Mortgage and Financial News From 2008-2-12 Page 2

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  • Home values buck national trend - Grand Junction Sentinel

    Home values buck national trendGrand Junction Sentinel, CO - 1 hour agoShe pointed to two reasons: inventory levels; and long-term mortgage rates that have been averaging below 6 percent for the first part of the year. ...
    2008-02-12 10:54:58

  • Lawmakers take aim at mortgage lenders - Pasadena Star-News

    Lawmakers take aim at mortgage lendersPasadena Star-News, CA - 50 minutes agoEd Smith, vice president of the California Association of Mortgage Brokers, said that prepayment penalties actually result in lower interest rates for most ...
    2008-02-12 11:06:01

  • Home loans at lowest level for 12 years - Home Move

    Home loans at lowest level for 12 yearsHome Move, UK - 48 minutes agoFor first-time buyers, the combination of subdued house price inflation and lower mortgage rates means affordability should ease gradually as the year ...
    2008-02-12 11:08:41

  • Rics - house price falls for sixth consecutive month - Home Move

    Rics - house price falls for sixth consecutive monthHome Move, UK - 30 minutes agoInterest rates were cut last week from 5.5% to 5.25% so if mortgage lenders filter the recent interest rate cuts into the market, demand should begin to ...
    2008-02-12 11:26:53

  • Commonwealth's Profit Growth Is Slowest in 3 Years (Update3) (Bloomberg.com)

    Feb. 13 (Bloomberg) -- Commonwealth Bank of Australia, the nation's biggest mortgage lender, posted the slowest profit growth in more than three years as funding costs and provisions for bad debts increased.
    2008-02-12 07:12:07

  • Housing Downturn Has Positive for Apartment Industry (Multi-Housing News)

    Washington D.C.--The ongoing financial market turmoil and its effects on the broader economy are having varied consequences on the apartment sector, according to the National Multi Housing Council’s (NMHC) latest Quarterly Survey.
    2008-02-12 07:13:59

  • Asian Stocks Gain on Sea-Cargo Rates, Metal Prices; BHP Climbs (Bloomberg.com)

    Feb. 13 (Bloomberg) -- Asian stocks advanced for a second day, led by shipping lines and commodity producers, on speculation a rally in sea-cargo rates and metal prices will weather a global slowdown.
    2008-02-12 07:27:03

  • Retail Sales Probably Fell, UBS Says (Nasdaq)

    (RTTNews) - We expect a sharper decline in total retail sales than the consensus; we forecast a 1.0 percent drop, says UBS analyst Kevin Cummins in the firm's daily U.S. economic comment.
    2008-02-12 09:52:42

  • Commonwealth Bank's Profit Growth Slows, Shares Slump (Update5) (Bloomberg.com)

    Feb. 13 (Bloomberg) -- Commonwealth Bank of Australia, the nation's biggest mortgage lender, posted the slowest profit growth in more than three years as funding costs and provisions for bad debts increased. The shares fell to a 16-month low.
    2008-02-12 09:57:03

  • The Housing Bust Shakes Up Rentals (BusinessWeek)

    In most housing downturns, rental markets thrive. This time, a glut of properties has put the brakes on rent hikes in many cities
    2008-02-12 11:09:57

  • Biz Monday: Helpful tips for tax time

    News-Press - Form 1098 showing 2007 home mortgage interest and points, as well as mortgage insurance premiums on home acquisition debt ... This includes anything needed to calculate a cost basis for IRAs and other investments that may be sold many years in the ...
    2008-02-10 10:04:00

  • Seven ways to prep for retirement

    Redlands Daily Facts - Paying off your mortgage and other debt will not only allow you to lower your expenses in retirement, but will also bring ... A qualified financial planner can calculate the amount of income you should take from your savings and help you avoid running ...
    2008-02-12 01:19:00

  • The guy's guide to romantic gifts - Morgan Hill Times

    The guy's guide to romantic giftsMorgan Hill Times, CA - 11 hours agoThen plan to take out a second mortgage on the house. Listen to me carefully here, boys: No girl that I've met is happy when the act of opening a gift is ...
    2008-02-12 11:31:18

  • S&P Revises Outlook on AIG to Negative (Insurance Journal)

    American International Group Inc. may be quite sanguine about its financial outlook (See related article), but Standard & Poor's Ratings Services isn't quite as confident. S&P announced that it has re
    2008-02-12 09:33:43

  • Thailand Won't Lift All Capital Curbs, JPMorgan Says (Update1)

    Bloomberg - Prime Minister Samak Sundaravej last week said the government plans to ease restrictions on foreign capital inflows to ... said he is waiting for the central bank to provide more information and that monetary policy, including the key interest rate ...
    2008-02-12 09:40:00

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