Mortgage and Financial News From 2008-2-17 Page 9

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  • Investors' housing splurge

    Age - ... with the first big day of the year, with 596 properties under the hammer, the clearance rate dropped to 73%, its lowest ... Standard variable mortgage rates have risen since August from just over 8% to roughly 9%, and the Reserve Bank is expected to ...
    2008-02-17 10:00:00

  • Canadian Stocks Rise, Led by Gold Miners, on Recession Concern

    Bloomberg - Confidence among American consumers fell to the lowest since 1992, a day after ... worsened in recent months and that policy makers may further cut interest rates to ... remain at risk from as much as $203 billion of additional writedowns on mortgage ...
    2008-02-15 01:59:00

  • Words from the (Investment) Wise for the Week That Was (Feb 11 - 17 ...

    Safe Haven - ... biggest decline on record, the University of Michigan's consumer sentiment dropped to its lowest ... The Mortgage Bankers Association says default rates on all outstanding home loans in the US have reached 7.3%, the highest level since modern ...
    2008-02-17 07:23:00

  • Housing's down note

    Baltimore Sun - About 30,000 homes changed hands, the lowest in nine years - which is when MRIS ... With prices softening up, with interest rates remaining reasonably favorable ... Melissa Talbot, 29, and husband Aaron were buffeted by the changing mortgage winds ...
    2008-02-16 01:50:00

  • Questions and answers about your tax bill

    Tacoma News Tribune - Wilkeson homeowners will keep their status as having the lowest average bill: $1,856 ... Many are sent to mortgage companies, so taxpayers don’t see them. Others are mailed ... Voter-approved levy or bond measures also affect tax rates. What are my property ...
    2008-02-17 09:46:00

  • Real Estate Matters

    Washington Post - For some homeowners whose adjustable-rate mortgage interest rates are rising, the low interest rates on 30-year and ... But understand that with a zero-cost refinancing, you won't get the lowest interest rate for your mortgage. "You can expect to pay ...
    2008-02-15 01:52:00

  • The Recession's Human and Environmental Impacts

    OpEdNews.com - ... loans, $600 Billion owed for second mortgages and an overall $9 Trillion in mortgage ... by taking many of them away from Americans, who cannot continue their high rates ... in six factory jobs — have disappeared from the American shores and the lowest ...
    2008-02-17 01:06:00

  • A lender's recipe for downfall

    Baltimore Sun - Consumers just exiting bankruptcy could get a mortgage with few questions. They could have some of the lowest possible credit scores. ... As interest rates rose and competition intensified, Fieldstone pushed to make more loans to ...
    2008-02-15 10:56:00

  • Missoula mortgage refinancings have doubled

    Missoulian - Cathy Swofford, owner of Missoula Mortgage, said about 70 percent of her business these days is refinancing mortgages. “This started just before Christmas and then in late January, when the rates were the lowest in about two years, it created a ...
    2008-02-16 11:59:00

  • Market right for buying, selling (The Fort Collins Coloradoan)

    While it would have nice to start the year off with more sales, given the performance of the last four months of 2007, the January 2008 total of just 152 closed home sales was not completely unexpected.
    2008-02-17 04:06:06

  • Investors' housing splurge (The Age)

    Rental investors swarm back into Victoria's housing market, borrowing almost 30% more funds last year to snap up what they saw as bargains, and pushing aside first home buyers as prices soared.
    2008-02-17 05:01:49

  • Investors' housing splurge (The Age)

    Billions borrowed, first home buyers priced out as property investors bank on rent surge.
    2008-02-17 05:30:59

  • about this blog

    Cape Cod Today - Blogs with posts within the last 60 days are listed here. See the A to Z list for all blogs. BOSTON — Hope is growing for a legislative solution to the coastal home insurance crisis in 2008, something even Massachusetts House Speaker Salvatore ...
    2008-02-12 04:44:00

  • Latest News

    dBusinessNews.com - Changes in interest rates on adjustable rate mortgage loans offered by many financial institutions are tied to changes in ... its COFI Reporting Members for the purpose of confirming the accuracy of the data they deliver to the Bank used to calculate ...
    2008-02-10 03:59:00

  • Gut-level ballot box

    The Washington Times - We were making life-and-death decisions before we developed the intricate architecture to calculate things like mortgage costs. "And we still make most our important decisions — like picking a spouse — not by making a cost-benefit analysis, but ...
    2008-02-17 02:22:00

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