September, 2009

Mortgage Rates At Lowest Level Since Late May

For anyone who didn't refinance when rates were super low earlier this year, now might be the chance. The Mortgage Bankers Association says last week the average rate for 30 year fixed rate loans was 4.97 percent. Mortgage applications have jumped 50 percent from where they were early this summer.» E-Mail This     » Add to ...

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Starbucks: Price-Targeting, iPhone App, Free Birthday Drink

For some reason, I’ve managed to collect a bunch of random Starbucks news. Granted, I’ve been going there more often recently for the ability to read and work in a comfortable atmosphere outside the distractions of home. I’m okay with paying about $2 for some caffeine plus an few hours of productivity ...

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Michael Moore’s New Target: ‘Capitalism’ Itself

Michael Moore is famous for skewering the excesses of American industry — and in his latest film, he goes looking (mostly on Wall Street) for the source of the trouble. Critic Kenneth Turan says that while Capitalism certainly has spirit, the pop-culture polemicist may have taken on more than he could chew.» E-Mail This     » ...

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FDIC Needs a Bailout from Banks This Time

Because propping up failing banks is tough FDIC borrowing back from banks – coming soon! (Photo: Ryan McFarland) It would appear that the FDIC is in need of payday loan lenders these days. Maybe they’ll need something even stronger. But here’s a possible scenario that could be in store for the federal organization that has helped insure ...

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Most States See Job Losses In August

Forty-two states lost jobs last month, up from 29 in July, with the biggest payroll cuts coming in Texas, Michigan, Georgia and Ohio. The Labor Department said Friday that 27 states saw their unemployment rates increase in August.» E-Mail This     » Add to Del.icio.us Read more about Most States See Job Losses In August...

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