Mortgage and Financial News From 2008-2-7 Page 14

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  • Mortgage lenders move swiftly to pass on interest rate cut - Guardian Unlimited

    Mortgage lenders move swiftly to pass on interest rate cutGuardian Unlimited, UK - 1 hour ago"The number of mortgage approvals fell to its lowest level in 15 years in December. And for the first time since 1995, the Nationwide index recorded its ...
    2008-02-07 06:35:15

  • Raters Look to Curb Conflicts of Interest - Bond Buyer (subscription)

    Raters Look to Curb Conflicts of InterestBond Buyer (subscription), NY - 44 minutes ago“Our estimate of capital needed to support the mortgage-related risk of some guarantors has risen significantly due to changing circumstances,” Moody’s said ...
    2008-02-07 07:16:03

  • Weak Markets, Strong Dollar and Coastal Strike Weigh Heavily on ... - Market Wire (press release)

    Weak Markets, Strong Dollar and Coastal Strike Weigh Heavily on ...Market Wire (press release) - 28 minutes agoNew home construction activity continued to trend downwards in the last quarter of 2007, with the fallout from the US sub-prime mortgage market accelerating ...
    2008-02-07 07:32:13

  • Toll road rejected - North County Times

    Toll road rejectedNorth County Times, CA - 22 minutes agoI guess what they fail to realize is that not everyone is heaviliy invested in the career/mortgage rat race. Some have organized their lives in such a way ...
    2008-02-07 07:37:52

  • Mercer survey of fund managers (Scoop.co.nz)

    Mercer survey of fund managers shows funds returned 1.7% for the December quarter, 5.7% for the December year.
    2008-02-07 03:51:03

  • Mortgage Rates Dip Again (San Francisco Chronicle)

    Rates on 30-year mortgages dipped slightly this week, the fifth decline in the past six weeks. Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages averaged 5.67 percent this week, down from 5.68 percent last...
    2008-02-07 04:34:18

  • Mortgage lenders pass on rate cut (Guardian Unlimited)

    Business & money: Lenders move swiftly to cut home loan rates after the Bank of England cut the price of borrowing
    2008-02-07 04:44:01

  • Confidence slumps, housing hits brick bottom (Crikey)

    With housing mortgage rates at an 11-year high, home lending running at a 9-year low and the worst single month for building approvals outside GST-influenced 2000, you would have thought the media would have been all over the yesterday's decision by Brickworks Ltd to cut production in NSW by 100 million bricks a year.
    2008-02-07 06:14:38

  • Mortgage lenders move swiftly to pass on interest rate cut (Guardian Unlimited)

    Loan rates cut after the Bank of England announced cheaper borrowing to prevent recession
    2008-02-07 06:34:36

  • Rates on 30-year mortgages decline for fifth time in past 6 weeks (Times-Reporter)

    Updated at 2:26 p.m. WASHINGTON (AP) – Rates on 30-year mortgages dipped slightly this week, the fifth decline in the past six weeks. Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages averaged 5.67 percent this week, down from 5.68 percent last week.
    2008-02-07 06:53:48

  • Weak Markets, Strong Dollar and Coastal Strike Weigh Heavily on Interfor's Q4 Results (CCNMatthews via Yahoo! Finance)

    VANCOUVER, BRITISH COLUMBIA-- - INTERNATIONAL FOREST PRODUCTS LIMITED reported a net loss of $8.9 million, or $0.19 per share, for the fourth quarter of 2007, compared to a net loss of $1.6 million, or $0.03 per share, for the third quarter of 2007, and net earnings of $77.2 million, or $1.60 per share, for the fourth quarter of 2006.
    2008-02-07 07:21:17

  • Wind power industry scrambles for workers

    Delaware Online - It is necessary to assume a capacity factor to calculate the cost (payments over the life of the contract), but the price ... The teaser-rate-plus-escalator pricing is the basis for my saying this pricing scheme is like a subprime mortgage. I, too ...
    2008-02-01 03:56:00

  • Inside Entrepreneurship: Retiree should stay out of IRA as a startup ...

    Seattle Post Intelligencer - Even though the nation is in the midst of a mortgage lending crisis, I still get news releases from firms that tout the ... And to double-check your willingness to invest this money, calculate how many years it took you to save this money. Is the ...
    2008-02-07 02:44:00

  • Calculate your household's personal consumer price index

    Marketwatch - ... inflation," Afshar says, "the average of those two shots is a hole in one. ... In fact, the average used to calculate ... the average consumer spends 42.7% of income on housing costs (including insurance, utilities, furnishings, rent or mortgage ...
    2008-02-07 03:27:00

  • Maguire Properties Reports Fourth Quarter 2007 Financial Results - FOXBusiness

    Maguire Properties Reports Fourth Quarter 2007 Financial ResultsFOXBusiness - Feb 6, 2008The weighted average number of common shares used to calculate both basic and diluted earnings per share for the quarters ended December 31, 2007 and 2006 ...
    2008-02-06 11:14:32

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