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Home buying up in week, but down 40 percent in year (Reuters)

London shares ended in positive territory Thursday on US jobs and home sales data after falling in early deals.(AFP/File/Carl de Souza)Reuters - Americans applied to buy homes at the highest pace last week since May, but more than 8 of every 10 loan requests was for a refinancing, Mortgage Bankers Association data show on Wednesday.



 
Oppenheimer downgrades H&R Block to 'Perform' (AP)
AP - Tax preparation company H&R Block has struggled for the last two tax seasons and faces uncertainty over the mortgages it still holds from its former lending operations, an Oppenheimer analyst said Wednesday.
 
Bankers urge government to pull plug on Fannie, Freddie (Reuters)
Reuters - The federal government should take mortgage finance giants Fannie Mae and Freddie Mac off life support sooner rather than later, the Mortgage Bankers Association urged on Wednesday.
 
Petrobras sells 64 bln dlrs of stock to fund oil exploration (AFP)

An oil platform off the coast of Brazil. Brazil's Petrobras unveiled one of the world's biggest share offerings Friday, a sale of up to 64 billion dollars in new stock to finance oil exploration aimed at turning Brazil into a leading oil exporter of the 21st century.(AFP/File/Antonio Scorza)AFP - Brazil's Petrobras unveiled one of the world's biggest share offerings Friday, a sale of up to 64 billion dollars in new stock to finance oil exploration aimed at turning Brazil into a leading oil exporter of the 21st century.



 
Mortgage lending down 1.5 pct as rates inch up (AP)
AP - Applications for home loans dipped last week as mortgage rates ticked up slightly from the lowest level in decades.
 

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Budget Tips - The Basics
If you have never created a family budget, you are not alone. Many people have never sat down to create a family budget, but this is something that every family not only needs to do but rather something that they need to look at each and every month. To create a budget, you need to first write down the amount of income your family receives from all sources each month.
 
Identity Theft - 12 Ways to Protect Yourself and Your Credit
Protect your identity and your credit. Identity theft is spreading at an alarming rate. Databases all over are being compromised and people's information is being stolen. Just about any database that stores sensitive information can be entered by unauthorized individuals. Large attacks include student loan databases and credit card companies. Anywhere that you leave your credit card information can be a potential danger.
 
Making Your Goals Automatic
I came across a motivational poster the other day that said: “It’s the start that stops most people.” At first I thought it was cheesy. Then I thought about it some more and...

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The Four Biggest Advantages of Prepaid Credit Cards
There are various prepaid credit cards available today. For those who have bad credit ratings and thus denied of a regular credit card find solutions in the prepaid re-loadable credit card. They get the same features as a regular plastic card only you have to load money first and whatever amount you deposit is going to be your credit limit.
 
Citgo Credit Card - Getting The Best Citgo Deal
CITGO is one of the world's largest oil refining companies and a marketer of transportation fuels, lubricants and petrochemicals. They have thousands of gas stations around the country.
 
Patience
I was just thinking today about how the good things in life develop slowly over time, but the bad happens near instantly. It takes decades to build your career, but only a couple minutes to get...

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