Mortgage and Financial News From 2008-1-14 Page 9

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  • While Hoosier foreclosures climb to second in the nation, Monroe ... - The Herald-Times (subscription)

    While Hoosier foreclosures climb to second in the nation, Monroe ...The Herald-Times (subscription), IN - 14 minutes agoThe loans typically carry high interest rates. The Center for Best Practices said that in 2006, they constituted about one-fifth of all mortgage loans. ...
    2008-01-14 09:08:26

  • Inflation notions - Business Day

    Inflation notionsBusiness Day, South Africa - 5 minutes agoRaising interest rates is only a limited solution — the effects only kick in months down the line and there’s no telling how much or how little they will ...
    2008-01-14 09:18:05

  • Food cost increase adds £750 to annual bill (Daily Telegraph)

    Food prices are accelerating at their fastest rate since records began, fuelling a rise in the average family's shopping bill of £750 a year.
    2008-01-14 05:37:48

  • Early retirees try to fill gap in health coverage (USA Today)

    Denny Brown, a computer analyst in West Chester, Ohio, will turn 62 in August and hopes to retire by the end of the year. Financially, he's in good shape: He has a pension from a previous employer, profit-sharing through his current job and substantial savings. An amateur photographer, avid traveler and Civil War buff, he's eager to start the next chapter in his life.
    2008-01-14 06:39:55

  • Candidate Ron Paul Stumps in Downtown Reno (KTVN Reno)

    Only one well-known Republican is blitzing his way across the Silver State right now. Ron Paul went to breakfast Monday morning in Reno spreading his message about states' rights and reducing federal government.
    2008-01-14 07:12:21

  • Architecture Prof Proposes 'Green' Mobile Home (Newswise)

    When someone mentions a mobile home or "house trailer," the image usually doesn't make others green with envy. But "green" is exactly what Michael Berk, F.L. Crane Endowed Professor of Architecture at Mississippi State University, wants mobile homes to be.
    2008-01-14 08:47:57

  • Retailers Take Hit As Consumers Slash Spending (The Tampa Tribune)

    More evidence of a dramatic slowdown in consumer spending surfaced Monday, as Sears Holdings Corp. warned a drop in sales would result in a profit shortfall and the world's largest retail trade group issued a downbeat sales forecast for 2008.
    2008-01-14 09:05:25

  • UBS Faces Sevenfold Rise in Yield Spread on New Bonds (Update3)

    Bloomberg - ... to sell notes at yield premiums seven times higher than on securities issued in May, at the beginning of the subprime mortgage ... Moody's rates UBS at Aaa, its top investment-grade ranking. S&P grades the bonds two levels lower at AA. UBS is ...
    2008-01-14 09:00:00

  • Ashton Woods' losses mount, home orders and closings fall

    Atlanta Business Chronicle - The decline in the availability of mortgage financing continued to impact cancellation rates during the quarter resulting in the decline in net new home orders." Krobot noted the company sold 280 condominium lots in Orlando, Fla., during the second ...
    2008-01-14 03:48:00

  • Tips To Getting The Best Home Mortgage Arrangement

    Best Syndication - Don’t worry too much about rates. Although timing can factor into a good home mortgage deal, it’s best not to obsess about it too much. Concentrate more on how much you can spend for how long minus your debts. 4. Understand the different kinds of ...
    2008-01-14 01:32:00

  • Congress Faces War, Economy, Election

    Associated Press - Make Missoulian.com your home page Get Firefox! ... increasing security at seaports and airports, reducing student loan interest rates ... will also probably consider further steps to aid those hit by the subprime mortgage ...
    2008-01-14 06:11:00

  • Wall Street rises sharply after IBM results lift hopes for earnings ...

    Los Angeles Times - You are here: LAT Home > Business News ... will announce further capital injections to stanch bigger-than-feared mortgage ... Chairman Ben Bernanke has convinced investors the central bank will cut rates, and ...
    2008-01-14 01:04:00

  • Lenders tighten rules for mortgage customers

    Financial Times - ... will lend in response to growing fears of an increase in home repossessions this year as borrowers struggle with higher mortgage ... Meanwhile, some mainstream mortgage offers have become cheaper as lenders reduce rates in the wake of last month’s ...
    2008-01-14 06:40:00

  • Sovereign to Book $1.6B in 4Q Charges

    Chicago Tribune - An inverted yield curve -- when short-term interest rates are higher than long ... will come from losses on financing that Sovereign gave two unspecified mortgage ... Home > Business
    2008-01-14 01:25:00

  • Money-Market Rates in Dollars Drop Before Fed Auction (Update4)

    Bloomberg - Euro and pound rates also dropped. Short-term borrowing costs have fallen since Dec. 12, when central banks ... Merrill Lynch & Co. may report their worst-ever quarter this week amid $35 billion of writedowns linked to subprime-mortgage ...
    2008-01-14 07:27:00

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