Mortgage and Financial News From 2007-12-15 Page 01
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Spain PM Vows 2 Million New Jobs, 7% Jobless Rate If Re-Elected -AFP
FXStreet.com - Spain PM Vows 2 Million New Jobs, 7% Jobless Rate If Re-Elected -AFP MADRID (AFP)--Spanish Prime Minister Jose Luis Rodriguez Zapatero said ... facts, views, opinions and recommendations of individuals and organizations deemed of interest. Dow ...
2007-12-15 11:45:00 -
Riding to the rescue
Times Online - The global credit crisis may have had its origins in America’s sub-prime ... however, on Tuesday, when the Fed announced a cut in the key US Fed Funds rate ... But interest rates may go at least as far as the markets are currently predicting ...
2007-12-15 05:28:00 -
Alastair Darling plans to control future crises
Times Online - ... which can be conflicting – but the final decision is made by the prime ... figures on Tuesday, which are expected to edge up from October’s 2.1% rate, and how members of the Bank’s monetary policy committee voted recently on the cut in interest ...
2007-12-15 06:26:00 -
Fed offers modest rate cut, Wall Street upset
International Business Times - As roughly 1.8 million adjustable rate mortgages line up for reset at sharply higher interest rates in 2008, the prospect of more pain for homeowners and banks has increased since the Fed last met in October. The U.S. economy logged a sturdy ...
2007-12-11 03:53:00 -
PM seeks cure for 'mixed up economy'
Daily Pioneer - India may be suffering from a "mixed up economy" syndrome -- an aberration of the mixed economic policy being pursued in the country -- and Prime Minister Manmohan Singh feels a new middle path to development is the cure. "Regrettably, the mixed ...
2007-12-15 01:25:00 -
SUBJECT: Drilling success rate much higher than 10% Posted By ...
Stockhouse Canada - Some people are bashing the stock by saying that there is only a 10% success rate ... The interest in petroleum crude oil in the second half of the nineteenth century was ... and horizontal drilling to penetrate multiple diverse pay targets is a prime ...
2007-12-15 10:36:00 -
Sub-prime ruts and interest rate cuts (Daily Telegraph)
There's little point being a newspaper columnist unless you provoke a reaction. So, while I've been pilloried for my latest effort, I'm not complaining.
2007-12-15 05:53:16 -
Heads up: FHA loans; Consumer Price Index
Kansas City Star - It would be easier for thousands of homeowners with ballooning interest rates to refinance into federally insured loans under a bill approved 93-1 on Friday by the Senate. The legislation would allow the Federal Housing Administration to back ...
2007-12-14 03:49:00 -
Kuhl pushing for tax relief, but votes against fix: Congressman says ...
Hornell Evening Tribune - Occasionally we announce competitive grants coming through particular agencies,” he said. “In this case, this guy wanted to refinance, so he applied for a loan through the Rural Development Agency. “He was considered and given a loan,” Kuhl ...
2007-12-15 03:48:00 -
Liverpool FC kops it after credit crisis
Daily Telegraph - The pair are trying to refinance a bridging loan provided by Royal Bank of Scotland, which they used to carry out the original £219m purchase of the club. However, it is understood that the refinancing - which is also intended to raise an extra ...
2007-12-15 05:00:00 -
AIR TRAVEL
Dallas Morning News - Somehow, BAA will need to finance the project – not easy when its credit rating is already down to junk status as it struggles to refinance 9 billion pounds [$18.4 billion] of Terminal 5 and other airport development debt," Mr. Wheeldon said ...
2007-12-15 10:15:00 -
Dissolving home equity melts refinance options (The Edmond Sun)
By the end of 2008 rates on more than two million home mortgages are scheduled to increase. If your home is financed with one of these types of mortgages, the time to refinance is now. This is because of several important factors in the current housing market.
2007-12-15 09:56:44 -
Foreclosure-bailout plan may help few
Nashua Telegraph - But Paulson didn't quantify how many of those 1.2 million homeowners would be expected to refinance their existing mortgage or how many ... Treasury, did not respond to requests for more information about the discrepancies among these estimates. But UBS ...
2007-12-13 09:05:00 -
Area reports record level of repossessed mortgages
Chattanooga Times Free Press - That is depressing prices and making it even harder for folks to refinance or work their way out of a ... with bad or limited credit history. They have a higher rate of interest than conventional loans. * Mortgage fraud: Lying about information on ...
2007-12-15 09:03:00 -
AP Business NewsBrief at 4:48 p.m. EST
CNBC - ... the tiny on-off switches dubbed the "nerve cells" of the information ... WASHINGTON (AP) _ The Senate moved against the worsening mortgage crisis Friday, voting to make it easier for thousands of homeowners with ballooning interest rates to refinance ...
2007-12-15 01:46:00