Mortgage and Financial News From 2008-2-20 Page 7
Previous Day: 2008-02-19
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Q&A Transcript
Washington Post - Compare the collapse of the real economy following the stock market crash of 1929 to the relative indifference with which ... be middle class American consumers who face increasing credit problems - generally in the form of rapidly rising mortgage rates ...
2008-02-20 11:15:00 -
Clinton in a corner after Obama extends streak
International Herald Tribune - If Obama or Clinton get in this White House large companies will uproot themselves entirely from America and we will hit new records of unemployment in this country. Say hello to 10-11% rates thanks to the “caring for the little guy” Democrats. [ ...
2008-02-20 11:30:00 -
See Today's Mortgage Rates
Colleyville Courier - Refinance, home equity, debt consolidation loans. Compare mortgage refinace rates from lenders and save. http://www.lowermybills.com/ Personalized Mortgage Newsletter Use our colorful, customized newsletter to keep in touch with past borrowers. Or ...
2008-02-20 07:41:00 -
How to Pick the Right Mortgage
Street.Com - ... prospect. It will make it much easier to consider retirement or to buy another home down the line. The following example illustrates how much you can save on interest payments when you compare 15- and 30-year rates for a $200,000 mortgage.
2008-02-20 07:12:00 -
E*TRADE FINANCIAL Enhances Research Tools, Increases Efficiencies for Retail Investors (Centre Daily Times)
E*TRADE FINANCIAL Corporation (NASDAQ: ETFC) today announced plans to offer greater customization features and enhanced research tools to help customers make informed investment decisions with ease. Scheduled to roll out in phases over the next 30 days, the expanded tools and services address customer needs for greater knowledge and education about both US and global markets.
2008-02-20 05:55:19 -
How to Pick the Right Mortgage (TheStreet.com)
A 30-year fixed rate isn't your only option.
2008-02-20 07:27:35 -
Save or Pay Down Debt? (Washington Post)
Should you be putting money in savings or investments at the same time you're paying off a loan?
2008-02-20 09:40:02 -
Foreclosures Begin to Hit Home (Flathead Beacon)
Prompted by news of the subprime mortgage crisis and soaring foreclosure rates, several callers a day contact Kalispell’s Century 21 Home and Investment Center asking for information on foreclosed homes in the Flathead Valley. The response – given national forecasts – isn’t what they’re expecting.
2008-02-20 11:49:27 -
Banks' bitter pill on interest rates
News.com.au - IAN and Kristine Green are at their wits' end. The Hampton Park couple owe almost $10,000 more today than they did when they took out a mortgage on their Grantley Close home in September 2006. And they can't see any way out of their financial crisis ...
2008-02-20 12:13:00 -
Gold Rises to Record as Oil Sparks Demand for Inflation Hedge
Bloomberg - A housing slump and mounting subprime-mortgage losses spurred the Fed in September to initiate a series of interest- rate cuts, the first since 2003, to bolster the economy. The federal funds rate is at 3 percent, down from 5.25 percent in mid ...
2008-02-20 02:21:00 -
Pimco's Gross Says U.S. Budget Deficit May Reach $800 Billion
Bloomberg - Bernanke have cut borrowing costs five times since September in order to prevent $146 billion of losses on mortgage-related investments from tipping the economy into recession. ``We've never faced this in terms of our modern financial ...
2008-02-20 02:43:00 -
New Online Document Storage Allows myClosingSPACE.com Customers to ...
Forbes - "Are my mortgage documents ready?" "Does the lender or attorney have all the documents they need?" "What's holding up my closing?" These are just three of the questions most commonly asked by homebuyers after they have begun the home buying process ...
2008-02-20 02:07:00 -
UPDATE 3-Reuters Summit-Ohio expands mortgage industry probe
Forbes - Last year the Democrat, whose home state endures one of the highest foreclosure rates, issued civil investigative subpoenas to companies in the mortgage industry. The probe targets predatory lending schemes but also explores possible violations of ...
2008-02-20 01:03:00 -
UPDATE 2-US thrift agency mulls mortgage refinancing spur
Forbes - ... said it was looking at a program to create "negative equity certificates," which would help borrowers stay in their homes and help thrifts recoup losses when a home's value had fallen dramatically. The thrift industry is largely comprised of mortgage ...
2008-02-20 11:30:00 -
Mortgage crisis: Don't forgive debt, just postpone repayment
CNN Money - The Office of Thrift Supervision (OTS) is urging the federal savings and loans lenders under its authority to refinance loans by reducing mortgage balances to the current market values of the homes. Thanks to falling home prices, many homeowners are ...
2008-02-20 02:29:00
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