Search Results for “loans”

Average US 30-year mortgage rate dips to 4.2 pct. 05/15/2014 12:50pm • WASHINGTON (AP) -- Average U.S. rates on fixed mortgages declined this week for a third straight week. The low rates could give a boost to the spring home-buying season, which has gotten off to a slow start.Mortgage buyer Freddie Mac said Thursday that the average rate for a 30-year loan eased to 4.

Recovery gains no steam in Europe as France lags 05/15/2014 11:05am • DAVID McHUGH AP Business Writer FRANKFURT, Germany (AP) -- Europe's economy failed to gain any momentum in the first quarter, reinforcing expectations that the European Central Bank will soon deploy fresh stimulus measures to shore up the tepid recovery.The economy of the 18 countries that share the

Commissions boost Intesa SanPaolo's Q1 profit 05/15/2014 10:40am • MILAN (AP) -- Italian bank Intesa SanPaolo says first-quarter earnings rose 64 percent thanks to higher interest income and commissions.The bank on Thursday reported a net income of 503 million euros ($687 million). That was the highest in eight quarters and up from 306 million euros last year.Howev

2014 Quicken Loans National 05/15/2014 08:50am • The 2014 Quicken Loans National is coming to Congressional Country Club in Bethesda June 23-29...and you can win tickets! label.standard { display: block; float: left; width: 9em; font-weight: bold; margin: 0 0 5px 0; } .citylabel {

Arlington Home Buyer Seminar Next Week (Promoted) 05/15/2014 05:00am • Are you considering buying a home in Arlington in 2014? If so, attend this Arlington home buyer seminar in Clarendon next Wednesday, May 21st. Three industry experts – Joe Zamoiski of 1st Portfolio Lending, George Papakostas of Long & Foster, and George Glekas of GPN Title – will give a

Europe's recovery gains speed, faces obstacles 05/15/2014 04:14am • DAVID McHUGH Associated Press FRANKFURT, Germany (AP) -- Official figures are expected to confirm that Europe's recovery from recession gathered pace in the first three months of the year.But the recovery is filled with worries, so much so that the European Central Bank is poised to deliver stimulus

Citigroup's Mexican bank fires 11 in oil scandal 05/14/2014 03:31pm • MEXICO CITY (AP) -- Citigroup's Mexican bank subsidiary said Wednesday it has fired 11 employees for not following proper procedures in dealing with a Mexican oil services company that allegedly defrauded Citigroup of up to $400 million.Grupo Financiero Banamex said in a statement that the 11 employ

Nicks gets BMI honor, talks Fleetwood Mac reunion 05/14/2014 02:37pm • MIKE CIDONI LENNOX AP Entertainment Writer BEVERLY HILLS, Calif. (AP) -- Stevie Nicks thought former bandmate Christine McVie was joking when she told her that she wanted to go on tour with Fleetwood Mac last year."I'm like, 'Well, you've convinced us over 16 years that you were never coming back. Y

Pew: Student loans often mean more overall debt 05/14/2014 02:00pm • WASHINGTON (AP) -- Young adults who took out loans for college have significantly more overall debt than those who didn't have to borrow for their education, researchers report.A Pew Research Center study released Wednesday examined households headed by people under 40 and found those with student l

Sallie Mae, Justice Department in $60M settlement 05/14/2014 10:58am • WASHINGTON (AP) -- Student lender Sallie Mae has reached a $60 million settlement with the Justice Department to resolve allegations that it charged members of the military excessive interest rates on their student loans, the federal government announced Tuesday.The deal settles a government lawsuit

Morning Notes 05/14/2014 08:40am • Could Tiger’s Golf Tourney Affect Primary Voting? – Probably not. But Montgomery County Board of Election officials say it might be worthwhile for voters near Congressional Country Club to vote early. That’s because the June 24 primary day coincides with the Tuesday practice

Fannie-Freddie overseer: Loan limits won't be cut 05/14/2014 04:28am • WASHINGTON (AP) -- The regulator overseeing government-controlled mortgage giants Fannie Mae and Freddie Mac has announced a policy that could make more loan money available to borrowers.Mel Watt, the director of the Federal Housing Finance Agency, said Tuesday in his first public speech that the ag

EU, Ukraine sign aid deals worth $1.78 billion 05/14/2014 03:14am • JOHN-THOR DAHLBURG Associated Press BRUSSELS (AP) -- Ukraine's prime minister and European Union officials on Tuesday closed deals for a total of 1.3 billion euros ($1.78 billion) in EU assistance that Kiev could use to pay its energy bills, combat corruption and reform its institutions."Ukraine can

S&P, Dow edge higher...Recall reveals air bag limits...Sallie Mae settles over service member loans 05/13/2014 03:41pm • NEW YORK (AP) -- There's a little less exuberance on Wall Street today, though the S&P 500 index has pushed through another threshold, briefly crossing 1,900 for the first time. Investors have been assessing the April retail sales report from The Commerce Department. It shows sales grew just 0.1 per

US seeks to boost small business exports 05/13/2014 03:40pm • WASHINGTON (AP) -- Seeking to boost exports, the Obama administration is launching a new initiative aimed at helping small- and medium-sized businesses sell their products in new markets overseas.The effort, which was being announced Tuesday by Commerce Secretary Penny Pritzker, focuses in part on h