Mortgage and Financial News From 2009-8-31 Page 01
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U.K. house prices climb for first time in two years - Daily Business Review
.K. house prices rose for the first time in two years in August as a dearth of homes for sale pushed up prices in London and the southeast, Hometrack Ltd. said. The average cost of a home in England and Wales gained 0.1 percent from July to 155,800 ...
2009-08-31 09:40:00 -
Mortgage approvals hit 17-month high in July - Times Online
The number of mortgages approved hit a 17-month high last month in the latest sign of a recovery in Britain's battered housing market. A total 38,181 loans were approved for house purchase in July, up from 35,564 the previous month and the highest ...
2009-08-25 04:54:00 -
Funds Dump Retail Shares as Cash Flows From Fortune (Update3) - Bloomberg
Aug. 31 (Bloomberg) -- Mutual funds, pensions and endowments are unloading U.S. consumer stocks at the fastest pace in at least 14 years. “There’s concern by consumers about everything, not only future employment but also the value of their house ...
2009-08-31 04:28:00 -
Housing recovery firms in July - Business Spectator (registration)
Housing recovery firms in JulyBusiness Spectator (registration)Underpinned by historically low mortgage rates and only small rises in unemployment, Australian home values have now risen 1.8 per cent past their February ...and more »
2009-08-30 09:44:26 -
Still uncertain about owning a home? ... - Poughkeepsie Journal
Still uncertain about owning a home? Here's why to buyPoughkeepsie JournalThe average rate for a 5/1 hybrid adjustable-rate mortgage - which offers a fixed rate for five years and then adjusts - was 4.57 percent, the lowest since ...and more »
2009-08-31 02:15:39 -
Home loans: business should perk up soon - Realestateweb.co.za
Realestateweb.co.zaHome loans: business should perk up soonRealestateweb.co.zaThe figures show the lowest year-on-year growth (6,4%) in outstanding mortgage balances since May 2000 (6,3%), said Absa Home Loans senior property analyst ...and more »
2009-08-31 05:22:44 -
Mortgage advances dwindle - iAfrica.com
iAfrica.comMortgage advances dwindleiAfrica.com"This was the lowest year-on-year growth in outstanding mortgage balances since May 2000, when it was 6.3 percent," Du Toit said. On a month-on-month basis, ...and more »
2009-08-31 05:32:05 -
Business Briefs - Honolulu Star-Bulletin
Business BriefsHonolulu Star-BulletinFreddie Mac, the mortgage company, releases weekly mortgage rates. » Friday: Labor Department releases employment data for August.
2009-08-31 06:47:06 -
Monthly Checks for Life: 5 Rules for ... - CBS MoneyWatch.com
Monthly Checks for Life: 5 Rules for Immediate AnnuitiesCBS MoneyWatch.comWill fixed costs such as your mortgage, insurance, and property tax be covered by fixed streams of income like Social Security and company pensions? ...and more »
2009-08-31 08:06:58 -
NMP Market Barometer: September 2009 ... - National Mortgage Professional Magazine
NMP Market Barometer: September 2009 Part INational Mortgage Professional Magazine... pager and e-mail rate alert service for mortgage industry subscribers. A reading of "1" has the lowest impact on rates, while "10" has the highest. ...
2009-08-31 08:36:21 -
House prices drop 1.1pc in July, exte... - Irish Independent
House prices drop 1.1pc in July, extending two-year slumpIrish IndependentBy Fergal O'Brien House prices dropped again in July, extending a slump that has dragged prices to the lowest in more than five years. ...and more »
2009-08-31 08:46:26 -
Funds Dump Retail Shares as Cash Flow... - Bloomberg
Funds Dump Retail Shares as Cash Flows From FortuneBloombergThe gap between the average cost of a 30-year fixed-rate mortgage offered by US lenders and the Fed's target rate for overnight loans between banks was 5.09 ...
2009-08-31 09:08:06 -
Speculative Trading Indicates Rally L... - Financial News USA (press release)
Speculative Trading Indicates Rally Losing SteamFinancial News USA (press release)The mortgage rate was significantly higher than the record low of 4.78% set at the week ending April 2. Long-term mortgage rates remained flat this week, ...and more »
2009-08-31 10:58:08 -
Finder Financial Services Ltd. announ... - Canada NewsWire (press release)
Finder Financial Services Ltd. announces exclusive partnership ...Canada NewsWire (press release)As a high-volume, low-risk, low-cost service provider, SMP has access to preferential rates from the finest Canadian lenders including the lowest rates ...
2009-08-31 12:09:15 -
CONSEQUENCES OF THE "CHILEAN MIRACLES" - Patagonia Times
CONSEQUENCES OF THE "CHILEAN MIRACLES"Patagonia TimesThe reason for this impressive growth is due to one thing: it is the country with the lowest cost in salmon production in the world. On March 27, 2008, ...
2009-08-31 02:40:14