Mortgage and Financial News From 2010-2-14 Page 01
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The Willies - American Reporter
He paid me back $2,800, pretty slowly, and then after two months or so stopped paying after he got refinancing for his home. He said his wife was angry that I had called and demanded my money back Well, where was the Federal Reserve? Where was the U.
2010-02-14 10:47:00 -
Refinancing Unavailable For Many Homeowners - The Ledger
The refinancing wave that swept the nation when mortgage rates hit historic lows last year is petering out, leaving behind millions of homeowners who could not qualify for the best rates. Half of the nation's borrowers have mortgages with rates above ...
2010-02-14 10:54:00 -
Imagine the US Economy Is a Baseball Game - Lewrockwell.com
Imagine the US economy is a baseball game. The score is 142 to 1 against your team. Your team is about to lose a game by the worst score of all time. But your team stalls for time. The game isn't over. There is still the hope your team can make the ...
2010-02-14 10:47:00 -
Volatile housing ETFs build gains - Marketwatch
BOSTON (MarketWatch) -- While rumblings from China and Europe have captured investors' attention in recent weeks, an exchange-traded fund tracking U.S. home-builder stocks has quietly established itself as the best-performing sector fund so far this ...
2010-02-14 10:54:00 -
Greeville housing market perks up - The State
... cited the first-time home buyer tax credit, combined with low mortgage interest rates, in fourth-quarter sales increases from the third quarter in 48 states and the District of Columbia, with 32 states seeing double-digit gains. Yun said with ...
2010-02-14 10:54:00 -
U.S. Housing Aid Winds Down, and Cities Worry - New York Times
ELKHART, Ind. — Over the next six months, the federal government plans to wind down many of its emergency programs for housing. Then it will become clear if the market can function on its own. People here are pretty sure the answer will be no ...
2010-02-14 11:59:00 -
Mortgage rates take a dip - Examiner.com
Mortgage rates take a dipExaminer.comIn Baltimore, this rate drop arrived just as the area ended a month of significant gains in home sales. According to the Metropolitan Regional Information ...and more »
2010-02-14 05:04:08 -
Bendigo loses interest as war looms on deposits - Sydney Morning Herald
Bendigo loses interest as war looms on depositsSydney Morning Herald... home loans and selling them off to investors through the residential mortgage-backed securities market (RMBS) to help extend their sources of funding. ...and more »
2010-02-14 05:05:41 -
Don't get caught out by a snap election - Citywire.co.uk
Don't get caught out by a snap electionCitywire.co.ukThis confirms their confidence in the market as well as their ability to obtain attractive mortgage deals,' says Smith.
2010-02-14 06:06:44 -
London's 'Stock-Starved' Housing Market Reaches Price Record - Bloomberg
London's 'Stock-Starved' Housing Market Reaches Price RecordBloomberg“If sellers return to the market in larger numbers, the current upwards price pressure will not be sustainable with the restricted number of mortgage- ...and more »
2010-02-14 06:42:17 -
US Housing Aid Winds Down, and Cities Worry - New York Times
US Housing Aid Winds Down, and Cities WorryNew York TimesThat program has driven mortgage interest rates to lows not seen since the 1950s. Yet it is uncertain whether the government can really pull back without ...and more »
2010-02-14 08:30:35 -
Indicators for the week ahead - Richmond Times Dispatch
Indicators for the week aheadRichmond Times DispatchLabor Department releases weekly jobless claims. Labor Department releases the Producer Price Index for January. Freddie Mac releases weekly mortgage rates. ...and more »
2010-02-14 11:03:43 -
Year's best sector ETF is surprise winner - MarketWatch
Year's best sector ETF is surprise winnerMarketWatchThe Federal Reserve's $1.25 trillion program to purchase mortgage-backed securities is set to expire at the end of March, and mortgage rates are expected to ...and more »
2010-02-14 11:06:49 -
Mashreq launches Home Loan scheme - Peninsula On-line
Mashreq launches Home Loan schemePeninsula On-lineThe new Home Loan product offers competitive rates especially at a time when most interest rates have increased, for both new Home Loans and refinancing. ...
2010-02-14 11:34:21 -
Metro Detroit's tony Lake Shore begs for homebuyers - The Detroit News
Metro Detroit's tony Lake Shore begs for homebuyersThe Detroit NewsFurthermore, mortgage giants Freddie Mac and Fannie Mae don't back sales above $417000. While rates on "jumbo mortgages," over that amount, have dropped, ...
2010-02-15 12:12:35