Mortgage and Financial News From 2007-11-16 Page 21
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(AFX UK Focus) 2007-11-16 08:00 GMT: China B-shares close lower on interest rate hike worries, tax concerns-UPDATE (Interactive Investor)
SHANGHAI (XFN-ASIA) - China B-shares closed lower led by property stocks on worries about a possible interest rate hike as early as today, dealers said.
2007-11-16 12:08:36 -
The how and Y of getting it together
Sydney Morning Herald - ... shows 55 per cent of generation Y households have money owing on credit cards, with 37 per cent servicing a mortgage ... consider consolidating the debt into one low interest rate credit card and put a lid on your spending. To compare products, rates and ...
2007-11-13 03:57:00 -
REALTORS: 'Modest Recovery' for Existing-Home Sales Seen in 2008 as ...
HuntingtonNews.Net - ... steady unleashing of pent-up demand, and from a wide abundance of safer mortgage ... conventional mortgages are widely available at favorable interest rates for the ... to five times greater than stock market returns,” he said. “When people compare ...
2007-11-12 03:59:00 -
Tax cuts - but anger over broken pledges
Scotsman - The freeze in council-tax rates was at the heart of the budget. Mr Swinney struck a deal with Scotland's 32 local authorities, giving them £500 million extra next year and greater flexibility in how they spend their money in return. Budget analysis ...
2007-11-15 08:10:00 -
IN BRIEF
Las Vegas Review Journal - ... say investors will lose an important source of information used in making decisions and that it will be harder to compare ... Thirty-year mortgage rates holding steady Rates on 30-year mortgages were unchanged this week after posting three consecutive ...
2007-11-16 01:56:00 -
Howard's old rates promise haunting campaign, Labor says
Australian Broadcasting Corp. - John Howard insists his promise was met when you compare standard variable mortgage rates. JOHN HOWARD: The housing interest rate now at 8.3 per cent is lower than at any time under the former Labor government and less then half the peak of 17 per ...
2007-11-14 12:33:00 -
Rates charged for SVRs vary 1.7%
Channel 4 News - The standard variable rates charged by mortgage lenders vary by nearly 2%, according to a financial website. Online mortgage firm mform ... for shorter term deals should weigh up the application fees and exit penalties on the best offers and compare them ...
2007-11-16 04:48:00 -
Rates charged for SVRs vary 1.7% (Channel 4)
The standard variable rates charged by mortgage lenders vary by nearly 2%, according to a financial website. Online mortgage firm mform.co.uk said the average standard variable rate (SVR) was 7.51%, although some were as high as 7.94%, while the best deal on offer was 6.24%.
2007-11-16 04:55:04 -
Industry Notes
OregonLive.com - Lori Randall has returned to Wells Fargo Home Mortgage to work as a reverse mortgage lending officer. Randall started her financial services career at U.S. Bank in 1991 where she worked in a variety of lending positions. She worked from 1996 to 2000 ...
2007-11-16 12:02:00 -
Dexia Third-Quarter Profit Falls 28% on U.S. Unit (Update3)
Bloomberg - Record foreclosures on U.S. mortgage loans to subprime borrowers have roiled credit markets, reducing the value of some of the debt securities FSA insures. Dexia's stock was down 1.36 euros, or 7 percent, to 17.94 euros by 11:55 a.m ...
2007-11-16 03:08:00 -
Dexia Dives On U.S. Troubles
Forbes - Home Business Tech Markets Entrepreneurs Leadership Personal Finance ForbesLife Lists Opinions Video Blogs E-mail Newsletters People ... The subsidiary reported a $191 million fall in the value of insured derivatives linked to the mortgage-backed securities market
2007-11-16 03:44:00 -
Wall Street Heads to Flat Open
Forbes - Home Business Tech Markets Entrepreneurs Leadership Personal Finance ForbesLife Lists Opinions Video Blogs E-mail Newsletters People ... There were also reports late Thursday that Residential Capital, the troubled mortgage lending arm of GMAC, was close to ...
2007-11-16 04:34:00 -
Fed member's talk renews housing fears
Chicago Tribune - ... market analyst at Bianco Research, said the liquidation at a loss of a General Electric cash management fund used by institutional investors disturbed investors, as did a New York Times report that a federal judge in Ohio blocked home mortgage ...
2007-11-16 03:29:00 -
Subprime loans common in area
Hampton Roads Daily Press - As mortgage lenders nationwide dropped standards in recent years to write mortgages for anyone who wanted to buy a home, Hampton Roads lenders followed the trend by issuing subprime loans at a rapid clip. Subprime loans, which are used by homebuyers ...
2007-11-16 03:58:00 -
House Passes Bill Revamping Mortgage Lending
Washington Post - A bill aimed at protecting borrowers from abusive home loans passed the House yesterday evening but faces a tougher future in the Senate because of opposition by the mortgage industry and criticism from the Bush administration. Sen. Christopher J ...
2007-11-15 10:07:00