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Financial and Business Services

A collection of news and information related to Financial and Business Services published by this site and its partners.

Top Financial and Business Services Articles

Displaying items 67-77
  • Mortgage money, better selection of homes to ring in new year

    Mortgage money, better selection of homes to ring in new year
    South Florida home prices soared from 2000 to 2005, then plunged during the next six years before quickly bouncing off the bottom. But the market's mood swings appear to be over, analysts say. Housing settled into a more reliable investment in 2014,...
  • Stretching your nest egg for a comfortable retirement

    Stretching your nest egg for a comfortable retirement
    Are you ready for retirement? I'm not talking about the feeling that you'd like to chuck your job or the daily grind of commuting. Rather, do you know if you have enough money to retire and how to stretch what you've saved so the money lasts? If you...
  • Mortgage rates edge up, but still at 19-month low

    Mortgage rates edge up, but still at 19-month low
    Average U.S. mortgage rates rose slightly this week, but the benchmark 30-year rate stayed near a 19-month low. Mortgage giant Freddie Mac says the nationwide average for a 30-year fixed rate mortgage increased to 3.87 percent this week, up from 3.83...
  • Review: 'The Working Man's Reward' by Elaine Lewinnek

    Review: 'The Working Man's Reward' by Elaine Lewinnek
    Define "suburb." More specifically, define "Chicago suburb." The task is harder than it at first seems. Affluent residential communities from which the elite commute to the Loop? Sure, but what about Cicero or Blue Island? OK: Smaller towns outside...
  • Mortgage rates defy experts to close year below 4%, Freddie Mac says

    Mortgage rates defy experts to close year below 4%, Freddie Mac says
    Closing out a year of surprisingly low mortgage interest rates, the average rate for a conventional 30-year home loan was 3.87% this week, Freddie Mac said, up slightly from 3.83% a week ago. The home-financing giant reported that the 30-year rate...
  • Mortgage rates defied forecasts in 2014; what's ahead in 2015?

    Mortgage rates defied forecasts in 2014; what's ahead in 2015?
    Housing economists were nearly unanimous a year ago: U.S. mortgage rates would rise in 2014 because the Federal Reserve was unwinding a key economic stimulus that had helped keep long-term interest rates low. But as the year passed, the Fed's pull-...
  • More private lenders looking at real estate

    More private lenders looking at real estate
    When Diego F. Burneo started buying and renovating homes in 2011, he had to rely on cash to cover expenses, a restriction that slowed his pace and forced him to split profits with a family member. But in November, the Anne Arundel County real estate...
  • $6.5 million Metra station proposal tops 2014 'Year in Review'

    $6.5 million Metra station proposal tops 2014 'Year in Review'
    As 2014 comes to an end, the Lake Forester looks back at the biggest stories we reported on this year. Proposal to make Metra station safer stalls without funding A city report specifying exactly how much money would be required to upgrade the West Lake...
  • Discover to spend $35M next year on credit, debit cards with microchips

    Discover Financial Services will spend more than $35 million in 2015 to issue credit and debit cards embedded with chips that are considered more secure than those with magnetic strips. The new cards will include a microchip that should reduce incidents...
  • Florida tops in foreclosures again, 13 of last 14 months

    Florida tops in foreclosures again, 13 of last 14 months
    A year and a half after the Florida Legislature approved a foreclosure-streamlining measure, the state continues to lead the nation for its rate of home repossessions. In November, Florida further cemented its position as No. 1 in the country for...
  • California's top 2014 IPO: online finance disruptor Lending Club

    California's top 2014 IPO: online finance disruptor Lending Club
    The online lending challenge to banks exploded on Thursday with the stock market debut of Lending Club Corp., a San Francisco company that harnesses the Internet to help investors provide personal loans to consumers. Lending Club raised $870 million...