Mortgage and Financial News From 2008-2-5 Page 22
Previous Day: 2008-02-04
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Some Real Estate Markets Appreciate - American Chronicle
Some Real Estate Markets AppreciateAmerican Chronicle, CA - 2 hours ago... the foreclosure crisis, predicting more than 3-million homes would be foreclosed through 2009 and the Fed“s path to cutting mortgage interest rates. ...
2008-02-05 03:03:10 -
Equity Residential Reports 2007 Results - WELT ONLINE
Equity Residential Reports 2007 ResultsWELT ONLINE, Germany - 2 hours ago"Across our core markets we see very little new supply being delivered, declining home ownership rates, continued significant premiums to own a home versus ...
2008-02-05 03:10:17 -
Commonwealth first to hike loan rates - Scopical
Commonwealth first to hike loan ratesScopical, Australia - 2 hours agoThe Commonwealth Bank today announced that it would increase its official home and business loan rates following yesterday's decision by the Reserve Bank to ...
2008-02-05 03:31:17 -
Readers' Comments Banks set to inflict rates pain - Melbourne Herald Sun
Readers' Comments Banks set to inflict rates painMelbourne Herald Sun, Australia - 2 hours agoHOME buyers have been warned of more mortgage pain to come after being hit with an 11th straight interest rate rise yesterday. "The tough job of balancing ...
2008-02-05 03:56:45 -
Core and Periphery: The Logic of What Happens Next - BusinessWeek
Core and Periphery: The Logic of What Happens NextBusinessWeek - 1 hour agoThe core includes those markets which are at the heart of the crisis: The mortgage markets, and secondarily, consumer credit in general. ...
2008-02-05 04:21:52 -
CBA leads way on rates rise - ABC Online
CBA leads way on rates riseABC Online, Australia - 1 hour agoIt has lifted its standard home loan rate by 0.3 of a percentage point, which is more than the central bank's adjustment to the cash rate. ...
2008-02-05 04:22:19 -
Rate rise passed on - Sky News Australia
Rate rise passed onSky News Australia, Australia - 1 hour agoThe interest rate rise is the 11th consecutive interest rate increase since 2002. The rate hike will set the average standard variable mortgage rate at ...
2008-02-05 04:27:49 -
Seven Financial 'rules Of Thumb' That Deep Down Make Little Sense - FOXBusiness
Seven Financial 'rules Of Thumb' That Deep Down Make Little SenseFOXBusiness - 1 hour agoRefinance your home when interest rates drop by 2 percentage points This rule came from the era where the points -- the fee paid to lenders for making the ...
2008-02-05 04:35:00 -
Mecklenburg boom hits last frontier - Charlotte Observer
Mecklenburg boom hits last frontierCharlotte Observer, NC - 1 hour agoThe local job market is still showing positive growth, mortgage rates are low and home prices are competitive, he said. Stringfellow said that's why Triven ...
2008-02-05 04:51:29 -
Commonwealth Bank lifts home loan rate by 30 bps - Reuters
Commonwealth Bank lifts home loan rate by 30 bpsReuters - 46 minutes agoAX: Quote, Profile, Research), the nation's biggest mortgage lender, said on Wednesday it would raise home loan rates by 30 basis points, exceeding the 25 ...
2008-02-05 05:13:53 -
Global Investing Roundups - Money Morning
Global Investing RoundupsMoney Morning - 35 minutes agoWhirlpool Beats Analyst Expectations; Flotek to Acquire Teledrift; GMAC Posts $724 Million Loss; Australia Raises Rates to 12-Year High; BP To Cut Jobs ...
2008-02-05 05:24:52 -
Home Equity Defaults Signal More Trouble for Homeowners, Lenders - Money Morning
Home Equity Defaults Signal More Trouble for Homeowners, LendersMoney Morning - 19 minutes agoIn the past, the biggest consideration for lenders was the amount of equity in the home, but with mortgage default rates soaring, lenders are requiring ...
2008-02-05 05:40:53 -
CBA hikes variable mortgage rate by 30bps (The West Australian)
Commonwealth Bank has lifted the interest rate on its variable home loans by 30 basis points. The move is five basis points higher than the 25 basis point lift in the official cash rate announced yesterday by the Reserve Bank of Australia.
2008-02-05 04:17:07 -
Franklin Credit Management Announces Further Delay in Reporting Third Quarter Operating Results (PR Newswire via Yahoo! Finance)
Franklin Credit Management Corporation today announced a continued delay in the filing of its Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2007 in order to permit the Company to completely reassess its allowance for loan losses.
2008-02-05 04:35:00 -
Commonwealth Bank lifts home loan rate by 30 bps (Reuters via Yahoo! Malaysia News)
SYDNEY, Feb 6 - Commonwealth Bank of Australia Ltd , the nation's biggest mortgage lender, said on Wednesday it would raise home loan rates by 30 basis points, exceeding the 25 basis point rise in official cash rates announced the previous day.
2008-02-05 05:07:36
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