Mortgage and Financial News From 2007-9-30 Page 17
Previous Day: 2007-09-29
Return to the mortgage news archive home.
Page: 01 2 3 4 5 6 7 8 9 10 11 12 13 14 15
16 17 18
-
Many wounded soldiers fight new battle at home
Winston-Salem Journal - The disability payments don’t even cover the $5,700-a-month cost of his adjustable home mortgage and equity loans. He owes more on his house than its market value, so he can’t sell it and may soon lose it to the bank. “I love this house. It ...
2007-09-30 12:53:00 -
Yes, you can still get a mortgage (The Morning Call)
| The term ''mortgage meltdown'' has become so commonplace -- on TV, in headlines and even casual conversations -- that you might assume that this is a tough time to get a mortgage.
2007-09-30 12:41:50 -
Consumer Spending Higher Than Expected
Chicago Tribune - ... to around 2.5 percent in the current quarter and to around 2 percent or less in the final three months of the year. William Poole, president of the Federal Reserve Bank of St. Louis and a voting member of the Fed panel that sets interest rates ...
2007-09-28 02:10:00 -
Car makers offer discounts to improve sales
Deepika Global - Country's largest carmaker Maruti Suzuki India (MSIL) has started various discount schemes to offset the impact of high interest rates on its sales during the current fiscal. It has introduced several new schemes to boost sales like 'Wheels of India ...
2007-09-29 10:56:00 -
July-August 2007: Improvement in external account witnessed
Daily Times - In particular, it stressed that further fiscal consolidation, starting in 2007-08, would contribute significantly towards reducing the external current deficit while lessening pressures on real interest rates. The authorities agreed that a ...
2007-09-29 02:37:00 -
News Minute: Upsetting day...Duke president's apology...Sex tape ...
WDAM-TV - CDC says Mississippi among states with highest smoking rates Missing child found O.K. after 1 1/2 hour search Miss. regional drug ... Associated Press - September 29, 2007 11:43 PM ET A day for upsets in college football. Number-3 Oklahoma, Number-7 Texas ...
2007-09-29 05:29:00 -
High-yield investment notes from STEN
Seattle Times - But when a debt issuer promises to pay more than 11.5 percent at a time when the Federal Reserve is cutting interest rates ... And while investors may be drawn to the current high rates, they shouldn't expect them to last. Many notes issuers have a ...
2007-09-30 12:10:00 -
High crude prices
Economic Times - Till a couple of years ago, stock market analysts kept a close watch on global crude prices. But that has been replaced by interest rates, and as a result, the current surging oil prices have been completely ignored. However, one needs to keep an eye ...
2007-09-29 09:25:00 -
WaMu feels subprime pain, but not as deeply
Chicago Tribune - The Federal Home Loan Bank provides low-cost financing to financial institutions. But mortgage originators that aren't banks or thrifts for the most part don't ... So when its access to that short-term debt was shut off, the lender turned to an $11.5 ...
2007-09-29 11:56:00 -
Subprime woes roil Europe's banks
Philadelphia Inquirer - ... Church war memorial, Andrea Weithoff said she felt far removed from the U.S. mortgage ... In England, Northern Rock P.L.C., the nation's fifth-largest lender, suffered the ... She said she used to marvel at how easy it was for Americans to get home loans ...
2007-09-29 11:56:00 -
Tax bites can vary in sale of home; 3 issues to know
AZCentral.com - If you can't handle the mortgage payments and have to give up the property, you likely will owe taxes. A tax bill also could apply if you keep the home but reduce part of your loan by negotiating with the lender. The reason: When a lender reduces or ...
2007-09-29 08:21:00 -
Author clears up mortgage mysteries
Boston Globe - ... expects similar results when the numbers come in for home sales in September. But there is good news amid the sales slump. "Mortgage ... about those buyers who don't know how to negotiate with a lender or loan officer? Part of the reason the mortgage ...
2007-09-29 11:49:00 -
People on the Move (Pensacola News Journal)
Home loan professional Kris Waters recently joined national lender First Horizon as branch manager in Gulf Breeze. Waters has 11 years of experience in the mortgage lending industry.
2007-09-29 10:46:26 -
Michelle Singletary: Book could help you get a better mortgage (The Shreveport Times)
David Reed's "Mortgage Confidential: What You Need to Know That Your Lender Won't Tell You" (American Management Association, $16.95) is the October selection for the Color of Money Book Club.
2007-09-30 12:04:39 -
Treasurys lose gains as market looks to jobs report
Marketwatch - ... mostly to inflation expectations, while shorter-term bonds reflect expectations for the Federal funds rate, the key interest ... the August employment report showed an unexpected loss of jobs, which paved the way for the Federal Reserve to cut rates ...
2007-09-28 12:01:00