Mortgage and Financial News From 2008-5-24 Page 2
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Tens of thousands could face negaativy equity by end of year - Times Online
Up to 100,000 homes could be pushed into negative equity by the end of this year because of the credit crunch, the Council of Mortgage Lenders (CML) stated last week While this was far more optimistic than a recent Morgan Stanley prediction that as ...
2008-05-24 01:01:00 -
U.S. mortgage rates unchanged on Friday - BestInfo - Reuters
NEW YORK, May 23 (Reuters) - The average rate on a 30-year U.S. mortgage with no upfront points was unchanged on Friday at 6-1/8 percent, according to BestInfo Inc. If the mortgage market on Tuesday continues in its current direction, rates may ...
2008-05-23 11:58:00 -
Inflation pressures set to push up interest rates (The Herald)
Business Day. Nairobi. The current inflationary pressures that are fuelled by a sustained increase in cost of oil and food commodities could lead to a rise in market interest rates, a banker has warned.
2008-05-24 11:51:50 -
US consumers feel at the mercy of events (Times Online)
If you are having difficulty reading the conflicting signals coming out of the American economy, you are not alone. Consider this: a Los Angeles Times/Bloomberg poll shows that 78% of Americans think we are in an economic recession.
2008-05-24 04:08:22 -
Will you get a good deal if lenders can read your mind? (Independent)
Nervous mortgage lenders are wielding a new and invisible weapon in their quest to drive away "high-risk borrowers" – even if they are already loyal customers. This is according to new research from mform.co.uk, the mortgage information service, which highlights the growing use of customer profiling among lenders.
2008-05-24 04:13:41 -
Australian shares close lower on inflation worry - UPDATE - Forbes
SYDNEY (Thomson Financial) - Australian shares closed lower on Friday on broad-based selling as investors worried about a slowing global economy and weakening domestic demand as high fuel and food prices begin to bite. Resources stocks led the market ...
2008-05-23 12:52:00 -
Outlast Housing Crisis With Our Special Section (WFTV 9 Orlando)
With home sales slumping, foreclosures skyrocketing and an economy bordering a recession, gain some insight on how to sell, refinance or keep your home. You'll find everything mortgage in our special section.
2008-05-24 07:49:51 -
Fly now, pay later has students in the lurch (The Florida Times-Union)
With desires on a $100,000-a-year job as a helicopter pilot, James Curvier of Orange Park went to a seminar in Jacksonville in 2006 with his wife to learn how it could be accomplished.
2008-05-24 09:23:17 -
Dow sees crude prices hurting US economy - ABS-CBN
NEW YORK - The soaring cost of crude oil, coupled with the ongoing crisis in the housing market is pressuring the US economy and changing consumer behavior, Dow Chemical Co Chief Executive Andrew Liveris, said in an interview on Friday. "Inflationary ...
2008-05-24 02:46:00 -
Man indicted in neighbor's shooting death - St. Petersburg Times
The man accused of shooting his Angus Valley neighbor, possibly over a missing PlayStation 3, was indicted on a first-degree murder charge late Wednesday, according to the Pinellas-Pasco State Attorney's Office. Edward Keith Stoddard Jr., 28, is ...
2008-05-22 02:51:00 -
American Speeches - American Reporter
"We the people, in order to form a more perfect union." Two hundred and twenty one years ago, in a hall that still stands across the street, a group of men gathered and, with these simple words, launched America's improbable experiment in democracy ...
2008-05-24 02:06:00 -
Reverse Mortgage Rescues Retirees from Foreclosure In communities all ... - dBusinessNews.com
Health WorldNet, Inc. Launches New Web Portal for Health & Medical Resources HUNTINGTON BEACH -- Health WorldNet, Inc. announces the launch of ... Grubb & Ellis Healthcare REIT Acquires Amarillo Hospital Property in Amarillo, Texas SANTA ANA -- Grubb ...
2008-05-22 05:14:00 -
Forget about getting a no-doc loan these days (MENAFN)
Forget about getting a no-doc loan these days
2008-05-23 03:03:50 -
Davie: Homeowners workshop to focus on finance options (Sun-Sentinel)
U.S. Rep. Debbie Wasserman Schultz, D-Weston, is hosting a Homeowner Assistance Workshop at 6:30 p.m. Tuesday in the school cafeteria at Fox Trail Elementary, 1250 Nob Hill Road.
2008-05-24 02:55:27 -
Existing home sales drop in April by 1 percent - Newsday
WASHINGTON - Existing home sales fell for the eighth time in the past nine months, a string of weakness expected to continue as the housing industry, mired in its worst slump in decades, battles falling home prices, tight lending conditions and a ...
2008-05-23 01:38:00