Mortgage and Financial News From 2007-12-28 Page 4

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  • US new-home sales plunge to lowest level in more than 12 years ...

    International Herald Tribune - ... deeper into despair last month, with sales of new homes plummeting to their lowest ... If you can't qualify for a mortgage the game is over. For those who do qualify, it ... Other home buyers were clobbered as low introductory rates on their mortgages ...
    2007-12-28 06:39:00

  • 30-year mortgages rates climb (El Paso Times)

    WASHINGTON—Rates on 30-year and one-year mortgages climbed this week, while rates on some other home loans didn't budge. Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages averaged 6.17 percent this week.
    2007-12-28 07:32:57

  • Does it affect my credit if i'm an authorized user on a credit card?

    Commerce Journal - In September of this year it's going to change because the credit bureaus are going to change the way they calculate scores ... This has resulted in the mortgage industry lending money to people at rates that they really did not qualify for and this ...
    2007-12-28 06:43:00

  • 2008 will again be the Year of the Refinance

    Seattle Post Intelligencer - In 2003, when mortgage rates dropped below 5.5 percent for a time, it was the Year of the Refinance. 2004 through 2006 ... In the section that discloses the rate's change date, there should be an explanation of how the lender will calculate the new ...
    2007-12-27 03:55:00

  • Is mortgage interest deductible if the interest is added to the ...

    Commerce Journal - I hate to answer a question, with a question, but I hope you see my point. -Em Source(s): 12 years in mortgage ... A schedule C or C-EZ to show the consulting income and any associated expenses, then a schedule SE to calculate self ...
    2007-12-28 06:43:00

  • Does it affect my credit if i'm an authorized user on a credit card? (The Devens Commerce Journal)

    Does it affect my credit if i'm an authorized user on a credit card?
    2007-12-28 08:02:07

  • 2008 will again be the Year of the Refinance (Seattle Post-Intelligencer)

    World climate has Ice Ages, and baseball had a Dead Ball Era. Mortgages have their defining epochs, too.
    2007-12-28 07:23:42

  • Is mortgage interest deductible if the interest is added to the principal instead of paid? (The Devens Commerce Journal)

    Is mortgage interest deductible if the interest is added to the principal instead of paid?
    2007-12-28 07:56:14

  • KeyBank Presents Hispanic Initiatives Series to Unite and Empower ...

    CSR Wire - ... 50 percent of the Cleveland Hispanic population is 18 to 49 years old - a prime ... Over the last decade, Hispanic purchasing power has grown at an annual rate of 7 ... With this shift, interest from politicians in the Hispanic voting block has increased ...
    2007-12-27 03:52:00

  • Canada's Dollar Touches Five-Week High as Crude Oil Increases

    Bloomberg - ... high as crude oil advanced above $97 a barrel after U.S. inventories slipped and Benazir Bhutto, Pakistan's former prime ... Bank of Canada's benchmark interest rate is at 4.25 percent. ``We are seeing broad U.S. dollar weakness after the ...
    2007-12-27 11:23:00

  • Dollar Falls Most Against Euro in a Month on Economy, Bhutto

    Bloomberg - ... than-forecast reports on U.S. durable goods and jobs and the assassination of Benazir Bhutto, Pakistan's former prime ... Interest-rate futures on the Chicago Board of Trade indicate 78 percent odds that the Fed will reduce its benchmark interest rate ...
    2007-12-27 10:55:00

  • Fitch Affirms $26.4MM & Downgrades $2.9MM from 2003 Terwin Mortgage ...

    PR Inside - The mortgage loans for the above transaction consists of fixed and adjustable-rate mortgage loans secured by first and ... Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and ...
    2007-12-28 11:15:00

  • Sales of new homes in the US at lowest for 12 years

    Guardian Unlimited - ... new single-family homes in the US slumped last month to their lowest annual rate ... slump in the market increases the risks to US growth and there are calls for interest ... The sub-prime mortgage meltdown has caused a 'confidence crisis' that will have ...
    2007-12-28 03:04:00

  • House prices fall again in December (Daily Telegraph)

    Further interest rate cuts are unlikely to spark a big recovery in the housing market next year, Nationwide has warned, as prices fell for the second consecutive month in December.
    2007-12-28 01:59:59

  • Housing market concerns spark hopes of rate cuts (The Herald)

    Concerns over the health of the UK housing market grew and expectations of further interest rate cuts surged yesterday as building society Nationwide reported residential property prices had fallen for a second consecutive month for the first time since 2000.
    2007-12-28 04:12:06

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