Mortgage and Financial News From 2007-9-4 Page 19

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  • Fed issues mortgage guidance to loan companies

    KARE - ... up to 2 million homeowners worry about losing their homes because they can no longer meet the mortgage payments. An estimated 2 million adjustable rate mortgages are scheduled to reset by the end of 2008, going from low introductory interest rates to ...
    2007-09-04 08:48:00
  • Ford first to report auto sales decline in August

    Marketwatch - Lofty gas prices, rising mortgage rates, slumping home sales and weakness in the stock market has contributed to what's looking to be the worst stretch for the automotive industry in almost a decade. See full preview.
    2007-09-04 09:52:00
  • Why the BOJ is convinced Japan rates must rise

    Reuters - ... major central banks has become cautious in the face of global market gyrations resulting from the U.S. subprime mortgage crisis, the Bank of Japan's Toshihiko Fukui has maintained that policy must tighten. Market uncertainty was enough to keep rates ...
    2007-09-04 04:23:00
  • UPDATE 1-Poor demand sidelines Freddie Mac mortgage issue

    Reuters - ... providers of financing for U.S. home mortgages, on Tuesday said it broke from its plan to sell one if its standard mortgage ... which for investors removes some of the risk that the length of their investment will be extended when interest rates ...
    2007-09-04 08:41:00
  • How green is your mortgage?

    National Post - Gordon Shields, co-ordinator of the Net-Zero Energy Home Coalition, said a green mortgage usually refers to preferential interest rates for a mortgage on a home that's measurably more energy efficient than one built to the provincial or national ...
    2007-09-04 09:59:00
  • US mortgage crisis not a risk in Spain-PM

    Reuters - The subprime crisis coincides with the end of a nine-year residential construction and property boom in Spain and a rise in mortgage rates to a seven-year high. Spanish growth, still well above average euro zone growth, came off a six-year high ...
    2007-09-02 07:03:00
  • Mortgage Job Losses Surpass 40,000

    US News and World Report - For five years, the nation's housing market was booming and mortgage companies grew quickly, at times offering lucrative jobs to people with little experience. But as home values declined and interest rates rose in the past year, rising delinquencies ...
    2007-09-04 08:55:00
  • Credit woes hit bank lending rate

    BBC News - Sub-prime mortgages are offered to people with poor credit histories, but default rates on these loans have been rising in the US as a result of rising mortgage rates. It has gradually emerged that many European banks have bought portfolios of debt ...
    2007-09-04 08:26:00
  • US manufacturing remains strong

    BBC Business - ... over how firms such as banks may be exposed to the US sub-prime mortgage market. Sub-prime mortgages are offered to people with poor credit histories, but default rates on these loans have been rising in the US as a result of rising mortgage rates.
    2007-09-04 08:55:00
  • Mortgage rates follow home prices down

    Kansas City Star - The benchmark mortgage rate has fallen in five of the last six weeks, and home prices are falling as well. The benchmark 30-year fixed-rate mortgage fell 15 basis points to 6.43 percent, according to the Bankrate.com national survey of large lenders ...
    2007-09-01 10:39:00
  • Mortgage fears on market turmoil

    BBC News - Most affected are home loans to people with a poor credit history, where rates have risen by up to 2.5%. But even borrowers with a good credit history could find variable rate mortgages rising. Only rates fixed over two years or more are falling, as ...
    2007-08-31 05:56:00
  • MFA Mortgage Investments, Inc. Announces Public Offering of Common ...

    CNBC - These forward-looking statements are subject to various risks and uncertainties, including, but not limited to, those relating to: changes in interest rates and the market value of MFA's MBS; changes in the prepayment rates on the mortgage loans ...
    2007-09-04 05:42:00
  • Federal Reserve, Bank Regulators Issue Guidance on Avoiding Mortgage ...

    FOX News - It is vital that mortgage servicers work proactively with borrowers facing much higher payments as their interest rates reset." The banking regulators' guidance issued by the Fed and the other agencies followed President Bush's announcement Friday ...
    2007-09-04 09:59:00
  • Mortgage fears on market turmoil (BBC News)

    Some UK mortgage rates are rising as a direct consequence of the recent turmoil in world financial markets.
    2007-09-02 03:04:57
  • Fix an Adjustable-Rate Mortgage (KiplingerForecasts.com)

    You can refinance into a fixed-rate mortgage if your credit is good.
    2007-09-04 05:17:08