Mortgage and Financial News From 2007-9-12 Page 2

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  • U.K. House Prices Decline for First Time Since 2005, RICS Says

    Bloomberg - The house price index for London, the engine of the U.K. property market, fell to the lowest since June 2005 ... Rising Rates Mortgage defaults in the U.S. have made commercial banks reluctant to lend to each other, pushing up market ...
    2007-09-12 05:14:00

  • Area home sales fall to lowest since '94

    Minneapolis Star Tribune - ... lower mortgage interest rates to follow. More than 100 mortgage companies have folded across the country and lenders big and small are reining in their standards of who's eligible for a loan. Locally, mortgage struggles are showing up in the lowest ...
    2007-09-11 05:58:00

  • Pound Falls Against Euro on Speculation U.K. Interest Rates

    Bloomberg - Interest Rates By Anchalee Worrachate Sept. 12 (Bloomberg) -- The pound fell to a ... the highest in almost a week against the yen as fallout from U.S. subprime mortgage ... bonds rose, driving 10-year yields 2 basis points lower to 4.88 percent, the lowest ...
    2007-09-12 06:08:00

  • AP Business NewsBrief at 12:30 a.m. EDT

    CNBC - NEW YORK (AP) _ The dollar plunged to its lowest point ever against the euro Wednesday amid speculation that the ... Mortgage Rejection Rates Higher in 2006 news://newsclip.ap.org/D8RK6ITG0@news.ap.org WASHINGTON (AP) _ Applicants for home mortgages ...
    2007-09-12 09:24:00

  • Dollar hits record low against euro

    AZCentral.com - NEW YORK - The dollar plunged to its lowest point ever against the euro Wednesday amid speculation that the Federal Reserve will soon cut interest rates and on a warning from the ... recent weeks amid the market turmoil caused by the subprime-mortgage ...
    2007-09-12 07:15:00

  • UK house prices dip in August

    Financial Times - ... in August for the first time in nearly two years and surveyors’ confidence in the price outlook dropped to its lowest ... reflect fears that conditions for buyers could toughen if the squeeze in credit markets spills over further into mortgage rates.
    2007-09-12 05:06:00

  • Dollar Hits All-Time Low Against Euro

    CBS News - AP) The dollar plunged to its lowest point ever against the euro Wednesday amid speculation that the Federal Reserve will soon cut interest rates and on a warning from the U.S ... recent weeks amid the market turmoil caused by the subprime mortgage ...
    2007-09-12 05:57:00

  • Business News - Home loan demand up as rates tumble (Reuters)

    Daily Journal-Messenger - Reuters - Mortgage applications rose for a second straight week as interest rates sank to their lowest since May, data from an industry trade group showed on Wednesday. Reuters - Retailer Toys "R" Us said on Wednesday that it is expanding its efforts ...
    2007-09-12 01:53:00

  • 'We can't control mortgage rates!' says Bank of England chief

    Daily Mail - Rate rise: Many homeowners could face a difficult Christmas Homeowners were warned to brace themselves for higher mortgage rates yesterday. Bank of England governor Mervyn King said the cost of borrowing was likely to rise whatever the Bank did with ...
    2007-09-12 03:26:00

  • August house prices show first fall in 2 years

    Reuters UK - ... that the recent turmoil on credit markets could spill over into the mortgage market also helped pushed surveyors' expectations for prices in the coming months to their lowest since June 2005. Some lenders have already raised their mortgage rates in ...
    2007-09-12 09:17:00

  • UK house prices dip (FT.com via Yahoo! News)

    House prices dipped in August for the first time in nearly two years and surveyors' confidence in the price outlook dropped to its lowest level since June 2005, according to a survey published on Thursday.
    2007-09-12 04:45:47

  • Dollar At New Low Against Euro (Hartford Courant)

    Market Turbulence, Possibility Of Interest Rate Cut Play Role The dollar plunged to its lowest point ever against the euro Wednesday amid speculation that the Federal Reserve will soon cut interest rates and on a warning from the U.S. treasury secretary that turbulence in financial markets may linger.
    2007-09-12 07:14:36

  • Economy - Wednesday (Investor's Business Daily via Yahoo! Finance)

    Mortgage apps rise as rates fall
    2007-09-12 04:00:00

  • Dollar hits all-time low against euro (AP via Yahoo! News)

    The dollar plunged to its lowest point ever against the euro Wednesday amid speculation that the Federal Reserve will soon cut interest rates and on a warning from the U.S. treasury secretary that turbulence in financial markets may linger.
    2007-09-12 03:28:32

  • Mortgage bailout stirs controversy

    AZCentral.com - In July, the Pennsylvania Housing Finance Agency launched a loan program that helps homeowners switch to a traditional 30-year fixed-rate mortgage at lower interest rates. The housing agency will buy the loans from lenders, financed by selling ...
    2007-09-12 07:15:00

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