Mortgage and Financial News From 2010-8-17 Page 01
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US 30-yr mortgage rates fell in latest wk-Zillow - Reuters UK
NEW YORK Aug 17 (Reuters) - Interest rates on 30-year fixed-rate mortgages edged lower in the latest week, real estate website Zillow.com said on Tuesday. Low rates on mortgages should boost home loan refinancing and put ...
2010-08-17 03:15:00 -
Mortgage rates stay at record lows - Bend Bulletin
Fixed-rate mortgages again hit record lows this week in Freddie Mac’s Primary Mortgage Market Survey released Thursday. The 30-year fixed-rate mortgage averaged 4.44 percent with an average 0.7 point for the week that ...
2010-08-14 06:01:00 -
Low mortgage rates make refinancing rather tempting - Boston Globe
Last week rates fell to levels that many people in the mortgage business thought they would never see. Freddie Mac reported Thursday that the average rate on a 30-year, fixed-rate loan was 4.44 percent, with 0 ...
2010-08-15 05:48:00 -
Cut Mortgage Rates on Fannie, Freddie Loans: Gross - CNBC
[ FMCC Loading... ( ) ] , guarantees about 95 percent of the mortgages in the US. "That [action] would obviously benefit the homeowner to the extent of one-third of its future payments,” he ...
2010-08-17 03:01:00 -
Fifth Third Bancorp (NYSE: FITB) Shows Increasing Loan Modifications and Lower ... - American Banking News
Fifth Third Bancorp (NYSE: FITB) Shows Increasing Loan Modifications and Lower ...American Banking NewsSo it's important to note that Fifth Third Mortgage Company, the mortgage arm of Fifth Third Bancorp, is seeing modification rates that continue to exceed ...and more »
2010-08-17 02:55:26 -
GSE Omnis Divisa in Partes Tres - The American (blog)
GSE Omnis Divisa in Partes TresThe American (blog)Secondly, we need a private secondary market for the bulk of mortgage loans. The financial system of the future should have withdrawn a large part of the ...and more »
2010-08-17 02:56:34 -
Hedge Funds Bet on Inflation, Institutions Bet on Deflation: Who's Right? - DailyFinance
Hedge Funds Bet on Inflation, Institutions Bet on Deflation: Who's Right?DailyFinanceIn that gold trade he joins John Paulson -- operator of a $31 billion fund -- who personally made $3.7 billion in 2007 betting on the subprime mortgage ...and more »
2010-08-17 02:58:23 -
The Ticker - American Chronicle
The TickerAmerican ChronicleMortgage rates: Growing pessimism over the economic recovery pushed mortgage rates to the lowest level in decades for the seventh time in eight weeks. ...and more »
2010-08-17 03:00:27 -
AP Business NewsBrief at 3:48 pm EDT - TMCnet
AP Business NewsBrief at 3:48 pm EDTTMCnetInterest rates rose as investors moved out of the bond market and back into stocks. MSHA: Massey didn't report accidents at W.Va. mineCHARLESTON, W.Va. ...and more »
2010-08-17 03:00:55 -
US July home building up, industrial output rises - Forex Pros
US July home building up, industrial output risesForex Pros"Without such support, the risk is that future recessions could be more severe because the financial system would not have the capital to support mortgage ...and more »
2010-08-17 03:05:19 -
Bond Market Update - Briefing.com
Bond Market UpdateBriefing.com... and the corrective action helped weigh while the possibility of mortgage players coming in on the sell-side with rates so low, has spooked some bulls. ...and more »
2010-08-17 03:07:37 -
Gross Says Broad-Scale Mortgage Refinancing Won't Have `Ghost of a Chance' - Bloomberg
Gross Says Broad-Scale Mortgage Refinancing Won't Have `Ghost of a Chance'BloombergRefinancing mortgages with interest rates as high as 7 percent could boost the economy by lowering monthly payments and could raise home prices by as much ...and more »
2010-08-17 03:10:29 -
Cut Mortgage Rates on Fannie, Freddie Loans: Gross - CNBC
Cut Mortgage Rates on Fannie, Freddie Loans: GrossCNBCMeanwhile, US mortgage rates continue to hit record lows, helped by plunging Treasury bond yields and the Fed's pledge to continue buying up government ...and more »
2010-08-17 03:11:47 -
New York Late Money Rates from The Wall Street Journal - Wall Street Journal
New York Late Money Rates from The Wall Street JournalWall Street JournalFreddie Mac: Posted yields on 30-year mortgage commitments. Delivery within 30 days 3.95%, 60 days 4.01%, standard conventional fixed-rate mortgages: 2.50%, ...and more »
2010-08-17 03:12:27 -
Work takes toll on Australian family life - National
Work takes toll on Australian family lifeNational“Debt, particularly mortgage debt, has become a much larger part of household expenses, so more and more we are seeing the need for both partners to work to ...
2010-08-17 03:19:20