Mortgage and Financial News From 2008-2-11 Page 8
Previous Day: 2008-02-10
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Readers share student loan stories (Pittsburgh Post-Gazette)
Readers to recount their experiences -- mostly negative -- with student loans as a way to help others entering the student-loan frontier.
2008-02-11 09:37:51 -
Lender, community group to aid troubled homeowners (Seattle Post-Intelligencer)
Countrywide Financial Corp. and the Association of Community Organizations for Reform announced a deal Monday to help thousands of borrowers nationwide, including at least 1,000 in the Seattle area.
2008-02-11 09:50:32 -
(AFX UK Focus) 2008-02-12 05:17 GMT: New mortgage rescue goes beyond subprime (Interactive Investor)
WASHINGTON (AP) - At-risk borrowers with all types of mortgages, not just high-cost subprime loans, could be eligible for help under a new plan involving six big home lenders.
2008-02-11 09:50:54 -
PM's Statement to Parliament 2008
Scoop - It's not a problem which can be solved by throwing a lot more money at mortgage subsidies – that would only drive ... Zealand's high imprisonment rates continue to be a cause for concern, particularly at a time when our crime rates are at their lowest ...
2008-02-11 07:33:00 -
For Sale’ signs snag refinancing
Corvallis Gazette-Times - That despite the recent slide in 30-year mortgage rates, the lowest since March 2004, according to Freddie Mac. Great mortgage rates also have presented some would-be sellers with the opportunity to lighten their payment load by refinancing. But it ...
2008-02-09 03:53:00 -
Investors on edge following warning of slower growth
Herald - ... economy may tumble into recession and more tremors from the US sub-prime mortgage ... borrowing costs to 5.25% last week, will be able to aggressively reduce base rates ... European government bonds rose, pushing two-year yields to the lowest level since ...
2008-02-11 03:51:00 -
Mortgage business made National City a power player
Cleveland Plain Dealer - By 2003, when mortgage rates fell to their lowest point in more than 40 years, there was so much home-buying and refinancing that the $1 billion in pure profit that National City made just from mortgages exceeded Daberko's wildest dreams. National ...
2008-02-10 03:59:00 -
Jump in factory-gate prices dampens hope for rate cuts
The Independent - ... last month, dampening hopes that the Bank of England will slash interest rates ... Annual house-price inflation slowed in December to its lowest rate for more than a ... But they reinforce surveys by major mortgage lenders which show continuing weakness ...
2008-02-11 05:02:00 -
Housing affordability sinks to new low
News.com.au - ... were 5.2 per cent lower than the same period a year earlier, and the lowest since the report was first published in 1984. The report pointed to higher interest rates and ... As a result, the monthly loan repayment needed on a typical first-home mortgage ...
2008-02-11 08:09:00 -
Bush: US economy is in rough patch, but sound - Summary - Earthtimes
Bush: US economy is in rough patch, but sound - SummaryEarthtimes, UK - 4 hours agoLast year, the Bush administration brokered a private industry effort within the mortgage industry to help borrowers keep their homes. ...
2008-02-11 04:07:35 -
SHOCK RISE IN HOUSE PRICES - UK Express
SHOCK RISE IN HOUSE PRICESUK Express, UK - 4 hours ago“The mortgage market may finally be finding a floor after months of decline caused by higher interest rates, the reduced supply of credit and the lack of ...
2008-02-11 04:18:58 -
Learn what the Global Investment Markets have in Store for Savings ... - Business Wire (press release)
Learn what the Global Investment Markets have in Store for Savings ...Business Wire (press release), CA - 3 hours agoThere are conflicting views among wealth managers and economists, as well as in the media, about the extent and duration of sub-prime mortgage defaults and ...
2008-02-11 06:01:19 -
GLOBAL MARKETS-Asian stocks sceptical of latest Wall St bounce - Ninemsn
GLOBAL MARKETS-Asian stocks sceptical of latest Wall St bounceNinemsn, Australia - 1 hour agoGlobal investors are alert for any sign of further fallout from the subprime mortgage crisis which could weaken the financial sector and are worried about a ...
2008-02-11 07:20:40 -
Nevada's Green Leaders - Las Vegas Business Press
Nevada's Green LeadersLas Vegas Business Press, NV - 1 hour agoBuilding solar into homes from the outset would also be more affordable than adding it later because the cost could be built into the mortgage and paid over ...
2008-02-11 07:42:31 -
White House Does Not See a Recession - New York Times
White House Does Not See a RecessionNew York Times, United States - 1 hour agoPresenting the White House’s annual report to Congress on the economy, Mr. Lazear acknowledged that the plunge in housing and mortgage markets had yet to ...
2008-02-11 07:53:18
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