Alna Real Estate News
Real Estate news for Alna, ME continually updated from thousands of sources.
Sep 12, 2015 | via Herald Gazette
Kelley, a cashier at the Lincoln County Store, says that if it weren't for the local homeless shelter, the Hospitality House, "I would be living out of my van." She lost her job in her devotion to caring for her mother, and because she couldn't keep up with the mortgage payments, lost her trailer. Comment?
Jul 22, 2015 | via Lincoln County News
The Wiscasset Primary School and Mason Station will go on the market, Wiscasset selectmen decided at their Tuesday, July 21 meeting. Real estate agent Sherri Dunbar, of Dunham Realty, was instructed to aggressively pursue their sale. Comment?
Jul 2, 2015 | via Capital Weekly
Lately I have heard people beginning to mutter about the cost of living in Maine, especially in connection with groceries and housing. It has been many years since the idea of decent annual wage raises sort of evaporated, but I have noticed that my favorite sausages have increased over the last decade from $2 and some cents to $4 and some cents per package. Comment?
Jun 22, 2015 | via Sun Journal
The association says 1,335 single-family existing homes changed hands during the month. That is an increase of 2.53 percent. Comment?
Feb 24, 2015 | via Lincoln County News
Daniel R. Overlock, 43, Edgecomb, operating under the influence, one prior, $900, 12 days in jail, license and registration suspended. Comment?
Friday Sep 25 | via ThinkProgress
Lewiston, Maine, has long been home to one of the nation's more liberal colleges . It can also lay claim to having one of America's more conservative mayors. Comment?
Monday Sep 21 | via Bangor Daily News
Being the governor involves many different sorts of jobs, but Gov. LePage has decided not to do some of them. A few months ago, LePage refused to do the normal work of working with the legislative branch. Comment?
Sep 11, 2015 | via Bangor Daily News
PRESQUE ISLE, Maine - When Jane Towle moved back to Aroostook County in 2004 after working as a real estate agent in New Hampshire, "the market was falling behind us as we drove across the Kittery bridge." Towle and her husband were returning to raise their sons, and they left just as the housing bubble was spreading from southern New England into Maine and then contributing to the nationwide Great Recession. Comment?
Sep 3, 2015 | via Bangor Daily News
Reed Branscombe and Rebecca Allen stand in front of their new home on Thursday in Brewer. They were able to purchase their home through the USDA Rural Development Single-Family Housing Guaranteed Program without a down payment. Comment?
Aug 25, 2015 | via Bangor Daily News
All around the country, students are packing up and going off to college. Proud parents are remembering moments like when their kids came home from the hospital, ventured off to kindergarten and attended their first school dance. Comment?
7 min ago | via NBR Newsroom
Australia's second-largest bank lender, Westpac Banking Corp, plans to raise $A3.5 billion in a discounted rights offer to meet new capital requirements and posted a 3% increase in full-year cash earnings boosted by lending growth. The one-for-23 offer of about 138.4 million shares at $A25.50 apiece will lift Westpac's common equity Tier-1 ratio by about 100 basis points to more than 14%, which the lender says will put it in the top quartile of banks globally. Comment?
11 min ago | via Crikey
Cynical Westpac? Banks are not known for the their PR smarts - and Westpac this morning provided the latest best-in-class example by announcing that it will sting its home loan customers by raising home mortgage rates to help build up its capital base, rather than forcing shareholders to accept no increase or a reduction in their dividends to achieve the same end. Comment?
19 min ago | via Bloomberg
JPMorgan Chase & Co., the first big U.S. bank to report earnings after the third-quarter's market tumult, missed analysts' estimates and cautioned that trading is off to a tepid start this quarter. The nation's largest lender said revenue fell 6.4 percent in the three months ended Sept. Comment?
20 min ago | via West Australian
Australian banking giant Westpac said Wednesday it was raising Aus$3.5 billion in capital and lifting home loan interest rates, in a move likely to increase pressure on the central bank to loosen monetary policy. Westpac, the nation's second-largest mortgage lender, said the decisions were in response to tougher regulations requiring banks to hold more capital reserves as a buffer against mortgages after the global financial crisis. Comment?
20 min ago | via West Australian
The chances of a rate cut by the Reserve Bank will increase if the major banks follow Westpac's lead and lift home loan rates, economists say. Westpac is raising its variable mortgage rates by 0.20 percentage points from November 20 as it passes on some of the cost of new capital requirements, sparking speculation its three major rivals will follow suit. Comment?
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