Mortgage and Financial News From 2007-9-4 Page 10

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  • Dollar higher against most major currencies ahead of ECB rate decision

    CNBC - HOME ... on hold in the light of the past month's market volatility, triggered by worries over the U.S. subprime mortgage crisis. Higher interest rates ...
    2007-09-04 01:05:00

  • Fed urges lenders to ward off mortgage defaults

    CNN Money - ... service companies to work with borrowers in danger of defaulting on their home ... Sheila Bair, chairman of the Federal Deposit Insurance Corp., said mortgage ... proactively with borrowers facing much higher payments as their interest rates ...
    2007-09-04 12:44:00

  • Australian Home Buyers Facing Ninth Interest Rate Hike In Five Years (Nasdaq)

    (RTTNews) - Australian home buyers are feeling an increasing pinch from interest rates, as home lending rates inch toward 10 percent after the ninth official interest rate hike in five years.
    2007-09-04 01:19:19

  • Refinance Your Adjustable Rates Today (Richfield Reaper)

    (ARA) - As the old saying goes "a man's home is his castle." The benefits of owning a home are many, including financial security. While a home mortgage is good for your financial stability, refinancing for a better mortgage than you originally qualified for can benefit your finances even more.
    2007-09-04 02:40:58

  • Mortgage crisis hits home (Overland-St. Ann Journal)

    A year ago, Cheryl Trueblood and her family were trapped in the mortgage crisis that is still gripping thousands of homeowners in North County and millions nationwide.
    2007-09-04 02:41:46

  • Asia ends mostly lower; Hong Kong, China retreat

    Marketwatch - ... recent weeks vis-à-vis other Asian markets, Kono said that valuations of Japanese stocks are currently around their lowest ... At just over 15 times their price-to-earnings ratio, valuations aren't cheap, but if we consider the level of interest rates ...
    2007-09-04 03:40:00

  • Stocks Gain Ground After ISM

    Wall Street Journal - ... announced a plan to offer more federal insurance to stem an expected wave of mortgage defaults. "The view appears to be that the Fed cannot afford not to cut rates ... Analysts are expecting the lowest levels of sales since a strike at General Motors ...
    2007-09-04 08:48:00

  • Euro zone rates likely to maintain status quo

    Gulf News - Euro zone interest rates appear even less likely to rise next week after data ... economic sentiment index dropped from 111.0 in July to 110.0 in August - the lowest ... faced by the country's banking sector as a result of the US subprime mortgage crisis.
    2007-09-03 06:36:00

  • Even low-risk borrower suffering

    Baltimore Sun - The Stritches got a Capital One card several years ago because it offered the lowest rate. "The ... says the rate increase has been in the works for months and is unrelated to problems affecting the mortgage market. She says the customers' rates ...
    2007-09-03 12:06:00

  • Brown Says U.K. Prepared to Weather Market Turbulence (Update1)

    Bloomberg - ... the first from Brown to address the increase in cost of credit around the world that was triggered by rising default rates ... accounts for about 6 percent of the market, half the level of the U.S., according to the London-based Council of Mortgage ...
    2007-09-02 05:54:00

  • Manufacturing in U.S. Probably Grew at Slower Pace in August

    Bloomberg - The figures, among the first to show how the mortgage crisis and soaring borrowing costs last month affected the economy, may signal that manufacturing is still contributing to growth as demand from overseas rises. That may ease concern among Federal ...
    2007-09-04 06:10:00

  • Investment properties fuel rise in defaults

    Buffalo News - Those four states also happen to among the states experiencing the most rapid increase in delinquency rates nationwide, as the mortgage ... Those investors were often taking out mortgages with the lowest payments possible, such as interest-only or ...
    2007-09-04 03:47:00

  • Swiss Life First-Half Profit Rises 20% on Premiums (Update3)

    Bloomberg - Swiss Life isn't affected by the U.S. mortgage market crisis and has ``exposure'' to subprime loans totaling 140 million francs, or 0.1 percent of its investments, the company also said. To contact the reporter of this story: Jacob Greber in ...
    2007-09-04 04:23:00

  • Sector Snap: Utilities

    Forbes - ... both when the Federal Reserve cuts interest rates and ... left uncertain in the wake of the subprime mortgage mess. Ford said investors should be selective, opting for utilities that are "located in the best regulatory jurisdictions, have the lowest ...
    2007-09-04 10:06:00

  • Foreclosures high in county

    Tacoma News Tribune - If you had to guess where the highest and lowest foreclosures in the South Sound occurred in July ... lower prices on homes there drew buyers in the last couple years who can’t afford increased mortgage payments now that adjustable interest rates ...
    2007-09-04 12:15:00

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