Mortgage and Financial News From 2008-2-7 Page 01

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  • Talk of the bay: Flush Universal Health Care can enroll members

    St. Petersburg Times - The state board incurred the wrath by investing in mortgage-backed securities and ... We have yet to see evidence that declining interest rates, stabilizing fuel costs or proposed economic stimuli have had a positive effect on current marine conditions ...
    2008-02-07 09:11:00

  • Asian markets may remain volatile next week on US concerns; earnings ...

    CNBC - Yellen said current indicators point to continued anemic growth for at least the ... rising inflation could prevent the US central bank from cutting interest rates ... G7 meeting The economic and financial impact of the US subprime mortgage crisis ...
    2008-02-07 11:41:00

  • PRESS DIGEST - Financial Times - Feb 8 - Reuters

    PRESS DIGEST - Financial Times - Feb 8Reuters - 2 hours agoDespite the speed with which banks and building societies moved to pass on the reduction in interest rates to existing mortgage borrowers, brokers expressed ...
    2008-02-07 09:01:52

  • First Hint of ‘Stabilization’ Seen for Housing - Kitchen and Bath Design News

    First Hint of ‘Stabilization’ Seen for HousingKitchen and Bath Design News, NY - 2 hours ago“Mortgage interest rates are near historic lows and current data shows decelerating price declines, along with a modest reduction in the number of homes on ...
    2008-02-07 09:09:02

  • Global situation requires constant vigil on monetary policy - Sify

    Global situation requires constant vigil on monetary policySify, India - 2 hours agoThe turbulence in global financial markets caused by the US sub-prime mortgage market and other credit markets exposures has changed the dynamics of capital ...
    2008-02-07 09:39:08

  • Talk of the bay: Flush Universal Health Care can enroll members - St. Petersburg Times

    Talk of the bay: Flush Universal Health Care can enroll membersSt. Petersburg Times, FL - 1 hour agoThe state board incurred the wrath by investing in mortgage-backed securities and then temporarily freezing accounts to stop a run on the Local Government ...
    2008-02-07 10:21:46

  • NAB lifts rates 0.29%; ANZ by 0.25% - The Age

    NAB lifts rates 0.29%; ANZ by 0.25%The Age, Australia - 1 hour ago"Unfortunately, the current environment means that the RBA cash rate does not reflect the true cost of funding a home loan anymore,'' Mr Fahour said. ...
    2008-02-07 10:52:19

  • 'Another slow year' seen for housing - Richmond Times Dispatch

    'Another slow year' seen for housingRichmond Times Dispatch, VA - 1 hour agoMortgage interest rates were in the double digits and home prices in some areas of the country fell 20 percent, said Poe, owner of LifeStyle Builders ...
    2008-02-07 10:53:12

  • NAB, ANZ lift home loan rates - Sydney Morning Herald

    NAB, ANZ lift home loan ratesSydney Morning Herald, Australia - 59 minutes ago"Unfortunately, the current environment means that the RBA cash rate does not reflect the true cost of funding a home loan anymore,'' Mr Fahour said. ...
    2008-02-07 10:55:43

  • 'Hard-money' loans finding a market - Chicago Daily Herald

    'Hard-money' loans finding a marketChicago Daily Herald, IL - 50 minutes agoThe industry is lightly regulated, though depending on how a mortgage is structured, lenders can be subject to state and federal caps on interest rates. ...
    2008-02-07 11:04:47

  • Rebate just good old mad money - El Paso Times

    Rebate just good old mad moneyEl Paso Times, TX - 48 minutes agoIf the current national deficit is over 4 trillion dollars, won't this sink us deeper into the hole? Will tax rates increase in future years, strapping us ...
    2008-02-07 11:06:21

  • Interest rates cut but has your mortgage rate been cut - Home Move

    Interest rates cut but has your mortgage rate been cutHome Move, UK - 43 minutes agoThose on variable mortgages will see their repayment costs fall while those on fixed rates will remain unchanged until their current deal expires. ...
    2008-02-07 11:11:34

  • UK House Prices on Target for 15% Fall Despite Interest Rate Cuts - The Market Oracle

    UK House Prices on Target for 15% Fall Despite Interest Rate CutsThe Market Oracle, UK - 32 minutes agoCurrent fixed mortgage products carry much tighter lending criteria and therefore many mortgage resets will not be able to secure any of the more favorable ...
    2008-02-07 11:22:32

  • Protective Announces Record 2007 Earnings - American Digital Networks (press release)

    Protective Announces Record 2007 EarningsAmerican Digital Networks (press release), MD - 28 minutes agoAt December 31, 2007, below investment grade securities were less than 4% of invested assets, and problem mortgage loans and foreclosed properties were 0.2% ...
    2008-02-07 11:27:06

  • Relief as bank to cut home loan rate - Irish Independent

    Relief as bank to cut home loan rateIrish Independent, Ireland - 18 minutes agoHe said there could be a 0.25pc cut in ECB rates in April. That would mean most borrowers paying 4.75pc -- down from the current 5pc. ...
    2008-02-07 11:36:46

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