Better Mortgage Rate News
Yesterday: 2009-07-02
The latest mortgage articles are presented below, with older discoveries located in the mortgage news archive.
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German parliament approves "bad bank" plan - Focus Infomation
Berlin. Germany’s lower house of parliament, the Bundestag, has passed a bill for the creation of "bad banks" to absorb toxic assets and clean up balance sheets at financial institutions caught up in the financial crisis, Deutsche Welle . The bill ...
2009-07-03 01:13:00 -
'Bad bank' bill wins approval - Gulf Daily News
FRANKFURT: The German lower house of parliament yesterday approved a bill that provides for the creation of "bad banks" to help commercial and state-owned banks recover from the financial crisis. Bank owners are to pay for costs of the measures ...
2009-07-03 04:55:00 -
CGTS Thursday 2 July 2009: Is This the End of the Rally? 0 comments - Seeking Alpha
CGTS Thursday 2 July 2009: Is This the End of the Rally? 0 commentsSeeking AlphaThe credit card problem is now coming in to focus as potentially the next strike against the economy (along with commercial mortgage collapse, ...and more »
2009-07-03 06:30:47 -
Auto Loans Low Interest Bad Credit: Car Loan without Credit Problem - Seeking Alpha
Auto Loans Low Interest Bad Credit: Car Loan without Credit ProblemSeeking AlphaThe mere history of slow or missing payments on a home mortgage or the such will be recorded and affect the score. The possession of multiple credit cards ...and more »
2009-07-03 07:19:13 -
Homeowners pay off record £8 billion of mortgages - This is London
This is LondonHomeowners pay off record £8 billion of mortgagesThis is LondonThe credit crunch has also led to banks and building societies tightening their lending criteria, making it more difficult and expensive for people to ...and more »
2009-07-03 07:44:05 -
Lunchtime(ish) Links: Are banks buying MBS to boost bonuses? - eFinancialCareers UK
Lunchtime(ish) Links: Are banks buying MBS to boost bonuses?eFinancialCareers UKAccording to Moore, banks may be reverting to their old addiction to mortgage backed securities to boost profitablity. By way of evidence, she points to ...and more »
2009-07-03 08:33:21 -
The devil is in the retail: why the world needs more cheapskates - Brisbane Times
The devil is in the retail: why the world needs more cheapskatesBrisbane TimesAnd other Australians are so mired in mortgage debt, nothing is left for frills. But most consumers have done very well thanks to two incomes, ...and more »
2009-07-03 09:10:53 -
Use innovative financial solutions to get you back on track, not ... - Moneyweb
MoneywebUse innovative financial solutions to get you back on track, not ...MoneywebIn conclusion, while debt consolidation is gaining momentum as a very viable lifeline for consumers, especially those who have judgements or a bad credit ...and more »
2009-07-03 09:14:38 -
Running on Empty - CounterPunch
Running on EmptyCounterPunchThere's a big difference between an inventory-driven recession and a credit-driven recession. An inventory recession is caused by a mismatch ...and more »
2009-07-03 09:36:53 -
Put your house in order - Calgary Herald
Put your house in orderCalgary HeraldIt seems to be a normal thing to do. But it's really a bad idea. Credit-card debt is extremely expensive. Interest rates range up to 30% a year. ...and more »
2009-07-03 11:13:49 -
German parliament approves "bad bank" plan - Focus News
German parliament approves "bad bank" planFocus NewsThe bill is essentially aimed at unfreezing credit markets and freeing commercial and state-owned banks of their risky and non-core assets. ...and more »
2009-07-03 01:29:25 -
Canada's average delinquency rate jumps - Financial Post
Canada's average delinquency rate jumpsFinancial PostA growing number of Canadians have fallen behind on their credit and mortgage payments as unemployment rises, prompting a surge in consumer bankruptcies. ...and more »
2009-07-03 04:30:00 -
Have Holiday Weekend Fun at the Taste For Free - CBS2 Chicago
Have Holiday Weekend Fun at the Taste For FreeCBS2 ChicagoYou say you're worried about losing your job in the recession; your mortgage is in trouble; your credit cards are maxed out and your wife and kids want to ...and more »
2009-07-03 05:34:54 -
Hong Kong Banks ‘Killing Themselves’ in Mortgage War (Update1) - Bloomberg
June 29 (Bloomberg) -- Hong Kong high school teacher Chris Poon’s dream of buying his first apartment was dashed in December when banks refused to fund more than 50 percent of the HK$3.5 million ($450,000) purchase. Poon, 33, tried again in May and ...
2009-06-27 07:54:00 -
Locked & loaded: Jodee Rich, John Symond, Steve Hutchins - Courier Mail
Locked & loaded: Jodee Rich, John Symond, Steve HutchinsCourier MailInterest rates were scraping the barrel's bottom and the wily finance wiz was convinced the tide would soon turn. But maybe he just said it while waiting ...and more »
2009-07-03 10:05:50
