RICHMOND, British Columbia, September 21, 2007 — Federal, provincial and community partners, including the S.U.C.C.E.S.S. Multi-Level Care Society, celebrated the opening today of a new $15.5-million facility with 50 assisted living units.
It seemed to smack a bit of desperation at the time, but in hindsight
it appears to look more like marketing genius.
A lot of attention has been paid to the Federal Reserve’s decision on Tuesday to cut the Federal Funds Rate by a half percent - but what does this jargon mean for consumers? The answer can be complicated.
Housing starts in August hit the lowest level on an
annualized basis since July 1995 The news would have been even worse if
it were not for a substantial increase in activity in multi-
family housing starts. Construction on projects with…
Even before the Federal Reserve’s
half point rate cut on Tuesday Freddie Mac’s Primary Mortgage Market
Survey showed another dramatic downturn in both long and
short term interest rates for conventional mortgages.
One day after the Fed cut rates and the House of Representatives
approved FHA Reform, the Senate Banking Committee
approved legislation that would expand the ability of the FHA to insure
mortgages, including higher-risk borrowers.
The Federal Open Market Committee (FOMC, Fed) today reduced its Fed Funds Rate by a half percent. This was the first reduction of the rate in more than three years.
The Federal Reserve slashed benchmark interest rates
by a half point in an agressive move to prevent the economy from moving
into recession and to ease the pains of the housing bubble. The decision
to cut the overnight federal funds rate from 5.25% to 4.75% was
unanimous. This is the lowest level since May of 2006 and the first time
the Fed has cut interest rates since June 2003. It was the first 1/2
point cut since November of 2002.
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FORT ST. JOHN, British Columbia, September 14, 2007 — The official opening of Heritage Manor II, a new $6.2 million, 24-unit assisted living development, was celebrated today by all three levels of government in Fort St. John.
OKOTOKS, Alberta, September 17, 2007 — The Canadian Equity Group Inc is seeking a driven and motivated web designer/developer with some marketing experience. Your responsibilities will be to build and maintain numerous financial websites and portals. You MUST be able to maintain comprehensive websites that include databases created with Perl/PHP/MySQL with a solid understanding of HTML, …
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It is hard to find a tragedy in the world that some heartless rat
can’t find a way to exploit and the current and growing incidence of
foreclosures doesn’t violate the rule.
The Woonsocket Task Force on Substance Abuse (WTFSA) through its Youth Committee provides an opportunity for youth in grades 6 through 12 to learn about the dangers of alcohol, tobacco and other drugs (ATOD). Youth Committee members agree to remain ATOD ……
Through chance or scheme, it’s common for a quoted interest rate to change, says Bankrate car expert Terry Jackson. That’s why you should never take a car until the deal is sealed.
On the eve of citrus season, proposed changes in federal fresh fruit shipping rules have touched off a major battle between Florida growers and their counterparts in California and other citrus-producing states. Judge tosses key evidence in Cuban custody case A Miami judge threw out a significant piece of the […]
WINKLER, Manitoba, September 13, 2007 — Manitobans in the Winkler area now have access to a new affordable housing complex, as a result of close to $2 million in federal and provincial funding under the Canada – Manitoba Affordable Housing Initiative (AHI).
Lawrence Yun, senior economist for NAR said that unusual
disruptions are dampening the outlook for home sales, notably
for August and September. “There’s been an unusual hit to home sales,
starting in March when subprime problems emerged and more recently when
problems spread to jumbo loans, with many potential buyers on the
sidelines.