Mortgage and Financial News From 2007-8-18 Page 16
Return to the mortgage news archive home.
Page: 01 2 3 4 5 6 7 8 9 10 11 12 13 14 15
16 17 18 19
-
Sub-Prime Mortgage Industry Expert Scott Tucker Says Sub-Prime Market ...
Forbes - ... sub-prime money to lend to home owners, one lone voice in the sub- prime mortgage ... According to Tucker, "In spite of the current loss of available credit from sub ... lenders always have, and always will, price that 'risk' into the interest rates ...
2007-08-17 09:03:00 -
cash in the home
Lexington Herald-Leader - The exact amount depends on such factors as the borrower's age, the type of reverse mortgage, the home's value and current interest rates. Peter Bell, president of the National Reverse Mortgage Lenders Association, predicts the next generation of ...
2007-08-18 06:50:00 -
The Mortgage Professor
Washington Post - We paid points to reduce the rate on the 30-year, fixed-rate mortgage to 4.75 percent ... get the payment, which would mean replacing your 4.75 percent rate with a current ... However, if rates have come down to the point where you can no longer invest at a ...
2007-08-17 10:50:00 -
The face of the global credit crisis
Globe and Mail - Unable to pay her medical bills, she borrowed money through a subprime mortgage from ... But these risky loans - made at inflated rates to borrowers with inadequate ... In the current panicky environment, the answer, apparently, is no one. Just as ...
2007-08-18 11:43:00 -
Mortgage Mess Creates Lending Drought
Newsday - As more lenders collapse, the skittish survivors are raising their rates and changing the rules for ... market conditions could work to the advantage of prospective home buyers who can negotiate the current lending gauntlet and qualify for a mortgage.
2007-08-18 12:52:00 -
Where should people seeking a home loan go?
News.com.au - That would mean higher mortgage rates if non-bank lenders intended to retain margins applicable before the credit crunch. Mr Le ... Taking the current interest rate rise into account, you could actually end up $63 ahead by removing these facilities." Ms ...
2007-08-18 03:25:00 -
Mortgage borrowers, brokers facing higher hurdles to home loans
St. Louis Post-Dispatch - As more lenders collapse, the skittish survivors are raising their rates and changing the rules for ... market conditions could work to the advantage of prospective house buyers who can negotiate the current lending gauntlet and qualify for a mortgage.
2007-08-18 02:56:00 -
US mortgage rates unchanged on Friday - BestInfo
Reuters - NEW YORK, Aug 17 (Reuters) - The average rate on a 30-year U.S. mortgage with no upfront points was unchanged at 6-7/8 percent on Friday, according to BestInfo Inc. Rates may decline on Monday if the mortgage market maintains its current direction ...
2007-08-17 08:12:00 -
Mortgage Mess Creates Lending Drought (The San Francisco Examiner)
(AP Photo/Nati Harnik) An unidentified person walks out the door of the Countrywide Home Loan offices, in Omaha, Neb., Thursday, Aug. 16, 2007. The nation's largest mortgage lender borrowed $11.5 billion from a group of 40 banks to fund loans, in a move that shows just how deep the lending crisis has become.
2007-08-17 11:49:03 -
National Bank Adjusts its Mortgage Rates (CCNMatthews via Yahoo! Finance)
MONTREAL, QUEBEC-- - National Bank has adjusted its rates for residential mortgages. The new rates are effective as of August 17, 2007.
2007-08-16 08:33:53 -
Turned Down for an Auto Loan? There are Options (Benton Evening News)
(ARA) - In the current climate of declining property values, higher interest rates, and changes in available mortgage products, more and more homeowners are becoming delinquent or going into foreclosure.
2007-08-17 02:09:49 -
Mortgage borrowers, brokers facing higher hurdles to home loans (St. Louis Post-Dispatch)
SAN FRANCISCO — Mortgage broker Ed Smith Jr. has been arranging house loans for 24 years, and it's never been tougher for him to close a deal than during the last few weeks of turmoil.
2007-08-18 03:18:32 -
Fed reacts to mortgage crisis with rate cut (Rocky Mountain News)
The Federal Reserve lowered the interest rate it charges banks and acknowledged for the first time Friday that an extraordinary policy shift is needed to contain the subprime-mortgage collapse that began roiling the world's financial markets two months ago.
2007-08-18 06:12:04 -
Mortgage mess creates lending drought (AP via Yahoo! News)
Mortgage broker Ed Smith Jr. has been arranging home loans for 24 years and it's never been tougher for him to close a deal than during the past few weeks of turmoil.
2007-08-17 11:34:45 -
Mortgage borrowers, brokers facing higher hurdles to home loans (Naples Daily News)
Mortgage broker Ed Smith Jr. has been arranging home loans for 24 years and it’s never been tougher for him to close a deal than during the past few weeks of turmoil. As more lenders collapse, the skittish survivors are raising their rates and changing the rules for getting a loan every few hours as they scramble to stay alive.
2007-08-18 01:09:01