Mortgage and Financial News From 2008-1-25
Previous Day: 2008-01-24
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International Community Struggles to Ease Financial Crisis
Donga.com - ... to ease the global financial crisis that has spread from U.S. subprime mortgage ... and Asia are looking at taking other major steps without having to lower interest ... Only a few central banks have followed in the U.S. They include the Bank of ...
2008-01-24 03:22:00 -
Paydirt: Don't panic; it's not another Depression
Minneapolis Star Tribune - Not only that, but the slowdown has increased the inventory on the market, and mortgage rates are once again at historic lows. Interest rates should be dropping on credit cards and home equity lines of credit as well, thanks to the Federal Reserve's ...
2008-01-24 03:15:00 -
Recession Nears, Housing Falters
Washington Post - ... almost 60 percent of all new mortgage applications by mid-January were for refinancing," reports Kenneth R. Harney in the Nation's Housing . "While much of the demand is from homeowners facing payment resets on adjustable-rate and interest-only loans ...
2008-01-24 02:25:00 -
Tax rebates deal announced
CNBC - An additional 19 million households would receive only partial rebates under Bush's initial proposal. To address the mortgage crisis, the package also raises the limits on Federal Housing Administration loans and home mortgages that Fannie Mae and ...
2008-01-24 10:50:00 -
When A Mortgage Turns Upside Down
CBS News - Wimbish hoped to get out of the hole by refinancing her mortgage at today's lower rates -- only to be ... The good news is if you can't refinance, that we do have falling interest rates," she said. "And you might even see your adjustable-rate mortgage ...
2008-01-24 03:51:00 -
New addition in south Marion starting to fill up - Marion Chronicle Tribune
New addition in south Marion starting to fill upMarion Chronicle Tribune, IN - 2 hours agoOf those 25, 14 sites have closed, meaning the customer has purchased the home, construction was completed and the mortgage has been finalized. ...
2008-01-25 02:13:03 -
EURO CORP-Spreads narrow on US moves to restore confidence - Guardian Unlimited
EURO CORP-Spreads narrow on US moves to restore confidenceGuardian Unlimited, UK - 2 hours ago"If I have got troubles paying my mortgage payments, does it really help me to get $600?" he said. "They want to make clear that they will do all they can ...
2008-01-25 02:17:21 -
Pinnacle Digest: Early Assay Results from Comstock Lode Project ... - Trading Markets (press release)
Pinnacle Digest: Early Assay Results from Comstock Lode Project ...Trading Markets (press release), CA - 1 hour agoHis plan in late 2007 to freeze mortgage rates had little to no affect and his most recent tax rebate claims have not had an affect yet. ...
2008-01-25 02:54:20 -
Big Ben's hand cuts into moral hazard debate - domain-B
Big Ben's hand cuts into moral hazard debatedomain-B, India - 1 hour agoSuch a scenario would have been another nightmare for the financial markets, comparable to the recent meltdown related to mortgage-linked securities. ...
2008-01-25 02:58:28 -
Tax deadline: Delay at your peril - BBC News
Tax deadline: Delay at your perilBBC News, UK - 1 hour ago... interest, dividends received etc) and any other income - for example, income from property rented out, net of expenses, including mortgage interest. ...
2008-01-25 02:58:31 -
Pinnacle Digest: Assay Results from San Miguel Project Draw Attention - Trading Markets (press release)
Pinnacle Digest: Assay Results from San Miguel Project Draw AttentionTrading Markets (press release), CA - 1 hour agoHis plan in late 2007 to freeze mortgage rates had little to no affect and his most recent tax rebate claims have not had an affect yet. ...
2008-01-25 02:59:37 -
Private profit, social losses - Workers' Liberty
Private profit, social lossesWorkers' Liberty, UK - 1 hour agoIn early 2007, low-security, high-interest mortgage lending in the USA went into crisis. By the end of 2006, those “subprime” mortgages totalled about $1.5 ...
2008-01-25 03:04:58 -
Is spending best use of tax rebate? - Baxter Bulletin
Is spending best use of tax rebate?Baxter Bulletin, AR - 1 hour agoRising fuel costs, the home mortgage and foreclosure fiasco, ever-climbing health costs and low wage growth all gouged peoples' pockets. ...
2008-01-25 03:06:05 -
Central bank projects 2008 growth at 4.5-6% - Bangkok Post
Central bank projects 2008 growth at 4.5-6%Bangkok Post, Thailand - 1 hour agoThailand's economic growth could be affected due to the ongoing US sub-prime mortgage lending problem while it is expected that US growth this year would be ...
2008-01-25 03:16:13 -
Wall Street extends its rebound - Amarillo.com (subscription)
Wall Street extends its reboundAmarillo.com (subscription), TX - 53 minutes agoHe said the Federal Reserve's decision to lower interest rates this week also could help some struggling homeowners hold onto their property. ...
2008-01-25 03:24:33
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