Mortgage and Financial News From 2007-9-12 Page 7

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  • Housing Market Fallout

    Best Syndication - ... in the fall of the local housing market. Martin Lukac represents RateEmpire.com Refinance Loan and Home Equity Loan financial marketplace which connects consumers with multiple mortgage companies that compete for their business. For more information ...
    2007-09-12 09:28:00

  • Mortgage Demand Rises as Rates Tumble

    AOL - ... the prior week, on a seasonally adjusted basis. Refinance volume jumped 6 percent, while the purchase index increased 5.2 percent, adjusted for the Labor Day holiday. Adjustable-rate mortgage ... The information contained in the AP news report may not be ...
    2007-09-12 04:49:00

  • Paulson: Market Turbulence May Linger

    AOL - ... sure subprime homeowners get assistance in dealing with sharply rising mortgage ... against losing their homes through such efforts as allowing them to refinance ... The information contained in the AP news report may not be published, broadcast ...
    2007-09-12 02:22:00

  • Stocks flat as dollar falls, oil soars

    Miami Herald - The Mortgage Bankers Association's weekly survey showed that as rates fell in the week ended Sept. 7, mortgage application volume rose 5.5 percent, refinance volume jumped 6 percent, and the purchase index increased 5.2 percent, adjusted for the ...
    2007-09-12 01:25:00

  • BMO Bank of Montreal Changes Mortgage Rates

    CNW Group - ... Effective until October 31, 2007 customers who take out a five-year term mortgage or renew or refinance an existing ... savings of more than $800, which in some cases could translate into an extra mortgage payment. For further information: Shivani ...
    2007-09-12 11:23:00

  • Center for Responsible Lending Comments on New Federal Mortgage Data

    Forbes - ... bulletin with its preliminary report on 2006 data reported under the Home Mortgage ... 2006 HMDA Results -- Share of High-Cost Loans (purchase and refinance) White Non ... For more information: About the Center for Responsible Lending The Center for ...
    2007-09-12 03:26:00

  • Mortgage bailouts not without critics (The Washington Times)

    As more states and cities struggle to find money to bail out homeowners caught up in the housing downturn, some Americans are wondering why...
    2007-09-11 09:37:47

  • Many in S.C. bearing heavier mortgage burdens (The Herald)

    COLUMBIA -- Columbia homeowners are bearing heavier mortgage burdens than before, with a larger percentage risking more of their income to meet monthly payments, according to data released today.
    2007-09-11 10:46:59

  • US lenders charge higher rates to black and Hispanic borrowers

    Times Online - A high proportion of high-interest loans, or sub-prime mortgages, are offered with escalating rates throughout the life of the mortgage and some sub-prime borrowers will see the interest rate on their mortgage rise by the end of the year. Economists ...
    2007-09-12 03:12:00

  • Home loan demand up as rates tumble

    Reuters - NEW YORK (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. Market analysts, however, say data on mortgage applications may be ...
    2007-09-12 11:09:00

  • Now that British milk producers need to go global,size matters

    Times Online - The coincidence of cheap food, cheap energy and low mortgage rates has left consumers in the West with a comfortable and expanding surplus of spare cash, which has been funnelled to Asia, where it has fulled a manufacturing explosion of consumer ...
    2007-09-12 02:22:00

  • Home ownership in Canada more costly, study says

    Reuters - OTTAWA, Sept 12 (Reuters) - Home ownership became more costly across Canada in the second quarter as housing prices, mortgage rates, utilities and taxes all bit into buyers' budgets, a study released on Wednesday said. Housing affordability, measured ...
    2007-09-12 11:16:00

  • 'Prepare for higher mortgage rates' , Bank of England chief warns ...

    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 04:16:00

  • Mortgage Rejection Rates Higher in 2006

    Newsday - WASHINGTON - Applicants for home mortgages were turned down for loans at a slightly higher rate in 2006 than the previous year and significant disparities continued to exist between white applicants and minority applicants, the government reported ...
    2007-09-12 03:41:00

  • Government mortgage report shows higher loan rates producing ...

    Forbes - WASHINGTON (Thomson Financial) - The more high-rate mortgage lending has been going on in a metropolitan area, the more homeowners there are likely to be in danger of losing their homes, according to a US government report released today. An annual ...
    2007-09-12 02:22:00

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