Mortgage and Financial News From 2008-1-14 Page 10

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• Food cost increase adds £750 to annual bill - Telegraph.co.uk

  Food cost increase adds £750 to annual billTelegraph.co.uk, United Kingdom - 3 hours agoThe inflationary pressures also make it less likely that the Bank of England will provide any relief by cutting interest rates next month. ...
  2008-01-14 05:30:06

• Money Market with IBQ: Dollar woes continue - Peninsula On-line

  Money Market with IBQ: Dollar woes continuePeninsula On-line, Qatar - 2 hours agoFurthermore, demand for housing “seems to have weakened further, in part reflecting the ongoing problems in mortgage markets” and higher oil prices, ...
  2008-01-14 06:04:17

• Families braced for soaring shopping bills as food prices rise at ... - Daily Mail

  Families braced for soaring shopping bills as food prices rise at ...Daily Mail, UK - 2 hours agoThe cost of home-grown food ingredients jumped by 28 per cent over the same period, marking their biggest increase since records began in the early 1990s. ...
  2008-01-14 06:43:04

• Subprime Nation - VDARE.com

  Subprime NationVDARE.com, VA - 1 hour agoTo stave off recession, the Fed appears anxious to slash interest rates another half-point, if not more. That will further weaken the dollar and raise the ...
  2008-01-14 07:38:06

• Australian Bankers' Group Defends Mortgage Rates Rise Decisions - RTT News

  Australian Bankers' Group Defends Mortgage Rates Rise DecisionsRTT News, NY - 46 minutes ago1/14/2008 10:56:27 PM The Australian Banker's Association defended strongly their decisions to increase mortgage rates due to higher borrowing costs in the ...
  2008-01-14 08:13:57

• Mortgage fraud: New snake oils - Seattle Post Intelligencer

  Mortgage fraud: New snake oilsSeattle Post Intelligencer - 21 minutes agoUSA Today says: Low interest rates, rising home values and lax lending standards created what FBI financial crimes section chief Sharon Ormsby calls "the ...
  2008-01-14 08:38:24

• Don't Ignore The Assets - GuruFocus.com

  Don't Ignore The AssetsGuruFocus.com, TX - 14 minutes agoCompany A operates out of a fully-owned, zero-mortgage building; Company B leases office space. Because the annual property tax plus depreciation for ...
  2008-01-14 08:45:33

• Rudd Meets Australia's Central Bank on `Inflation Challenge' - Bloomberg

  Rudd Meets Australia's Central Bank on `Inflation Challenge'Bloomberg - 6 minutes agoRudd's government, which took power in November, said last week some Australian banks had imposed ``excessive'' increases in mortgage rates. ...
  2008-01-14 08:54:06

• This Election Year, A Different Tone (Hartford Courant)

  Presidential Races Usually Are Prosperous Times For Investors, But This Time It's Not So Good Presidential elections are typically prosperous times for investors.
  2008-01-14 07:00:34

• Homeowner Loses Insurance Because Of Neighbor (KMBC-TV Kansas City)

  A Wyandotte County man might be forced out of his home because of the proximity of the house next door.
  2008-01-14 07:31:24

• Australian Bankers' Group Defends Mortgage Rates Rise Decisions (Nasdaq)

  (RTTNews) - The Australian Banker's Association defended strongly their decisions to increase mortgage rates due to higher borrowing costs in the wholesale money market. The bank lobby group issued a statement on Tuesday, saying it sees no evidence that recent bank increases have been unjustified.
  2008-01-14 08:05:49

• Baby Boomer's' Concerns (WKBN 27 Youngstown)

  The need for social services continues to grow, but it seems the money to pay for them is dwindling. Traficanti Selected Mahoning County Commissioners choose their leaders for 2008.
  2008-01-14 08:09:09

• U.S. subprime crisis snags women (International Herald Tribune)

  In Baltimore, Maryland and elsewhere around the United States, subprime mortgages, which are driving the foreclosure rate, have gone disproportionately to women.
  2008-01-14 08:51:20

• Mortgage mayhem missing Cumberland (The Fayetteville Observer)

  The national foreclosure crisis of the past year was more like a blip in Cumberland County. While the number of U.S. foreclosures saw a huge spike in 2007, the number of Cumberland homeowners who lost their properties rose just 5 percent.
  2008-01-14 08:57:27

• Lenders raise deposits on buying homes

  Guardian Unlimited - Other lenders that have cut maximum loans include Yorkshire building society, Manchester building society and Egg. David Knight, a mortgage analyst at Moneyfacts.co.uk , said: "With mounting evidence that housing prices are cooling, combined with the ...
  2008-01-14 05:14:00

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