Mortgage and Financial News From 2008-1-24 Page 51

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  • Global markets A wild ride - Economist

    Global markets A wild rideEconomist, UK - 33 minutes agoBut a year after subprime-mortgage woes started to emerge, house prices are still falling and investment banks are owning up to ever larger write-offs on ...
    2008-01-24 10:12:54

  • Economics focus Faulty powers - Economist

    Economics focus Faulty powersEconomist, UK - 33 minutes agoThe effect is probably stronger still in countries such as Britain and Spain, where most mortgage rates are closely tied to policy rates or fixed for only ...
    2008-01-24 10:13:00

  • Record low for bank mortgages - Charcol

    Record low for bank mortgagesCharcol, UK - 33 minutes agoThe number of new mortgage loans made by high street banks fell to a record low in December, figures published today show. Data from the British Bankers' ...
    2008-01-24 10:13:08

  • Are You Ready for the 'R' Word? - Jewish Exponent

    Are You Ready for the 'R' Word?Jewish Exponent, PA - 32 minutes agoAnd The New York Times reported that "Merrill Lynch is expected to suffer $15 billion in losses stemming from soured mortgage investments, almost double its ...
    2008-01-24 10:14:14

  • Iowa jobless rate highest in 23 months - Waterloo Cedar Falls Courier

    Iowa jobless rate highest in 23 monthsWaterloo Cedar Falls Courier, IA - 32 minutes agoThe home mortgage crunch, which all but halted housing construction, has begun to slow the sale of furniture, appliances, windows and doors, ...
    2008-01-24 10:14:25

  • Economic nerves Nothing to smile about - Economist

    Economic nerves Nothing to smile aboutEconomist, UK - 31 minutes agoMr Brown has spent much time recently finding ingenious ways to avoid the political embarrassment of taking the stricken mortgage lender into formal public ...
    2008-01-24 10:15:11

  • Tracker mortgages becoming more popular - FinancialAdvice.co.uk

    Tracker mortgages becoming more popularFinancialAdvice.co.uk, UK - 30 minutes agoAccording to mortgage broker John Charcol, all three of its best selling products in January have so far been bank rate tracker products. ...
    2008-01-24 10:16:04

  • Synovus Reports Earnings Per Share of $1.60 for 2007 - WELT ONLINE

    Synovus Reports Earnings Per Share of $1.60 for 2007WELT ONLINE, Germany - 29 minutes agoSynovus AVERAGE BALANCES AND YIELDS/RATES (a) (Unaudited) (Dollars in thousands) 2007 2006 Twelve months ended Fourth Third Second First Fourth December 31, ...
    2008-01-24 10:16:50

  • Why the economy is cratering: a guide for reporters - Nieman Watchdog

    Why the economy is cratering: a guide for reportersNieman Watchdog, MA - 25 minutes agoThe mortgage companies should be encouraged to extend the teaser rates they extended to subprime home owners who can afford those rates, ...
    2008-01-24 10:21:27

  • CEO, Dulles Area Association of Realtors - Washington Post

    CEO, Dulles Area Association of RealtorsWashington Post, United States - 24 minutes agoPrices are at their lowest, there is a great deal of inventory and with the Prime rate just being lowered, mortgage rates should be even better. ...
    2008-01-24 10:21:44

  • Europe Shrugs Off SocGen Woes - Forbes

    Europe Shrugs Off SocGen WoesForbes, NY - 23 minutes ago... worth of losses from rogue trading and $3.0 billion write down of assets due to its exposure to the US subprime mortgage market and bond insurers. ...
    2008-01-24 10:22:41

  • Dubai: Prospects for 2008 - 999 Today

    Dubai: Prospects for 2008999 Today, UK - 22 minutes agoThe other factor that is predicted to bring a boost to the Dubai property market this year is the current downward trend of the mortgage market, ...
    2008-01-24 10:23:53

  • NAHB Applauds Fed Rate Cut - BuildingOnline

    NAHB Applauds Fed Rate CutBuildingOnline, CA - 20 minutes agoWASHINGTON -- The National Association of Home Builders (NAHB) this week applauded the Federal Reserve Board's aggressive action to cut interest rates by 75 ...
    2008-01-24 10:25:38

  • Bank warns of tougher times, cuts growth forecast to 1.8 per cent ... - The Canadian Press

    Bank warns of tougher times, cuts growth forecast to 1.8 per cent ...The Canadian Press - 15 minutes agoThe central bank cut interest rates on Tuesday by a quarter-point for the second time in two months. In its first explanation of factors behind the move, ...
    2008-01-24 10:30:45

  • Point of View: Why iPhones Don’t Seem So Important Anymore - Brooklyn Daily Eagle

    Point of View: Why iPhones Don’t Seem So Important AnymoreBrooklyn Daily Eagle, NY - 11 minutes agoWas it some kind of mass hypnosis that allowed us to ignore the fine print in our mortgage loan paperwork — the print that said our payments would, say, ...
    2008-01-24 10:34:46

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