Mortgage and Financial News From 2007-8-25 Page 2
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Stocks Rise amid Fed Hopes
MSNBC - ... offsetting negative contributions of housing permits, manufacturers' new orders for nondefense capital goods, and interest ... Im hoping they wont cut rates. I still see inflation through the first seven months of this year about where it was last ...
2007-08-21 12:55:00 -
British economy picks up in second quarter
Gulf Daily News - Sterling surged as the figures rekindled expectations that British interest rates will rise again before the year is out. While jittery investors may be reassured that Britain's economic fundamentals remain sound, policymakers are likely to be worried ...
2007-08-25 10:45:00 -
Britain's economy continues to forge ahead
Times Online - Vicky Redwood, of Capital Economics, said: “The path of interest rates at the moment depends on the financial markets. But assuming that the markets continue to calm down, the strength of demand suggests that the case for a further interest rate ...
2007-08-24 10:34:00 -
Business Minute: Good week for stocks...Tiger at the exchange ...
WDAM-TV - Investors will be monitoring whether the central bank might be prepared to reduce interest rates at its policy-setting meeting in September. Copyright 2007 The Associated Press. All rights reserved. This material may not be published, broadcast ...
2007-08-25 04:00:00 -
China may slow tempo of rate hikes
CNN Money - ... to rely on interest rate increases to curb overly fast investment and economic growth," he said. "Looking into the future, we think there's still a possibility of small rises in interest rates," Ha said. "But China is unlikely to raise interest rates ...
2007-08-22 12:54:00 -
National CD rates (The Cincinnati Enquirer)
Here are some of the highest nationwide yields on five types of accounts, according to the 100 Highest Yields consumer-investor newsletter.
2007-08-25 09:35:34 -
Aug 23, 4:15 PM EDT
US News and World Report - Make Missoulian.com your home page Get Firefox! ... anxiety about widening credit problems offset investor optimism about a $2 billion capital infusion into troubled mortgage lender ...
2007-08-23 08:20:00 -
Inside the Countrywide Lending Spree
New York Times - ON its way to becoming the nation’s largest mortgage lender, the Countrywide Financial Corporation ... But few companies benefited more from the mortgage mania than Countrywide, among the most aggressive home lenders in the nation.
2007-08-25 05:33:00 -
Mortgage ads still misleading home buyers
Santa Rosa Press Democrat - For example, Quicken Loans, no longer affiliated with the makers of Quicken software but the nation's 25th-biggest lender, continues to run its signature spot on radio stations. "This is a rate alert," the advertisement starts off, sounding much like ...
2007-08-25 07:06:00 -
Home lender folds; local buyers hurt
Concord Monitor - he mortgage market crisis has hit home in New Hampshire as lender First Magnus filed for bankruptcy this week, leaving as many as 420 people scrambling for new loans. New Hampshire's Banking Department estimates that as many as 400 people were on the ...
2007-08-23 12:53:00 -
Lehman Bros. shutting a home-lending unit
Worldnews.com - Home lender files for bankruptcy The News & Observer NEW YORK - American Home Mortgage Investment filed for bankruptcy protection on Monday, and two other mortgage lenders said they were not accepting new applications, signs that the worst housing crunch ...
2007-08-25 12:22:00 -
Mortgage mess hurts Main Street, beyond (The Charlotte Observer)
The walls are bare, the closets are empty, and Connie and Timothy Pent and their two teenage children are living out of boxes as they wait for a dreaded knock at the door of their three-bedroom house in Ocala, Fla. They've fallen behind in payments on a their home loan, and their lender told them in July that foreclosure was imminent. "We thought we were fine," said Connie regretfully. "You never ...
2007-08-25 04:24:27 -
The Real Deal
CFO.com - That includes staying current on the intricacies of mortgage banking, insurance, and property management. At shopping centers ... Valuing that property or portfolio is also complicated "since the information you need [to calculate it] isn't readily ...
2007-08-24 08:40:00 -
Rebalancing amid turmoil keeps investments on track
Cincinnati Enquirer - The subprime-mortgage mess, and the accompanying stock- and bond-market turmoil, may have been a surprise. Yet the pattern ... Instead, you just calculate how your funds compare with your targets and then do a little trading to get back on track, thus ...
2007-08-25 09:19:00 -
The Home Buying Process: Step by Step (Richfield Reaper)
(ARA) - Buying a home can be a very intimidating process, especially if you've never done it before. So the first thing you should do before you start is to figure out whether owning a home is right for you.
2007-08-25 07:50:21
