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02 February 2012 ~ Comments Off

Celtics avoid second straight collapse against Cavs

AHN Sports Staff Cleveland, OH, United States (AHN Sports) – Two nights after scoring the final 12 points to secure a one-point win against Boston, Cleveland cut a 21-point deficit to two Tuesday at Quickens Loan Arena before dropping a 93-90 decision to the bewildered Celtics. Anderson Varajao had a Herculean effort with 20 points [...]

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23 January 2012 ~ Comments Off

Mortgage rates hit another record low

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – Rates for U.S. 30 year mortgages dropped to the lowest level on record as the number of homeowners seeking to reduce their monthly payments soared. The average rate for a 30-year fixed loan for the week ending Jan. 19 fell to 3.88 [...]

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13 January 2012 ~ Comments Off

Visions for a healthier West Bank economy

Ramallah, Palestinian Territory (IRIN) – Izz Tawil draws a black circle on the flip-chart in his office in Ramallah, capital of the West Bank in the occupied Palestinian territory (oPt). “The Palestinian economy is a closed cash-circle,” the general manager of the Palestinian microfinance network Sharakeh explains. He goes on to draw several small arrows [...]

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03 January 2012 ~ Comments Off

Arsenal manager Arsene Wenger pleased about Henry’s return

AHN Sports Staff London, England, United Kingdom (AHN Sports) – Arsenal manager Arsene Wenger is excited over Thierry Henry’s return on a two-month loan from the New York Red Bulls. “I have done this for footballing reasons because I need a striker for two months and I don’t have one at the moment,” Wenger said, [...]

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24 December 2011 ~ Comments Off

Mortgage rates fall to historic lows once again

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – How low can they go? That is the question many people are asking after the average rate on 30-year fixed mortgages hit new lows again for the week ending Dec. 22. The average rate on 30-year fixed mortgages fell to a record [...]

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14 December 2011 ~ Comments Off

Israel faces housing bubble – or bust, OECD warns

The Media Line Staff Jerusalem, Israel David Rosenberg (The Medi – Home prices – an anxious subject for both Israeli consumers and policy makers as they first raced higher and then suddenly started to sink – remain a threat to the economy, the Organization for Economic Cooperation and Development (OECD) warned on Monday. Although the [...]

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04 December 2011 ~ Comments Off

49ers, city of Santa Clara announce loan deal for new stadium project

John Nestor – AHN Sports Correspondent Santa Clara, CA, United States (AHN Sports) – The San Francisco 49ers might need a name change soon. The 49ers and the City of Santa Clara announced Friday that they have secured funding for a new stadium project. Santa Clara is about 45 miles south of San Francisco. The [...]

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24 November 2011 ~ Comments Off

Mortgage insurance ‘kickbacks’ alleged in Supreme Court case

Tom Ramstack – AHN News Legal Correspondent Washington, DC, United States (AHN) – The Supreme Court plans to confront consumers’ anger toward the mortgage lending industry Monday with a hearing in a lawsuit against a real estate title company. The plaintiff, Denise Edwards, is trying to sue First American Financial Corp. in a class action [...]

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14 November 2011 ~ Comments Off

Perry says Sorry, oops and that he won’t step down

Diane Alter – AHN News Reporter Rochester, MI, United States (AHN) – Wednesday’s CNBC Republican debate in Michigan wasn’t without a few gaffs and gaps. The Republican candidates stressed their opposition to U.S. government bailouts for banks, Europe and the auto industry. Former Massachusetts Gov. Mitt Romney rejected a suggestion that the U.S. should help [...]

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04 November 2011 ~ Comments Off

Average student loan debt clinbs to new high

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – There is nothing average about the new average student loan debt. The average debt of college seniors who graduated in 2010 with student loans increased 5 percent from a year earlier to $25,250. The amount is the highest level ever. The figure [...]

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