Mortgage and Financial News From 2008-1-25 Page 21

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  • The Week - Scotsman

    The WeekScotsman, United Kingdom - 26 minutes agoMarkets around the world were left with similar losses, following more worries over the US sub-prime mortgage market. Meanwhile, Fiona Hyslop, the education ...
    2008-01-25 04:03:46

  • Saint or sinner, how does your bank rate? - Times Online

    Saint or sinner, how does your bank rate?Times Online, UK - 25 minutes agoHalifax squeezed savings rates by 0.05 percentage points more than mortgage rates. At Bradford & Bingley and Egg, the difference was a tenth of a point, ...
    2008-01-25 04:05:04

  • So you want to pile on pounds? - Times Online

    So you want to pile on pounds?Times Online, UK - 25 minutes agoHow much you can save on mortgage repayments depends on the type of deal you are on. Borrowers who have made overpayments on flexible mortgages are best ...
    2008-01-25 04:05:04

  • Lower Rates Lead To More Home Refinancing - KELOLAND TV

    Lower Rates Lead To More Home RefinancingKELOLAND TV, SD - 21 minutes agoIf you were lucky enough to lock into a mortgage interest rate on Tuesday this week, you got a good deal. Rates on a fixed 30 year loan dropped as low as ...
    2008-01-25 04:09:39

  • Hartford Financial Services Q4 2007 Earnings Call Transcript - Seeking Alpha

    Hartford Financial Services Q4 2007 Earnings Call TranscriptSeeking Alpha, NY - 18 minutes agoState mandate reductions in workers’ compensation rates are also dampening premium growth. Even so, our outlook for ’08 is for solid mid-90s, accident year ...
    2008-01-25 04:12:06

  • Rate cuts will carry few over the threshold - Scotsman

    Rate cuts will carry few over the thresholdScotsman, United Kingdom - 17 minutes agoA "tracker" mortgage is one whose interest rate changes in line with any changes to the Bank of England base rate. The mortgage rate is often set a little ...
    2008-01-25 04:13:27

  • Property market: Word on the street - Telegraph.co.uk

    Property market: Word on the streetTelegraph.co.uk, United Kingdom - 4 minutes agoA housing slump only takes place when enough people cannot keep up their mortgage payments, and this needs economic catalysts. One of those is affordability ...
    2008-01-25 04:26:04

  • Home sales plunge 13 percent in 2007 (Contra Costa Times)

    WASHINGTON -- Sales of existing single-family homes plunged in 2007 by the largest amount in 25 years, closing out an awful year that saw median prices fall for the first time in at least four decades.
    2008-01-25 10:43:10

  • Wall Street pulls off stunning comeback from yet another sharp decline (Eagle-Tribune Online)

    NEW YORK (AP) -- Wall Street pulled off a stunning comeback Wednesday, surging higher in late trading and wiping out what looked to be yet another massive decline. The Dow Jones industrials, down more than 323 points in earlier trading, ended the day with an advance of just under 300 points.
    2008-01-25 11:12:50

  • Interest rates on 30-year mortgages drop to lowest levels in four years (Argus Observer)

    WASHINGTON (AP) — Rates on 30-year mortgages dropped for a fourth straight week to the lowest level in nearly four years, raising hopes that low rates will help spur a rebound in the hard-hit housing industry.
    2008-01-25 11:38:07

  • Economic teeter-totter? (Argus Observer)

    ONTARIO  - The stock market is in the middle of a series of major fluctuations and the method people should use to handle their money depends a great deal on whether the cash is invested for the “short-term” or the “long-term,” Grant Baugh, who sells insurance and mutual funds in Ontario, said Tuesday.
    2008-01-25 11:40:11

  • Real Estate Weekly -- Jan. 25 (Market Watch)

    Nineteen metropolitan areas are likely to notice a direct impact from an increase in conforming loan limits included in the proposed economic stimulus plan, according to a Washington-based policy research firm.
    2008-01-25 11:46:48

  • You Call This a Recession? (BusinessWeek)

    The surprise Federal Reserve rate cut and the apparent agreement on a stimulus package helped brighten the outlook for the economy and financial markets, but it may be too late to avert a recession
    2008-01-25 02:43:06

  • Mortgage rates ease (CBC)

    Borrowing costs declined on Friday as major Canadian banks cut their mortgage rates on several longer-term loans.
    2008-01-25 03:05:11

  • North Texas foreclosures jumped 10% (KERA North Texas)

    North Texas home foreclosures have jumped 10 percent over the past year, and keeps climbing. With recent mortgage problems tied to bad sub-prime loans, the Federal Reserve this week announced a 3-quarter point interest-rate drop. So the best local mortgage rates are down to their lowest point in nearly 4 years.
    2008-01-25 03:20:27

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