Mortgage and Financial News From 2007-12-3 Page 21
Previous Day: 2007-12-02
Return to the mortgage news archive home.
Page: 1 - 20 21 22 23 24 25 26 27 28 29 30
31 32
-
Risks of trading up to larger home
Boston Online - Jumbo financing may become easier to obtain when investors regain confidence in the home mortgage business. Until then, trading up is fraught with difficulties in the current market. HOUSE HUNTING TIP: For years, trade-up buyers have preferred to buy ...
2007-12-03 05:54:00 -
Giuliani assails Huckabee's tax plan, says it would hurt home buyers
International Herald Tribune - This would not be a good time — I don't know if there would ever be a good time to do this — to advocate ending the home mortgage deduction. The home mortgage deduction is considered by many critical to the ability of people to buy a home and ...
2007-12-03 10:19:00 -
Paulson's plan to help mortgage borrowers (CNNMoney.com via Yahoo! Finance)
The U.S. government is working hard to give relief to struggling mortgage holders, Treasury Secretary Henry Paulson said Monday.
2007-12-03 10:16:00 -
Mortgage industry near to subprime aid plan: Paulson (Reuters via Yahoo! News)
The U.S. Treasury Department is close to brokering a comprehensive mortgage aid plan that will shepherd many troubled borrowers into safe and sustainable loans, Treasury Secretary Henry Paulson said on Monday.
2007-12-03 07:35:45 -
Deal near on mortgage defaults (The Bellingham Herald)
A home is advertised for sale at a foreclosure auction in Pasadena, Calif. in this Aug. 14, 2007 file photo. Some 2 million homeowners hold $600 billion of subprime adjustable-rate mortgage loans, known as ARMs, that are due to reset at higher amounts during the next eight months.
2007-12-03 07:50:35 -
Seniors are prime targets of subprime home loans (Yakima Herald-Republic)
Frances Taylor was 93 when she took out a high-cost, high-interest mortgage against her home of more than four decades. Within months, her lender foreclosed, making her one of an estimated 2.2 million subprime borrowers expected to lose their homes by the end of next year.
2007-12-03 10:08:30 -
Citi economist sees another 100 bps in Fed rate cuts
Reuters - SINGAPORE (Reuters) - The Federal Reserve will cut interest rates by 100 basis points before June to help the housing market ... Citi does not expect the United States to fall into recession as energy prices are unlikely to rise from current ...
2007-12-03 09:21:00 -
Interstate Hotels & Resorts Completes Acquisition of Sheraton Columbia ...
Forbes - ... or health concerns, governmental actions, legislative and regulatory changes, availability of debt and equity capital, interest rates, competition, weather conditions or natural disasters, supply and demand for lodging facilities in our current and ...
2007-12-03 05:40:00 -
Manuel says balanced growth needed
Mail & Guardian Online - ... mutually supportive monetary and fiscal policies," Manuel said. "By not spending the full value of buoyant tax revenues, the government helps to limit current-account and inflationary pressures, and take some pressure off domestic interest rates ...
2007-12-03 07:56:00 -
Leisure groups hit by downturn fears
Financial Times - Clapham House had been expecting the two to contribute £500,000 to current year operating profits. The interest charge for the year would be £200,000 more than expected because of higher rates. Net debt at the end of September was £13.3m, higher ...
2007-12-03 04:49:00 -
Czech Koruna Trades Near Record Versus Euro on Economic Outlook
Bloomberg - The tempo of productivity growth will probably be higher than in the majority of current euro-area members for quite a long time to come,'' Slawinski wrote in an article for Rzeczpospolita. Inflation won't ``threaten'' the country if interest rates ...
2007-12-03 07:56:00 -
AP Top News at 12:45 p.m. EST
Newsday - ... is confident there will soon be an agreement to help thousands of homeowners avoid mortgage defaults by temporarily freezing their interest rates. Paulson told a national housing conference that this effort involved a "pragmatic response" to current ...
2007-12-03 09:43:00 -
Euro Zone Factory Output Creeps Higher
CNBC - Despite the slowdown in growth, the ECB is very unlikely to gallop to the rescue by cutting interest rates from their current 4.0 percent as oil prices near $100 a barrel and inflation remains a threat. Data released on Friday showed euro zone ...
2007-12-03 01:43:00 -
Investors take a break, eye interest rates
Washington Post - Investors take a break, eye interest rates ... The Federal Reserve, meanwhile, is widely seen cutting rates on December 11 by at least 25 basis points from the current 4.5 percent to prop up an ...
2007-12-03 05:47:00 -
GLOBAL MARKETS-Investors take a break, eye interest rates
Reuters - GLOBAL MARKETS-Investors take a break, eye interest rates ... The Federal Reserve, meanwhile, is widely seen cutting rates on Dec. 11 by at least 25 basis points from the current 4.5 percent to prop up an ...
2007-12-03 06:58:00