Mortgage and Financial News From 2008-7-22 Page 2
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Mortgage squeeze tightens further - BBC News
The mortgage squeeze is continuing to tighten with a further drop in lending, according to new figures. The fall in gross mortgage lending is accelerating, with a 3% dip from May to June, according to the Council of Mortgage Lenders (CML). The CML ...
2008-07-17 05:55:00 -
Inflation rises but interest rates seen on hold - The Australian
INFLATION rose at a faster pace than expected in the June quarter after rises in clothing, health and petrol prices. The headline consumer price index (CPI) rose 1.5 per cent in the quarter from the March quarter, taking the annual pace of inflation ...
2008-07-22 06:39:00 -
Next rates rise hinges on inflation data - News.com.au
INFLATION data out today will have a big impact on what the RBA decides to do with interest rates when it meets on August 5. Underlying inflation hit 4.25 per cent in the year to March its highest level since 1991. Economists are expecting todays ...
2008-07-22 05:13:00 -
Mortgage Rates Near a Year High - Wall Street Journal
Home-mortgage rates are nearing their highest levels in a year, adding to pressures on the already weak housing market. Rates on conforming 30-year fixed-rate mortgages rose by nearly 0.40 percentage point in the past week to an average of 6.71 ...
2008-07-22 04:59:00 -
Problems at loan giants push mortgage rates higher in the U.S. - International Herald Tribune
Mortgage rates are rising because of the troubles at the loan finance giants Fannie Mae and Freddie Mac, threatening to deal another blow to the faltering housing market. Even as policy makers rushed to support the two companies, home loan rates ...
2008-07-22 04:59:00 -
A Depression? Hardly (Washington Post)
The specter of depression stalks America. You hear the word repeatedly. Are we in a depression? If not, are we headed for one? The answer to the first question is no; the answer to the second is "almost certainly not." The use of "depression" to describe the economy is a case of rhetorical overkill that speaks volumes about today's widespread pessimism and anxiety. A short history lesson shows ...
2008-07-22 05:39:41 -
WA state to revoke license of CA mortgage company (The Olympian)
Washington state plans to revoke the license of a California mortgage broker.
2008-07-22 05:41:10 -
Market volatility encouraging KiwiSavers, says ING (The New Zealand Herald)
Market volatility is encouraging affluent investors to join up to KiwiSaver schemes, a new survey from KiwiSaver provider ING (NZ) shows.
2008-07-22 05:58:49 -
Rescue of mortgage giants could hit $25 billion (Las Vegas Sun)
Tue, Jul 22, 2008 (5:57 p.m.)
2008-07-22 06:11:41 -
Dollar Trades Near Two-Week High on Paulson, Plosser's Comments (Bloomberg.com)
July 23 (Bloomberg) -- The dollar traded near a two-week high against the euro after Treasury Secretary Henry Paulson voiced support for the currency and the Federal Reserve Bank of Philadelphia president said interest rates should be raised.
2008-07-22 06:28:57 -
Boston Properties, Inc. Announces Second Quarter 2008 Results (PR Newswire via Yahoo! Finance)
Boston Properties, Inc. , a real estate investment trust, reported results today for the second quarter ended June 30, 2008.
2008-07-22 06:39:00 -
Funds suffering biggest exoduses, beware gas-saving deals & smartest ... - Bloggingstocks.com
The mortgage crisis, the limping economy and a recent bankruptcy filing by Vallejo - the first municipality to do so since Desert Hot Springs, Calif., in 2001 - have hobbled this town of 120,000. Vallejo's closely watched Chapter 9 bankruptcy filing ...
2008-07-22 05:25:00 -
Mortgage application fees up 60% - MyFinances.co.uk
Application fees on the UK's best buy mortgages have increased by nearly 60 per cent during the credit crunch. According to the latest figures from mform.co.uk, the average fee for a best-buy three-year fixed-rate deal increased between August 2007 ...
2008-07-22 11:51:00 -
Schwab Declares 20% Increase in Quarterly Dividend (wallstreet:online AG)
The Board of Directors of The Charles Schwab Corporation (14602;Nasdaq:SCHW) at its meeting today declared
2008-07-22 01:47:36 -
Money Talk (BBC News)
The tax pitfalls of selling a second home
2008-07-22 04:16:38