Mortgage and Financial News From 2007-9-27 Page 22

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  • How to think about bonds now

    Reuters - WASHINGTON (Reuters) - Usually, when the Federal Reserve lowers interest rates, it's a good time to ... If you've got a big home equity line, some credit card debt, a mortgage and a car loan, you might want to bulk up your bond investments just to ...
    2007-09-27 04:53:00
  • House prices continue to climb despite Northern Rock credit crisis

    Daily Mail - House prices are rising at the fastest pace in three months as the market shrugs off the global credit crunch and higher interest rates. Mortgage lender Nationwide said the cost of a home rose by 0.7 per cent between August and September to an ...
    2007-09-27 01:25:00
  • How to take advantage of the cut in home loan rates

    Rediff.com - I ndia's biggest mortgage player HDFC [ Get Quote ] recently announced a cut in floating home loan rates by 0.5 per cent. The catch, however, is that only new borrowers will get the benefit of this scheme which will be reviewed again on October 31 ...
    2007-09-26 10:19:00
  • Mortgage approvals drop

    MSN UK News - In August, 61,051 home loans were approved - 9 per cent fewer than in July and 14 ... The British Bankers' Association mortgage approvals data for August were clearly ... affordability pressure on house buyers coming from higher interest rates, elevated ...
    2007-09-27 05:07:00
  • Second-home sales could see higher taxes

    Boston Globe - ... from industry trade groups such as the National Association of Realtors, the National Association of Home Builders, and the Mortgage ... Amounts more than $500,000 are taxable at rates as high as 15 percent. The exclusion amount is $250,000 for ...
    2007-09-27 02:44:00
  • Bankrate: Mortgage Rates Move Higher Following Fed Cut

    Forbes - NEW YORK, Sept. 27 /PRNewswire-FirstCall/ -- Fixed mortgage rates increased for the second consecutive week, with the average ... including mortgages, credit cards, new and used auto loans, money market accounts and CDs, checking and ATM fees, home ...
    2007-09-27 04:39:00
  • Bankrate: Mortgage Rates Move Higher Following Fed Cut (PR Newswire via Yahoo! Finance)

    Fixed mortgage rates increased for the second consecutive week, with the average conforming 30-year fixed mortgage rate rising to 6.49 percent. According to Bankrate.com's weekly national survey of large lenders, the average 30-year fixed mortgage has an average of 0.37 discount and origination points.
    2007-09-27 04:30:00
  • Iowa’s jobless rate stays flat; Q-C sees softening

    Quad-Cities Times - DES MOINES — The number of employed Iowans fell to its lowest level of the year ... In the Quad-City region, comparative jobless rates were: - Scott County, 3.7 ... is strong, though there are concerns about a slowdown in the housing and mortgage ...
    2007-09-26 11:02:00
  • The Bernanke Era Has Begun

    MSNBC - ... new building permits are at their lowest point since 1995. Fear of recession is in the air. In August, payroll employment dropped. ... But the "subprime" mortgage crisis has ...
    2007-09-26 10:12:00
  • Unwavering demand supports rising Canadian house prices in third ...

    CNW Group - ... during the third quarter as high consumer confidence, strong employment rates and ... of borrowing money remaining relatively low, the availability of longer mortgage ... While Quebec reports the lowest rate of home ownership in the country, the number ...
    2007-09-27 02:51:00
  • House prices shrug off the credit crunch

    This is Money - ... last month - annual growth in house prices continued its downward trend, falling to 9% from 9.6% in August, its lowest ... variable mortgage rate rose to a nine-year high of 7.69% last month while lenders also raised their tracker mortgage rates ...
    2007-09-27 04:39:00
  • Traders: Housing Market to Fall

    The Ledger - Especially hard hit: homebuilders and mortgage lending companies. On Tuesday ... Association of Realtors reported existing home sales fell in August to the lowest ... She rates the odds of recession in the next year at one in three. "We are in ...
    2007-09-27 03:48:00
  • Building Society Figures Buck Trend

    Sky.com - ... gain, annual house price growth continued to fall, sliding to 9%, its lowest level ... are now clearly leading to a reassessment of the pricing of credit in the mortgage ... in the financial markets is that most commentators no longer expect interest rates ...
    2007-09-27 02:37:00
  • European Stocks Gain; Royal DSM, Nordea, Havas, Compass Advance

    Bloomberg - ... reports today will give the Federal Reserve more room to cut interest rates ... Sales of new homes in the U.S. dropped to the lowest level in more than seven years ... reported that JC Flowers & Co LLC has been given access to the U.K. mortgage lender's ...
    2007-09-27 12:14:00
  • Metals - Lead surges to new record high above 3,500 usd UPDATE

    Forbes - ... rose by 1,150 tonnes to total 22,000 tonnes today, they remain at their lowest ... the metals markets actually held up well during the height of the sub-prime mortgage ... decline in US durable goods data raised speculation the Fed will have to cut rates ...
    2007-09-27 03:34:00