Mortgage and Financial News From 2010-7-2 Page 01

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  • Federal Home Loan Bank Debt Falls in June After Rising in Prior Two Months

    The Federal Home Loan Bank system, the government-chartered cooperatives owned by U.S. financial companies, cut its outstanding debt by $25.9 billion in June after increases the previous two months.
    2010-07-02 05:35:42

  • Simon Read: It's about time banks showed more interest in our Isas

    Afriend has been waiting more than two months for Santander to transfer his Isa to a rival bank. He switched to get a better rate but has spent several frustrating weeks trying to move the money. He's not alone. There are tens of thousands of people totally fed up with their banks and building societies not being able to do what should be a simple process.
    2010-07-02 06:20:18

  • Calgary home sales decline

    Figures released by the Calgary Real Estate Board show sales of condos and single-family homes plummeted in June compared to the same month a year ago. Single family home sales plunged 42 percent, while condo sales fell 40 percent. However, average sale prices in the same time frame increased almost 8 per cent for single-family homes to 482 thousand dollars, and by 2 per cent for condos to 292 ...
    2010-07-02 06:34:50

  • MarketWatch's Top Stories June 28 - July 2

    MarketWatch's Top Stories June 28 - July 2
    2010-07-02 06:39:05

  • Teen bicyclist dies from injuries

    A 16-year-old Greenville boy died Wednesday, more than a week after being struck by a car while bicycling with his father on N.C. 33 West. Jesse Joyner Jr. was hit after he made a sudden turn to avoid a car approaching from the rear, according to the State Highway Patrol report.
    2010-07-02 06:41:03

  • Getting a handle on spending

    With retirement on horizon, couple should tighten up their real estate holdings
    2010-07-02 06:48:25

  • Mortgage rates hit record low

    Mortgage rates haven't been this low in more than five decades, but even with interest rates slipping below 4.6 percent for 30-year loans, not all consumers can be enticed to buy.
    2010-07-02 07:27:57

  • 20. Expect the unexpected

    Comment by TAY HAN CHONG.
    2010-07-02 07:32:01

  • Take care during mortgage closing

    Want a lender to delay or even cancel your mortgage closing? Then change your "borrower circumstances" between the day you apply for and the day you close a home loan.
    2010-07-02 07:52:03

  • Loan giants threaten Sonoma's energy program

    Catherine Williams and Stephen Parsons used a Sonoma County energy retrofit program this spring to finance a solar energy system for their home outside Sebastopol. A few weeks later a lender told them they couldn't refinance their home.
    2010-07-02 08:10:48

  • In Suburban vs. City Living, the City Costs Less

    An assessment meant to mirror a decision a family of four in the New York metropolitan area might face found that suburban living cost 18 percent more than urban living.
    2010-07-02 08:20:15

  • Mason ends tenure on Perquimans board

    Board of education member Gloria Mason served on her last school board meeting, Monday night. The meeting marked the end of her eight-year run on the board. The one-time board chair has served two consecutive terms, and did not seek re-election for a third.
    2010-07-02 09:30:58

  • Sinking mortgage rates haven't fired up buying

    There's an upside to the global economic jitters: Nervous investors seeking the safety of long-term bonds helped send mortgage rates to their lowest level in more than 50 years this week. But it's likely not low enough to turn around the struggling housing market.
    2010-07-02 09:46:29

  • Victoria real estate listings up but sales drop in June

    Home sales cooled and inventory continued to rise last month as many Greater Victoria real estate buyers chose the sidelines to mull the state of the overall economy and consider small decreases in mortgage rates.
    2010-07-02 10:13:00

  • Lowest mortgage rates in 50 years, but few are buying or refinancing homes

    Mortgage rates have sunk to the lowest level in more than five decades, but consumers aren't rushing to refinance or buy homes. Mortgage - Business - Refinancing - Financial Services - United States
    2010-07-02 10:49:34

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