Mortgage and Financial News From 2010-6-21 Page 01
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New Evidence of Real Estate's Big Hurt - Elliott Wave
New Evidence of Real Estate's Big HurtElliott WaveEven the lowest home mortgage rates in decades are not doing much to invite deals. The Mortgage Bankers Association said [that] applications for loans to ...
2010-06-21 11:24:38 -
Fed to keep rates at record lows as risks loom - The Associated Press
Fed to keep rates at record lows as risks loomThe Associated PressThe Fed has left the door open to resuming purchases of mortgage securities, a move that would drive down mortgage rates and bolster the housing market. ...and more »
2010-06-21 02:20:43 -
Foreclosure suit hits suburban Westin hotel - Crain's Chicago Business
Foreclosure suit hits suburban Westin hotelCrain's Chicago BusinessJP Morgan divided the loan into three parts: a $37.1-million senior note that it sold in a commercial mortgage-backed securities (CMBS) offering; ...
2010-06-21 05:46:38 -
A Quick Lesson on Forecasting the Future - Before It's News
A Quick Lesson on Forecasting the FutureBefore It's News"With another week of historically low mortgage rates, the trend from the prior three weeks continued, as refinance applications increased while purchase ...and more »
2010-06-21 07:17:31 -
4 Strategies for Smart Mortgage Refinancing - SayEducate (blog)
4 Strategies for Smart Mortgage RefinancingSayEducate (blog)As mortgage financing rates flirt with all-time historic low rates, consumers in a position to refinance their homes may want to consider doing so now. ...and more »
2010-06-21 11:13:10 -
Sales of Existing Homes in US Probably Climbed on Tax Credit - BusinessWeek
Sales of Existing Homes in US Probably Climbed on Tax CreditBusinessWeekThe average rate on a fixed 30-year mortgage was 4.75 percent last week, just shy of the record-low 4.71 percent reached in early December, according to ...
2010-06-21 11:25:05 -
Mortgages 'lowest for seven years'
The average cost of a two-year fixed rate mortgage has fallen to its lowest level for nearly seven years, a financial information group said.
2010-06-21 10:42:36 -
Mortgage rates drop to 7 year low
Signs of a recovery in the mortgage market are finally beginning to emerge as rates drop to a seven year low.
2010-06-21 11:53:38 -
Mortgage rates drop to seven-year low
Mortgage rates are at their lowest since September 2003.
2010-06-21 12:21:28 -
Fed to keep rates at record lows as risks loom
With risks to the recovery looming, Fed ready to leave rates at record lows this week
2010-06-21 02:23:01 -
Credit-card deals become harder to find
Recent reforms make credit-card deals more difficult to negotiate with card companies. Here's how Americans are coping.
2010-06-21 02:59:32 -
Gulf spill plays havoc with real estate
Phone calls from retirees have dried up, and fears mount over foreclosures by people thrown out of work
2010-06-21 06:01:51 -
Mortgage cost comes down again
The average cost of a two-year fixed rate mortgage has fallen to its lowest level for nearly seven years, says a financial information group.
2010-06-21 06:19:24 -
Shell Tarred by Gulf Spill Pays Up in Bond Sale: Credit Markets
Royal Dutch Shell Plc was penalized by the bond market in a $2.75 billion debt offering and Anadarko Petroleum Corp. notes tumbled on concern the worst oil spill in U.S. history will depress profits across the industry.
2010-06-21 07:01:32 -
Mortgage rates at a seven-year low
The average cost of a two-year fixed rate mortgage has fallen to its lowest level for nearly seven years, according to Moneyfacts.co.uk. The financial information group said that interest rates charged on two-year fixed rate deals have been falling steadily since August last year, dropping to an average of 4.52 per cent. The rate is the lowest since September 2003, and down from 4.93 per cent at ...
2010-06-21 07:26:50