Mortgage and Financial News From 2008-1-27 Page 9

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  • International Forecaster January 2008 (#7) - Gold, Silver, Economy ... - Gold Seek

    International Forecaster January 2008 (#7) - Gold, Silver, Economy ...Gold Seek - 1 hour agoNow here are your fundamentals: the credit markets are frozen, the real estate markets are virtually dead with record levels of inventory, much of it vacant ...
    2008-01-27 07:51:08

  • Reverse Mortgage Information - Clearing Up Some Misconceptions - American Chronicle

    Reverse Mortgage Information - Clearing Up Some MisconceptionsAmerican Chronicle, CA - 50 minutes agoBad credit history hardly ever stops anyone from being eligible: it is extremely rare for anyone to be denied a reverse mortgage because of a bad credit ...
    2008-01-27 08:09:48

  • Skeptical of need for Chinese goods, manager focuses on US consumers - Milwaukee Journal Sentinel (subscription)

    Skeptical of need for Chinese goods, manager focuses on US consumersMilwaukee Journal Sentinel (subscription), WI - 33 minutes agoThe Federal Reserve's interest rate cut last week - and any more that might come - ought to help lower mortgage rates and commercial credit costs, he said. ...
    2008-01-27 08:26:29

  • COLUMN: Fed and Congress should be wary of inflation - InsideVandy

    COLUMN: Fed and Congress should be wary of inflationInsideVandy, TN - 8 minutes agoCDOs are packages of many different mortgage-backed bonds with a shared rating. The CDOs then get split up into new securities, and each piece gets rated ...
    2008-01-27 08:52:16

  • Mayor Mounce: Redevelopment meeting 'waste of time, money' (Lodi News-Sentinel)

    Calling this week's redevelopment workshop "a waste of time and money," Lodi Mayor JoAnne Mounce sounded off Friday about the city's inability to bring more average Janes and Joes together to talk about their future.
    2008-01-27 07:19:54

  • Foreclosure mess emptying Oceanside neighborhoods, hurting those who've stayed (North County Times)

    OCEANSIDE -- Frank Jones packed his Mustang GT to the brim. His wife, Courtney, swept the two-bedroom condominium as the couple and their three kids left home -- forced out by a foreclosure crisis that has overwhelmed their neighborhood more than any other in the county.
    2008-01-27 07:24:04

  • International Forecaster January 2008 (#7) - Gold, Silver, Economy + More (GoldSeek.com)

    The following are some snippets from the most recent issue of the International Forecaster. For the full 23 page issue, please see subscription information below.
    2008-01-27 07:42:22

  • Sticking close to home (Milwaukee Journal Sentinel)

    Amid volatility and flailing stock prices, investors have been pouring money into emerging markets such as China....
    2008-01-27 07:57:18

  • Montoya, Franchitti Lead Team To Win At Rolex 24 Hours Of Daytona (WFTV 9 Orlando)

    Sprint Cup drivers Juan Pablo Montoya and Dario Franchitti along with Scott Pruett and Mexican Memo Rojas carried the No.01 TELMEX Chip Ganassi Lexus Riley to the 2008 Rolex 24 Hours of Daytona winners circle.
    2008-01-27 08:56:26

  • The role of the American consumer

    Rutland Herald - ... the very global interconnectedness that many thought might spare the United States now appears to be working in reverse ... years of the real estate boom, Americans pulled more than $800 billion a year out of their homes through refinanced mortgages ...
    2008-01-26 11:55:00

  • Marc Wehrs: Sheriff’s sales and visitors’ ire on the rise

    La Crosse Tribune - It was just a matter of time for the suckers who bit on the low adjustable rate mortgages to tank when things get tough. They ... dean wrote: “Ron and the Dems will reverse all the damage the Republicans have done to this country in the last seven ...
    2008-01-27 06:00:00

  • Clinton's fix would cause damage

    Sauk Valley Daily Gazette - ... damage the economy at least as badly as Richard Nixon's wage and price controls, or efforts by the government to reverse the ... She also would "have an interest rate freeze for five years, because these adjustable-rate mortgages, if they keep going up ...
    2008-01-27 07:33:00

  • A Roth IRA for teen who works is a good idea

    Orlando Sentinel - Manufactured homes do qualify for reverse mortgages; however it appears that in your situation, you would not. HUD guidelines for manufactured homes require that you also own the land, thus rented or leased lots would not qualify. Randy Harrison More ...
    2008-01-27 01:00:00

  • Fed's tonic for economic ills _ interest rate cuts _ does not come without risks (Minneapolis-St. Paul Star Tribune)

    Lowering interest rates _ the Federal Reserve's tool for bracing the wobbly economy _ is not without risk. Fed Chairman Ben Bernanke and his colleagues are expected to cut rates by as much as one-half of a percentage point at their regularly scheduled meeting this week.
    2008-01-27 06:40:45

  • Risks in Fed's deeper interest rate cuts (The San Luis Obispo Tribune)

    Lowering interest rates - the Federal Reserve's tool for bracing the wobbly economy - is not without risk. Fed Chairman Ben Bernanke and his colleagues are expected to cut rates by as much as one-half of a percentage point at their regularly scheduled meeting this week. It would follow up a rare three-quarter-point reduction, ordered last week at an emergency session Bernanke convened after ...
    2008-01-27 06:54:45

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