Mortgage and Financial News From 2008-1-9 Page 41

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  • Savers and borrowers still waiting to see if their rates will be cut - Easier (press release)

    Savers and borrowers still waiting to see if their rates will be cutEasier (press release), UK - 59 minutes agoBut some lenders and savings providers are still undecided, with mortgage borrowers continuing to be charged at a potentially higher rate, while some savers ...
    2008-01-09 10:43:59

  • 2007: The world’s housing markets in review - openPR (press release)

    2007: The world’s housing markets in reviewopenPR (press release), Germany - 54 minutes agoOthers however suggest that weak oversight of US mortgage market lending is the primary cause of the present crisis, in combination with a structural shift ...
    2008-01-09 10:48:58

  • Franchise Financing Special Report: Keeping Track Of Economic ... - Franchising.com (press release)

    Franchise Financing Special Report: Keeping Track Of Economic ...Franchising.com (press release), CA - 25 minutes agoFactors contributing to this outlook in the near term include the subprime mortgage crisis and housing slump; a lame duck president putting his best spin on ...
    2008-01-09 11:17:52

  • CMHC says housing starts in 2007 reached second-highest level this ... - The Canadian Press

    CMHC says housing starts in 2007 reached second-highest level this ...The Canadian Press - 22 minutes agoThis, though, hasn't yet been reflected in higher mortgage rates for Canadians. Interest rates have "inched higher but we haven't seen the kind of increases ...
    2008-01-09 11:20:39

  • Legal Help in the Subprime Crisis - Huffington Post

    Legal Help in the Subprime CrisisHuffington Post, NY - 16 minutes agoAs the nation continues to reel from the subprime mortgage crisis, all eyes are on Washington for much-needed relief. But federal responses will only go so ...
    2008-01-09 11:26:16

  • Protect Your Money -- The Islamic Way - Motley Fool UK

    Protect Your Money -- The Islamic WayMotley Fool UK, UK - 7 minutes agoOf course, if you choose to buy a house using Islamic financial services, you won't have to pay any interest on a mortgage. Sharia'a compliant home finance ...
    2008-01-09 11:35:49

  • Death to Itemized Deductions! (Motley Fool via Yahoo! Finance)

    If your income's too high, kiss the sweetest deductions goodbye.
    2008-01-09 10:47:53

  • CME to halve trading times (Financial Times)

    CME , the world’s largest futures exchange, will halve its electronic trading times in a move that could lessen the threat from a planned new exchange backed by some of the world’s largest derivatives dealers.
    2008-01-09 11:06:23

  • Nationwide accuses rivals over temporary bonuses (Daily Telegraph)

    Nationwide, Britain's biggest building society, has accused rivals of using "introductory interest rates to lure customers" and then failing to warn savers when returns are due to fall.
    2008-01-09 11:10:17

  • Raid! (San Diego Reader)

    There is an old Wall Street adage that is apt for both 2008 and 2009: "When they raid the whorehouse, they take the charwoman and piano player too." [ more ]
    2008-01-09 11:15:10

  • Time for house prices to shed some weight (FT.com via Yahoo! News)

    Worryingly, UK house prices rose by 1.3 per cent during December, according to the Halifax. There is a real danger the residential property market is on the turn. Improvements in October and November, when prices fell 0.7 per cent and 1.3 per cent, are being reversed. We can only pray that the downward trend will resume this month, fulfilling optimists' forecasts of a 10-15 per cent slump in ...
    2008-01-09 11:15:18

  • Rebekah Diller: Legal Help in the Subprime Crisis (HuffingtonPost)

    The shortage of lawyers to help families facing foreclosure is just part of a widespread shortage of legal help for families of modest means.
    2008-01-09 11:37:43

  • Fannie Mae Prices New Issue 2-Year and New Issue 5-year Benchmark ...

    MSN MoneyCentral - Fannie Mae has a federal charter and operates in America's secondary mortgage market to ensure that mortgage bankers and other lenders have enough funds to lend to home buyers at low rates. Our job is to help those who house America. This ...
    2008-01-09 06:43:00

  • The Realtors Spin

    BusinessWeek - The association has been lobbying Washington for a sharp cut in interest rates and a big increase in what qualifies as a conventional mortgage, to $625,000 from $417,000. Elsewhere the association predicts existing-home sales for 2007 will total 5.66 ...
    2008-01-09 06:57:00

  • Marks & Spencer Shares Slide on Unexpected Sales Drop (Update1)

    Bloomberg - Britons have cut back on purchases as higher mortgage payments, taxes, utility bills and food prices weighed on income ... tough time,'' Rose said in an interview on Sky television, calling for the Bank of England to keep reducing interest rates ...
    2008-01-09 02:04:00

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