Mortgage and Financial News From 2008-3-15 Page 3
Previous Day: 2008-03-14
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For an asset with all the bell boys and whistles, don't just book a ...
The Independent - That is one of the highest rates of interest around. GuestInvest's rooms can be sold on the open market, or through the firm itself ... In the current property market, he adds, "how reliable is the valuation of the appreciation of a hotel, let alone one ...
2008-03-15 04:55:00 -
Mortgage stress hits rich
News.com.au - However, he said, that would be challenging in the current environment. Bank profits are now expected to come under pressure. "The real question is, if the RBA does not move interest rates, can the banks actually increase their home loan rates?" he ...
2008-03-13 04:07:00 -
Inflation fears could keep interest rates on hold
Times Online - The threat that the Bank of England's concerns about inflation will lead it to peg interest rates until the summer increased ... The public's perception of current inflation was also a record. The average figure for the current inflation rate leapt ...
2008-03-13 04:14:00 -
Controlling Interest
Kommersant - Hence the current situation, in which the growth in share prices is slowing down ... and 7%, respectively), while share prices for the other banks grew, but at rates ... banks to understand that our bankers immediately try to sell a controlling interest.
2008-03-15 08:29:00 -
Look Deeper. You’ll See a Bright Side. (NYTimes.com via Yahoo! Finance)
Even if the economy is struggling, it’s not clear that long-term investors should dwell entirely on the negatives.
2008-03-15 08:40:02 -
The Cash Advantage (Even When Rates Are Low) (NYTimes.com via Yahoo! Finance)
Although short-term interest rates have been dropping, many advisers still recommend that investors keep plenty of cash in safe and simple accounts.
2008-03-15 08:40:02 -
Want your tax refund now? It'll cost you (Springfield News-Sun)
The allure of an instant tax refund can be tempting, but the fees and interest associated with what is actually a short-term loan can dilute the benefits of fast cash.
2008-03-15 08:46:58 -
Cheap valuations in FY `09 (Business Standard India)
Current values in the Indian markets are safe for long-term investors who are willing to buy and hold for the next two to three years. Quite recently a medical case out of Germany made headlines. An entire family kept picking up a rare and recurring infection.
2008-03-15 08:49:39 -
More housing woes: Mortgage lenders raise the bar on home loans (Sun-Sentinel)
When Jason and Jenny Nifakos started house hunting last year, they expected to finance the entire cost of their first home. They've been looking in Wellington and Royal Palm, hoping to snap up a deal on a bank-owned house.
2008-03-15 08:53:44 -
Walking away with poor credit (Minneapolis-St. Paul Star Tribune)
Walking away takes a toll on a foreclosed homeowner's credit. But so do late payments -- in particular, those that are more than 90 days overdue.
2008-03-15 08:54:12 -
Brace for interest rate rise in May
News.com.au - CASH-strapped home owners should prepare for more interest rate pain, with some ... Fujitsu this week predicted more than 700,000 households will be under mortgage ... said the most important thing worried borrowers should do is contact their lender ...
2008-03-14 02:11:00 -
Carlyle Sends An Ominous Message
Forbes - ... boom that began in the early years of this decade, many loans were made to home ... He added that when the lender banks seized the bank's assets and put them on the ... hedge fund collapsed under the weight of margin calls, while in the U.S. mortgage ...
2008-03-12 05:55:00 -
Foreclosures not for gawking
Chicago Tribune - ... owner of a Tinley Park appraisal firm, "Foreclosures probably won't have any long-term impact [on neighboring home ... who wants to avoid foreclosure -- to take sale proceeds, even if the amount is less than the owner owes in the mortgage. The lender ...
2008-03-14 02:30:00 -
Borrowers Finding What Citi, Prudential Say Isn't What They Do
Bloomberg - ... be a total catastrophic event, like 1929 or 9/11, but I don't think that's what it is in the eyes of the lender ... Wimmer said a mortgage broker got them new home loans at about 5.83 percent.
2008-03-14 06:26:00 -
Heroes program offers mortgage help
Journal-News - ... County's educators, military personnel and first responders who are shopping for their first home are eligible for a special low-rate mortgage ... To apply, residents can contact a participating lender. A list of local lenders is available on OHFA's ...
2008-03-13 05:40:00