Mortgage and Financial News From 2008-1-23 Page 13

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  • ARMs are no longer turning heads - The Olympian

    ARMs are no longer turning headsThe Olympian, WA - 17 minutes ago... share since June 2003, when interest rates on fixed-rate loans were near a 45-year low and refinance activity was near a peak, according to Freddie Mac. ...
    2008-01-23 08:53:01

  • Money matters should be in order before searching for home - The Olympian

    Money matters should be in order before searching for homeThe Olympian, WA - 17 minutes agoThose who chose the opposite in the past several years are largely the homeowners now scrambling to refinance, sell or stave off foreclosure in this slow ...
    2008-01-23 08:53:02

  • Mortgage originations expected to fall in 2008 - The State

    Mortgage originations expected to fall in 2008The State, SC - 15 minutes agoLending standards have been tightened significantly and home prices have declined in many areas, discouraging refinance activity, the MBA said. ...
    2008-01-23 08:55:34

  • Now Is the Time to Refinance - Wall Street Journal

    Now Is the Time to RefinanceWall Street Journal - 10 minutes agoMr. Sapienza's advice: Look closely at all the closing costs, as well as interest rates, before deciding to refinance. Unless you are saving half a ...
    2008-01-23 09:00:33

  • Agreement Closer for Economy Rescue Pact - The Associated Press

    Agreement Closer for Economy Rescue PactThe Associated Press - 9 minutes ago... Housing Administration that would make it easier for thousands of homeowners with ballooning interest rates to refinance into federally insured loans. ...
    2008-01-23 09:01:12

  • Lawmakers Hope Pact To Revive Economy Near (NBC 5 Chicago)

    Democratic and Republican leaders work toward an agreement with the White House on a package to jolt the economy out of its slump.
    2008-01-23 08:11:08

  • Lawmakers Seek Agreement On Economy Package (WFTV 9 Orlando)

    Seeking a package to jolt the economy out of its slump, Democratic and Republican leaders work toward an agreement.
    2008-01-23 08:16:52

  • Talks progressing on stimulus package (Connecticut Post)

    WASHINGTON — Democratic and Republican leaders said they were getting closer to agreement with the administration Wednesday on an emergency measure to jolt the economy out of
    2008-01-23 08:40:16

  • (AFX UK Focus) 2008-01-24 04:23 GMT: Asian shares up after Wall Street's turnaround;t sentiment still cautious UPDATE (Interactive Investor)

    SINGAPORE (Thomson Financial) - Asian stocks continued to recover from recent losses on Thursday after Wall Street staged a startling turnaround overnight, although gains were capped by continued uncertainty after the recent volatility in global markets.
    2008-01-23 08:40:52

  • Caught in a wave of debt (Milwaukee Journal Sentinel)

    Bankruptcy filings jumped 39% in Wisconsin last year, an increase driven partly by adjustments in mortgage payments...
    2008-01-23 08:49:11

  • Centro optimistic on bank deadline, shares surge (Reuters via Yahoo! Singapore News)

    MELBOURNE, Jan 24 - The new chief executive of Centro Properties Group , one of Australia's biggest casualties of the global credit crunch, reaffirmed on Thursday there would be no firesale of assets and said it was optimistic over refinancing talks, sending its shares up 38 percent.
    2008-01-23 08:49:23

  • UPDATE 2-Centro optimistic on bank deadline, shares surge (Reuters Finance News, Australia via Yahoo!7 Finance)

    MELBOURNE, Jan 24 (Reuters) - The new chief executive of Centro Properties Group CNP.AX, one of Australia's biggest casualties of the global credit crunch, reaffirmed on Thursday there would be no firesale of assets and said it was optimistic over refinancing talks, sending its shares up 38 percent.
    2008-01-23 08:50:18

  • Congress, White House close to economic deal (Houston Chronicle)

    House Democratic and Republican leaders appeared close to agreement Wednesday night with the White House on a significantly reworked package of emergency tax cuts to jolt the economy out of its slump.
    2008-01-23 09:06:21

  • Rate cuts calm, a bit

    Riverside Press Enterprise - ... people with shaky credit used in recent years to buy homes and refinance ... Since the Fed began cutting its key interest rate last summer, mortgage ... than 15 years, according to a report released Tuesday by DataQuick Information ...
    2008-01-23 08:28:00

  • Mpls Urban League, ACORN launch anti-foreclosure program

    Minnesota Spokesman-Recorder - ... Twin Cities metropolitan area — one in every three — have a very high incidence of receiving a high-cost mortgage refinance ... He advises present and potential homeowners to seek all the information needed while applying for a loan. “We don’t ...
    2008-01-23 09:18:00

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