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First Rate Financial Group Adds New Broker To Roster
http://www.prleap.com/pr/217489/
(PRLEAP.COM) Westlake Village, CA - First Rate Financial Group is pleased to announce the recent hiring of Steve Patronete to our team of Ventura County mortgage brokers. Steve Patronete brings years of experience and a reputation for excellence to the 

Ruble weakens as emerging markets get hit, making Russians wary of costly ...
http://www.washingtonpost.com/world/europe/ruble-weakens-as-emerging-markets-get-hit-making-russians-wary-of-costly-food-phones/2014/01/25/1d8805a8-85ce-11e3-b85b-b305db87fb90_story.html?tid=hpModule_949fa2be-8691-11e2-9d71-f0feafdd1394
The dollar has hit 34 rubles for the first time since 2009. Is something Previous financial crises demonstrated the Central Bank was unable to properly manage interest rates when it was managing the exchange rate, he said in an interview. “Managing

The process of rate rises has to start earlier, not later
http://www.telegraph.co.uk/finance/comment/10597512/The-process-of-rate-rises-has-to-start-earlier-not-later.html
The process of rate rises has to start earlier, not later That may not sound spectacular in the context of the average economic growth in the UK economy of 3.3pc from 1982-2007, but we are in a “new normal” economy shaped by the financial crisis and the shift in global economic power to China, India and other

NC jobless rate plummets, but questions remain about strength of 'Carolina ...
http://www.journalnow.com/business/business_news/local/article_9df014cd-53e7-5ae0-a6ad-a059d4c0a278.html
But advocates for the poor argue that quirks in the way the unemployment rate is calculated distort the state's job market and paint an overly optimistic picture of the economy – not to mention glossing over the financial hardships faced by the jobless

Singapore Hot for Shakespeare

As the global financial crisis hits hard Broadway shows, more and more theatre productions are looking to Asia to stage their plays. We go to ...

BOE rate hike not enough to lift British pound versus dollar

The U.S. dollar strengthened against most of its rivals Thursday afternoon, against the backdrop of an ailing British pound, which even a hawkish Bank of England couldn’t lift.

The U.K. central bank matched market expectations and upped its benchmark rate by 25 basis points to 0.75% , calling a first-quarter economic growth slowdown temporary and saying that data demonstrated solid improvement in the second quarter.

That said, the committee said it “continues to recognize that the economic outlook could be influenced significantly by the response of households, businesses and financial markets to developments related to the process of EU withdrawal.”

Don’t miss: Hawkish Bank of England brings caution, not confidence, to British pound traders

Investors’ concerns about the state of U.K.-EU relations with the final Brexit date in March 2019 coming closer have overshadowed the BOE’s tightening bias. Analysts recognized that with rising inflation, in part due to the weaker pound, and an uncertain economic path ahead, the BOE needed to negotiate a delicate balance between muting the effects of rising prices and inflation and dealing with the uncertainty wrought by the coming exit from out Europe’s trade pact.

Vermont's ballooning pension debt threatens state's financial future

Since 2007, both the legislative and executive branches have been committed to fully funding the state’s annual contribution to the pension funds, she said.

The state is making progress, she said, though she acknowledges there is a long way to go.

“You’re not going to turn these things around on a dime,” she said.

The state also reduced its projected rate of return on investments this year, from 7.95 percent to 7.5 percent.

Pearce said the state evaluates its portfolio of investments on a regular basis, and it always on the lookout for ways to secure better investment results.

Pearce said she has been looking into modifying employee retirement plans according to the private sector model, but a study conducted last year found that changing to a defined contribution plan likely would cost the state more, and would not address the unfunded liability issues.

“The bottom line for me is there are no quick fixes,” she said.

Madison First Financial (www.madrate.com) for a home mortage refinance?

Is anyone familiar with Madison First Financial (www.madrate.com) and had any experience with this company?

Are they a first rate company with a good reputation? Has anyone used them or known someone that used them for a mortgage?


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