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...with home prices up an average of 54% over the past five years. That may explain why a recent survey by the National Association of Realtors found that a startling 43% of first timers signed up for no-money-down mortgages. But financing 100% of your home exacts some extra costs, like private mortgage insurance, which most lenders require for a down payment of less than 20%. On top of a larger than average down payment, you may also be saddled with a premium--generally about 0.5% of your loan--during the first year of payments. But the biggest danger...

Author: /time Magazine | Title: Money: Are You Overleveraged? | 2/26/2006 | See Source »

...sales from the current 2.5 million to 3.3 million, relaunch 13 existing brands, and roll out another 13 new models. Ghosn also plans to step up Renault's activity in luxury, suv and crossover categories, and exploit its effervescent markets outside of Western Europe, where two-thirds of the extra 800,000 cars are expected to be sold. The additional activity is expected to increase factory production rates from a current 60% of their total capacity to 75%. It's also requiring extensive collaboration among international executives from different departments on crucial development, production and marketing decisions...

Author: /time Magazine | Title: In The Driver's Seat | 2/25/2006 | See Source »

Harvard captain Matt Stehle kicked off the scoring in the extra period with a scoop shot in the paint. With 1:51 left, Penn forward Mark Zoller drained two free throws to put the Quakers up three, but Crimson senior center Brian Cusworth answered with an offensive board and put back to pull Harvard back within...

Author: By Michael R. James, CRIMSON STAFF WRITER | Title: Harvard Falls Just Short in Overtime | 2/25/2006 | See Source »

...review through the administration's Committee on Foreign Investments in the U.S. (CFIUS). Administration officials remain adamant that their first review was thorough and proper, so the face-saving element was crucial, according to one Capitol Hill negotiator. Frist is proposing that this time, CFIUS do the extra 45-day review that the law calls for in transactions where there are national security concerns. That provision was not triggered last time because administration officials had no remaining concerns at the end of the first review. This approach would eliminate the need for new legislation now, the Republican sources said...

Author: /time Magazine | Title: A Face-Saving Dubai Deal in the Works? | 2/25/2006 | See Source »

...reopening it is, once DP carved out the American ports from the rest of the contract it changed the nature of the agreement so it had to be reviewed again," says King, who had been among the leading GOP voices opposing the deal as first approved without the extra 45-day review process or briefing of Congress. King says will await final details before formally backing any such deal. King added "If we are going to hold back on legislation, I think there has to be continuous congressional review throughout the new CFIUS review...

Author: /time Magazine | Title: A Face-Saving Dubai Deal in the Works? | 2/25/2006 | See Source »

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