Mortgage and Financial News From 2007-12-2 Page 14
Previous Day: 2007-12-01
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Rate cut urged to end the gloom
Times Online - Three-month Libor (London interbank offered rate), at which banks lend to each other, hit nearly 6.6% last week ... It emerged that the US Treasury department has begun a campaign to persuade banks to freeze interest rates on sub-prime loans that are ...
2007-12-01 04:55:00 -
Google to Bid for Wireless Spectrum
Chicago Tribune - Google has a vested interest in ensuring wireless networks are more accessible to all kinds of handheld devices. The company ... He cited Japan, China and South Korea as prime targets for Google's mobile expansion. More articles Copyright 2007 Associated ...
2007-11-29 03:53:00 -
Subprime savior plan thorny for investors
Reuters - But it could reach too far and halt payments on high interest rate loans and undermine investors who took risks for their subprime lending and expected to get paid for it. It is also too early for many investors to judge the plan without ...
2007-11-29 03:53:00 -
In whose interest
Economic Times - ... calculated and why ‘rising inflation’ and ‘high liquidity’ lead to a spiral increase in your interest rates, then here is the key that will help you unlock the mysteries surrounding home loans. A bank/ HFC decides its prime lending rate ...
2007-12-02 03:53:00 -
Treasury Department pushes for U.S. subprime rate freeze
International Herald Tribune - Treasury Department is leaning on mortgage lenders to temporarily freeze the interest ... few of them would be able to switch to a conventional mortgage with a lower rate ... Former Prime Minister Nawaz Sharif returned to Pakistan after eight years to a ...
2007-12-02 04:15:00 -
Stocks expected to open flat on Monday (The West Australian)
The Australian stock market is expected to open flat on Monday, with little direction from Wall Street as United States investors grapple with the probability of another interest rate cut.
2007-12-01 05:22:52 -
Rate cut urged to end the gloom (Times Online Sunday)
PRESSURE is growing on the Bank of England to cut interest rates this week as gloom over the economy intensifies.
2007-12-01 03:40:46 -
Seven-year US rate freeze plan (Herald Sun)
MORTGAGE industry executives are hammering out the details of a homeowner rescue plan that would freeze interest rates on some US sub-prime mortgages for up to seven years.
2007-12-01 05:00:00 -
Quitclaim deeds have their limits
Everett Herald - In the case of a refinance, title insurance insures clear title up to the date that the new mortgage loan closes. Unless you purchased a new title insurance policy when your wife recorded the quitclaim deed adding you to the title on the property ...
2007-12-01 11:50:00 -
'Unanimous backing' for Galileo
Tehran Times - The transport ministers, meeting in Brussels, have now approved a plan to remodel the project, and refinance it solely from the EU budget, using spare - primarily agriculture - funds. The other key area to be resolved by the Transport Council ...
2007-12-02 04:36:00 -
Origins & consequences
Denver Post - ... lending has enabled millions of Americans to buy homes, many for the first time, or to refinance their homes to pay off medical, auto or credit-card debt. "Lenders (also) started using subprime to get middle-income people in high-priced markets into ...
2007-12-02 04:22:00 -
Neil Downing: You can’t enroll in 2 Medicare drug plans at the same ...
Providence Journal - For more information, read the “Medicare & You” booklet that was recently mailed to Medicare beneficiaries. ... It also offers tips for people who are searching for a new mortgage loan or seeking to refinance. It explains some of the different types ...
2007-11-30 08:02:00 -
Mobile center provides help to those facing foreclosure
Tahoe Daily Tribune - ... putting the pinch on borrowers and banks alike," said Christopher Oswald, Mortgage ... She said the information she received from representatives helped. The woman declined ... FHA Secure allows people with adjustable-rate mortgages to refinance their loans ...
2007-11-28 03:54:00 -
Whipping your finances into shape
South Coast Today - But again, you can certainly keep more information this way than longhand on a sheet of paper. You don't need a ... REFINANCE YOUR MORTGAGE Consider this step if, and only if, you're going to be living in your home for at least two more years, Mr.
2007-12-01 09:55:00 -
Lenders rushing to polish up their reverse mortgage offerings
Orlando Sentinel - Seniors can now find loans with fixed rates, for example, whereas before only adjustable rates were available. Mortgage brokers, the loan pros who originate -- but do not fund -- about half of all home loans, are also eyeing the reverse-mortgage market
2007-12-02 01:09:00