Mortgage and Financial News From 2008-2-16 Page 5

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  • How to profit from the banks’ pain

    Times Online - ... desperate to pull in cash to bolster their balance sheets because the wholesale markets, where they usually raise funds, remain closed for business because of the American sub-prime mortgage meltdown. Savers are therefore being offered the best rates ...
    2008-02-16 01:58:00

  • Flood wall debate could prove costly - MLive.com

    Flood wall debate could prove costlyMLive.com, MI - 1 hour agoIf FEMA draws a map that puts your home or business in an area at high risk for flooding, you can expect a call from your banker or mortgage company, ...
    2008-02-16 07:29:12

  • Event gives Dallas-area homeowners advice on avoiding foreclosure - Dallas Morning News

    Event gives Dallas-area homeowners advice on avoiding foreclosureDallas Morning News, TX - 1 hour agoBy JEFF MOSIER / The Dallas Morning News Denise Knudson was ready to take a second job and borrow from her 401(k) to make her mortgage payment once it ...
    2008-02-16 07:45:17

  • If you have home equity, get a line of credit - San Francisco Chronicle

    If you have home equity, get a line of creditSan Francisco Chronicle,  USA - 35 minutes agoFixed 30-year mortgage rates are near their lowest in history - below 6 percent. Who knows what rates will be a year from now? Q: I own a rental property. ...
    2008-02-16 08:41:22

  • New loan rates up in the air for those trying to refinance - San Francisco Chronicle

    New loan rates up in the air for those trying to refinanceSan Francisco Chronicle,  USA - 17 minutes agoMortgage rates are pretty low right now. If they shoot up in the next month or two, you could lose whatever advantage you might get from holding out for a ...
    2008-02-16 09:00:01

  • Outdoor activities on downswing - Meriden Record-Journal

    Outdoor activities on downswingMeriden Record-Journal, CT - 16 minutes ago"With the downturn in subprime mortgage rates, we're seeing another good market emerge, so we'll be buying a lot of land. Slowly but surely we're closing on ...
    2008-02-16 09:00:32

  • Good Deals for Income Investors - Wall Street Journal

    Good Deals for Income InvestorsWall Street Journal - 15 minutes agoSome fund managers say the "spreads" by which yields on investment-grade corporate bonds and mortgage-backed bonds exceed those of Treasurys are wider than ...
    2008-02-16 09:01:51

  • Housing, jobs may weaken as inflation stays tame - MarketWatch

    Housing, jobs may weaken as inflation stays tameMarketWatch - 15 minutes agoThe Fed has slashed rates recently to try to stop the mortgage-fueled credit crisis from sparking a recession. See full story. The National Association of ...
    2008-02-16 09:02:04

  • It's the government, stupid - Pittsburgh Tribune-Review

    It's the government, stupidPittsburgh Tribune-Review, PA - 14 minutes agoLastly, consider the Federal Reserve, which controls the currency supply, the currency value and interest rates. In 2001, from January to December, ...
    2008-02-16 09:02:38

  • Space out canceling of charge cards - Tribune Review

    Space out canceling of charge cardsTribune Review, PA - 13 minutes agoIf you're in the market for a mortgage or other type of loan, you may want to be careful about canceling several cards at once. ...
    2008-02-16 09:03:48

  • Bringing down the house payment - Times Record News

    Bringing down the house paymentTimes Record News, TX - 13 minutes agoHometown couple pays off mortgage years early. With the New York Times reporting last week on rising default rates in even prime mortgage loans — those are ...
    2008-02-16 09:04:00

  • Canadians looking south: More northern neighbors buying SC homes - The State

    Canadians looking south: More northern neighbors buying SC homesThe State, SC - 12 minutes agoShe said it was too expensive to get a mortgage here. Roy Lipman, of Toronto, also had a tough time getting financing when looking for a home along the ...
    2008-02-16 09:05:07

  • Foreclosures make up half of state home sales - San Gabriel Valley Tribune

    Foreclosures make up half of state home salesSan Gabriel Valley Tribune, CA - 7 minutes ago... foreclosure while lenders try to work out a way to make the mortgage more affordable. The AP's foreclosure analysis compared the annual rate of existing ...
    2008-02-16 09:09:22

  • Conflicting signs for small businesses - The Union Leader

    Conflicting signs for small businessesThe Union Leader, NH - 6 minutes ago"Then you've had the issue with subprime mortgage impacting the real estate market, so the consumer confidence piece is not quite there. ...
    2008-02-16 09:10:25

  • Surviving your first economic downturn - Nashua Telegraph

    Surviving your first economic downturnNashua Telegraph, NH - 6 minutes agoNot 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 ...
    2008-02-16 09:10:53

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