Mortgage and Financial News From 2008-2-26 Page 13

Previous Day: 2008-02-25

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 19 20 21 - 40

• Real Estate Foreclosures Forecast to Double

  OpEdNews.com - Hammered by the mortgage meltdown the majority of U.S. housing markets are in crisis ... America’s foreclosure crisis is hitting home in the over whelming majority of ... The Federal Reserve has slashed interest rates in an effort to help the ailing U.S ...
  2008-02-26 08:09:00

• Small and midsize banks also face subprime fallout

  International Herald Tribune - Big banks have muscled them aside in the credit card and home mortgage businesses. ... to small businesses - the local retail stores, service providers, dentists, vets - but off of historically low rates.
  2008-02-26 11:44:00

• Fed's Kohn sees spillover effects in slowing economy and rising ...

  CNBC - ... example, many people "got caught by surprise" when a AAA-rated tranche of a mortgage ... Reduced home and equity wealth, higher energy prices and uncertainty about the ... However, he does not expect the "elevated inflation rates to persist.
  2008-02-26 10:25:00

• Foreclosures a reality here, too

  Ludington Daily News - Historically, city residents were able to pay their home loans. But for whatever reason — for instance, they took out a variable rate mortgage and the rates went up higher than they anticipated, they lost their jobs — a number of them now cannot ...
  2008-02-26 08:09:00

• A rush to refinance

  Baltimore Sun - This week's Federal Reserve surprise - a sharp cut in its benchmark interest rate - helped push already sinking mortgage rates to ... That's when home sales skyrocketed, lenders offered scores of subprime loans to people who often couldn't afford the ...
  2008-02-24 02:38:00

• Gold, Silver Prices Climb in N.Y. on Demand for Inflation Hedge

  Bloomberg - ... dollar fell to a three-week low against the euro after reports showed U.S. home ... Gold rallied 31 percent in 2007 as the Federal Reserve cut interest rates, while ... borrowing costs after the housing slump and mounting losses in the subprime-mortgage ...
  2008-02-26 10:25:00

• L.A. Real Estate Still Tumbling

  Los Angeles Business Journal - New figures from the California Association of Realtors confirm that home sales in Los Angeles County declined in ... Thirty-year fixed-mortgage interest rates averaged 5.76 percent during January, down from 6.22 percent a year earlier, while ...
  2008-02-26 11:37:00

• Credit crunch comes home

  Guardian Unlimited - Most young buyers will have to save a deposit for their home." Mull over that last statement. ... be justified in calling on lenders to ensure borrowers need not pay needlessly high loan rates - and then announcing that watchdogs will monitor the mortgage ...
  2008-02-24 03:50:00

• The Futura Loyalty Group Announces Strategic Relationship with ...

  Earthtimes - ... access to local market Mortgage Intelligence expertise to assist them in securing competitive terms and rates ... Mortgage Intelligence independent consultants help clients make better mortgage decisions for their home, revenue or vacation properties ...
  2008-02-26 09:07:00

• Home Prices Drop, Foreclosures Rise as Slump Deepens (Update4)

  Bloomberg - Home Prices Drop, Foreclosures Rise as Slump Deepens (Update4) By Sharon L. ... to slow the increase in defaults and two interest rate cuts by the Federal Reserve in January have failed to bring mortgage rates ...
  2008-02-26 11:44:00

• U.S. home foreclosures soar in January, Chicago shows improvement

  Chicago Tribune - Lenders typically consider borrowers delinquent after they fall three months behind on mortgage payments. Attempts to help struggling home owners ... Rounding out the top 10 states with the highest foreclosure rates were California, Florida, Arizona, ...
  2008-02-26 11:08:00

• Subprime Woes Hit N.D. Home Buyers

  Forbes - ... mortgage industry are being felt in North Dakota's first-time home ... rates - probably not as low as we'd like to see them." The Housing Finance Agency said the average mortgage loan it purchased last year was $101,000. The agency said it purchased the mortgages of 1,733 first-time home ...
  2008-02-26 08:52:00

• U.S. home prices fall, but prices of everything else rise

  International Herald Tribune - The collapse in home prices has worsened the situation for mortgage holders, especially those with loans whose rates are rising sharply even as the Fed cuts interest rates.
  2008-02-26 11:01:00

• Aid on home loans sought

  Los Angeles Times - Durbin (D-Ill.) and embraced by Majority Leader Harry Reid (D-Nev.), would empower judges to reduce the mortgage debt to a home's current, fair-market value. The proposal also would grant judges some authority to reduce interest rates that have ...
  2008-02-26 07:33:00

• Bernanke Fails to Cut Loan Rates for Most Americans (Update1)

  Bloomberg - ... Budget Office's panel of economic advisers. ``Inflation is still a threat and that influences the mortgage-bond investors who ultimately set the fixed rates.'' More than two-thirds of Americans own their own home, with total mortgage debt ...
  2008-02-26 09:57:00

Page:  01 2 3 4 5 6 7 8 9 10 11 12 13 14 15
 16 17 18 19 20 21 - 40