Mortgage and Financial News From 2008-2-3 Page 38

RSS Feed

Previous Day: 2008-02-02

Return to the mortgage news archive home.

  • TIME TO REAPPRAISE SYSTEM THAT'S ALL TOO OPEN TO ABUSE

    Fort Worth Star-Telegram - These independent assessments of a home's value are required for every mortgage ... She often sends the information to regulators. She says that appraisers face even ... A lot of people are upside down on their loans, and they can't refinance without a ...
    2008-02-03 02:31:00
  • It's time to renew priorities - San Bernardino Sun

    It's time to renew prioritiesSan Bernardino Sun, CA - 8 hours agoBut our interest in the economy needs to be deeper than whether you're now able to refinance or when you can expect your $800 tax refund check. ...
    2008-02-02 08:58:32
  • Women & Money: Keeping clear-eyed about divorce's financial side - Philadelphia Inquirer

    Women & Money: Keeping clear-eyed about divorce's financial sidePhiladelphia Inquirer, PA - 4 hours agoIf you intend to leave the house to your husband, insist that he refinance immediately and take your name off the mortgage. If your name is on it and your ...
    2008-02-03 12:02:47
  • Does it make sense to refinance now? - MiamiHerald.com

    Does it make sense to refinance now?MiamiHerald.com, FL - 4 hours agoBut many people aren't sure how to decide when and whether to refinance. Q:Is it true that it is not really worth refinancing a 30-year mortgage unless it ...
    2008-02-03 12:12:39
  • Housing prices have to come down more for recovery to begin

    Asbury Park Press - Because housing is cyclic, periods of robust activity and rising prices eventually stall as mortgage rates rise or the economy slows. That is not what happened this time. Instead, this contraction began in 2005, when rates were low and the economy ...
    2008-02-03 01:56:00
  • Rate cuts help borrowers, but they are bad for savers

    Fort Worth Star-Telegram - And conventional mortgage rates tend to follow rates on long-term Treasury bonds, which have fallen further since the Fed acted. Rates on 30-year fixed mortgages are approaching three-year lows. On Jan. 18, the best rate on a 30-year loan was 5.5 ...
    2008-02-03 02:31:00
  • Nordic Banks eye edge in subprime crisis

    Guardian Unlimited - Moody's chief Nordic analyst Janne Thomsen said that the Nordic covered bond markets and mortgage markets are still ... But it said that North American housing delinquency and loss rates must increase significantly before it will be exposed to ...
    2008-02-03 03:36:00
  • Persian Gulf Shares Rise After Fed Cut; Amlak, Emaar Advance

    Bloomberg - ... Gulf shares gained after five states, including Saudi Arabia and the United Arab Emirates, lowered interest rates following the half-point cut by the U.S. Federal Reserve. Amlak Finance PJSC, the United Arab Emirates' biggest mortgage ...
    2008-02-03 03:14:00
  • Peter Boutell, Lending a Hand: What would an increase in loan limits ...

    Santa Cruz Sentinel - Fannie Mae and Freddie Mac are the nation's largest investors in home loans and set the standards for mortgage rates for the 15- and 30-year fixed-rate loans. Every year in late November, Fannie Mae and Freddie Mac announce the new "conforming" limits ...
    2008-02-03 12:51:00
  • The Week Ahead in Business

    Daily Breeze - Federal Reserve reports on consumer credit for December; Freddie Mac, the mortgage company, reports on mortgage rates; the nation's retailers release their sales results for January. FRIDAY: Weyerhaeuser Co. releases fourth-quarter financial ...
    2008-02-03 01:41:00
  • Well done, HSBC - but we'll still shop around

    Guardian Unlimited - The news that HSBC is offering existing mortgage customers whose fixed rates are ending the option of refixing at exactly the same rate is welcome. It should be hugely reassuring to those customers who feared they might face an unavoidable hike in ...
    2008-02-02 03:40:00
  • While U.S. housing stumbles, Hong Kong property market soars

    International Herald Tribune - Hong Kong mortgage rates are now negative in real terms, below the inflation rate of 3.8 percent and it has become cheaper to buy than rent, analysts say. A Merrill Lynch property analyst has predicted a 50 percent rally in property prices in the next ...
    2008-02-03 01:13:00
  • The US Treasury Yield Curve - RightSide Advisors

    The US Treasury Yield CurveRightSide Advisors, CA - 1 hour agoThis is important because the yield of the 30-Year Bond has the huge affect on both mortgage rates and equity valuations, two important influences on the ...
    2008-02-03 02:42:56
  • Experts advise how to use stimulus cash - Press-Register - al.com

    Experts advise how to use stimulus cashPress-Register - al.com, AL - 1 hour agoThe government doesn't want people to reduce debt, make a double mortgage payment or buy shares as Fidelity reopens its Magellan fund, Ferguson said, ...
    2008-02-03 02:43:26
  • Housing affordability deteriorates - BCLocalNews

    Housing affordability deterioratesBCLocalNews, Canada - 1 hour agoIn 1980, home prices skyrocketed almost overnight, then plunged as mortgage rates went through the roof, and the job market crashed. ...
    2008-02-03 03:06:56