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Mortgages and the younger borrower

Submitted by Fox First at Ten on September 25th

By Kirk HaverkampProvided by With home prices and mortgage rates as low as there are, it's an attractive time for young people to buy their first home. But many are unsure whether they can qualify for a mortgage. To be sure, the current generation is less enthusiastic about home

Mortgages and the younger borrower

Submitted by Fox First at Ten on September 25th

Italy's borrowing costs continue to fall

Submitted by Fox First at Ten on September 25th

ROME (AP) - Italy is finding it easier to raise money on the world's debt markets thanks to the European Central Bank's decision to help lower the borrowing costs of heavily indebted countries. On Tuesday, the government raised €5.5 billion in a series of auctions for two-, four and 10-year

ECB's Draghi defends bond-buying plans to Germans

Submitted by Fox First at Ten on September 25th

By GEIR MOULSONAssociated Press BERLIN (AP) - The head of the European Central Bank sought Tuesday to win a skeptical German audience over to his plans to buy potentially unlimited amounts of government bonds to help the continent's most indebted states survive the financial crisis. Mario

NY a busy battleground of competitive House races

Submitted by Fox First at Ten on September 25th

By MICHAEL HILLAssociated Press ALBANY, N.Y. (AP) - New York state's congressional elections are testing the staying power of Republicans who rode a tea party wave to a House majority two years ago - as well as the resilience of Democrats striving to regain control. Democrats are targeting

Prices of Facebook stock since long-awaited IPO

Submitted by Fox First at Ten on September 24th

By The Associated Press Facebook's stock has been down on 50 trading days, up on 38 and unchanged on two since its initial public offering. Facebook began trading publicly in mid-May following one of the most anticipated stock offerings in history. The IPO priced at $38, at the top of a

Commodity prices fall on global growth worries

Submitted by Fox First at Ten on September 24th

By SANDY SHOREAP Business Writer Most commodity prices dropped Monday as worries about global economic growth bubble back to the surface. Gold, industrial metals and energy products all fell after a closely watched survey showed business confidence fell for a fifth straight month in Germany.

Clarification: Private Prisons-Immigrants story

Submitted by Fox First at Ten on September 24th

MIAMI (AP) - In a story Aug. 2, The Associated Press reported that three private prison companies in the U.S. have spent at least $45 million on campaign donations and lobbyists in the last decade, and that the number of illegal immigrants detained rose sharply during that period. The story said

Winter onset latest challenge for Syrian civilians

Submitted by Fox First at Ten on September 24th

By PAUL SCHEMMAssociated Press TEL RIFAAT, Syria (AP) - The days are still warm across the fertile plains of northern Syria around Aleppo, but night brings a chill - an ominous harbinger of winter's approach and the deepening of the already severe humanitarian crisis gripping a country

Calif. FBI agent accused of paying for prostitutes

Submitted by Fox First at Ten on September 24th

By GREG RISLINGAssociated Press LOS ANGELES (AP) - An undercover FBI agent has been accused in court documents of spending U.S. taxpayer dollars on prostitutes in the Philippines for himself and others during an international weapons trafficking probe last year. Deputy Federal Public Defender