Mortgage and Financial News From 2010-5-15 Page 01

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  • Is Ben Bernanke Having Fun Yet? - New York Times

    Is Ben Bernanke Having Fun Yet?New York TimesDespite the Fed's now-notorious failure to rein in years of pell-mell, subprime mortgage lending, the Senate is considering entrusting the Fed with added ...and more »
    2010-05-15 02:03:16
  • Hard truths behind 'acts of God' and the 10 biggest money myths - Daily Mail

    Daily MailHard truths behind 'acts of God' and the 10 biggest money mythsDaily MailREALITY: Deals with low rates often have the biggest upfront fees. This can make the total cost of a mortgage higher than one with a slightly higher rate ...and more »
    2010-05-15 03:40:44
  • Municipal bonds still popular, despite investment's evolution - Palm Beach Daily News

    Municipal bonds still popular, despite investment's evolutionPalm Beach Daily NewsUnfortunately, they moved into the securitized mortgage bond insurance business. We all know what happened in that arena. As a result, the once triple-A ...
    2010-05-15 04:14:24
  • Mark Simons: Mortgage Rate update and a little Mortgage 101 - FreeRateUpdate.com

    Mark Simons: Mortgage Rate update and a little Mortgage 101FreeRateUpdate.com*POV = Plain, Old, Vanilla Home Loan: 30yr fixed rate, fully amortized, Single Family Home, Owner-Occupied, at least 20% equity, lower rates and fees for ...
    2010-05-15 05:00:09
  • UK faces "enormous" economic challenge: Osborne - U.S. Daily

    UK faces "enormous" economic challenge: OsborneU.S. Daily... to get to grips with wasteful government spending and said the coalition would act to ensure economic stability and keep mortgage interest rates low. ...and more »
    2010-05-15 05:45:12
  • The Realities of Real Estate: The housing market catches fire in April - Annapolis Capital

    The Realities of Real Estate: The housing market catches fire in AprilAnnapolis CapitalSecond, mortgage interest rates are still near all-time lows. For a while there, they were edging up, but they've come back down again. ...
    2010-05-15 10:27:04
  • Bridgewater officials defend proposed cuts - The Patriot Ledger

    Bridgewater officials defend proposed cutsThe Patriot LedgerAccording to the US Census Bureau, the average Bridgewater home with a mortgage is worth $405000. The property tax bill for those average homes would go up ...and more »
    2010-05-15 10:45:59
  • So, who are the winners and losers after a year of change? - Irish Independent

    So, who are the winners and losers after a year of change?Irish IndependentThe biggest single monthly outlay for this segment of the population is their repayments on their home. While mortgage interest costs have dropped massively ...
    2010-05-15 10:47:10
  • AIB still splashing out on Arsenal box - Irish Independent

    AIB still splashing out on Arsenal boxIrish IndependentThe bank, which is expected to increase mortgage rates by another one per cent before the end of the year, is paying up to £100000 (€117000) a year plus Vat ...
    2010-05-15 10:56:59
  • How Texans voted in Congress - Houston Chronicle

    How Texans voted in CongressHouston ChronicleNew Mortgage Standards: Adopted, 63-36, tougher home-mortgage standards under the Truth-in-Lending Act. The amendment to S 3217 (above) outlaws the ...
    2010-05-15 10:57:44
  • As The Euro Wavers, The Dollar Looks Better - Vermont Public Radio

    As The Euro Wavers, The Dollar Looks BetterVermont Public RadioAnd it makes other interest rates pegged to Treasury stay low, like home mortgage rates, which have been falling. Still, the rush to invest in the United ...and more »
    2010-05-15 11:07:01
  • Maxed-out friend needs a life lesson - Pocono Record

    Maxed-out friend needs a life lessonPocono RecordWhy not consider a 15-year mortgage? At today's interest rates, the payments on the 15-year mortgage will be about the same or less than they would have ...
    2010-05-15 11:23:39
  • Low Mortgage Rates

    Mortgage rates are at the lowest level of the year.
    2010-05-14 05:17:07
  • Mortgage rates hit low for the year

    WASHINGTON, May 13 (UPI) -- Average interest rates for long-term mortgages have dropped to their lowest levels for the year, the U.S. Federal Home Loan Mortgage Corp. said Thursday.
    2010-05-13 09:56:48
  • Why Isn't Loan Production Picking Up?; More on ... - MortgageNewsDaily.com

    ... Treasury prices: the laws of supply and demand should help mortgage rates stay low relative to benchmark Treasuries. What is the good word from the broker trenches on "steering borrowers toward higher interest rate subprime loans" so the ...
    2010-05-14 05:51:00