Mortgage and Financial News From 2008-2-10 Page 42

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  • Time to buy? -- Debate on about whether market is ripe for buyers - North County Times

    Time to buy? -- Debate on about whether market is ripe for buyersNorth County Times, CA - 6 hours agoThough this does not directly affect mortgage rates, rate reductions typically encourage banks to offer mortgages at lower interest rates. ...
    2008-02-09 10:32:44

  • Wall Street closes mixed on anxieties about economy - Jerusalem Post

    Wall Street closes mixed on anxieties about economyJerusalem Post, Israel - 5 hours agoBy AP Stocks finished a dismal week with a mixed performance Friday as investors grappled with fears about insurers of distressed mortgage-backed bonds and ...
    2008-02-09 11:45:19

  • Builders scale back in county - Spartanburg Herald Journal (subscription)

    Builders scale back in countySpartanburg Herald Journal (subscription), SC - 4 hours ago"Mortgage rates are at historical lows, and interest rates are down. I would say that our market is back to a healthy, consistent, manageable level. ...
    2008-02-10 12:18:00

  • Area foreclosures smash old record - Monroenews.com

    Area foreclosures smash old recordMonroenews.com, MI - 3 hours agoA 30-year, fixed-rate mortgage now can be had at rates ranging from 5.5 to 6 percent, and there's renewed interest in government-backed mortgages. ...
    2008-02-10 01:03:39

  • Guest Commentary: Prospective homebuyers may want to act now - Herald Times Reporter

    Guest Commentary: Prospective homebuyers may want to act nowHerald Times Reporter, WI - 2 hours agoSecond, if mortgage rates head higher while you're waiting, or some other aspect of your financing changes, you could easily wind up spending more than if ...
    2008-02-10 02:28:19

  • Ardis, Peoria ready to make college promise - Peoria Journal Star

    Ardis, Peoria ready to make college promisePeoria Journal Star, IL - 1 hour ago"But then we had this mortgage crisis nationally, so you can't even hardly sort it out anymore. It's too complex. There's too many variables now. ...
    2008-02-10 03:02:38

  • Increasingly, pets become the other mortgage-crisis victims - Louisville Courier-Journal

    Increasingly, pets become the other mortgage-crisis victimsLouisville Courier-Journal, KY - 1 hour agoHome sales are plunging to their lowest level in decades, and new homeowners are often the most likely to seek pets. A recent survey showed that many ...
    2008-02-10 03:06:16

  • Recession handbook - Peoria Journal Star

    Recession handbookPeoria Journal Star, IL - 1 hour agoConsider refinancing your home mortgage while the Federal Reserve is holding rates down, especially if you have an expensive or risky loan now. ...
    2008-02-10 03:08:52

  • Local economy improved in fourth quarter - Waterloo Cedar Falls Courier

    Local economy improved in fourth quarterWaterloo Cedar Falls Courier, IA - 17 minutes ago"With the (mortgage) interest rates, the economy's still good, the employment is still good, there's just a lot of positive things. ...
    2008-02-10 04:42:55

  • Time to buy? -- Debate on about whether market is ripe for buyers (The Californian)

    Buy now or wait? That is the question many potential homeowners face as the region continues to trudge through a housing depression that leaves them wondering how much further home prices will fall.
    2008-02-09 10:27:40

  • On rate cuts and mortgages (Everett Herald)

    Question: We've been following the mortgage rates because we want to refinance our mortgage. The Federal Reserve cut interest rates twice last month. The first time they cut rates, mortgage rates came down.
    2008-02-10 12:03:12

  • Increasingly, pets become the other mortgage-crisis victims (Louisville Courier-Journal)

    The house was ravaged -- its floors ripped, walls broken and lights smashed by owners who trashed their home before a bank foreclosed on it. Hidden in the wreckage was an abandoned member of the family: a starving pit bull.
    2008-02-10 03:01:50

  • Local economy improved in fourth quarter (Waterloo-Cedar Falls Courier)

    Local economy improved in fourth quarter By PAT KINNEY Courier Business Editor WATERLOO --- The Black Hawk County economy was climbing back on track during the fourth quarter of 2007.
    2008-02-10 04:18:55

  • Poll says to get out of recession, get out of Iraq (Watertown Daily Times)

    WASHINGTON (AP) - The heck with Congress' big stimulus bill. The way to get the country out of recession - and most people think we're in one - is to get the country out of Iraq, according to an Associated Press-Ipsos poll.
    2008-02-10 04:50:24

  • Spending more to rein in slowdown

    Gulf News - Mischievous" mortgage brokers made a mint providing inappropriate loans on home purchases. Paraphrasing Professor Bluestone ... on its severity, a recession could add 1.6 to 3.5 percentage points to the 2006 poverty level of 12.3 per cent, calculate ...
    2008-02-09 09:08:00

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