Mortgage and Financial News From 2007-10-28 Page 12
Previous Day: 2007-10-27
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
-
India's central bank set to keep interest rates unchanged (Sharewatch)
MUMBAI (Thomson Financial) - India's central bank is expected to maintain interest rates in a quarterly review this week, but may ask lenders to set aside more cash as reserve to cut a surge in money supply, economists said.
2007-10-28 02:17:37 -
India's central bank set to keep interest rates unchanged (AFP via Yahoo! News)
India's central bank is expected to maintain steady interest rates in a quarterly review this week, but may ask lenders to set aside more cash as reserve to cut a surge in money supply, economists say.
2007-10-28 12:14:09 -
Lenders bail out home sellers
News-Press - WHAT: A short sale occurs when a lender forgives some of its debt to let a deal go through because the sale price is less than the mortgage. WHY: In Southwest Florida, short sales have become common because of the plummeting price of homes in the ...
2007-10-27 10:04:00 -
From home to handyman's special
Burlington Free Press - She fell behind on her mortgage payments, and her lender started the foreclosure process in September 2005 on a $228,650 mortgage she ... In 2002, after the original $37,500 home mortgage established by her late father was paid off, she took out the ...
2007-10-28 01:17:00 -
Hurdles to home buying
Allentown Morning Call - It has become a lot tougher for first-time home buyers to secure a mortgage these days. With the mortgage industry rocked by soaring ... Until the tightening, Marten could find a lender for those with relatively poor credit or with little for a down ...
2007-10-28 03:33:00 -
Insurance may boost your mortgage payment
NorthJersey.com - ... homebuyer puts down less than 20 percent cash and borrows more than 80 percent on his primary mortgage. The insurance protects the lender ... must keep paying it until your mortgage principal drops to about 80 percent of the value of the home. Mortgage ...
2007-10-28 02:07:00 -
Congress rushes to aid beleaguered homeowners, buyers
San Francisco Gate - Titled the Home Ownership Mortgage Emergency Act, the bill would allow certain borrowers who are 60 days ... Kanjorski, D-Pa., the Escrow, Appraisal and Mortgage Servicing Improvements Act would ban all forms of lender or broker interference in appraisers ...
2007-10-28 02:50:00 -
Legg Mason managers are in a slump
Philadelphia Inquirer - He owns mortgage lender Countrywide Financial Corp. and builders Pulte Homes Inc. and KB Home. Countrywide's shares have slumped 68 percent this year, Pulte Homes has declined 56 percent, and KB Home has tumbled 49 percent. "The streak had to end ...
2007-10-27 11:58:00 -
Countrywide shares soar despite loss (Taipei Times)
Countrywide Financial, the US' largest mortgage lender and loan servicer, reported a US$1.2 billion loss in the third quarter of this year on Friday, but said it expected to return to profitability by the end of the year as the housing crisis subsided and it capitalized on disruptions in the home loan market.
2007-10-27 07:27:15 -
Hurdles to home buying (The Morning Call)
First mortgages more difficult to obtain It has become a lot tougher for first-time home buyers to secure a mortgage these days.
2007-10-28 03:45:56 -
Insurance may boost your mortgage payment (The Record)
When you're calculating how much your monthly payment will be on your new home, here's another number you may have to include: mortgage insurance.
2007-10-28 02:29:44 -
China sees dip in growth
New Zealand Herald - ... of China, India and Russia are becoming the engines of global growth, as the Western economies stumble after the credit squeeze. These three countries alone will account for a half of total global growth over 2007. Beijing has raised interest rates ...
2007-10-26 05:54:00 -
After curb on P-Notes, FM indicates more steps to moderate capital ...
Economic Times - Since the US Federal Reserve cut interest rates on September 18, it has risen 23%, hitting a record high in 20 out of 27 sessions. Data showed foreign funds were net buyers of $53 million of shares on Thursday, taking their net investment to $17.1 ...
2007-10-27 09:54:00 -
Bank of England warns of risks to property and stock markets
Belfast Telegraph - Thus the squeeze is set to continue, albeit not necessarily to the same degree and with market interest rates perhaps lower than recent peaks. Equity prices are seen as vulnerable to further downgrades on economic growth, and the weak US ...
2007-10-24 05:57:00 -
Even a born saver needs investment advice
Columbus Dispatch - Wille's instinct is to put her $2,000 CD toward her debt. But Pitzl disagrees. The bulk of her student loans are at rock-bottom fixed rates. And the interest is currently tax-deductible, "so the net interest rate you are paying is actually less than ...
2007-10-28 03:12:00