from The American Heritage® Dictionary of the English Language, 4th Edition
- abbr. Her (or His) Serene Highness
from Wiktionary, Creative Commons Attribution/Share-Alike License
- His Serene Highness, the title of a number of members of the royal family in various countries.
- Her Serene Highness, the title of a number of members of the royal family in various countries.
Sorry, no etymologies found.
Dr Marnette said he refused to sign bail-out packages for state banks such as HSH, which is part-owned by Schleswig Holstein.
"HSH" could become the anthem of the presidential campaign with candidates wearing American Home pins, not flags pandering to patriotism.
For jumbo borrowers, though, higher standards aren't the biggest problem: Rates on those loans averaged 6.8% at the end of last week, according to HSH, meaning the spread between conventional and jumbo rates is nearly a full percentage point -- four times the typical gap.
German officials said they saw no reason for any of their banks to take action, even though two, HSH Nordbank and Norddeutsche Landesbank, fell into the "barely passed" category.
The jumbo rates are near the lowest mark since HSH began its count in 1986, and the spread is the lowest since mortgage markets seized up four years ago.
Rates on 30-year fixed-rate jumbos averaged 5.07% last week, compared with 4.62% on government-backed loans, according to financial publisher HSH Associates.
"This is a way of saying, 'We are going to also foster low mortgage rates, and if the market isn't interested in buying them, well, we will buy them,' " said Keith Gumbinger, vice president at financial publisher HSH Associates.
About three-quarters of the second fund is committed to a trio of investments: Shinsei Bank and German institutions HSH Nordbank AG and Hypo Real Estate Holdings AG.
Based on this week's average rate, a borrower who takes out a $650,000 loan today would be charged 5.25 percent interest, according to HSH.com.
Nobody is welcoming a rise in interest rates but it's not enough to kill purchases in the housing market, says Keith Gumbinger of mortgage researcher HSH.com.
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