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Archive for September, 2007

Debt-laden homeowners paying credit cards before mortgage - Chicago Sun-Times

by @ Sunday, September 30th, 2007. Filed under Uncategorized

Debt-laden homeowners paying credit cards before mortgage
Chicago Sun-Times, United States - 4 hours ago
That partly explains why credit-card delinquencies have remained low -- despite the recent signs of trending up -- while banks and mortgage lenders are ...

Fixed-Rate Mortgages Gain Popularity - Korea Times

by @ Sunday, September 30th, 2007. Filed under Uncategorized

Fixed-Rate Mortgages Gain Popularity
Korea Times, South Korea - 5 hours ago
By Na Jeong-ju Commercial banks are expected to unveil more fixed-rate mortgage products to attract more borrowers amid rising money market rates, ...

Author clears up mortgage mysteries - Boston Globe

by @ Sunday, September 30th, 2007. Filed under Uncategorized

Author clears up mortgage mysteries
Boston Globe, United States - 6 hours ago
"Mortgage interest rates have been declining and loan availability is improving," said association president Pat V. Combs. "The abundant choice of homes is ...
Refinance decision keyed to savings Baltimore Sun
all 10 news articles

Who profits from interest rate cuts? - Salt Lake Tribune

by @ Sunday, September 30th, 2007. Filed under Uncategorized

Who profits from interest rate cuts?
Salt Lake Tribune, United States - 6 hours ago
The calls started trickling in to mortgage loan provider Veritas Funding in Murray almost immediately after the Federal Reserve announced its half-point ...
Credit markets Still gloomy Economist
Treasury official says markets on the mend Financial Times (subscription)
all 11 news articles

A third of mortgage borrowers 'pressured' into PPI sales - CityWire.co.uk

by @ Sunday, September 30th, 2007. Filed under Uncategorized

Firstrung

A third of mortgage borrowers 'pressured' into PPI sales
CityWire.co.uk, UK - 7 hours ago
More than one in three mortgage borrowers say that they felt pressured into taking payment protection insurance, a survey for market research firm Capital ...
PPI sales pressure on mortgage buyers is rife Fair Investment Company
Mortgage borrowers speak out on PPI sales Easier
Mortgage borrowers 'feel insurance pressure' London Stock Exchange
Motley Fool UK - Firstrung
all 13 news articles

Six Fingers of Blame in the Mortgage Mess - New York Times

by @ Saturday, September 29th, 2007. Filed under Uncategorized

New York Times

Six Fingers of Blame in the Mortgage Mess
New York Times, United States - 17 hours ago
By ALAN S. BLINDER SOMETHING went badly wrong in the subprime mortgage market. In fact, several things did. And now quite a few homeowners, investors and ...
Mortgage bailouts run into opposition Salt Lake Tribune
No sub-prime bailout warranted Kalamazoo Gazette - MLive.com
all 5 news articles

Thousands brace for mortgage rate jump - Boston Globe

by @ Saturday, September 29th, 2007. Filed under Uncategorized

Boston Globe

Thousands brace for mortgage rate jump
Boston Globe, United States - 20 hours ago
The number of mortgage rate resets will decline in 2008, but the amount is still sizable: 24650 adjustable-rate mortgages, with a total loan value of $5.2 ...
Finding Business Mortgage PR-GB.com (press release)
Taking the Fear Out of Interest-Rate Resets Huffington Post
Pick the Right Mortgage Kiplinger.com
Motley Fool
all 8 news articles

China mortgage-rate/downpayment hikes to have little market impact … - Forbes

by @ Friday, September 28th, 2007. Filed under Uncategorized

NDTV.com

China mortgage-rate/downpayment hikes to have little market impact ...
Forbes, NY - Sep 28, 2007
BEIJING (XFN-ASIA) - China's move to hike mortgage interest rates and down payments on second properties will do little to slow down the bubbling property ...
China Bank Ups Mortgage Interest Rates The Associated Press
China hikes mortgage rates, down payments MarketWatch
China confirms to raise interest rates, down payments on some ... Forbes
China Daily
all 105 news articles

PRO-CON: Should government respond to subprime mortgage crisis? YES - Kansas City Star

by @ Thursday, September 27th, 2007. Filed under Uncategorized

PRO-CON: Should government respond to subprime mortgage crisis? YES
Kansas City Star, MO - 3 hours ago
In the wake of high foreclosures and instability in the mortgage markets, HR 1852, the “Expanding American Homeownership Act of 2007,” revitalizes the ...
PRO-CON: Should government respond to subprime mortgage crisis? NO Kansas City Star
all 3 news articles

Struggling mortgage-holders defaulting on household bills - ABC Online

by @ Thursday, September 27th, 2007. Filed under Uncategorized

Struggling mortgage-holders defaulting on household bills
ABC Online, Australia - 3 hours ago
Many Australians are defaulting on smaller bills for utilities, all because they are so financially strapped by big mortgages (File photo). ...

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