US rate on 30-year mortgage hits record 3.83 pct.

WASHINGTON (AP) — Average U.S. rates for 30-year and 15-year fixed mortgages fell to fresh record lows this week. Cheap mortgage rates have made home-buying and refinancing more affordable than ever for those who can qualify.Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan ticked down to 3.83 percent. That's the lowest since long-term mortgages began in the 1950s. And it's...

Read More..

US rate on 30-year mortgage rises to 3.71 pct.

WASHINGTON (AP) — Average rates on fixed mortgages rose this week, the first increase in seven weeks. But mortgage rates remain near historic lows, boosting prospects for home sales this year.Mortgage buyer Freddie Mac said Thursday that the average rate on the 30-year loan increased to 3.71 percent. That's up from 3.67 percent last week, the lowest since long-term mortgages began in the 1950s.The...

Read More..

US fixed mortgage rates fall to new record lows

WASHINGTON (AP) — Fixed U.S. mortgage rates fell again to new record lows, providing prospective buyers with more incentive to brave a modestly recovering housing market.Mortgage buyer Freddie Mac said Thursday that the average on the 30-year loan dropped to 3.62 percent. That's down from 3.66 percent last week and the lowest since long-term mortgages began in the 1950s.The average rate on the 15-year...

Read More..

Kenyan house prices rise in Q3 on interest rate drop

NAIROBI (Reuters) - Kenya's house prices rose by 7.1 percent in the third quarter of 2012 compared to the same period last year, a real estate firm said on Wednesday, as lower mortgage rates on the back of falling interest rates spurred demand for prime real estate.Housing has been one of Kenya's fastest growing sectors over the last decade, fuelled by a burgeoning middle class with higher disposable...

Read More..

New exhibition explores our love and hate of money

NEW YORK (Reuters) - How does money make you feel? Fearful, stressed, happy?U.S. financial guru Suze Orman has teamed with the producer of the popular Body Worlds exhibits for a new traveling show to look at how we relate to and understand money.Orman, media star and author of best-selling books on personal finance, described the finance-themed exhibit as "an extension of my life's work as a financial...

Read More..

Analysis: Mortgage demand too much for U.S. banks, who respond slowly

(Reuters) - Big U.S. banks are hiring mortgage bankers to meet a surge in demand for home loans and refinancings, but they are still struggling to process applications, which could undermine the Federal Reserve's attempts to stimulate the economy.Since the Fed announced its plan in September to buy up to $40 billion of mortgages a month, consumer mortgage rates have fallen more slowly and by less...

Read More..

Zurich puts Sandy storm damage claims at $700 million

 Natural gas distributor Laclede Group Inc is buying two utilities from Energy Transfer Equity LP for $1 billion, doubling its customer numbers and boosting its exposure to more stable state-regulated income.More than 91 percent of Laclede's earnings will come from rate-regulated business after the acquisition of Missouri Gas Energy and New England Gas Co, owned by Energy Transfer's affiliate,...

Read More..

Laclede to double customers in $1 billion deal with Energy Transfer

 Natural gas distributor Laclede Group Inc is buying two utilities from Energy Transfer Equity LP for $1 billion, doubling its customer numbers and boosting its exposure to more stable state-regulated income.More than 91 percent of Laclede's earnings will come from rate-regulated business after the acquisition of Missouri Gas Energy and New England Gas Co, owned by Energy Transfer's affiliate,...

Read More..

Sun Life sells U.S. annuity business, shares drop

 Sun Life Financial Inc will sell its U.S. annuity business for $1.35 billion to a firm connected to Guggenheim Partners in a deal that should reduce the exposure of the insurer's earnings to market swings and boost its cash levels.While the deal could bring long-term benefits to Sun Life, whose earnings have been derailed by wild market swings during recent years, investors pulled the company's...

Read More..

FactSet forecasts second-quarter results largely below estimates, shares fall

FactSet Research Systems Inc reported lower-than-expected first-quarter revenue, and the financial information provider forecast current-quarter results largely below estimates as banks and brokerages cut costs.FactSet shares fell 5 percent before the bell on Tuesday.The company, which provides data to portfolio managers, research analysts and investment bankers, forecast second-quarter earnings of...

Read More..

