Mortgage and Financial News From 2008-2-17 Page 10

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  • FACTBOX-Subprime crisis affects banks worldwide

    Reuters - ... The U.S. subprime lender files for Chapter 11 bankruptcy protection in the biggest collapse of a mortgage lender in the U.S ... French bank bars investors from redeeming cash in $2.2 billion worth of funds, telling the markets it is unable to calculate ...
    2008-02-17 12:09:00

  • Great Ideas (South Bend Tribune)

    Hit the links without leaving home
    2008-02-16 04:36:39

  • Is A Reverse Mortgage For You? (The Tampa Tribune)

    Doesn't it seem like every time you turn on your TV set or open your newspaper, you see an advertisement for a new financial product?
    2008-02-16 09:15:17

  • Find the Best Deal on Refinancing Your Home (Benton Evening News)

    (ARA) - Do you have a balloon mortgage that is coming due or an adjustable rate mortgage payment that has been steadily creeping up as interest rates change?
    2008-02-17 03:36:50

  • The Home Buying Process: Step by Step (Benton Evening News)

    (ARA) - Buying a home can be a very intimidating process, especially if you've never done it before. So the first thing you should do before you start is to figure out whether owning a home is right for you.
    2008-02-17 07:21:20

  • Market likely to track global equities

    Economic Times - Domestic factors like Prime Minister Manmohan Singh's assurance on the economic growth, reduction in inflation rate and hike in petrol price may also have a bearing ... retail fuel prices has reportedly scuttled expectations of a cut in interest ...
    2008-02-17 06:11:00

  • Great Falls real estate market steady

    Great Falls Tribune - At the end of last week, the interest rate for a 30-year conventional loan was 5.75 percent ... In Montana, less than 10 percent of loans since 1995 have been sub prime, which are more likely to lead to delinquency. Nationwide, that rate is 14 percent ...
    2008-02-17 05:35:00

  • When 'good' mortgages go bad

    Minneapolis Star Tribune - These are prime mortgages, so they are outside the current focus on subprime loans made to riskier borrowers. Also ... Also, they note that many option ARMs allow monthly interest-rate adjustments, meaning some borrowers face new, higher rates ...
    2008-02-16 02:48:00

  • Gazette has new look for finance news

    Billings Gazette - A list of key interest rates, including rates on Treasury notes and bills, bonds, the federal funds rate and the prime rate. • An expanded list of "Stocks of Local Interest." • A list of commodities - from aluminum to winter wheat - and a summary ...
    2008-02-17 12:27:00

  • Volatility global stock puts pressure on Corporate Australia

    News.com.au - ... about the health of the corporate sector ahead of another expected lift of interest ... fatal mixture of hubris and a failure to respond quickly enough to the sub-prime ... And if you have any hesitation about the growth rate of your earnings, you'll get ...
    2008-02-17 05:57:00

  • Do-or-die Hillary turns bully as Obama starts to pull away

    Times Online - ... the nerve to tell her the campaign was haemorrhaging cash at an alarming rate, a ... have been the greatest actor the world has ever known. As, far as a great UK Prime ... Although I will vote Republican and have no vested interest in this, I am truly ...
    2008-02-17 08:06:00

  • Riding the rate cycle

    Business Standard - By tinkering with these two, the apex bank indicates its stance on the interest rate scenario. The banks, accordingly, change their prime lending rates (PLRs). If you are someone who follows interest rates carefully, here are a few finer details to ...
    2008-02-16 11:34:00

  • Northern Rock to go into public ownership

    Guardian Unlimited - The problems in the sub-prime mortgage market last year that started in the US ... and December the Board of Northern Rock received a number of expressions of interest. ... implicit subsidy from the Treasury, involving a payment below the market rate to ...
    2008-02-17 10:43:00

  • Joining the McChattering classes

    BBC Brasil - It was, he opined, an issue of interest only to the “McChattering classes.” ... The Prime Minister of the United Kingdom? Yes, I thought that might be your view. ... Union rules almost certainly preclude a devolved Scotland from varying the rate ...
    2008-02-17 06:33:00

  • Britain Nationalizes Northern Rock

    Forbes - He said Prime Minister Gordon Brown had agreed nationalization was the best ... will see its outstanding loans to Northern Rock repaid in full, with interest - and ... Both also involved bidders paying below the market rate while the government ...
    2008-02-17 10:36:00

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