Mortgage and Financial News From 2007-12-2 Page 15
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Interest rates fall, but that may not be enough
Minneapolis Star Tribune - Low-fare air battles bypass Twin Cities Interest rates fall, but that may not be enough Women's warrior Medtronic will face high court Amid the depressed housing market there's some good news: Mortgage interest rates last week dipped to 6.1 percent ...
2007-11-30 03:59:00 -
Plan aims to extend low rates on troubled mortgages
Lansing State Journal - WASHINGTON - The Bush administration and the mortgage industry, trying to combat a massive wave of foreclosures, are hammering out a proposal to temporarily freeze interest rates on certain troubled subprime mortgages. If adopted, it would be the ...
2007-12-02 12:54:00 -
7 signs to signal a market recovery
AZCentral.com - Thirty-year mortgage rates drop to 6 percent. The average 30-year rate is 6.10 this week, according to Freddie Mac. Pretty close. • Affordability improves dramatically. The median Valley home price fell to $242,000, its lowest level since 2005. That ...
2007-12-02 01:02:00 -
Mortgage crisis tarnishes Las Vegas boomtown image
Boston Globe - ... buyers who would not be approved for mortgages under normal standards, either because they had bad credit or lacked the financial records - such as proof of income - to get a standard mortgage. Homebuyers were lured by initially low interest rates ...
2007-12-02 01:44:00 -
Bush, industry plan fix for mortgage crisis (Houston Chronicle)
The Bush administration and the mortgage industry, trying to combat a massive wave of foreclosures, are hammering out a proposal to temporarily freeze interest rates on certain troubled subprime mortgages. If adopted, it would be the biggest action taken to cope with the unfolding crisis.
2007-12-01 07:38:09 -
GLOBAL MARKETS-Stocks up, bonds slip on rates, mortgage plan (Reuters via Yahoo! Singapore News)
NEW YORK, Nov 30 - U.S. stocks gained and bond prices declined on Friday as financial markets were moved byconvictions the Federal Reserve will cut interest rates in two weeks and news that the U.S. government is working on plans to help homeowners recover from the subprime mortgage crisis.
2007-11-30 12:52:50 -
30-year mortgage rates hit 2-year low (Denver Post)
National mortgage rates fell sharply last week, with rates on 30-year mortgages dropping to the lowest level in more than two years.
2007-12-02 12:14:27 -
Attempted murder charges in shooting of officer, another
Minneapolis Star Tribune - Ohio slaying suspect arrested Minneapolis activist wins $3 in free speech case Attempted murder charges in shooting of officer, another Outcry over Minneapolis detective's transfer grows Mortgage firm is focus of Hennepin Co. fraud probe A man who ...
2007-11-28 03:54:00 -
ARTof theCON
Philadelphia Inquirer - ... its roof had to be cut flat halfway up to meet Tredyffrin Township's height restrictions. Grossman pleaded guilty to fraud ... He was really pressuring me to mortgage my house. He was saying, 'I won't let you leave.' " Meanwhile, as Luc Sonnet, he was ...
2007-12-02 12:04:00 -
Minneapolis activist wins $3 in free speech case
Minneapolis Star Tribune - Ohio slaying suspect arrested Minneapolis activist wins $3 in free speech case Attempted murder charges in shooting of officer, another Outcry over Minneapolis detective's transfer grows Mortgage firm is focus of Hennepin Co. fraud probe As two ...
2007-11-28 03:54:00 -
Findings due in Craigslist killing
Minneapolis Star Tribune - Cab driver's murderer gets life in prison Findings due in Craigslist killing Mortgage firm is focus of Hennepin Co. fraud probe Coon Rapids: Planning for center gets go-ahead Dancers take big step -- to China A grand jury considering more serious ...
2007-11-28 03:54:00 -
Outcry over Minneapolis detective's transfer grows
Minneapolis Star Tribune - Ohio slaying suspect arrested Minneapolis activist wins $3 in free speech case Attempted murder charges in shooting of officer, another Outcry over Minneapolis detective's transfer grows Mortgage firm is focus of Hennepin Co. fraud probe One day ...
2007-11-28 03:54:00 -
Ohio slaying suspect arrested
Minneapolis Star Tribune - Ohio slaying suspect arrested Minneapolis activist wins $3 in free speech case Attempted murder charges in shooting of officer, another Outcry over Minneapolis detective's transfer grows Mortgage firm is focus of Hennepin Co. fraud probe COLUMBUS ...
2007-11-28 03:54:00 -
Foreclosures Have Ripple Effect
WXIA 11 Alive - Sub-prime loans and mortgage fraud can shoulder much of the blame for the increasing numbers. Communities across the area are already feeling the affects, especially certain pockets. "You have a lot of vandalism, the house deteriorates, that drags ...
2007-12-01 02:39:00 -
City fraud conviction breaks legal ground
Edmonton Journal - Terry Ellis, a 61-year-old paralegal, was also found guilty of 12 counts of fraud and one count of forgery in connection with a massive mortgage fraud believed to be the biggest in Alberta history. She was acquitted on 12 other fraud charges. The ...
2007-11-30 07:38:00