Mortgage and Financial News From 2008-2-10 Page 49

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  • When it comes to finances, assume nothing - GoErie.com

    When it comes to finances, assume nothingGoErie.com, PA - 9 minutes ago... topic of interest rates, I hope people who bought a home in the past few years have taken the time to truly read -- and I mean scour -- their mortgage ...
    2008-02-10 02:09:28

  • Financial rules of thumb aren't what they used to be - Mail Tribune

    Financial rules of thumb aren't what they used to beMail Tribune, OR - 9 minutes agoAs a result, consumers can get long-term savings by shaving a half percentage point or more from the mortgage or by keeping the rate, but shortening the ...
    2008-02-10 02:09:38

  • Norwalk kicks off budget process with BET - Stamford Advocate

    Norwalk kicks off budget process with BETStamford Advocate, CT - 2 minutes agoAnd because interest rates are going down, there is the concern that the investment income we've earned in the past will go down. ...
    2008-02-10 02:16:27

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

    When it comes to life's certainties, data revisions rank right up there with death and taxes.
    2008-02-10 01:51:01

  • U.S. economy on G-7's mind (Worcester Telegram & Gazette)

    TOKYO - The world's top economies yesterday promised coordinated action to restore confidence in global markets as financial turmoil slows U.S. growth, but with each country having different priorities, they didn't offer a specific remedy.
    2008-02-10 01:51:06

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

    For many Americans, the effects of the Federal Reserve's aggressive rate cut will be swift and striking.
    2008-02-10 01:55:56

  • Dashed dreams (The Oakland Press)

    Life was looking up for Kris Gilbert. In December 2004, the single mother of two became a first-time homeowner. She'd been discharged from the military and was engaged to be married.
    2008-02-10 02:06:39

  • Low interest rates boost Mid East bank profits (AME Info)

    The fall in US interest rates to three per cent is designed to bail the US banking system out of its credit crunch and sub-prime crisis.
    2008-02-10 02:08:17

  • Don't be taken in by teaser mortgage rates (Norwalk 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 perhaps should be made illegal.
    2008-02-10 02:11:26

  • Some able to fight off foreclosure (Reno Gazette-Journal)

    Residents who have gone through home foreclosures compare the experience to an earthquake, a flash flood or even a death in the family.
    2008-02-10 02:17:24

  • Good credit best way to score new house

    Columbus Dispatch - Fannie Mae and Freddie Mac, the two companies that provide the money for most mortgage loans, no matter which bank actually makes the loan, are making borrowers of 30-year loans pay a surcharge if their credit scores are below 680 and they have less ...
    2008-02-10 12:36:00

  • D.C. Notes

    Pittsburgh Post-Gazette - While the nation's mortgage companies may be reeling from the subprime mess they created, the industry has managed to find enough cash to dole out to influence lawmakers and the political parties. Last year, mortgage lenders spent $32 million on ...
    2008-02-09 08:54:00

  • Facing the future

    Rutland Herald - Of more significance is that the 12 remaining banks headquartered in the state steered cleared of subprime mortgages — loans made by mortgage companies to less credit worthy home buyers. "It appears that their earnings have held up and the loan ...
    2008-02-09 11:53:00

  • Court limits fees charged with mortgage

    Morning Call - The case, which now goes back to the district court, is the latest in a long-running battle pitting realty, mortgage and title companies against consumers protesting so-called ''junk fees'' and settlement sheet add-ons. The Department of Housing and ...
    2008-02-10 12:07:00

  • 2 top managers see top returns from India

    Seattle Times - They have 15 percent of the $11.5 billion mutual fund invested in Indian companies, including mortgage lender Housing Development Finance and wireless operator Bharti Airtel. That compares with a 1 percent allocation in Asia's emerging markets for ...
    2008-02-10 12:07:00

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