Mortgage and Financial News From 2008-1-20 Page 41
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Lending industry tightens fist
Jackson Sun - ... of consumers defaulting on subprime loans, adjustable-rate mortgages and other home-loan financing has caused the mortgage ... What happened over the last few years was, we were always trying to get people the lowest rates, so we put them on adjustable ...
2008-01-20 03:10:00 -
Let's ignore cry to freeze interest rates
Daily Breeze - During a debate in Nevada last week, she called for an immediate five-year freeze on mortgage interest rates. She also supports ... Mortgage giant Freddic Mac said the rate on a 30-year fixed loan averaged 5.23percent in June 2003, its lowest point ...
2008-01-20 12:32:00 -
New Homes Four Of This Year's Top 10 Property Hotspots Will Be In ... - Glasgow Sunday Mail
New Homes Four Of This Year's Top 10 Property Hotspots Will Be In ...Glasgow Sunday Mail, UK - 6 hours ago... by problems in the US mortgage market and the Northern Rock banking crisis, as well as consumer fears over rising energy bills and interest rates. ...
2008-01-19 09:43:10 -
1000 new condos will test appetite for urban living - Fairview Observer
1000 new condos will test appetite for urban livingFairview Observer, TN - 3 hours agoInterest rates, which now stand at 5.6 percent for a 30-year, fixed-rate mortgage according to the Mortgage Bankers Association of America, and Nashville's ...
2008-01-20 12:02:32 -
Economic Stimulus Plans: The Good, the Hopeful and the Dubious - Seeking Alpha
Economic Stimulus Plans: The Good, the Hopeful and the DubiousSeeking Alpha, NY - 3 hours agoFinally, Congress and the Administration cooperated in fixing the tax code so that homeowners getting mortgage forgiveness of various sorts would not be ...
2008-01-20 12:52:57 -
25 Years Ago - Daily News Journal (subscription)
25 Years AgoDaily News Journal (subscription), TN - 2 hours agoBesides December 1982's .3 percent drop, inflation for the year was also held down by record falls in gasoline prices and mortgage interest rates. ...
2008-01-20 01:13:11 -
REITS could fall further, but it may soon be time to buy - The Province
REITS could fall further, but it may soon be time to buyThe Province, Canada - 2 hours agoAfter four consecutive years of strong gains, the share prices of REITs were slammed last year by investor jitters over the US mortgage crisis and its ...
2008-01-20 01:39:23 -
Broker's clients detail web of dashed dreams - Boston Globe
Broker's clients detail web of dashed dreamsBoston Globe, United States - 1 hour agoWhen Marcia Neilson couldn't qualify for a home loan in early 2006 because of poor credit, her mortgage broker, Nicole Lyder, had an unusual solution: Add ...
2008-01-20 02:03:26 -
Running on empty - New York Daily News
Running on emptyNew York Daily News, NY - 1 hour agoTo avert a slowdown, policymakers typically make it easier for people to spend money, by either reducing interest rates or putting cash in their pockets. ...
2008-01-20 02:50:23 -
Peers set up loans through Web sites - Contra Costa Times
Peers set up loans through Web sitesContra Costa Times, CA - 56 minutes agoAfter the bidding ends, the lowest bids are combined into a loan with a fixed-interest rate that has a three-year payment period. ...
2008-01-20 03:03:40 -
Refinancing is popular again - Fort Worth Star Telegram
Refinancing is popular againFort Worth Star Telegram, TX - 50 minutes agoTo get the best rates, homeowners "need a credit score over 679, or equity of greater than 30 percent," says Michael Menatian, president of Sanborn Mortgage ...
2008-01-20 03:10:07 -
Lending a hand or losing an arm? Banks, small business and finance - Personal Finance
Lending a hand or losing an arm? Banks, small business and financePersonal Finance, South Africa - 36 minutes agoStandard Bank’s business mortgage allows small business owners such as accountants, doctors and vets the opportunity to buy, extend, ...
2008-01-20 03:23:49 -
Lending industry tightens fist - Jackson Sun
Lending industry tightens fistJackson Sun, TN - 36 minutes ago"What happened over the last few years was, we were always trying to get people the lowest rates, so we put them on adjustable rates, and the rates have ...
2008-01-20 03:24:07 -
Experts: Rebates are no panacea - Modesto Bee
Experts: Rebates are no panaceaModesto Bee, CA - 27 minutes agoNew housing starts in 2007 fell 24.8 percent to their lowest level since 1980; building permits fell 25.2 percent. Median home prices in hard-hit California ...
2008-01-20 03:33:17 -
Homeowners have leverage with their lenders - Asbury Park Press
Homeowners have leverage with their lendersAsbury Park Press, NJ - 6 minutes agoFewer bargain teaser rates will be offered. And for those facing higher resets on adjustable-rate mortgage payments, it's time to negotiate. ...
2008-01-20 03:53:28