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06/22/2007 Payday Lenders Deemed Not Suitable For Utility Payments
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Utility companies make is easy for many households to pay utility bills in person, and avoid the cost of transportation or postage.
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06/22/2007 Renting for Monthly Loss Could Result in Long-Term Gain
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I received an email from a reader in Santa Barbara County, Calif., regarding the sale of her house that, once selling fees and closing costs are paid out, she would have to come to the table with a check to get out of the property.
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06/21/2007 New innovators to appear at industry confab
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Founders of the newest Web 2.0 and real estate 2.0 streets will speak at Real Estate Connect in San Francisco, Aug. 1-3, giving a glimpse at their technologies, ideas and inspiration.
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06/21/2007 Subprime borrowers paying off credit cards before mortgages
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A study by the credit bureau Experian reveals borrowers with credit scores of 620 or lower are more likely to be behind on their mortgage payments than their credit card bills -- a departure from historic norms.
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06/21/2007 Mortgage rates end week lower
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Long-term mortgages rates dipped this week as weak home-builder optimism and lower housing starts took pressure off inflation, Freddie Mac and Bankrate.com reported today.
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06/21/2007 Slow economic growth to continue
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Although a key economic indicator improved in May on brighter employment and housing news, don't expect a boom anytime soon, The Conference Board reported today.
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06/21/2007 Internet Brands builds family of real estate sites
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Editor's note: Marketing experts expect a continuing migration of real estate advertising dollars online, so it's no surprise that a growing list of companies are seeking to capitalize on the online marketing trend. Some companies are focused around a single Web site, while others are approaching the industry from many fronts and with many sites to draw both real estate professionals and consumers. In this three-part special report, Inman News analyzes three large companies that each have multiple real estate holdings and Web sites. (Read Part 1, "Dominion Enterprises on the rise.")
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06/21/2007 Treasury yields, hedge fund woes may send mortgage rates up
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Mortgage rates are expected to push higher after Tuesday's surge in yields for 10-year Treasury notes and news that two Bear Stearns hedge funds that invested heavily in bonds backed by subprime mortgages may be near collapse.
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06/21/2007 Overnight real estate rates stand pat
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Long-term mortgage interest rates held steady Wednesday, and the
benchmark 10-year Treasury bond yield crept up to 5.13 percent.
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06/21/2007 Construction job loss may be understated
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Home builders have been hit hard by the downturn in the U.S. real estate market, and an economic report released this week by the Anderson Forecast at the University of California, Los Angeles, asks, "Where are the unemployed construction workers?"
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