Mortgage and Financial News From 2010-9-27 Page 01
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Record-low mortgage rates not a boost for housing market - Green Bay Press-Gazette
... lowest interest rates ... National Association of Realtors reported sales of previously occupied homes plummeted 27 percent in July, the worst showing in 15 years. Record-low rates combined with falling prices ...
2010-09-10 11:58:00 -
Mortgage rates edge up; housing market sluggish - Durango Herald
... mortgage rates," said Michelle Girard, senior economist at the Royal Bank of Scotland. "It's a lack of confidence about the U.S. economy. It's concern about losing a job." On Thursday, Mortgage buyer Freddie Mac ...
2010-09-12 05:44:00 -
Relief on the way?
The cost of owning a home in Canada continued to climb in the second quarter, but homeowners may soon experience some temporary relief as house prices and some mortgage rates subside, according to a report released yesterday. The RBC Economics Research report found home ownership costs continued to rise in the second quarter of 2010, eroding affordability in most markets. “The recent decline in ...
2010-09-27 08:15:53 -
Steps you can take to improve your credit score
If you're planning to apply for a mortgage or other consumer loan in coming months, you'll get more offers and lower interest rates with a solid credit score. Here are some tips for improving your score before you apply:
2010-09-27 09:13:59 -
Commodity Volatility Set to Gain, Societe Generale’s Godin Says
Commodity prices, which have surged to the highest level since January, may see greater volatility as investors react to threats to the global economic recovery, according to Societe Generale SA.
2010-09-27 09:23:39 -
What the bulls are missing
Signs are emerging that the Fed will go for a more measured approach to quantitative easing this time around. It's a scenario that could catch the bulls out with their 'only way is up' positions. 28 Sep 2010 12:40 PM
2010-09-27 09:49:27 -
Ohio gets $320M to help with mortgages
New help became available Monday for Ohioans having trouble making their mortgage payments — especially those who are out of work.Ohio received $320 million from the federal Hardest Hit program, which sent $2 billion to 17 states with the highest unemployment rates. State officials said the program will help 26,000 Ohio homeowners avoid foreclosure.
2010-09-27 10:01:07 -
SF Awarded $3 Million Grant To Boost College Completion Rates
SAN FRANCISCO -- The Bridge to Success program, a partnership between the mayor's office, San Francisco Unified School District and City College of San Francisco, was awarded a $3 million grant Monday to increase college completion rates.
2010-09-27 10:32:35 -
Re-Financing A Growing Temptation For Homeowners
It's not quite a Shakespearean quote, but with the mortgage rates fluctuating to a 57-year low; homeowners are asking, 'to re-finance or not to refinance, that is the question."
2010-09-27 10:35:29 -
China checks banks' compliance with property curbs
BEIJING: Chinese regulators are making spot checks on whether banks are strictly complying with government curbs on mortgages for...
2010-09-27 10:56:48 -
Mortgage rate drops dwindle for higher credit scores
Mortgage rate drops dwindle for higher credit scores
2010-09-27 11:20:50 -
Home Prices Probably Cooled, U.S. Consumer Sentiment Declined
Gains in U.S. home prices probably slowed in July and consumer confidence this month cooled, restraining the biggest part of the economy, a pair of reports may show today.
2010-09-27 11:24:05 -
Home Refinancing: the Chicken or Egg Problem
Home refinancing has yet to see the historic numbers to match the historically low interest rates. While refinance activity increased this summer and fall, many homeowners find it hard to get new loans. "The rates have never been this low in the 30 years I've been in this business," said Pete Phillippe, a loan officer with Princeton Capital in Santa Rosa. "But it has never been harder for people ...
2010-09-28 12:15:34 -
Home buying has changed, but you can still get a mortgage - Chicago Tribune
The Mortgage Bankers Association says this will occur in the fourth quarter of this year. Their advice: buy now, if you can. "It's the best of both worlds: low interest rates and low prices," says Parisi. "Historically, rates drop and home prices go up.
2010-09-27 12:54:00 -
Mortgage authority lowers rates
The latest news on the Louisiana Legislature and the governor. The Advocate Capitol News Bureau delivers timely and unique insights into the political comings and goings around the state and in the capitol.
2010-09-28 12:22:24