Mortgage and Financial News From 2007-9-27 Page 4

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  • Housing signals point to cooling market

    Guardian Unlimited - Signs emerged yesterday that the housing market was starting to feel the effects of five interest rate rises in a year and a ... The tougher market conditions have been sparked by the crisis in US sub-prime mortgages, where high-risk borrowers have ...
    2007-09-27 05:03:00
  • Bond Traders Begin to Get Up Off the Canvas

    Wall Street Journal - The new loans bear an interest rate of 2.75 percentage points above the London interbank offered rate, which adds up to around 8% ... He said some investors were bidding for prime securities backed by "jumbo" loans, those above the $417,000 regulatory ...
    2007-09-27 08:02:00
  • OECD backs UK rate cut

    Financial Times - ... become more uncertain and there is a risk that growth will be weaker going forward, which could imply a need for interest-rate ... This was especially the case in education – one of the main interests of Gordon Brown, UK prime minister – where ...
    2007-09-27 01:43:00
  • Australian share market

    News.com.au - Mr Foulsham said that investors seemed to be more confident because of the recent US interest rate cut, which eased concerns over a global credit crunch arising from problems in the US sub-prime mortgage market. "The market is pretty confident that ...
    2007-09-27 08:23:00
  • Interest rates expected to stay steady

    News.com.au - ... credit market uncertainty will be enough to spare home owners the pain of another interest rate ... Steve Ryan said global credit market turmoil, stemming from problems in the US sub-prime mortgage sector, would be enough to keep domestic interest ...
    2007-09-27 08:52:00
  • OECD backs UK rate cut (FT.com via Yahoo! News)

    The Bank of England should be poised to cut interest rates because of the risk of lower economic growth and a housing slowdown in the wake of recent financial-market turmoil, the Organisation for Economic Co-Operation and Development said in a report on Thursday.
    2007-09-27 01:40:50
  • Credit score system changes

    The Daily Advertiser - Starting this month, the benchmark company for credit score calculations won't recognize "authorized user" accounts anymore. The change may impact 60 million to 70 million consumers, mostly young people or spouses who aren't building credit history ...
    2007-09-24 03:23:00
  • 10pm: Election Night Coverage

    WSAZ - Not HIGHER than Atlantic city when you calculate the per-capita rate? Wow, seems like you guys need to go back to the drawing ... I guess the churches will start seeing addicts come and sell their hard luck stories of no money for food, rent/mortgage ...
    2007-09-26 01:19:00
  • NASA Hubble Space Telescope Daily Report # 4456

    SpaceRef - The HST UV data will be combined with previously obtained HST, Spitzer, and GALEX images to {i} calculate the ages of the ... 220Marketing specializes in providing mortgage marketing for mortgage companies and managers. - Take your time to tour our ...
    2007-09-27 06:55:00
  • U.S. Initial Jobless Claims Unexpectedly Decline (Update2)

    Bloomberg - ... are holding on to employees, while limiting hiring plans, as they wait to see whether the effects of rising mortgage ... The continuing claims figures cover the survey period the Labor Department uses to calculate its monthly payroll estimate ...
    2007-09-27 06:12:00
  • GE Unit, in Strategic Growth Push, Serves as Lead Arranger, Sole Book ...

    Forbes - GE Energy Financial Services provided acquisition and working capital financing for Lincolnshire's purchase of DHI in 2005, and extended a credit facility to enable DHI to acquire Dawn Trucking and BHS, and allow the company to refinance its existing ...
    2007-09-27 06:04:00
  • More area homeowners going to fixed-rate mortgages

    Pantagraph - BLOOMINGTON -- More homeowners these days want to close their front doors on risk. Central Illinoisans who flocked to adjustable-rate mortgages a few years ago have started to refinance to a fixed-rate mortgage, while more new homeowners have decided ...
    2007-09-27 03:30:00
  • Council Dips Into Reserves To Close Budget Gap

    16 WAPT - The city's financial officer told the council two months ago the best approach was to refinance the city's bond debt, according to Stokes. But, he said, three of the council members who voted to support dipping into the reserves are out of town, and ...
    2007-09-27 04:34:00
  • Oslo shares close higher, led up by Fast Search, REC; Norske Skog ...

    Forbes - The loan has a maturity of five years and will be used to refinance other debts. Norske Skog was 2.6 lower at 59 after UBS cut its target price for the stock in a Paper & Packaging review, according to dealers. The broker lowered the target price to 65 ...
    2007-09-27 09:25:00
  • Last week's biggest real estate deals in the Valley.

    AZCentral.com - With rates on many homeowners' adjustable-rate mortgages rising, some who would like to refinance into a new loan are finding they can't. Valley renters paying more Your rent is rising faster than your paycheck. A new report this morning shows Valley ...
    2007-09-27 01:50:00