Mortgage and Financial News From 2009-3-7 Page 01
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Homebuyers finding bargains as market thaws - Austin American-Statesman
AUSTIN AREA HOUSING MARKET Homebuyers finding bargains as market thaws Low rates, tax credit may boost spring sales. By Shonda Novak AMERICAN-STATESMAN STAFF Sunday, March 08, 2009 Irene Todorcevic bought her first home last month in Reytex Homes ...
2009-03-07 10:33:00 -
State, local area have low mortgage delinquency rates - Register-Herald
Despite a growing number of individuals in the United States falling behind on their mortgage payments, the Beckley area has the lowest mortgage delinquency rate in the nation, according to credit reporting agency TransUnion. “Overall, West ...
2009-03-06 05:55:00 -
New appraisal approach affects fiinancing in some areas (The Herald-Mail)
Mortgage interest rates dropped to an average rate of 5.04 percent, not including fees, during the week ending Dec. 19, 2008, according to the Mortgage Bankers Association (MBA). This caused a pickup in mortgage refinance activity.
2009-03-07 05:41:18 -
Oklahoma City's jobs picture shines in U.S. storm (Tulsa World)
OKLAHOMA CITY -- The grass really isn’t greener elsewhere. While the nation’s jobless numbers continue to soar, unemployment rates in the Oklahoma City metro area remain among the lowest in the country.
2009-03-07 03:52:36 -
An island of prosperity as storms ravage world housing - The Independent
The credit crunch has put paid to property booms around the globe, right? No, not quite. While the US, UK and European property markets are in price freefall, the Caribbean, and in particular the holiday island of St Lucia, seems to be holding its ...
2009-03-07 05:54:00 -
Time To Buy? - Newsweek
Falling housing prices spelled opportunity to A. J. Harpold. The Los Angeles-based entertainment assistant, 29, had been looking for a year to buy her first home when she joined 2,300 other potential buyers at a foreclosure auction recently at the L ...
2009-03-07 04:35:00 -
Is your loan a bridge too far? - Scotsman.com
AS INTEREST rates have fallen, the cost of bridging finance has sunk to levels never seen before. So with property prices sliding, is now the time to snap up a bargain and cross your fingers that your own home will sell quickly? UK house prices fell ...
2009-03-07 06:01:00 -
Refi market reality check Borrowers are facing longer waits and ... - Register-Guard
It just didn’t seem right. Steve Shear, a senior vice president in Eugene for Umpqua Bank’s mortgage division, was working with a couple who’d heard about record-low mortgage interest rates and wanted to refinance their home loan to cash out ...
2009-03-07 06:22:00 -
No mortgage pinch for Obama and team - Politico.com
Secretary of State Hillary Rodham Clinton applauds as President Barack Obama congratulates Special Representative to Pakistan and Afghanistan Richard Holbrooke at the State Department in Washington. As mortgage foreclosure rates hit record highs, one ...
2009-03-07 04:21:00 -
When US economy bottoms out, how will we know? (The Malaysian Insider)
MARCH 8 - When will this wretched economy bottom out? The recession is already in its 15th month, making it longer than all but two downturns since World War II. For now, everything seems to be getting worse: The Dow is in free fall, jobs are vanishing every day, and one in eight American homeowners is in foreclosure or behind on payments. But the economy always recovers. It runs in cycles, ...
2009-03-07 07:51:15 -
Main Headline (Pocono Record)
When will this wretched economy bottom out?
2009-03-07 07:58:53 -
Hundreds Attend Border Patrol Job Fair (Local 6 Orlando)
About 400 people attend an Orange County job fair for the U.S. Border Patrol.
2009-03-07 07:59:07 -
It was now or never (Central Midlands & Costal Advocate)
IT WAS chaos in the Clemie household last week with concrete being laid and other major work under way.
2009-03-07 08:11:48 -
Common Sense in Lending (New York Times)
Congress should strengthen protections for borrowers and outlaw the deceptive practices that were used to lure people into loans that they could never hope to pay back.
2009-03-07 08:49:09 -
Loan changes may not hurt your credit (The Arizona Republic)
Impact depends on how lenders report activity.
2009-03-07 09:03:42