new loan blog

I'm in the market for a new house, so I've been looking around for some info and tips about applying for, and getting a home loan. I found this blog that has a ton of info on the topic. Take a look!

Columbia Fund Takes On The Forsaken (Investor's Business Daily)

Investor's Business Daily - Guy Pope loves misery. "I try to take advantage of fear and pessimism around stocks," said the manager of Columbia Common Stock Fund (NASDAQ:SMGIX - News).

'Sea change' seen in spouse's financial roles

Long-held stereotypes about marriage and money are biting the dust as couples grapple? with ?today's economic realities, according to our exclusive Elle/msnbc.com survey.

Love (and money) story of our time

Check out some of the surprising findings of our exclusive Elle/msnbc.com survey on attitudes toward money, sex and love.

Grim jobs, services deal blow to economy (Reuters)

Reuters - The slumping U.S. service sector and
weakening job market dealt further blows on Wednesday to an
economy teetering on the brink of recession, while the
beleaguered factory sector produced more bad news.

Costco, BJ's quarterly profits rise (Reuters)

Reuters - Costco Wholesale Corp and
BJ's Wholesale Club Inc posted higher quarterly profits
and better-than-expected February sales on Wednesday as the
warehouse clubs attracted bargain-hunting U.S. shoppers looking
for deals on food and fuel.

2008 retirees need $225,000 for health care

A couple retiring this year will need about $225,000 in savings to cover medical costs in retirement, according to a study released Wednesday by Fidelity Investments.

Chinese premier calls for price controls (AP)

AP - China's premier on Wednesday called for "powerful measures" to rein in inflation that is battering ordinary Chinese, saying the government will use price controls and curb soaring investment to hold prices to a 4.8 percent annual rise.

Banks should accept mortgage principal cuts: Bernanke (Reuters)

Reuters - Banks may have to swallow
reductions in the principal of some troubled home loans to ward
off greater losses that could result from outright default,
Federal Reserve Chairman Ben Bernanke said on Tuesday.

10 Tips: Rent a car without breaking the bank

Even if you’ve rented a car many times in the past, it’s still possible to experience that deer-in-the-headlights feeling as you stand at the counter and talk to the rental agent.

Market sinks on Citi forecast, oil's drop (Reuters)

Reuters - U.S. stocks dropped more than 1
percent on Tuesday as concerns about further losses at
Citigroup weighed on the financial sector and a sharp pullback
in oil prices dragged down energy shares.

Bernanke sees more house price drops (Reuters)

Reuters - Banks may have to swallow
reductions in the principal of some troubled home loans to ward
off greater losses that could result from outright default,
Federal Reserve Chairman Ben Bernanke said on Tuesday.

Staples profit near flat; outlook lowered (Reuters)

Reuters - Staples Inc , the No. 1 office
supply retailer, on Tuesday posted a flat quarterly profit and
cut its full-year outlook, citing a weak economic climate.

GM to idle 6 plants, Axle strike impact widens (Reuters)

Reuters - General Motors Corp said on
Monday two more assembly plants were running out of parts and
would have to be idled as the impact from a week-long strike
against supplier American Axle & Manufacturing widened
for the No. 1 U.S. automaker.

World stocks, dollar tumble on bank, economy woes (Reuters)

Reuters - World stocks tumbled while the dollar
plumbed record lows on Monday as fresh concerns about the
health of the banking sector and a U.S. recession drove
investors to safe-haven gold and government bonds.

U.S. retail gasoline price nears record: government (Reuters)

Reuters - U.S. retail gasoline prices rose
closer to record levels last week, up 3.2 cents from the
previous week due to higher crude oil costs, the government
said on Monday.

US manufacturing contracted in February (AP)

AP - U.S. manufacturing activity declined in February to its weakest level in nearly five years, an industry group survey showed Monday, heralding more instability in the job market and frailty in the overall economy.

Treasurys rally as stocks cave in (AP)

AP - Treasury prices rallied Friday, benefiting from a sharp decline in equity markets as investors reacted to weak economic reports and disappointing corporate earnings. The stock selloff sent the Dow Jones industrial average down more than 300 points.

Genesco, Finish Line agree to settlement (AP)

AP - Genesco Inc. announced on Monday it has agreed to end a legal battle to compel Finish Line Inc. and UBS AG to proceed with a proposed $1.5 billion buyout of the specialty retailer.

Subprime, debt still largest econ threat: poll (Reuters)

Reuters - The combined punch of subprime
mortgage defaults and heavy debt remains the biggest risk to
the health of the U.S. economy, a panel of business economists
said on Monday.

Investors Dump Equities For Bonds (Investor's Business Daily)

Investor's Business Daily - Investors trying to come to grips with a sharp market sell-off yanked $44.84 billion from stock funds in January, reversing December's inflow of $2.17 billion, according to the Investment Company Institute.

Answer Desk: Why are mortgage rates jumping?

If the Federal Reserve is busy cutting interest rates, why are mortgage rates jumping? The Answer Desk, by msnbc.com's John W. Schoen.

Venezuela urges OPEC to study Exxon row (Reuters)

Reuters - Venezuela wants next week's OPEC
meeting to discuss its escalating legal battle with Exxon Mobil
, a Venezuelan official was reported by Algeria's
official APS news agency as saying on Saturday.

Oil prices won't fall under $60-$70: Naimi (Reuters)

Reuters - Oil prices won't fall below $60 to $70
a barrel as this is the minimum level at which alternative
fuels are economically viable, Saudi Oil Minister Ali al-Naimi
said in remarks published on Sunday by Algeria's APS news
agency.

Motorola wins $335 million Saudi contract (Reuters)

Reuters - Motorola Inc said on Sunday it won a
$335 million contract with Zain Saudi Arabia to deploy and
manage a mobile phone network.

Meter still running on GM's Delphi ride (Reuters)

Reuters - Almost a decade after spinning off
Delphi Corp and more than two years after the auto parts maker
filed for bankruptcy, General Motors Corp is still
grappling with the costly legacy of its former subsidiary.

Northrop-EADS beats Boeing to build U.S. tanker (Reuters)

Reuters - Northrop Grumman and Airbus parent
EADS won a $35 billion U.S. Air Force refueling plane deal on
Friday in a surprise blow to Boeing, until now the Pentagon's
sole supplier of aerial tankers.

Buyout firms put energy infrastructure in pipeline (Reuters)

Reuters - Private equity firms are snapping up
energy infrastructure assets like pipelines and storage
facilities, which are some of the few buyouts likely to attract
financing as credit markets remain in a deep freeze.

Credit crisis throws AIG into "uncharted waters" (Reuters)

Reuters - American International Group ,
on the heels of reporting its largest-ever loss, said on Friday
the subprime crisis had thrown it into "uncharted waters" that
were likely to remain choppy through 2008.

Fed officials vow to keep watch on inflation (Reuters)

Reuters - The Federal Reserve's rapid-fire
interest rate reductions were warranted, but the central bank
must reverse course quickly once calm is restored to financial
markets, Fed officials said on Friday.

Consumer spending stalls (AP)

AP - Consumer spending is threatening to stall out while consumer confidence, battered by soaring energy costs and falling home prices, has taken a steep nosedive.