Mortgage and Financial News From 2008-2-10 Page 48

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• Don't be taken in by teaser mortgage rates

  Stamford Advocate - You've seen them - those ads that promise introductory lower-than-market mortgage loans, credit card loans, and higher-than-market introductory interest on savings accounts. Stay away from them. These ticking time bombs are nothing but trouble and ...
  2008-02-10 01:55:00

• Ten reasons Dubai real estate will continue to boom - AME Info

  Ten reasons Dubai real estate will continue to boomAME Info, United Arab Emirates - 1 hour agoDubai mortgage rates are around 8.5 per cent and have yet to adjust to the recent US rate cuts, which they have to do because of the dollar peg to the ...
  2008-02-10 01:07:23

• 'For sale' signs create roadblocks for refinancing homes - Belleville News Democrat

  'For sale' signs create roadblocks for refinancing homesBelleville News Democrat,  USA - 1 hour agoGreat mortgage rates also have presented some would-be sellers with the opportunity to lighten their payment load by refinancing. ...
  2008-02-10 01:08:39

• Tax questions and answers - St. Louis Post-Dispatch

  Tax questions and answersSt. Louis Post-Dispatch,  United States - 1 hour agoI refinanced my home mortgage in 2007. Can I deduct the points I paid? Points paid to refinance an existing mortgage are usually deductible ratably over the ...
  2008-02-10 01:16:27

• Rebates might not spark big spending - Daily Breeze

  Rebates might not spark big spendingDaily Breeze, CA - 1 hour agoWhile it's still unclear if a recession is upon us, there is evidence that the collapse in the housing and mortgage markets has spilled over to the broader ...
  2008-02-10 01:17:47

• Coachella Valley Business replay for Feb. 10 - The Desert Sun

  Coachella Valley Business replay for Feb. 10The Desert Sun, CA - 59 minutes agoWith a total 6821 filings of mortgage default notices, auction sale notices and bank repossessions, the county had the third-highest foreclosure rate in the ...
  2008-02-10 01:19:22

• US Recession - Massive Credit Crunch Beating US Government and Fed ... - The Market Oracle

  US Recession - Massive Credit Crunch Beating US Government and Fed ...The Market Oracle, UK - 58 minutes agoDramatic interest rate cuts, an epic flood of liquidity, unprecedented intervention in the mortgage markets, almost $150 billion — or more — worth of tax ...
  2008-02-10 01:20:31

• Owners should do the math before refinancing home - The Tennessean

  Owners should do the math before refinancing homeThe Tennessean, TN - 49 minutes agoA prospective refinancer will also find that rates vary depending on how much they borrow and over what term. For example, a 15-year mortgage generally ...
  2008-02-10 01:29:33

• Letter: China bankrolls US budget deficit - Amarillo.com (subscription)

  Letter: China bankrolls US budget deficitAmarillo.com (subscription), TX - 47 minutes agoA better way to boost the economy would be for the mortgage and lending industry to go with recent interest-rate reductions and cut interest rates for ...
  2008-02-10 01:32:11

• All the signs show we're still shy of a recession - Asbury Park Press

  All the signs show we're still shy of a recessionAsbury Park Press, NJ - 42 minutes agoHouse prices were rising faster than the cost of carrying them (mortgage rates). Mortgage loans were available to anyone who asked. ...
  2008-02-10 01:37:06

• Trimming the hedges in 2008 - Worcester Telegram

  Trimming the hedges in 2008Worcester Telegram, MA - 40 minutes agoMost robust have been those hedge funds making global macro-economic bets on currencies, interest rates, commodities or foreign economies. ...
  2008-02-10 01:38:28

• Fed's rate cuts to pay off big-time for borrowers - San Jose Mercury News

  Fed's rate cuts to pay off big-time for borrowersSan Jose Mercury News,  USA - 32 minutes agoConventional mortgage rates tend to follow rates on long-term Treasury bonds, which fell further last week after the Fed acted. Already, rates on 30-year ...
  2008-02-10 01:47:00

• Some able to fight off foreclosure - Reno Gazette Journal

  Some able to fight off foreclosureReno Gazette Journal, NV - 10 minutes ago... said Shannon Churchwell of Sparks, whose monthly payments on a condo soared from $772 to $1700 last year as the result of an adjustable rate mortgage. ...
  2008-02-10 02:09:08

• 'LOANS ARE AVAILABLE': Avante offers incentives at Denali - Las Vegas Review - Journal

  'LOANS ARE AVAILABLE': Avante offers incentives at DenaliLas Vegas Review - Journal, NV - 10 minutes agoAvante Homes is offering buyers an opportunity to meet with a mortgage professional Feb. 13-15, from 3 to 6 pm, at its Denali neighborhood sales center at ...
  2008-02-10 02:09:12

• Rhodes Homes says buying at X-It is no more costly than paying rent - Las Vegas Review - Journal

  Rhodes Homes says buying at X-It is no more costly than paying rentLas Vegas Review - Journal, NV - 10 minutes agoThe most contemporary development built to date by Las Vegas-based Rhodes is offering incentives that make monthly mortgage payments nearly the same as ...
  2008-02-10 02:09:13

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