Mortgage and Financial News From 2008-2-15 Page 26

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  • Repossessions soar as homeowners start to feel pain - Courier Mail

    Repossessions soar as homeowners start to feel painCourier Mail, Australia - 7 hours ago"You'd suspect it would be mostly in the mortgage-belt suburbs where people got into the market late when prices and interest rates were higher," he said. ...
    2008-02-15 05:10:35

  • Tánaiste's address to social partners - Irish Times

    Tánaiste's address to social partnersIrish Times, Ireland - 7 hours agoIn relation to mortgage interest rates increases that have occurred over the past year or so, my Budgetary changes to mortgage interest relief will help to ...
    2008-02-15 05:23:59

  • Home sales at 13-year low -- 1 in 5 was in foreclosure - Santa Rosa Press Democrat

    Home sales at 13-year low -- 1 in 5 was in foreclosureSanta Rosa Press Democrat, CA - 7 hours agoOnly 167 houses were sold in the county in January, the lowest total since 1995 and well below the historical average for the month. ...
    2008-02-15 05:38:37

  • Treasurys Rise on Credit Jitters, Manufacturing, Confidence Data - Wall Street Journal

    Treasurys Rise on Credit Jitters, Manufacturing, Confidence DataWall Street Journal - 5 hours agoThe flight-to-quality flow sent the two-year note's yield, which move inversely to prices, to its lowest level since April 2004. The 10- and 30-year sectors ...
    2008-02-15 07:41:26

  • Refinance mortgage now or wait? - Baltimore Sun

    Refinance mortgage now or wait?Baltimore Sun, United States - 4 hours agoPresent rates aren't the lowest in recent history. In 2003 the 30-year rate briefly dipped below 5 percent and the 15-year rate touched 4.4 percent. ...
    2008-02-15 09:05:51

  • Credit crisis moves beyond banks - Inman.com (subscription)

    Credit crisis moves beyond banksInman.com (subscription), CA - 2 hours agoLong-term rates had been in the same place for four weeks, with the bond market running out of buyers at near-record lows and overdue for counter-move. ...
    2008-02-15 10:57:30

  • FGIC Split Signals Urgency For Bond Insurer Capital Plans - CNNMoney.com

    FGIC Split Signals Urgency For Bond Insurer Capital PlansCNNMoney.com - 20 minutes agoSecurity Capital, which has the biggest capital shortfall and the lowest market value of the three, also declined to comment Friday, and hasn't commented on ...
    2008-02-15 12:49:34

  • No recession yet, Greenspan says (WTHR Indianapolis)

    Former Federal Reserve Chairman Alan Greenspan said Thursday night the American economy is "clearly on the edge" of a recession, and he pointed to the depressed housing market as a primary culprit.
    2008-02-15 08:46:28

  • Central Bankers fueling Global Commodity Inflation (Kitco.com)

    Central bankers and finance ministers from the world’s top-10 economic powers, huddled behind closed doors in Tokyo last weekend, trying to work out a joint strategy to rescue the global stock markets from another possible meltdown.
    2008-02-15 09:01:37

  • Economy 'on the edge' of recession, Greenspan says (USA Today)

    Former Federal Reserve Chairman Alan Greenspan said Thursday night that the U.S. economy is "clearly on the edge" of a recession, and he pointed to the depressed housing market as a primary culprit.
    2008-02-15 10:05:56

  • Small Payments, Big Commitment

    Motley Fool - Who wants to be paying on a mortgage into his or her 80s? You can expect to pay more total interest, a lot more, with a longer ... To get a better idea about what that longer-term loan will cost you, ignore the monthly payment for a moment and calculate ...
    2008-02-15 09:41:00

  • How to Avoid a Mortgage Escrow Nightmare

    Street.Com - ... that to your projected loan principal and interest payment. (Assuming you have learned one of the painful lessons of the mortgage crisis and are getting a fixed-rate mortgage, you can use the BankingMyWay Fixed Mortgage Loan Calculator to calculate ...
    2008-02-15 11:07:00

  • DCT Industrial Trust Reports 2007 Fourth Quarter and Year End Results - PR Newswire (press release)

    DCT Industrial Trust Reports 2007 Fourth Quarter and Year End ResultsPR Newswire (press release), NY - 23 hours agoOther REITs may not calculate FFO in accordance with the NAREIT definition and, accordingly, DCT Industrial's FFO may not be comparable to such other REITs' ...
    2008-02-14 01:47:36

  • Small Payments, Big Commitment - Motley Fool

    Small Payments, Big CommitmentMotley Fool - 3 hours agoTo get a better idea about what that longer-term loan will cost you, ignore the monthly payment for a moment and calculate the total interest you will pay ...
    2008-02-15 09:34:26

  • An essential guide to what the house price surveys really mean (Times Online)

    House price surveys have never been so controversial. As Bricks and Mortar discussed last week, a vocal minority - which believes that the property market is heading for disaster - claims that data from Halifax, Nationwide and others give a falsely optimistic view.
    2008-02-15 01:56:44

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