Mortgage and Financial News From 2008-2-15 Page 33

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  • CEOs snub wage restraint plea

    News.com.au - He urged highly-paid executives in the private sector to follow suit to head off a wages outbreak which would drive inflation - and mortgage rates - even higher. Economists are predicting at least one more rise in March - and possibly more in April or ...
    2008-02-15 08:08:00

  • Sub-prime woes hit mortgage giant

    BBC Business - He also blamed falling transactions in sales of more than $417,000, where mortgage repayment rates have been high as a result of the credit crisis, for "dampening the national median price as well as the data for some of the more expensive markets ...
    2008-02-15 07:18:00

  • Sad Sentiment Survey

    Street.Com - ... to look for an upside trade at this point, but I am moving slowly to see what sort of support is out there. We are certain to get more Fed interest rate cuts given the economic news, but one thing that troubles me greatly is that mortgage rates are ...
    2008-02-15 07:11:00

  • Child care and prosperity

    News.com.au - One area where spending should be boosted is child care, which has become more important than ever as mums and dads find they must both work to meet soaring mortgage rates and living expenses. Childcare places are becoming so desperately short that ...
    2008-02-15 05:16:00

  • US mortgage rates up 1/4 pt on Thursday - BestInfo

    Reuters - NEW YORK, Feb 14 (Reuters) - The average rate on a 30-year U.S. mortgage with no upfront points increased by 1/4 percentage point to 6-1/4 percent on Thursday, according to BestInfo Inc. The 30-year mortgage rate with one upfront point rose by 1/4 ...
    2008-02-14 11:58:00

  • Fed Cuts, Mortgage Rates Rise -- Huh?

    Stockhouse Canada - by Quotes delayed at least 20 minutes for all exchanges. Market Data provided by . Company fundamental data provided by Hemscott. and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. . Powered and ...
    2008-02-15 05:16:00

  • Fed Sights Room to Reduce Rates

    HispanicBusiness.com - The Fed's rate cuts have led to a more modest decline in mortgage rates for borrowers with good credit, but they have done little to stop the meltdown in credit markets that stemmed from soaring defaults and home foreclosures tied to risky mortgages ...
    2008-02-15 08:15:00

  • Countrywide delinquency rate rises to 7.47 percent in January ...

    CNBC - Loan servicers collect mortgage payments and distribute them to the owners of the mortgages. Foreclosure rates as a percentage of unpaid principal balance increased to 1.48 percent in January, from 1.44 percent in December and 0.77 percent in January ...
    2008-02-15 06:21:00

  • Top Officials See Bleaker Outlook for the Economy

    New York Times - In testimony to Congress, Ben S. Bernanke , the chairman of the Federal Reserve, signaled that the Fed was ready to reduce interest rates yet again, pointing out that problems in housing and mortgage-related markets had spread more widely and proved ...
    2008-02-15 10:17:00

  • CanEquity Lowers Mortgage Rates

    Market Wire - - one-year closed 5.20 per cent (decreased by 0.10 per cent) - two-year closed 5.95 per cent (decreased by 0.15 per cent) - three-year closed 5.99 per cent (decreased by 0.11 per cent) - four-year closed 5.99 per cent (decreased by 0.11 per cent ...
    2008-02-15 09:20:00

  • It's hard to keep track of the best home loans

    Daily Telegraph - Britain's biggest mortgage lender has increased rates on its tracker home loans by up to 0.20 percentage points – a week after the Bank of England cut the base rate by a quarter point. Melanie Bien: 'Borrowers must act quickly on a good deal ...
    2008-02-15 08:51:00

  • County real estate market shifting - Newport News Times

    County real estate market shiftingNewport News Times, OR - 1 hour agoHome prices are lower, mortgage interest rates continue to decline and incomes are higher, but many potential buyers are delaying a purchase. ...
    2008-02-15 09:45:33

  • Mortgage Applications and Home Loans Are Achieving Drops - Debt Clinic

    Mortgage Applications and Home Loans Are Achieving DropsDebt Clinic, UK - 1 hour agoFor first-time buyers, the combination of subdued house price inflation and lower mortgage rates means affordability should ease slowly as the year ...
    2008-02-15 09:46:09

  • Stocks Fall on Weak Data - BusinessWeek

    Stocks Fall on Weak DataBusinessWeek - 1 hour agoBond prices gained on market expectations that the Federal Reserve is likely to cut interest rates again in March. Near midsession Friday, the Dow Jones ...
    2008-02-15 09:50:44

  • Countrywide's Overdue Mortgages Increase to 7.47% (Update1) - Bloomberg

    Countrywide's Overdue Mortgages Increase to 7.47% (Update1)Bloomberg - 1 hour ago15 (Bloomberg) -- Countrywide Financial Corp., the biggest US mortgage lender, said overdue loans reached 7.47 percent in January, the most in at least six ...
    2008-02-15 09:53:37

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