Bad Credit Easy Financing Mortgage

Revisiting Intervale Road revisited

KENNEBUNK -- Though spring rains have receded and summer's heat has arrived, frustration still reigns hard in the minds and hearts of many Intervale Road residents affected by the Mother's Day flood.

Intervale, across from Kennebunk High School, was perhaps the hardest hit area in town.

More than two months later, two homes on the street remain uninhabitable "" one family and one widow remain displaced and struggling to pull themselves out of the post-flood hole. They continue the excruciatingly frustrating experience of navigating the rock-infested shoals of our local, state and federal bureaucracies. Their progress is often slow and maddening. Just the phrase "red tape" quickens their pulse now.

It was early May when Intervale residents went to bed on a Saturday night only to wake up Sunday morning to a surreal, amorphous landscape flowing by outside.

Australian stocks fall; CBA down, Downer dives

SYDNEY, Aug 9 (Reuters) - Australian shares shed 1.5 percent on Wednesday, as companies geared to U.S. growth fell on concerns of a slowdown in the world's biggest economy, while engineering contractor Downer EDI Ltd. slumped after flagging a full-year loss.

The benchmark S&P/ASX 200 index dropped 76.1 points, to 4,948.7, retreating from Tuesday's three-and-half week closing high.

The Federal Reserve's policy-making committee left the benchmark fed funds rate unchanged at 5.25 percent, and said economic growth had moderated from its strong pace earlier this year.

That pulled down U.S. stocks on Tuesday on worries that slower growth would hurt corporate profits.

Commonwealth Bank of Australia , the nation's top mortgage lender, fell 1.2 percent to A$46.24 despite reporting a 16.7 percent rise in second-half profit, as investors focused on the risks to future growth from rising interest rates.

Japan's Average Land Price Rises

TOKYO (AP) - Japan's tax agency said Tuesday that the average price of land rose around the country for the first time in 14 years, lifted by gains in the country's three major metropolitan areas.

The National Tax Agency's survey found the average price of land along selected major streets across the country rose to 114,000 yen (US$994; euro779) per sq. meter (yard) as of Jan. 1, 2006, up 1,000 yen (US$8.72, euro6.83), or 0.9 percent, from the year before.

Bad Credit Easy Financing Mortgage Link Partners and Resources