Archive for July, 2012

NatWest launches 2.95pc 5-year fix

NatWest for Intermediaries has launched a 5-year fixed rate mortgage at 2.95% up to 60% loan to value – swiping the the lowest ever 5-year fix offered in the UK title from HSBC and Santander both of which offer 2.99%.

Housing market is looking up

After years of decline and stagnation, the local housing market picked up in the second quarter of the year.

Strong Demand for Smartphones Driving the Worldwide Mobile Phone Market

The worldwide mobile phone market grew 1% year over year in the second quarter of 2012 , as Samsung and Apple shipped almost half of the world's smartphones.

Home sales strong across Delaware

The slow-but-steady rebound of Delaware's residential real estate market gained more momentum in June as buyers scurried to take advantage of record low interest rates and still-dropping prices.

Spain's troubled regions examined

Spain's 17 indebted autonomous regions, currently shut out of international markets, have been a major source of concern for investors after they missed deficit targets last year.

L.A. County adds jobs, sees unemployment rate dip

Los Angeles County's unemployment rate inched lower in June and 13,300 jobs were added, but one Southland expert says more momentum is needed to kick-start the economy. Photo gallery: Pasadena Workforce Investment Training Board Helping to Find Jobs

Home construction makes steady comeback

WASHINGTON Builders are putting up more houses than they have in nearly four years, a long-awaited recovery that could help energize the U.S. economy.

Sterling buoyed versus dollar on US easing speculation

LONDON: Sterling hit a near two-week high against the dollar on Tuesday, extending gains from the previous day when poor US retail sales data added to speculation the Federal Reserve may opt for another round of monetary stimulus to boost growth.

Clinton Co. commissioner race down to two

The race to represent District 4 on the Clinton County Board of Commissioners will be decided during the Aug. 7 primary election.

Business News in Brief

Business news from around the region and elsewhere.