Mortgage and Financial News From 2007-9-19 Page 15

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  • Mortgage lenders tighten their policies: credit crunch hits home

    Daily Telegraph - As Northern Rock turns to the Bank of England and lenders put up rates, Emma Simon and Teresa Hunter tell us how to escape the impact by securing a better deal The credit crunch hit mortgage markets last week as Northern Rock was forced to go cap in ...
    2007-09-19 12:19:00

  • Europe's Post-Fed Party

    Forbes - Home Business Tech Markets Entrepreneurs Leadership Personal Finance ForbesLife Lists ... surprisingly aggressive, 0.5 percentage point cut to American interest rates ... Northern Rock (other-otc: NHRKF - news - people ), the mortgage ...
    2007-09-19 11:50:00

  • Treasury 10-Year Notes Fall for Third Day on Inflation Outlook

    Bloomberg - ... notes fell for a third day as investors speculated inflation will accelerate after the Federal Reserve cut interest rates ... He recently sold Treasuries to fund purchases of high-yield and mortgage debt. Housing Starts Builders in ...
    2007-09-19 12:48:00

  • The Day After, Fed Looks Savvy

    Forbes - Home Business Tech Markets Entrepreneurs Leadership Personal Finance ForbesLife Lists ... The true impact of the Federal Reserve's Tuesday decision to cut interest rates ... have argued though that a rate cut bails out the irresponsible, like lax mortgage ...
    2007-09-19 01:38:00

  • Rate Cuts From The Bank Of England?

    Forbes - Home Business Tech Markets Entrepreneurs Leadership Personal Finance ForbesLife Lists ... Even as late as August, analysts expected another interest rates hike from the ... Northern Rock, a British mortgage lender, triggered a crisis of confidence in British ...
    2007-09-19 01:38:00

  • WRAPUP 2-U.S. home starts hit 12-yr low, CPI dips in August

    Reuters - Fresh mortgage application data showed home owners who are facing steep mortgage payment increases were rushing to refinance at more affordable rates. The Mortgage Bankers Association said applications rose for a third straight week and its ...
    2007-09-19 10:10:00

  • Butte Community Bank Launches Online Home Loan Center

    Forbes - CHICO, Calif., Sept. 19 /PRNewswire-FirstCall/-- Butte Community Bank today announced the launch of their online Home Loan Center with secure mortgage application. The powerful new functionality gives users the ability to research interest rates ...
    2007-09-19 10:24:00

  • Regulators ease limits on Fannie Mae's mortgage (Denver Post)

    Washington — The government nudged higher the investment caps for home-loan finance companies Fannie Mae and Freddie Mac today in an effort to alleviate strain in the mortgage market.
    2007-09-19 09:25:45

  • Falling home prices hurt borrowers, neighbors (CNN Money)

    If home prices fall as forecast, the $23 trillion housing market could lose $3 trillion in value by August 2008, a leading housing economist and former mortgage bank president told lawmakers on Wednesday.
    2007-09-19 12:55:22

  • Butte Community Bank Launches Online Home Loan Center (PR Newswire via Yahoo! Finance)

    Butte Community Bank today announced the launch of their online Home Loan Center with secure mortgage application. The powerful new functionality gives users the ability to research interest rates, compare loan products and even apply for a mortgage online.
    2007-09-19 10:21:00

  • Australian Govt warns banks not to raise home rates (Stuff)

    Australia's Treasurer Peter Costello has warned the country's major banks not to raise their mortgage rates to maintain margins in the face of higher borrowing costs in markets.
    2007-09-18 08:19:33

  • UPDATE 1-Australia govt warns banks not to raise home rates (Reuters Finance News, Australia via Yahoo!7 Finance)

    SYDNEY, Sept 19 (Reuters) - Australia's Treasurer Peter Costello on Wednesday warned the country's major banks not to raise their mortgage rates to maintain margins in the face of higher borrowing costs in markets.
    2007-09-18 06:20:03

  • Consensus On Maintaining Interest Rates Unchanged At BoE's September ...

    RTT News - Consensus On Maintaining Interest Rates Unchanged At BoE's September Meeting [] ... Inflation slipped further to 1.8% in August, the lowest level of inflation since ... The expected losses from mortgage defaults in the U.S. were relatively small compared ...
    2007-09-19 08:08:00

  • Twin economic threats challenge Fed

    Financial Times - ... that have shaken confidence since policymakers last gathered to set interest rates ... The index, due out late yesterday, has reached its lowest level since the last ... with a loan-to-value ratio today of 80 per cent could find themselves with a mortgage ...
    2007-09-19 06:35:00

  • Subprime layoffs head for record

    CNN Money - The lowest month for layoffs was July, with 2,180. Layoffs have come from lenders large and small. Countrywide Financial ( ... Find mortgage rates in your area . ...
    2007-09-19 09:42:00

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