Jefferies results beat estimates on higher fixed-income revenue

(Reuters) - Jefferies Group Inc reported a higher-than-expected adjusted quarterly profit as the investment bank benefited from higher earnings from its fixed-income unit, and said its business expansion in Asia has started delivering.The midsized investment bank has been expanding in China and India and recently poached bankers from the Royal Bank of Scotland to expand its business in China.Jefferies...

Read More..

Doremitickets.com Announces Tour Dates for Luke Bryan 2013 Dirt Road Diaries

The popular Country singer Luke Bryan will be back next year with an exciting tour across the US. After the enormous popularity of his album Tailgates & Tanlines.Nashville, TN (PRWEB) December 27, 2012Country music sensation singer Luke Bryan, one of today's most popular country music artists, has just announced the US concert leg of his acclaimed tour Tailgates & Tanlines. The popular star...

Read More..

Windham, ME Pest Control Specialist, Ants ETC Presents a Brief Guide to Winter Pest Control

For those who think they do not need exterminator services in the cold winter months, professional pest control provider explains why perceptions may be off.Windham, ME (PRWEB) December 26, 2012People tend to rely on a belief that they need to deal with bugs during the warmer and wetter spring and summer months, but that bugs are not an issue during the cold winter months—they simply go away. Unfortunately,...

Read More..

First Ranked Online Supplier 123inkcartridges.ca to Expand Product Inventory to Include Easy One Touch Universal Car Mount Holder with iPhone 4/5 Smartphone Accessories

Canadian based online supply store 123inkcartridges.ca announced the latest expansion to their inventory of popular accessories for the iPhone 4 and 5 Smartphone. This is just one of the many new accessories and products geared to meeting the increased needs of their clientele.Montreal, Quebec (PRWEB) December 27, 2012After 123inkcartridges.ca began adding Smartphones to their product list, they found...

Read More..

Overcoming Procrastination Guide for Businesses Now Published Online by Marketer's Black Book

Overcoming procrastination for businesses guide is now published online by MarketersBlackBook.com. This helpful guide is designed to deliver the steps to eliminate workload distractions and achieve more results to help expand revenues online and offline.Seattle, Washington (PRWEB) December 27, 2012Time is money for business owners and revenues can increase when distractions are decreased according...

Read More..

‘Pain Management Solutions’ shows readers how to rebuild lives

Author Debra S. Cole provides coping strategies, advice and inspiration in new nonfictionAUSTIN, Texas (PRWEB) December 27, 2012In her new nonfiction, “Pain Management Solutions: Managing Pain in Stages” (published by iUniverse), author Debra S. Cole presents a holistic, five-stage process to help patients through their journey of pain management.“According to the Institute of Medicine of the National...

Read More..

Sun Life sells U.S. annuity business, shares drop

TORONTO (Reuters) - Sun Life Financial Inc will sell its U.S. annuity business for $1.35 billion to a firm connected to Guggenheim Partners in a deal that should reduce the exposure of the insurer's earnings to market swings and boost its cash levels.While the deal could bring long-term benefits to Sun Life, whose earnings have been derailed by wild market swings during recent years, investors pulled...

Read More..

FactSet forecasts second-quarter results largely below estimates, shares fall

(Reuters) - FactSet Research Systems Inc reported lower-than-expected first-quarter revenue, and the financial information provider forecast current-quarter results largely below estimates as banks and brokerages cut costs.FactSet shares fell 5 percent before the bell on Tuesday.The company, which provides data to portfolio managers, research analysts and investment bankers, forecast second-quarter...

Read More..

Jefferies results beat estimates on higher fixed-income revenue

(Reuters) - Jefferies Group Inc reported a higher-than-expected adjusted quarterly profit as the investment bank benefited from higher earnings from its fixed-income unit, and said its business expansion in Asia has started delivering.The midsized investment bank has been expanding in China and India and recently poached bankers from the Royal Bank of Scotland to expand its business in China.Jefferies...

Read More..

Oracle 2Q earnings rise 18 pct as tech spending up

SAN FRANCISCO (AP) — Oracle says its latest quarterly earnings rose 18 percent as companies splurged on more software and other technology toward the end of the year.The results announced Tuesday are an improvement from Oracle's previous quarter, when the company's revenue dipped slightly from a year earlier.The latest quarter spanned September through November. That makes Oracle the first technology...

Read More..