Mortgage and Financial News From 2007-9-21 Page 01

RSS Feed

Previous Day: 2007-09-20

Return to the mortgage news archive home.

Page:  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
 16 17 18 19 20 21 - 40

  • The Fed's Irresponsible Move

    BusinessWeek - Yet, except in cases of outright fraud, most buyers knew interest rates would reset and mortgage payments would go up. Or at least it was ... If your home's price goes up, great. If it goes down, you claim to be a victim, and society compensates you for ...
    2007-09-21 10:39:00

  • Euro hits all-time high against U.S. dollar

    Globe and Mail - Home   National British Columbia Prairies Ontario Quebec Atlantic Politics World Americas ... board member Lorenzo Bini Smaghi said constant commentary on exchange rates from ... that global financial losses stemming from disarray in the U.S. subprime mortgage ...
    2007-09-21 04:10:00

  • Fed Chairman Bernanke offers Congress assurances on mortgage crisis

    Los Angeles Times - Home & Garden ... assurances that regulators would take steps to curb fallout related to the mortgage ... Bernanke did not offer new clues about the Fed's next move on interest rates. The ...
    2007-09-20 09:05:00

  • Dollar Tumbles to New Low Vs. the Euro

    Forbes - Home Business Tech Markets Entrepreneurs Leadership Personal Finance ForbesLife Lists ... for the European Central Bank to follow the Federal Reserve and cut interest rates ... market turbulence in the U.S. and elsewhere in the fallout from the subprime mortgage ...
    2007-09-21 01:57:00

  • RBC Fires Bond Salespeople in `Challenging Market' (Update3)

    Bloomberg - Bond traders in the U.S. are losing or leaving their jobs as losses sparked by defaults on subprime mortgage securities spread ... changes, RBC this week named Powis, 44, head of sales after previously serving as head of U.S. structured credit and rates ...
    2007-09-21 02:40:00

  • More mortgage stress

    News.com.au - INCREASING numbers of home owners could suffer from mortgage stress if global economic conditions deteriorate. This could mean more house ... A report this week predicted that an increase in bank lending rates would raise the number of Australian ...
    2007-09-21 07:40:00

  • Fixed-rate mortgage cost cut (Channel 4)

    The Woolwich has became the latest lender to announce it was cutting the cost of its fixed-rate mortgages. But unlike a number of other lenders, the group said it did not plan to increase the rates it charged on its tracker home loans despite the current turmoil in credit markets.
    2007-09-21 05:16:41

  • Ross to Buy American Home Unit, Expand in Mortgages (Update3) (Bloomberg.com)

    Sept. 21 (Bloomberg) -- Wilbur L. Ross Jr., who became a billionaire by investing in bankrupt steel companies, offered to pay at least $435 million for a unit of American Home Mortgage Investment Corp. and said he plans to ``get into all aspects of the mortgage industry.''
    2007-09-21 01:34:43

  • Mortgage Giants Aim to Reduce 'Jumbo' Rates (TheStreet.com)

    Fannie Mae and Freddie Mac argue for lifting the $417,000 limit on home loans they can buy.
    2007-09-21 10:05:18

  • Mortgage rates don't follow Fed (Seattle Post-Intelligencer)

    Yes, the Federal Reserve cut short-term rates. No, that doesn't mean that mortgage rates will inevitably go down, especially in the short term.
    2007-09-21 06:01:03

  • GE introducing home loans at lowest rates

    IBN LIve - GE introducing home loans at lowest rates Faye D'Souza / CNN-IBN ... Wizard Home Loans a joint venture between GE money and Australia's mortgage major -Wizard, hopes to bag 30 per cent of the ...
    2007-09-21 09:11:00

  • 'Marketplace' Report: Dipping Dollar Not All Bad

    NPR News - Travel from the United States fell to its second-lowest level in 35 years in July ... The trigger at the moment is really that we do have those subprime mortgage problems ... European interest rates are higher than in the U.S., making Europe a more ...
    2007-09-21 01:07:00

  • Yen Falls Versus Euro, Dollar as Investors Seek Riskier Assets

    Bloomberg - It set a record low today on speculation the Fed will cut rates further to spur ... against six primary peers including the euro and yen, touched 78.398, the lowest ... 61 per dollar last month, the strongest since May 2006, as losses from U.S. mortgage ...
    2007-09-21 01:43:00

  • National business briefs: Mortgage rates edge up

    Kansas City Star - Freddie Mac , the mortgage company, reported Thursday that 30-year fixed-rate mortgages averaged 6.34 percent this week, up slightly from last week’s 6.31 percent, which had been the lowest level since May 17. Frank Nothaft, chief economist at ...
    2007-09-19 05:55:00

  • Australian dollar targets US90c

    News.com.au - ... 1 per cent to almost US87c after US Fed chairman Ben Bernanke cut interest rates ... US dollar drop against most of its major trading partners, including to its lowest ... 36c in July but the credit crunch caused by the meltdown of the sub-prime mortgage ...
    2007-09-21 06:07:00

Page:  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
 16 17 18 19 20 21 - 40