Mortgage and Financial News From 2007-9-17 Page 19

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  • Stocks Fall As Rate Decision Looms

    Forbes - ... ahead of the Federal Reserve's Tuesday decision on interest rates. The ... uncertain about how badly the summer's stock downturn, souring home loans, and credit squeeze hit the banking industry. So as Northern Rock PLC, Britain's fifth-largest mortgage ...
    2007-09-17 09:37:00
  • Interest rates interest everyone

    Times Union - ... the Fed meets," said Darin Hardin, owner of San Clemente, Calif.-based Coastal Hills Mortgage Inc. "People have been assuming for the past six months that rates ... 50% off Times Union home delivery. Subscribe today!
    2007-09-17 01:51:00
  • Hovnanian cuts prices of homes

    Philadelphia Inquirer - Gumbinger found the sale remarkable, given low mortgage rates. "You wouldn't think there is a need to go to the marketplace with such discounts," he said. "This is a pretty good indication from a prominent home builder that the market is troubled." ...
    2007-09-17 06:02:00
  • New words for new world

    Xinhua News Agency - ... pop culture and the use of English have prompted education authorities to add 171 terms to the national language registry, including those that describe mortgage slaves and loose marital arrangements. Economic reforms and soaring rates of home ...
    2007-09-16 11:21:00
  • Most Popular

    Marketwatch - ... U.S. stocks drop ahead of FOMC Greenspan says tried but failed to raise U.S. mortgage rates Will cellphones give Garmin competition? Falling home prices could ... Intraday data provided by Comstock , a division of Interactive Data Corp. and subject to ...
    2007-09-17 07:57:00
  • Northern Rock pulls FTSE down nearly 2 pct

    Reuters - Greenspan said in an interview with The Daily Telegraph that Britain faced higher interest rates and inflation, and there were "difficulties" ahead for British home owners. Northern Rock's fellow mortgage lenders also suffered, with Alliance ...
    2007-09-17 07:57:00
  • Oil prices fall on profit taking

    Globe and Mail - Home   National British Columbia Prairies Ontario Quebec Atlantic Politics World Americas ... Ben Bernanke and his colleagues will determine their next move on interest rates ... had been worried that credit tightness resulting from problems in the U.S. mortgage ...
    2007-09-17 04:50:00
  • The credit crunch hits home

    Daily Telegraph - As Northern Rock turns to the Bank of England and lenders put up rates, Emma Simon and Teresa Hunter tell us how to escape the impact by securing a better deal The credit crunch hit mortgage markets last week as Northern Rock was forced to go cap in ...
    2007-09-17 09:22:00
  • Should I postpone selling my home?

    Boston Online - A precipitous drop in interest rates could create a catalyst if buyers perceive an opportunity to buy a well-priced home with a low-interest-rate mortgage. Absent an outside stimulus, sellers need to provide an enticing incentive to motivate a buyer ...
    2007-09-17 05:33:00
  • U.S. Stocks Retreat on Credit Concern; JPMorgan, Microsoft Fall

    Bloomberg - U.S. stocks climbed Sept. 14 on rising commodity prices and speculation the Federal Reserve will lower interest rates at ... Northern Rock, the U.K. mortgage lender bailed out by the Bank of England last week, tumbled to a seven-year low in London as ...
    2007-09-17 07:42:00
  • Lending, real estate still strong in North Dakota

    Bismarck Tribune - Lending, real estate still strong in North Dakota - Mortgage and real estate markets ... In fact, North Dakota had the second lowest foreclosure rate in the nation in July ... Real estate continues to prove to be a smart investment, and interest rates are ...
    2007-09-17 07:57:00
  • Asian Stocks Decline; Samsung Falls on Probe, BHP Drops on Oil

    Bloomberg - ... Electronics Co., the world's biggest maker of NAND flash memory, fell to the lowest ... to a record in China, where the central bank on Sept. 15 raised interest rates for ... percent on Sept. 14 on growing concern that bank earnings will be reduced by mortgage ...
    2007-09-17 03:24:00
  • Hovnanian Enterprises Announces Successful Preliminary Sales Results ...

    Forbes - ... level of started, unsold homes in each community, and the weekend sales should result in one of the lowest ... building, sales and customer financing processes and the environment, (6) fluctuations in interest rates and the availability of mortgage ...
    2007-09-17 09:01:00
  • Credit card issuers pushing up interest rates

    Fort Lauderdale Sun-Sentinel - The Stritches got a Capital One card several years ago because it offered the lowest rate. "The ... said the rate increase has been in the works for months and is unrelated to problems affecting the mortgage market. She said the customers' rates ...
    2007-09-17 05:12:00
  • Treasuries Little Changed on Outlook for Quarter-Point Fed Cut

    Bloomberg - Money-market rates fell, easing concern companies will find it hard to borrow ... Bankers' Association fell 8 basis points last week to 5.65 percent, the lowest this ... The country's third-largest mortgage provider sought emergency funding from the Bank ...
    2007-09-17 04:36:00