Mortgage and Financial News From 2007-11-16 Page 01

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  • Average house price expected to surpass $600,000 next year

    Victoria Times Colonist - Other favourable factors include stable mortgage rates, government surpluses, rising business and ... Compare that to Canada, where the low end of the mortgage market consists of near-prime mortgages -- which make up only 10 per cent of our market ...
    2007-11-16 03:29:00

  • Salmond: Scotland independent in 10 years

    Scotsman - ... Mr Salmond hinted heavily that the Scottish Government would cut business rates ... I wouldn't advise lumping the mortgage on that at Ladbrokes. Much more likely IMHO is ... Contrast and compare these 4 results (all conducted by YouGov note the ...
    2007-11-16 08:01:00

  • Halifax cuts rates for some savers

    Guardian Unlimited - ... the recent credit crunch, which has seen providers looking to raise more money for mortgage ... It is uncommon to see a provider reduce their rates in a period of base rate stability." She added: "When you compare the similar products offered by Halifax ...
    2007-11-16 08:09:00

  • Compare Mortgage Interest Rates

    Best Syndication - (Best Syndication) We have put together a list interest rates for various cities around the country. The table below displays the interest rate based on the lowest fees. Obviously lenders with higher fees may charge a lower interest rate and some ...
    2007-11-14 03:56:00

  • Power Company Seeks Rate Hike (WAPT Jackson)

    Mississippi Power Company has asked state regulators to approve a 4.2 percent increase in its rates to offset higher fuel costs.
    2007-11-16 09:00:31

  • Halifax cuts interest rates (Channel 4)

    The UK's biggest savings provider announced it is cutting interest rates on some of its accounts by up to 0.25%.
    2007-11-16 08:10:14

  • Halifax cuts interest rates for some savers (Guardian Unlimited)

    The UK's biggest savings provider cuts interest rates on some of its accounts by up to 0.25%
    2007-11-16 08:22:01

  • Fattah calls for foreclosure moratorium

    Philadelphia Inquirer - WASHINGTON - A congressman from Philadelphia is trying to get the mortgage industry to declare a six-month moratorium on home foreclosures. Rep. Chaka Fattah is the chairman of the Congressional Urban Caucus. He says the moratorium is needed as a ...
    2007-11-16 03:32:00

  • Delta Financial secures $100 million in financing

    Newsday - Delta said also it is closing at least the Chicago and Arizona offices of its subsidiary, Fidelity Mortgage, in hopes of avoiding the same fate of bankruptcy as befell the bigger American Home Mortgage Investment Corp. of Melville. In trading Friday ...
    2007-11-16 02:42:00

  • NYSE to Suspend Trading in TOUSA Securities; Company to Appeal the ...

    MSN MoneyCentral - It also provides financial services to its homebuyers and to others through its subsidiaries, Preferred Home Mortgage Company and Universal Land Title, Inc. For more information on TOUSA, please visit our website at www.tousa.com. The TOUSA, Inc ...
    2007-11-16 03:04:00

  • Title company to pay $5M

    St. Petersburg Times - Regulators say that First American Title Insurance Co. illegally paid real estate agents, mortgage brokers, banks and home builders for referrals by making them partners in sham title companies. Eighty-four of these companies were created to funnel ...
    2007-11-16 09:02:00

  • Home equity intact or growing despite soft market

    Charleston Post & Courier - That was the net difference between total home mortgage debt ($10.1 trillion) and the total market value of home real estate (about $21 trillion). The second-quarter equity number was down about $6 billion from the first quarter of the year, but was ...
    2007-11-16 09:02:00

  • TREASURIES-Bonds extend losses after Kroszner remarks

    Reuters - He added that current data would not suggest current policy was inappropriate, which could signal to bond investors that the Fed was less inclined to cut interest rates than previously thought. The benchmark 10-year note's price fell 12/32 for a ...
    2007-11-16 09:06:00

  • Debt crisis deepens, as Howard launches another interest rate scare ...

    World Socialist Web Site - Prime Minister John Howard has resorted to a scare campaign on interest rates, just as he did prior to the 2004 election ... But since the current housing bubble began in the mid-1990s, house values have increased by about 250 percent, while debt ...
    2007-11-16 07:50:00

  • Fed governor sees no need to cut rates again

    Minneapolis Star Tribune - Federal Reserve Governor Randall Kroszner said policymakers probably won't need to reduce interest rates further to help the economy weather a "rough patch" in the coming year. "The current stance of monetary policy should help the economy get ...
    2007-11-15 03:55:00

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