Mortgage and Financial News From 2007-10-9 Page 5

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  • REAL ESTATE - sponsored by Centex Homes

    Detroit Free Press - HOMES FOR SALE • Search New Construction and Existing Homes across metro Detroit and Michigan. • Mortgage rates from lenders ... financing a foreign policy that is so extravagant and beyond what we can control, as well as the spending here at home. ...
    2007-10-09 03:51:00

  • Americans turn to credit cards

    News.com.au - THE automated teller for home loans is empty and Americans are relying ... Ryan Sweet of Moody's Economy.com notes that mortgage equity withdrawal has been down ... be tightening, access to consumer credit, and that they will see those low rates ...
    2007-10-09 06:07:00

  • Stocks rise on hopes that a slowing economy will persuade Fed to cut ...

    Thunder Bay Chronicle-Journal - Home Obituaries Sports Business Careers Classifieds ... Federal Reserve’s last meeting, when officials voted to cut interest rates, and ... On the economic calendar, Canada Housing and Mortgage Corp. said housing starts ...
    2007-10-09 12:31:00

  • Firm finds lower risk of home-price decline in Valley

    San Jose Mercury News - The study is based on second quarter data, and doesn't incorporate recent rapid changes in mortgage rates, the Federal Reserve Board's rate drop, declines in home sales and an increase in the number of homes for sale in some areas. However, employment ...
    2007-10-09 05:25:00

  • Good news begins at home

    Guardian Unlimited - Good news begins at home Wednesday October 10, 2007 The Guardian ... left out, the rule will be back-dated indefinitely and future threshold rates will ... to follow in next year's budget - of legislation to make it easier for mortgage ...
    2007-10-09 04:27:00

  • GMAC Closes U.K. High Street Home Loans Unit, Citing Volatility

    Bloomberg - Morgan Stanley last week cut mortgage jobs in Britain after record U.S. foreclosures sapped demand for bonds secured by home loans. Yields on U.K. mortgage-backed notes have soared to as much as 90 basis points over benchmark rates compared with 17 ...
    2007-10-09 11:19:00

  • Stocks Bounce on Fed Rate Cut Hopes

    Newsday - ... meeting as indicating the central bank is ready to keep cutting interest rates to ... He pointed out that the fallout in the subprime mortgage sector, where mortgages are ... remove religious statues Queens woman killed in Garden City Park crash Mobile home ...
    2007-10-09 01:50:00

  • Bank of Korea May Keep Interest Rate Unchanged at Six-Year High

    Bloomberg - Oct. 10 (Bloomberg) -- The Bank of Korea will probably leave interest rates unchanged for a second month tomorrow as a ... joins counterparts in Europe, the U.K., Australia and Japan in keeping borrowing costs on hold as the U.S. subprime-mortgage ...
    2007-10-09 04:56:00

  • Monthly mortgage repayments hit 15-year high (Daily Telegraph)

    Home owners are paying more on their monthly mortgage repayments than at any time since the property crash in 1992, according to official figures.
    2007-10-09 11:12:30

  • State tightens rules on mortgage lenders (The Press-Enterprise)

    SACRAMENTO - A new state law will require mortgage companies to do a better job warning prospective California home buyers about the kind of risky loans that have led to tens of thousands of defaults and foreclosures.
    2007-10-09 07:15:14

  • Rate rise inevitable: companies

    Canberra Times - Higher rates, global finance market volatility and the election itself are putting ... found confidence had fallen for a fourth consecutive month to reach its lowest ... market turmoil that was triggered by the meltdown in the US sub-prime mortgage market
    2007-10-09 01:50:00

  • King Says Financial Turmoil `Not Over,' Sees Inflation Pressure

    Bloomberg - Bernanke in cutting interest rates to support growth. U.K. inflation won't remain ... it had already made to Newcastle, England-based Northern Rock Plc after the mortgage ... highest in a decade earlier this year, fell to 1.8 percent in August, the lowest ...
    2007-10-09 12:45:00

  • Signs of a Slowdown in Britain

    BusinessWeek - ... in the financial markets and the country's first bank run since the 1860s at mortgage ... will make for tough policy choices at the Bank of England, which has raised rates ... site uSwitch.com ( SSP ) that finds disposable income in Britain is now at its lowest ...
    2007-10-09 01:35:00

  • Option Traders Grow More Bearish on Yen as Risk Appetite Climbs

    Bloomberg - ... months as lower volatility and the Federal Reserve's move to cut interest rates ... before a squeeze on credit triggered by the collapse of the U.S. subprime mortgage ... one-month dollar-yen options fell to 8.15 percent yesterday, touching the lowest ...
    2007-10-09 03:59:00

  • New Zealand House Sales Fell to Six-Year Low in September

    Bloomberg - ... adding to signs the property market is slowing after interest rates rose to a record. House sales slumped 32 percent from a year earlier to 5,894 homes, the lowest ... to be plateauing and homeowners are shouldering the increased mortgage ...
    2007-10-09 04:34:00

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