Mortgage and Financial News From 2008-1-27 Page 17

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  • A Week's Worth: Quick takes on the world of work and money - Christian Science Monitor

    A Week's Worth: Quick takes on the world of work and moneyChristian Science Monitor, MA - 7 hours agoEconomists credited the cut for pushing 30-year mortgage rates to their lowest level in nearly four years. •Approaching the checkout counter at your local ...
    2008-01-27 09:21:23

  • Global Recession Risk Grows as US `Collateral Damage' Spreads - Bloomberg

    Global Recession Risk Grows as US `Collateral Damage' SpreadsBloomberg - 1 hour agoThe meltdown of the US subprime-mortgage market has pushed up credit costs worldwide and forced European and Asian banks to write down billions of dollars ...
    2008-01-27 03:57:21

  • UK Housing Market Won't Pick Up This Year, Investor Club Says - Bloomberg

    UK Housing Market Won't Pick Up This Year, Investor Club SaysBloomberg - 37 minutes agoMortgage approvals dropped to the lowest in at least a decade in December as banks curbed their lending and higher interest rates deterred buyers. ...
    2008-01-27 04:22:41

  • Time for a meaningful cut in lending rates? - Economic Times

    Time for a meaningful cut in lending rates?Economic Times, India - 35 minutes agoIndeed, the RBI had started discouraging mortgage loans by tightening credit norms well before the subprime crisis started in the US. ...
    2008-01-27 04:24:18

  • Recession or not, the suffering is real - San Mateo County Times

    Recession or not, the suffering is realSan Mateo County Times, CA - 25 minutes agoHis grocery bill is higher nowadays, and he can barely afford his mortgage payments. "Everything has gotten tremendously more expensive," said Rizzo, 45, ...
    2008-01-27 04:34:50

  • Rates on 30-year mortgages drop for fourth straight week to lowest level in nearly 4 years (Eagle-Tribune Online)

    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.
    2008-01-27 07:30:05

  • A Week's Worth: Quick takes on the world of work and money (The Christian Science Monitor)

    Saving big with coupons, how PDAs complicate life for IT departments, fewer people look for love at work.
    2008-01-27 09:51:32

  • Fed expected to cut rates again this week (International Herald Tribune)

    The U.S. Federal Reserve Board is expected to follow its emergency interest rate cut last week with another reduction Wednesday.
    2008-01-27 04:32:32

  • U.K. Housing Market Won't Pick Up This Year, Investor Club Says (Bloomberg.com)

    Jan. 28 (Bloomberg) -- U.K. home prices probably won't pick up until mid-2009, according to Instant Access Group, the country's biggest property investment club.
    2008-01-27 04:35:16

  • Global Recession Risk Grows as U.S. `Collateral Damage' Spreads (Bloomberg.com)

    Jan. 28 (Bloomberg) -- The U.S. economy may already be in recession; other countries might not be far behind. Japan, Britain, Spain and Singapore, which together represent about 12 percent of the world economy, are vulnerable as fallout from the U.S. worsens their economic weakness.
    2008-01-27 04:51:19

  • Stimulus plan soothes, but it's not a cure-all

    Salt Lake Tribune - ... in tax breaks such as accelerated depreciation for equipment, the stimulus package hurts about 30 states that calculate their ... The stimulus package does take aim at the problems in the mortgage markets. A provision to let the Federal Housing ...
    2008-01-25 03:57:00

  • Tyler Rated Well In Annual Prognosis By Texas Economist

    Tyler Morning Telegraph - Yes, too many unrealistic loans were made, leading to a rash of defaults, but only 5 percent of the mortgage market was ... If you calculate, we have some 140 million U.S. workers, and about 7 million that are unemployed," he said. "And let's ...
    2008-01-26 12:11:00

  • Stimulus rebates may come by mid-May

    Charlotte.com - ... rebates _ a flat-screen television, maybe, or a trip to Disneyland _ to help revive an economy sagging from bad mortgage ... The IRS will have to reprogram its computers to calculate who gets the rebate and how much they will receive. "They sort of ...
    2008-01-26 09:25:00

  • How To Lower Home Mortgage Interest Rates

    Best Syndication - Best Syndication)There are two basic major types of home mortgage that are available out there. One is called a fixed rate ... Ask your lenders about the different schemes and calculate how much you are bound to pay for each type of arrangement, weight ...
    2008-01-27 02:21:00

  • Stimulus rebates may come by mid-May - San Jose Mercury News

    Stimulus rebates may come by mid-MaySan Jose Mercury News,  USA - 18 hours agoThe IRS will have to reprogram its computers to calculate who gets the rebate and how much they will receive. "They sort of learned how to do this last time ...
    2008-01-26 09:44:05

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