009; scored 463.0 Betty Brethauer A graveside service for Betty Mae Brethauer, 60, of North Bend will be held at 10 a.m. on Friday, March 6, at Sunset Memorial Park, 63060 Millington Frontage Road, in Coos Bay. A private family visitation will be held on Thursday, March 5, at Coos Ba...
1.0K - Mar. 5, 2009; scored 731.0 Obama unveils $75 billion mortgage relief plan MESA, Ariz. (AP) Seeking to tackle a crisis unlike any we ve ever known, President Barack Obama unveiled an ambitious $75 billion plan Wednesday to keep as many as 9 million Americans from losing their homes to foreclosure. Announcing th...
5.9K - Feb. 18, 2009; scored 1000.0 Top bank execs still have jobs after national banking crisis WASHINGTON They ve been bailed out, but not kicked out. At banks that are receiving federal bailout money nearly nine out of every 10 of the most senior executives from 2006 are still on the job, according to an Associated Press analysis of regula...
8.3K - Jan. 27, 2009; scored 463.0 Liberals want to silence opposition Recent letters by John Zimmerman demonstrate the typical liberal despising of freedom of speech. Liberals are all for free speech when it means allowing them to say whatever they want, including lies and smears against Gov. Palin, for example, in t...
1.8K - Dec. 24, 2008; scored 463.0 Car, home buyers could benefit from latest rate cut WASHINGTON (AP) Consumers trying to buy a house or finance a car loan could be the big winners as a result of the Federal Reserve s decision to slash its target interest rate to nearly zero and take other steps to battle the financial crisis and wo...
6.1K - Dec. 17, 2008; scored 463.0 Bernanke: More action needed to cut foreclosures WASHINGTON Federal Reserve Chairman Ben Bernanke called on the government today to ramp up efforts to stem soaring home foreclosures, which are feeding into the country s deep economic troubles. Although a flurry of actions have been taken to ease ...
4.6K - Dec. 4, 2008; scored 597.0 Reports show unemployment claims at recessionary levels WASHINGTON The government released a quartet of reports Wednesday that paint a bleak picture of the nation s economy: Jobless claims remain at recessionary levels, Americans cut back on their spending by the largest amount since the 2001 terrorist ...
5.7K - Nov. 27, 2008; scored 597.0 Feds Prepare Citigroup Rescue WASHINGTON Rushing to rescue Citigroup, the government agreed to shoulder hundreds of billions of possible losses at the stricken bank and to plow a fresh $20 billion into the company. Regulators hope the dramatic action will bolster badly...
6.4K - Nov. 24, 2008; scored 731.0 |