Mortgage and Financial News From 2008-1-24 Page 44

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  • Jim Cramer's 'Stop Trading!': Dubai Eyes Retail - TheStreet.com

    Jim Cramer's 'Stop Trading!': Dubai Eyes RetailTheStreet.com - 50 minutes agoMortgage companies not going under will matter. Sometimes they get it right," Cramer said. "It's monumental that you get fed cuts and you get the stimulus. ...
    2008-01-24 12:27:27

  • ChoicePoint Inc Q4 2007 Earnings Call Transcript - Seeking Alpha

    ChoicePoint Inc Q4 2007 Earnings Call TranscriptSeeking Alpha, NY - 47 minutes agoThese results were partially offset by the negative impacts of credit and mortgage market crunch had on the workplace, marketing, public filings and ...
    2008-01-24 12:30:21

  • The Bank must keep its nerve - Financial Times

    The Bank must keep its nerveFinancial Times, UK - 45 minutes agoThis week, however, the board of the US Federal Reserve seemed to panic by implementing an extraordinary 0.75 percentage point cut in its interest rates ...
    2008-01-24 12:32:09

  • Goldman analysts question bond insurer bailout - MarketWatch

    Goldman analysts question bond insurer bailoutMarketWatch - 43 minutes agoA bailout would probably end up being ineffective, like other mortgage-related bailouts unveiled late last year, the analysts explained. ...
    2008-01-24 12:34:06

  • US housing picture still dire, but labor market steady - Guardian Unlimited

    US housing picture still dire, but labor market steadyGuardian Unlimited, UK - 20 minutes agoInterest rates on 30-year mortgages have fallen to an average of 5.48 percent, the lowest since 2004, according to the latest survey from Freddie Mac. ...
    2008-01-24 12:57:21

  • The Truth About Mortgage Refinancing Revealed By Pennsylvania ... - SBWire (press release)

    The Truth About Mortgage Refinancing Revealed By Pennsylvania ...SBWire (press release), WI - 19 minutes agoAfter all, with rates as low as they are, the promise of lowering your monthly payments, sometimes significantly, is a great attraction for many homeowners. ...
    2008-01-24 12:58:06

  • Gold Futures Top $900 as Dollar Drops; Platinum Jumps to Record (Bloomberg.com)

    Jan. 24 (Bloomberg) -- Gold topped $900 an ounce in New York for the first time in a week after the dollar dropped against the euro, boosting the appeal of the precious metal as an alternative investment. Platinum futures surged to a record.
    2008-01-24 11:05:46

  • Overseas Markets Sink On U.S. Economy Worries (CBS4 Miami)

    Global stock markets extended their slide for a second day Tuesday, plunging amid fears that a possible U.S. recession will cause a worldwide economic slowdown.
    2008-01-24 11:26:44

  • U.S. Economy: Existing Home Sales Fall, Prices Drop (Update1) (Bloomberg.com)

    Jan. 24 (Bloomberg) -- Sales of existing homes in the U.S. fell more than forecast in December, capping the biggest annual slump in 25 years and the first decline in prices since the Great Depression.
    2008-01-24 11:51:04

  • Asia Day Ahead: SocGen Rogue Trader Causes $7.2 Billion Loss (Bloomberg.com)

    Jan. 25 (Bloomberg) -- U.S. stocks gained a second day after Xerox Corp., Lockheed Martin Corp. and Union Pacific Corp. posted earnings that topped analysts' estimates and jobless claims unexpectedly fell.
    2008-01-24 12:23:00

  • Home sales drop 13% in 2007, median price down 1.8% (USA Today)

    The most severe real estate recession in a generation sent sales of existing homes plunging 12.8% last year steepest annual dive in 25 years and the median U.S. home price fell, probably for the first year since the Great Depression, the National Association of Realtors said Thursday.
    2008-01-24 12:33:52

  • European and Asian Markets Rally on News of U.S. Rate Cut (Washington Post)

    European financial markets stabilized yesterday after the U.S. interest-rate cut, as political leaders sought to calm sell-off fears by assuring Europeans that economic problems were in the United States, not their countries.
    2008-01-24 12:48:29

  • Housing picture still dire, but labor market steady (EARTHtimes.org)

    WASHINGTON (Reuters) - Sales of previously owned U.S. homes fell more than expected in December, ending a year that brought the sharpest housing slowdown since 1982 and the first annual drop in prices since the Great Depression.
    2008-01-24 01:06:17

  • Home sales and mortgage rates sink to new low (News 8 Austin)

    There's big news for home sales and mortgages. A real estate trade group reported that nationally, sales of single-family existing homes fell by 13 percent last year.
    2008-01-24 01:10:46

  • Biquanide (Soft Swim) - kjrh.com

    Biquanide (Soft Swim)kjrh.com, OK - 15 hours agoUse this calculator to see how much interest you can save by refinancing your mortgage. Enter your desired payment - and let us calculate your loan amount. ...
    2008-01-23 09:41:28

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