Mortgage and Financial News From 2007-9-13 Page 3

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  • Hardy Kier shows value of a hybrid structure

    Times Online - But amid uncertainties in the interest-rate environment, and an expected tightening of mortgage loan criteria for borrowers, only hold. Jessops The ailing camera retailer Jessops did not enjoy good exposure yesterday. The shares slipped 1¼p to 11p ...
    2007-09-13 05:20:00

  • Editorial: National mortgage fiasco not hitting local home market (The Farmington Daily Times)

    Nationally, it's a mortgage mess. Locally, however, there doesn't seem to be much of a negative issue with the home-financing market. Just a few short years ago, banks in the U.S. started lending to subprime home buyers, people who often didn't have adequate cash flow to provide a down payment.
    2007-09-13 10:56:43

  • Credit crisis pushes Halifax to raise tracker mortgage rates (Independent)

    Britain's biggest mortgage lender yesterday blamed the continuing turmoil in the world's credit markets for a decision to hike the price of 20 of its new "tracker" mortgages.
    2007-09-13 05:46:45

  • FDR Solves The Mortgage Crisis (CBS News)

    Seventy-five years ago, President Franklin D. Roosevelt realized that only the U.S. government could forestall a wave of home foreclosures by directly helping "the little fellow," writes The New Republic .
    2007-09-13 08:00:03

  • Interest Rates Hit British Retailing (BusinessWeek)

    Figures out this month show families are avoiding big ticket retail items and experts point to higher mortgage rates for the cautious spending
    2007-09-13 01:35:05

  • 100% Home Financing

    Colleyville Courier - Great Rates. Less Paperwork. No Lender Fee. Approval in Minutes. Professional Mortgage Marketing Tools Choose from 12 different styles of HTML Newsletters - 48 Newsletters per group -- each with great content to keep in contact with your clients ...
    2007-09-13 03:04:00

  • Commercial Paper Market Stabilizes

    Forbes - Home Business Tech Markets Entrepreneurs Leadership Personal Finance ForbesLife Lists ... to assess whether there will be further contagion from the wobbly subprime mortgage ... These assets tend to feature lower interest rates than longer-term bonds and often ...
    2007-09-13 11:36:00

  • Credit crisis pushes Halifax to raise tracker mortgage rates

    The Independent - Credit crisis pushes Halifax to raise tracker mortgage rates By James Moore Published: 14 ... Capital Home Loans, which deals with more specialist markets, is expected to increase rates on Monday. Halifax's head of ...
    2007-09-13 05:34:00

  • Woolwich mortgage will protect against rates

    Daily Telegraph - The loan can be moved to a new property if the borrower moves home, and people can make overpayments up to 5 per cent a ... There has been a lot of speculation in the market about where mortgage rates are heading. "However, whereas some lenders are having ...
    2007-09-13 06:31:00

  • Low mortgage rates the silver lining in a bleak housing picture

    Marketwatch - CHICAGO (MarketWatch) -- Sure, the shakiness in the mortgage lending market has made it difficult for some borrowers to get a loan. But for others with great credit and a down payment, conditions are getting even more favorable to buy a home or ...
    2007-09-13 04:15:00

  • Home loan predator watch plan

    News.com.au - ... have fallen victim to "predatory" lending practices such as excessive and hidden fees and high interest rates. ... also found that females were more likely to be targeted for predatory behaviour - particularly from mortgage brokers. Wizard Home Loans ...
    2007-09-13 07:21:00

  • Racial gap in home loan rates? (The Charlotte Observer)

    A federal analysis of 2006 lending data shows mortgage companies continued to charge black and Hispanic homebuyers higher interest rates more often than white buyers. More than 53 percent of blacks received high interest rates on mortgage loans in 2006, and more than 46 percent of Hispanics, compared with less than 18 percent of whites. The analysis by the Federal Reserve, released Wednesday, ...
    2007-09-13 09:15:39

  • Low mortgage rates the silver lining in a bleak housing picture (Market Watch)

    CHICAGO (MarketWatch) -- Sure, the shakiness in the mortgage lending market has made it difficult for some borrowers to get a loan. But for others with great credit and a down payment, conditions are getting even more favorable to buy a home or refinance.
    2007-09-13 03:33:54

  • Getting the most out of retirement money

    CNN Money - The key is to manage your money so that you pay the lowest possible tax rates on your withdrawals. That's why experts suggest in the ... are age 62 or older, you can convert your home equity into tax-free retirement income by taking a reverse mortgage. ...
    2007-09-13 05:12:00

  • August Bay Area house sales

    San Jose Mercury News - ... he didn't initially grasp risks of 'subprime' mortgages Rates on 30-year mortgages drop to the lowest point in 4 months Report finds racial discrimination still affects mortgage terms Sep ... Continuing a 2 1/2-year trend, overall home sales in the nine ...
    2007-09-13 03:18:00

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