Mortgage and Financial News From 2008-7-10 Page 6

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  • Officials Rush to Reassure Markets About Loan Agencies (NYTimes.com via Yahoo! Finance)

    Senior Washington officials said that Fannie Mae and Freddie Mac had sufficient capital, as their stocks plunged to 17-year lows.
    2008-07-10 06:37:25

  • Advertisement starts (Tiscali)

    construction beginning in April," said Wienerberger. Hit by the global credit crunch, lenders have toughened up borrowing conditions, demanding as much as 25 percent of a home’s value as a deposit before making any new loans -- until relatively recently 100 percent loans were commonplace.
    2008-07-10 06:40:12

  • California still high on foreclosure list (KGO-TV Bay Area)

    The worst of the housing crisis may be still to come.
    2008-07-10 06:49:28

  • 'Each week it's harder' - Baltimore Sun

    Home buying and refinancing are good for mortgage brokers, who match borrowers with loans. Less buying and refinancing is bad. A 2 1/2 year housing slump paired with increasingly restrictive borrowing rules and a shift to lenders handling more of ...
    2008-07-10 12:49:00

  • ANALYSIS-New Canada mortgage rules won't deflate market - Forbes

    TORONTO (Reuters) - Canada's decision to tighten standards on mortgages it guarantees won't help a housing market that's already slowing down, but the new restrictions are unlikely to trigger a U.S.-style housing meltdown. The Finance Department on ...
    2008-07-10 02:22:00

  • Rates on 30-year mortgages rise, other rates mixed - BusinessWeek

    Rates on 30-year mortgages edged up this week, while rates on other home loans were a mixed bag. Freddie Mac, the mortgage company, reported Thursday that 30-year fixed-rate mortgages averaged 6.37 percent this week. That was up from 6.35 percent ...
    2008-07-10 01:39:00

  • McCain Open to Fannie and Freddie Bailouts - New York Times Blogs

    LIVONIA, Mich. — Senator John McCain said here Thursday that he would be open to federal intervention to save the nation’s two most important mortgage companies, Fannie Mae and Freddie Mac, whose shares are plummeting as they struggle to raise ...
    2008-07-10 02:29:00

  • McCain Open to Fannie and Freddie Bailouts - New York Times Blogs

    LIVONIA, Mich. — Senator John McCain said here Thursday that he would be open to federal intervention to save the nation’s two most important mortgage companies, Fannie Mae and Freddie Mac, whose shares are plummeting as they struggle to raise ...
    2008-07-10 02:29:00

  • Governors call for boost in home heating aid - San Francisco Gate

    Governors from across New England, warning that some families may have to choose between food or warmth this winter, have called for a sharp boost in federal home heating aid. The governors, meeting in Boston on Wednesday, said they are sending ...
    2008-07-10 12:46:00

  • Jesse Jackson Has A Point! - Slate

    Didn't Jesse Jackson Sr. have a point? There is something condescending, or arrogant, in Obama's lecture to a town hall meeting in Georgia: "You are probably not that good a rapper. Maybe you are the next Lil' Wayne , but probably not, in which case ...
    2008-07-10 12:34:00

  • Email Marketing Solutions - Colleyville Courier

    Use Capterra to Find and Compare Top Email Marketing Software. These mortgage marketing tips work in a down market. These LOs are making a killing now, why not you? Go here now for free down market mortgage marketing tips. Get daily mortgage and real ...
    2008-07-10 12:49:00

  • Email Marketing Solutions - Colleyville Courier

    Use Capterra to Find and Compare Top Email Marketing Software. These mortgage marketing tips work in a down market. These LOs are making a killing now, why not you? Go here now for free down market mortgage marketing tips. Get daily mortgage and real ...
    2008-07-10 12:49:00

  • Round-up of Thursday's business pages - Reuters UK

    Almost one in four Marks & Spencer (MKS.L: Quote , Profile , Research ) investors at the retailer's annual general meeting refused to back Sir Stuart Rose's controversial promotion to executive chairman, with 22 percent of the company's total ...
    2008-07-09 11:27:00

  • Round-up of Thursday's business pages - Reuters UK

    Almost one in four Marks & Spencer (MKS.L: Quote , Profile , Research ) investors at the retailer's annual general meeting refused to back Sir Stuart Rose's controversial promotion to executive chairman, with 22 percent of the company's total ...
    2008-07-09 11:27:00

  • Mortgage Confidential: Understanding APR -- comparing apples and ... - Walletpop.com

    Mortgage expert David Reed invites Walletpop readers to ask him questions about real estate financing. leave your questions in the comment section of this post. The Annual Percentage Rate, or APR, is perhaps one of the most abused and misunderstood ...
    2008-07-10 11:51:00

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