Mortgage and Financial News From 2008-1-15 Page 61

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  • Don’t ignore rising debt! (mymoney.iafrica.com)

    Ignore mounting debt at your own peril, but don’t let it keep you up at night. Here are some simple, practical steps you can take to limit your debt and to deal with bad debts if you are already in trouble.
    2008-01-15 04:35:34
  • Citi posts first quarterly loss (Interactive Investor)

    Business Finance and city news online from Interactive Investor (www.iii.co.uk). Plus financial and currency market news and information 24/7. Stock prices, share prices, currency markets news and business finance headlines. Also news from AFX and Reuters.
    2008-01-15 05:10:34
  • Money-Market Rates in Euros Drop Before Emergency-Cash Auctions

    Bloomberg - Falling money-market rates are a sign that central banks are tackling a squeeze on lending sparked by the collapse of the U.S. subprime-mortgage market. Citigroup Inc., Bank of America Corp. and Merrill Lynch & Co. may report their worst-ever quarter ...
    2008-01-15 02:54:00
  • Rudd warns: No relief in sight

    News.com.au - A rate rise on February 5 would be a double whammy for already struggling families, who last week suffered more mortgage pain when the country's major banks raised home loan rates. At a meeting in Sydney with Deputy RBA Governor Ric Battelino and ...
    2008-01-15 05:53:00
  • Taylor Orders Drop 19% as Tight Credit Deters Buyers (Update4)

    Bloomberg - Cancellation rates rose to more than 30 percent in the final quarter of 2007 from an average of about 20 percent, while reservations fell about 25 percent, Redfern said. The number of homes Taylor Wimpey built in 2007 dropped 5.8 percent ...
    2008-01-15 03:01:00
  • Indian Benchmark Bonds Gain on Outlook for Lower Interest Rates

    Bloomberg - The securities extended last week's gains, the most in almost a year, as a report said ICICI Bank Ltd., India's biggest by market value, may cut mortgage loan rates in the coming quarter. The federal government's borrowing costs fell to the least in ...
    2008-01-14 10:58:00
  • MORTGAGE BANKERS: Mortgage Production Will Drop 16% in 2008 ...

    HuntingtonNews.Net - Second, the spread between the 10-year Treasury yield and conforming mortgage rates as well as the spread between conforming mortgage rates and jumbo rates has widened. Third, home prices have declined in many areas. These factors have combined to ...
    2008-01-15 01:35:00
  • Money-Market Rates Drop Before Central Bank Auctions (Update3)

    Bloomberg - Falling money-market rates are a sign central banks are tackling the gridlock in lending sparked by the collapse of the U.S. subprime-mortgage market. Citigroup Inc., the largest U.S. bank, posted a record loss today as it wrote down the value of ...
    2008-01-15 05:53:00
  • Kevin Coyne Rejoins Market Rates Insight as Newly Named Vice President ...

    Forbes - Coyne returns to Market Rates Insight after working as Lending Director, Real Estate for Jeffco Credit Union in Lakewood, Colorado, where he managed the mortgage and consumer lending practice areas. In his new role, Coyne will be responsible for ...
    2008-01-15 05:31:00
  • Rate gap narrows on Wizard

    News.com.au - WIZARD Home Loans, one of the price leaders in the Australian mortgage market in the past decade, yesterday hiked rates on its standard variable mortgage loan by 0.35 per cent. The hike is the largest by a home lender this year and further reduces ...
    2008-01-15 06:22:00
  • Monday, January 14

    News.com.au - Banks treating Swan like a 'mug' THE country's major banks are treating new Federal Treasurer Wayne Swan like a "mug" by independently raising mortgage rates, the Opposition says.
    2008-01-15 06:00:00
  • NAR economist says Baltimore housing has bottomed out

    Baltimore Sun - Continued job growth is helping create pent-up need for homes, he said, while mortgage interest rates have fallen below 6 percent, a two-year low. Yun acknowledged that some economists are predicting massive price drops, but he said some of those ...
    2008-01-15 05:17:00
  • Mortgage rates slashed at N&P

    MyFinances.co.uk - Norwich and Peterborough Building Society (N&P) has reduced rates on its three-year fixed-rate mortgages, it announced this week. The news means the company's three-year fixed rate 6.34 per cent rate product will, with immediate effect, offer a new ...
    2008-01-15 02:32:00
  • Nine out of 10 Norwich Union endowments set to fall short - Guardian Unlimited

    Nine out of 10 Norwich Union endowments set to fall shortGuardian Unlimited, UK - 40 minutes agoA 25-year £50-a-month Norwich Union mortgage endowment maturing this year will pay out £39357, a fall of 6.5% compared with policies maturing last year. ...
    2008-01-15 06:04:48
  • GLOBAL MARKETS-Citigroup loss, US sales fall worry investor - Guardian Unlimited

    GLOBAL MARKETS-Citigroup loss, US sales fall worry investorGuardian Unlimited, UK - 40 minutes agoFinancial services company State Street Corp reported lower fourth quarter net income after it set aside millions for legal costs tied to mortgage ...
    2008-01-15 06:05:23