Mortgage and Financial News From 2008-2-12 Page 52

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• Rate cuts will help borrowers - Mortgage Warehouse

  Rate cuts will help borrowersMortgage Warehouse, UK - 1 hour ago"For first-time buyers, the combination of subdued house price inflationand lower mortgage rates means affordability should ease slowly as the year ...
  2008-02-12 09:13:32

• BRIEFLY METRO - The Register-Guard

  BRIEFLY METROThe Register-Guard, OR - 1 hour agoWASHINGTON — Interest rates on short-term Treasury bills were mixed in Monday’s auction, with rates on three-month bills rising and rates on six-month bills ...
  2008-02-12 09:15:07

• UPDATE: US Administration, Lenders Unveil New Mortgage Plan - CNNMoney.com

  UPDATE: US Administration, Lenders Unveil New Mortgage PlanCNNMoney.com - 1 hour agoIt is in addition to a program announced by the Bush administration and lending industry in December to freeze interest rates at current levels on ...
  2008-02-12 09:17:38

• Homebuyer loans lowest since 1995 - This is Money

  Homebuyer loans lowest since 1995This is Money, UK - 1 hour ago'This has contributed to very strong growth in house prices and mortgage lending for the best part of a decade. The factors now are potentially most ...
  2008-02-12 09:21:19

• Housing Downturn Has Positive for Apartment Industry - Multi-Housing News

  Housing Downturn Has Positive for Apartment IndustryMulti-Housing News, NY - 1 hour agoAlthough sales volume is down and equity is less available, apartment demand is increasing due to the housing and mortgage market downturn. ...
  2008-02-12 09:26:12

• Project Lifeline: The Latest Government-Issued Foreclosure Band-Aid - American Chronicle

  Project Lifeline: The Latest Government-Issued Foreclosure Band-AidAmerican Chronicle, CA - 1 hour agoThe best solution is offering stressed borrowers refinancing terms at a lower fixed rates which lenders will be very reluctant to do. ...
  2008-02-12 09:27:24

• Title Insurance Price Fixing, Other Fraud Costs Consumers Millions - Newsinferno.com

  Title Insurance Price Fixing, Other Fraud Costs Consumers MillionsNewsinferno.com, NY - 1 hour agoTitle insurance is insurance against loss from defects in title to real property and from the invalidity or unenforceability of mortgage liens. ...
  2008-02-12 09:42:37

• Most Dow Stocks Up After Buffett 'Band-Aid' - CNBC

  Most Dow Stocks Up After Buffett 'Band-Aid'CNBC, NJ - 1 hour agoThe program comes as hundreds of thousands of borrowers across the country face rising rates on their adjustable-rate mortgages. ...
  2008-02-12 09:51:14

• Southeast Valley resale numbers continue downward slide - Arizona Republic

  Southeast Valley resale numbers continue downward slideArizona Republic, AZ - 1 hour agoThat represents the lowest median price in more than two years. In April 2005, the median home price was $221000, and that was up from $194000 in January ...
  2008-02-12 09:54:10

• Council considers condo fee - Canada.com

  Council considers condo feeCanada.com, Canada - 58 minutes agoAccording to the Canada Mortgage and Housing Corp., the vacancy rate for rental apartment buildings in Saskatoon dropped from three per cent in April 2007 ...
  2008-02-12 10:02:15

• County home sales drop 42 percent - Annapolis Capital

  County home sales drop 42 percentAnnapolis Capital, MD - 52 minutes agoBut a weakening national economy, exacerbated by the crisis in the subprime mortgage market, has caused hesitancy among buyers even as interest rates ...
  2008-02-12 10:07:22

• Gold Dumps $15 on Buffett Bail-Out & Lifeline for US Foreclosures ... - BullionVault (press release)

  Gold Dumps $15 on Buffett Bail-Out & Lifeline for US Foreclosures ...BullionVault (press release), UK - 49 minutes agoBut those downgrades were driven by concerns over mortgage- and other asset-backed default rates. To date, the municipal bonds weren't in doubt – meaning ...
  2008-02-12 10:10:53

• Anything but Super - S&P's Market review - Cherry Creek News

  Anything but Super - S&P's Market reviewCherry Creek News, CO - 36 minutes agoThe January Senior Loan Officer Opinion Survey from the Federal Reserve indicated that residential mortgage standards remain extremely tight, but the survey ...
  2008-02-12 10:24:15

• Repossessions not as bad as expected – but don’t be complacent - Residential Landlord

  Repossessions not as bad as expected – but don’t be complacentResidential Landlord, UK - 28 minutes ago“Despite this, the number of repossessions is likely to be higher in 2008 as a result of wider issues in the economy and the mortgage funding markets. ...
  2008-02-12 10:32:07

• New Zealand's Retail Sales Growth Probably Slowed on Rates - Bloomberg

  New Zealand's Retail Sales Growth Probably Slowed on RatesBloomberg - 21 minutes agoThe interest rate on a two-year fixed mortgage was 9.38 percent in December, up from 8.18 percent a year earlier, according to central bank figures. ...
  2008-02-12 10:38:29

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