Mortgage and Financial News From 2008-9-18 Page 01
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Mortgage Video Gallery - CNBC
Assessing whether it is time to refinance as mortgage rates hit their lowest level in months, with CNBC's Carmen Wong Ul... 30-Yr Mortgage Rates Fall Below 6% Case Study: Money from a Home Sale Pending Home Sales Fall in July Greenspan: On Fannie ...
2008-09-14 05:14:00 -
Low rates on credit, loans are out there - USA Today
Interest rates on everything from home mortgages to credit cards have been falling in recent weeks. And despite the Federal Reserve's decision Tuesday to leave short-term rates unchanged, they could decline even more in the weeks to come. Does that ...
2008-09-15 05:56:00 -
Banking crisis clinic - Guardian Unlimited
Are you worried about the effect the Wall Street meltdown could have on your finances? The collapse of the US bank Lehman Brothers has sent shockwaves around the globe, causing stock markets to plummet and throwing the financial world into turmoil ...
2008-09-15 05:56:00 -
Weak dollar could delay rate cuts - News.com.au
Aussie dollar has fallen 19pc against US dollar in two months Policymakers worried about effect of petrol prices on inflation In-depth : The latest interest rates news and features
2008-09-18 09:55:00 -
SEC's Cox Catches Blame for Financial Crisis - BusinessWeek
Criticism of the Securities & Exchange Commission and its chairman, Christopher Cox, rose sharply on Sept. 18 as Republican Presidential candidate John McCain suggested he should be fired. "Mismanagement and greed became the operating standard while ...
2008-09-18 10:53:00 -
Foreclosures hit older Americans - Boston Globe
MIAMI - An AARP study challenges the perception that older Americans have been left out of the current real estate crisis because they have built enough home equity to avoid delinquencies and foreclosure. Research by AARP's Public Policy Institute ...
2008-09-18 10:53:00 -
Treasuries Slide as Paulson, Bernanke Seek Solution to Crisis - Bloomberg
Sept. 19 (Bloomberg) -- U.S. two-year notes headed for their biggest back-to-back decline since June as Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben S. Bernanke sought legislation to stem a credit-market meltdown. U.S. government ...
2008-09-18 10:10:00 -
Japan, Australia Add $113 Billion to Boost Confidence (Update1) - Bloomberg
Sept. 19 (Bloomberg) -- Central banks in Japan and Australia pumped some $113 billion into money markets this week, holding down borrowing costs to revive confidence among banks. The Bank of Japan pumped 2 trillion yen ($19 billion) today, for a ...
2008-09-18 10:38:00 -
Financing fall home purchases: Buyers can find deals this autumn, but ... - Boston Herald
D avid Cohen figured that with a good job, a great credit score and today’s low home prices, he’d have no trouble getting a mortgage to buy a first home. He was wrong. Even though two of the 30-year-old’s buddies bought condos with no money ...
2008-09-18 09:12:00 -
Local job seekers cite hard time finding work (The Standard-Times)
NEW BEDFORD — Jorge Houser returned home to the city after losing his job at a Minnesota meat processing plant. In four months, he has been unable to find full-time work.
2008-09-18 10:08:40 -
Schwarzman Counsels Patience, Buffett Pays Cash Amid Asset Glut (Bloomberg.com)
Sept. 19 (Bloomberg) -- Financial firms including Lehman Brothers Holdings Inc. and American International Group are seeking buyers for at least $1 trillion of distressed assets. So far, bargain hunters aren't biting.
2008-09-18 10:11:06 -
Asian markets soar on possible US rescue (KGO-TV Bay Area)
Asian stock markets soared Friday after news of a possible U.S. Fed plan to rescue.
2008-09-18 10:25:23 -
Easy home loans not likely to return soon (The State Journal-Register)
Central Illinois homebuyers can expect bigger down payments, higher credit-score requirements and lower tolerance for debt as a result of a mortgage-market meltdown that has pulled under some of the biggest names in the business.
2008-09-18 10:14:14 -
Short Sellers Under Fire in U.S., U.K. After Lehman, AIG Fall (Bloomberg.com)
Sept. 19 (Bloomberg) -- The Securities and Exchange Commission may halt short selling of Wall Street brokerages, pressing an assault on speculators after the collapse of Lehman Brothers Holdings Inc.
2008-09-18 10:44:39 -
Philippine stock index rebounds 4.7 percent (INO News)
(AP:MANILA, Philippines) Philippine shares rebounded Friday on bargain-hunting and on positive news of a possible U.S. government plan to rescue banks from bad mortgage debts.
2008-09-18 10:47:34