Mortgage and Financial News From 2010-2-24 Page 01
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Australian Home Building Industry Temporarily Hit By Skilled Labor ... - RTT News
(RTTNews) - Australia's Housing Industry Association says the fall in new residential work done in the December quarter suggested that skilled labor shortages may already be having a constraining impact on home building activity. The 3.9% fall in new ...
2010-02-24 10:14:00 -
Everything's Breaking. Is It the Weekend Yet? - Pittsburgh Post-Gazette
... month my husband started commuting from California to New York, where he's living a nice, ordered hotel life like George Clooney does in "Up in the Air," while I stay home and manage ... remarked, in passing, that this business of packing and ...
2010-02-24 11:54:00 -
Mortgage Modification Marathon Held In Palm Beach - CBS 4 South Florida
A marathon is being held this week at the Palm Beach County Convention Center, but the only ones you'll see running will be the homeowners on the brink of foreclosing on their homes. At one point Jesus Velazquez was one of these people. His home is ...
2010-02-24 10:35:00 -
What's a glide path for a 52-year-old to retire at age 60? - Dallas Morning News
This year, I will turn 52 and my wife 51. Two of our three children are still in college, and the last tuition payment should be in 2015. I am in sales, with a base pay around $100,000. Commissions and bonuses have added another $20,000 to $80,000 a ...
2010-02-24 10:42:00 -
Fewer people falling behind on home loans, mortgage bankers report - San Jose Mercury News
But a report Friday from the Mortgage Bankers Association showed Nevada, Arizona and Florida had some of the biggest declines in new delinquencies. The figures probably mark "the beginning of the end" of the crisis, said Jay Brinkmann, the trade ...
2010-02-20 08:17:00 -
Home prices rise 0.3% in December - Detroit Free Press
Price increases also help rebuild equity for homeowners who currently owe more on their mortgages than their properties are worth. Roughly one in three homeowners with a mortgage ... record-keeping, the National Association of Realtors said.
2010-02-23 12:14:00 -
MBA: Mortgage purchase applications hit lowest level since 1997 - Oregonian
... Coast markets were digging out from the blizzard last week, purchase applications fell, another indication that housing demand remains relatively weak," said Michael Fratantoni, MBA's Vice President of Research and Economics. "With home prices ...
2010-02-24 11:15:00 -
Christopher Joye Suggests Mortgage Repayments Comprise 10% of Household ... - Money Morning (blog)
Christopher Joye Suggests Mortgage Repayments Comprise 10% of Household ...Money Morning (blog)According to the HIA-Commonwealth Bank first home buyer affordability report: “Monthly loan repayments on a typical first home mortgage in Melbourne surged ...and more »
2010-02-24 11:11:54 -
A Global Economy - Harvard Crimson
A Global EconomyHarvard Crimson... the American Dream of owning a home were not irrational in their decision to sign a contract for a home whose mortgage they clearly could not afford. ...
2010-02-24 11:12:07 -
It's Save Your Banker Week - Lew Rockwell
It's Save Your Banker WeekLew RockwellActually, every mortgage contract would meet the Biblical definition of usury (onerous interest rates). Every home mortgage should be deemed null and void. ...
2010-02-24 11:12:17 -
Talking Money: A crash course to help homebuyers buy smart - Richmond Times Dispatch
Talking Money: A crash course to help homebuyers buy smartRichmond Times DispatchFederal mortgage and housing support programs are due to end on March 31. That means you should plan for higher rates and play it safe. ...
2010-02-24 11:13:32 -
Habitat for Humanity offers a 'hand up' - South Coast Today
Habitat for Humanity offers a 'hand up'South Coast TodayWe give them a hand up, not a hand out, by offering a low-cost, no-interest mortgage on a new home," said Christine Halle, office manager at Buzzards Bay ...and more »
2010-02-24 11:13:37 -
The Case for Another GSE - US Banker
The Case for Another GSEUS BankerThe Freddie Mac and Fannie Mae debacles and the ongoing capitalization worries in the Federal Home Loan Bank system have seemingly exhausted the ...
2010-02-24 11:13:48 -
How to Unclog the Loan Mod Pipeline? Eliminate Paper - US Banker
How to Unclog the Loan Mod Pipeline? Eliminate PaperUS BankerThe Obama Administration is doing everything it can to help minimize the effects of the ongoing mortgage crisis. ...and more »
2010-02-24 11:14:04 -
In Search Of Wallet Share - US Banker
In Search Of Wallet ShareUS Banker... in return, they receive cash back from Visa debit-card purchases, discounts on mortgage originations and waivers on stopped payments and other fees. ...and more »
2010-02-24 11:14:19