Mortgage and Financial News From 2008-11-25 Page 01
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Crescenzi: Fed Action Sends Mortgage Rates Plunging - CNBC
[ FRE Loading... ( ) ] have plunged in response to an announcement by the Federal Reserve that it is initiating programs to purchase mortgage-backed securities backed by government-sponsored enterprises and direct obligations of the ...
2008-11-25 09:32:00 -
Unprecedented Times for the Stock Market - MSN MoneyCentral
The massive rally and key reversal on Nov. 13 seems like a distant memory as the major indexes have once again broken to the downside. The selling remains heavy, the buying almost nonexistent, and until the supply/demand equation changes, it is ...
2008-11-25 05:17:00 -
Re ends strong, call rates slip - Economic Times
MUMBAI: The rupee retreated from a one-week high registered on Tuesday, as the stock market slipped again. However, the dollar’s fall against some other currencies helped it hold on to some gains, with the currency closing below the 50-mark against ...
2008-11-25 05:24:00 -
Home prices at '04 levels; sales off 3.1% - Fort Wayne Journal Gazette
Locally Realtors sold almost 14 percent fewer existing Allen County homes last month than in October 2007, according to figures the Fort Wayne Area Association of Realtors released earlier this month. Homeowners bought 339 houses last month, down ...
2008-11-25 05:53:00 -
Mortgage lending falls again - Herald
Mortgage lending across the UK fell again during October after the market saw a slight rebound in September, figures showed today. Net mortgage lending, which strips out redemptions and repayments, was £2.9 billion during the month, down from £3.5 ...
2008-11-25 05:46:00 -
Mortgage-market revival: Try, try again - CNN Money
NEW YORK (Fortune) -- The feds are trying once more to resuscitate the mortgage market. But history shows reviving this patient won't be easy. The Federal Reserve said Tuesday morning it would spend $600 billion in coming quarters to buy the bonds ...
2008-11-25 05:53:00 -
Obama to focus on ending waste - The Washington Times
President-elect Barack Obama went before the American people for the second consecutive day today to announce two more members of his economic team, serving notice that he intended to focus on ending wasteful spending. "This isn't about big ...
2008-11-25 12:02:00 -
ACORN activists want state to stall foreclosures (Orange County Register)
Community organization which came under fire for voter registration drives want state to extend foreclosure moratorium
2008-11-25 05:24:58 -
New Fed Moves Put $800 Bil On Table To Unlock Lending (Investor's Business Daily via Yahoo! Finance)
The Federal Reserve unveiled two aggressive efforts Tuesday to free up consumer credit, committing $800 billion to reduce mortgage rates and...
2008-11-25 05:50:52 -
US in $800bn boost to economy as King warns UK banks (The Herald)
Authorities in the US moved to inject $800bn into the ailing American economy yesterday as Britain's banks were warned they risked "wholesale nationalisation" unless they started to ease lending to businesses and householders.
2008-11-25 06:11:31 -
UK mortgage approvals halved from year ago (The Herald)
Mortgage approvals fell by more than half in October, according to figures which will increase the pressure on Alistair Darling to try to kick start the home loan market.
2008-11-25 06:24:27 -
Who Owns Your Mortgage? (WIFR Rockford)
The company we write the check to is not always the institution that owns our mortgage.
2008-11-25 06:27:00 -
ANZ's morning note (The Age)
test note
2008-11-25 06:40:09 -
Fed move aimed at boosting consumers: officials - Reuters
WASHINGTON (Reuters) - Federal Reserve programs announced on Tuesday are aimed at ensuring consumers have access to credit to buy homes, cars, or other purchases, U.S. officials said on Tuesday. High mortgage rates relative to Treasury debt ...
2008-11-25 12:02:00 -
Archives: August 2008 - BusinessWeek
If you haven’t already discovered it HSH Associates runs a great Web site with lots of free data for checking the latest mortgage rates. One of the things I keep... Home search site Realtor.com gives us a list of the markets showing the biggest ...
2008-11-25 12:52:00