Thursday, December 4th, 2008
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Algona IA Debt Consolidation Services



Algona Iowa Information

Our Algona IA counselors are very aware of your needs. The counselors with Debt-Central.com will work diligently until an attainable financial plan is on place. To ensure you the lifestyle that you have been striving for.

The counselors with Debt Central will work on your behalf to reduce your fees and interest rates. Our counselors are available now to help residents of Algona.

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Here is some interesting news for Algona Iowa residents...



Falling mortgage rates can't thaw other credit (AP)
AP - Rates may be falling for residential mortgages and the securities backed by them, but there hasn't been a similar loosening in other strained areas of the credit markets.
 
Mortgage rates drop to lowest level since January (AP)

New Jersey Governor Jon Corzine speaks in his office in Trenton, New Jersey December 4, 2008. Corzine said on Thursday that preventing the foreclosure of home mortgages should have been a major focus of the federal government's bailout package and must be a major priority going forward.  REUTERS/Tim Shaffer (UNITED STATES)AP - Rates on 30-year mortgages plunged this week to the lowest level since January after the government launched a sweeping new effort to aid the U.S. housing market.


 
FDIC's Bair warns investors fighting loan changes (AP)
AP - Investors in mortgage securities who are challenging home loan modification programs aimed at avoiding foreclosures could provoke a "backlash" from Congress, the head of the FDIC said Thursday.
 
Seabreeze's Kass favors U.S. stocks over Treasuries (Reuters)
Reuters - Hedge-fund manager Doug Kass, who successfully shorted U.S. equities this year including shares of Fannie Mae and Freddie Mac , is now buying U.S. stocks on the belief that they have hit bottom.
 
Toll loss narrows, shares rise sharply (Reuters)
Reuters - Toll Brothers Inc , the largest U.S. luxury home builder, said its quarterly loss narrowed slightly as it wrote down less inventory, and its shares rose sharply as homebuilders extended a rally spurred by improved mortgage rates.
 
UK house prices fall at fastest rate in 16 years (AP)
AP - House prices in Britain fell at their fastest rate in 16 years during November, the country's biggest mortgage lender said Thursday, reinforcing market expectations that the Bank of England will later cut interest rates by at least another percentage point.
 
May 5th, 2008

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