Mortgage and Financial News From 2008-1-10 Page 49
Previous Day: 2008-01-09
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US credit crisis pushes up NZ mortgages - New Zealand Herald
US credit crisis pushes up NZ mortgagesNew Zealand Herald, New Zealand - 6 minutes agoBy Adam Bennett The US credit crunch has finally hit New Zealand home-buyers directly in the form of rising mortgage rates. Westpac yesterday raised its ...
2008-01-10 09:18:41 -
Price dip prompts panic purchase - InTheNews.co.uk
Price dip prompts panic purchaseInTheNews.co.uk, UK - 4 minutes ago"Instead it is more important to get the correct mortgage and to ensure that you can afford to maintain payments if interest rates rise. ...
2008-01-10 09:20:09 -
ECB and SNB to keep up unprecedented dollar lending - Guardian Unlimited
ECB and SNB to keep up unprecedented dollar lendingGuardian Unlimited, UK - 4 minutes agoEuribor interbank lending rates -- an average of the rates euro zone banks charge each other for unsecured lending -- have fallen steadily from seven-year ...
2008-01-10 09:20:56 -
30-year mortgage rate at 5.87% (Chicago Sun-Times)
Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages averaged 5.87 percent this week. That was down from 6.07 percent last week and was the lowest level for 30-year mortgages in more than two years.
2008-01-10 08:53:57 -
FACTBOX - Leading U.S. candidates' positions on taxes (Reuters via Yahoo! UK & Ireland News)
(Reuters) - Following are the leading 2008 U.S. presidential candidates' positions on taxes:
2008-01-10 08:54:00 -
Business briefs: Jan. 9 (Ventura County Star)
LOS ANGELES — Academy Awards organizers insisted Tuesday that their show will go on, although some say the Oscar broadcast could evaporate after the writers' strike shut down the Golden Globes ceremony.
2008-01-10 08:54:24 -
Shares of Countrywide tumble (Ventura County Star)
Shares of Countrywide Financial Corp., the nation's largest mortgage lender, sank to an all-time low Tuesday as a major homebuilder offered a grim outlook for the industry and the Bush administration signaled it is growing more concerned about rising mortgage defaults.
2008-01-10 08:54:54 -
Countrywide delinquencies rise (Ventura County Star)
Countrywide Financial Corp., its stock pummeled this week by rumors of bankruptcy and lackluster housing market forecasts, said Wednesday that the percentage of borrowers who missed payments on home loans last month rose, signaling worsening trouble for the nation's largest mortgage lender and the entire mortgage sector.
2008-01-10 08:57:04 -
(AFX UK Focus) 2008-01-10 16:28 GMT: Trichet says ECB discussed rate hike again today UPDATE (Interactive Investor)
(Updating with comments on credit markets)
2008-01-10 08:58:44 -
Metro home prices drop 2% (Rocky Mountain News)
The decline in the average price of previously owned single-family homes is apparently the first time the Denver area has seen a year-over-year decrease.
2008-01-10 09:04:19 -
How to get around crash scene (Detroit Free Press)
If you'd planned to drive northbound I-75 over the Rouge River Bridge today, you'll have to find an alternate because a tanker explosion this morning closed that side of the freeway at Fort and Schaefer in Detroit.
2008-01-10 09:18:58 -
Weichert Takes Action to Stimulate the Nation's Housing Market and Economy (Business Wire via Yahoo! Finance)
MORRIS PLAINS, N.J.----Americans are growing uneasy with the state of the economy amid increasing predictions of a recession from Wall Street firms and financial analysts. James M. Weichert, president and founder of Weichert, Realtors®, one of the nation's largest privately held real estate companies, thinks it's time to do something about it.
2008-01-10 09:22:00 -
Rates on 30-year mortgages break below 6 percent level (The Times-Reporter)
Updated at 11:14 a.m. WASHINGTON (AP) – Rising worries about a weak economy pushed rates on 30-year mortgages below the 6 percent mark for only the second time in more than two years.
2008-01-10 09:24:11 -
Spitzer seeks peace in State of State speech
Newsday - Enhancing anti-fraud laws targeting mortgage scams. Creating a full DNA databank and a commission to review convictions. LONG ISLAND MENTIONS: Two high school students on Long Island won a national competition for research that, remarkably, could lead ...
2008-01-10 12:15:00 -
Insurers to face PI claims from property slump
Insurancetimes.co.uk - Insurers are also seeing more evidence of mortgage fraud, driven particularly by organised crime syndicates, where professional advisers may have been induced to collude in the fraud by inflating values and misleading lenders. Combined with the ...
2008-01-10 12:22:00
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