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Personal Finance News

News on Personal Finance continually updated from thousands of sources around the net.

2 hrs ago | Worcester News

Signs of housing market cool down

The gap between house sellers' asking prices and the amounts that buyers are willing to pay is widening in growing signs of a cool down in the market, property analyst Hometrack has reported.


Related Topix: Home Listing, Mortgage

7 hrs ago | Brandon Sun

Quebec-based Laurentian Bank increases its third-quarter net income

Laurentian Bank reported Thursday a third-quarter profit of $40.1 million, up from a year ago, helped by its commercial banking business.


Related Topix: Mortgage, Home

11 hrs ago | Park Record

Average US 30-year mortgage rate at 4.1 percent

Mortgage company Freddie Mac also said Thursday that the average for a 15-year mortgage, a popular choice for people who are refinancing, rose to 3.25 percent from 3.23 percent.


Related Topix: Home, Mortgage, Housing, Park City, UT

13 hrs ago | The New Zealand Herald

Contracts to buy US homes rise in hopeful sign

More Americans signed contracts to buy homes in July, a sign that buying has improved as mortgage rates have slipped, the number of listings has risen and the rate of price increases has slowed.


Related Topix: Home, Mortgage, Real Estate, Housing, Home Buying

13 hrs ago | Hispanic Business

U.S. Banks' Earnings Rose 5.2 Percent in Q2

U.S. banks' earnings rose 5.2 percent in the April-June quarter from a year earlier, as banks reduced their expenses and lending marked its fastest pace since 2007.


Related Topix: Home, Mortgage

15 hrs ago | Brandon Sun

Housing more affordable in second quarter as low rates offset high home prices

The Royal Bank says housing was more affordable across Canada in the second quarter as low mortgage rates offset solid price increases.


Related Topix: Housing, Mortgage, Home

19 hrs ago | Brandon Sun

Quebec unions bash government over proposed pension reforms

Quebec unions continued bashing proposed pension reforms on Wednesday as they accused the provincial government of bulldozing through legislature hearings on the issue.


Related Topix: Pension

Wed Aug 27, 2014

The New Zealand Herald

Survey: Americans' pessimism on economy has grown

Americans are more anxious about the economy now than they were right after the Great Recession ended despite stock market gains, falling unemployment and growth moving closer to full health.


Related Topix: Rutgers University, Home, Mortgage

Cybercast News Service

A leader admits guilt in big disability-fraud case

An accused ringleader of a sprawling disabilities fraud scheme admitted Wednesday he helped coach retired police officers and others to fake mental-health problems to get Social Security benefits.


Related Topix: Social Security

ABC News 4 Charleston

SC's pension investment agency hires new director

For the second time in three months, the agency investing South Carolina's pension portfolio has named an executive director.


Related Topix: Pension, Retirement


SEC adopts rules on loan-backed securities

Financial firms that sell securities backed by loans, like the kind that fueled the 2008 financial crisis, will have to give investors details on borrowers' credit record and income under action taken Wednesday by federal regulators.


Related Topix: Securities and Exchange Commission, Corporate / Securities Law, Law, Home, Mortgage

Brandon Sun

Cypriots protest proposed foreclosures legislation mandated by bailed-out country's creditors

Hundreds of Cypriots have staged a protest outside the presidential palace against proposed legislation aimed at helping the bailed-out country's beleaguered banks collect on bad loans.


Related Topix: Foreclosures, Mortgage, Home

Deseret News

Cantwell targets small business loan gender gap

In this Dec. 6, 2012 file photo, Sen. Maria Cantwell, D-Wash. speaks during a news conference on Capitol Hill in Washington.


Related Topix: Small Business, US Politics, Maria Cantwell, US News, US Senate, Democrat, Washington, Washington Government, Mary Landrieu

The Peninsula

RBS fined 14mn over poor mortgage advice

LONDON: Britain's bailed-out Royal Bank of Scotland has been fined 14 million for not taking enough care to explain to home-buyers the costs of taking out a mortgage, regulators said on Wednesday.


Related Topix: Mortgage, Home

Radio City

Housing Market Pays Dividends At Foxtons

The London-focused estate agents saw its pre-tax profit up by 57% to A 23.1m in the six months to June 30. The special dividend payment is more than half of the group's profit before tax and is the second pay out since it returned to London's stock market almost a year ago.


Related Topix: Mortgage, Home

Stars and Stripes

White House honor comes to veteran - as his business struggles

After a decade of being fired or quitting jobs in his struggle to adjust to civilian life, former Marine Corps sniper Matt Victoriano started his own coffee shop, vowing to employ struggling vets like himself.


Related Topix: Small Business

Tue Aug 26, 2014

The Montreal Gazette

Bombardier workers in Thunder Bay, Ont., turn down latest company offer

Unifor Local 1075 says its members, who have been on strike since July 14, turned down the offer by a vote of 80 per cent.


Related Topix: Canada, Pension, Outsourcing

Crewe Guardian

Darling and Brown reunite to say No

Alistair Darling will be reunited with former prime minister Gordon Brown today as the two men join forces to campaign to keep Scotland in the United Kingdom.


Related Topix: Alistair Darling, Europe, World News, United Kingdom, Gordon Brown, Small Business

CT Gov. Malloy Expresses 'Serious Concern' Over CL&P Proposed Rate Hike

Connecticut Governor Dannel P. Malloy said today that Connecticut Light & Power's request for a staggering increase of nearly 60 percent in the fixed monthly service fee on monthly electric bills is at odds with Connecticut's strategy of encouraging energy efficiency and the use of renewable energy sources and unfairly penalizes those who use the ... (more)


Related Topix: Dan Malloy, US Governors, Alternative Energy, Renewable Energy (Green Energy), Energy, Small Business


Obama announces new efforts for vets

President Barack Obama detailed Tuesday how his administration is attempting to rectify shortfalls in caring for war veterans, just as new threats abroad could require more sacrifices for American military families.


Related Topix: 2012 Presidential Election, US Politics, US News, Barack Obama, Life, Veteran Affairs, Home, Mortgage