Mortgage and Financial News From 2008-1-5 Page 48
Previous Day: 2008-01-04
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Stocks Sink on Jobs Data; Tech Plummets
Forbes - Investors had been awaiting the jobs report for weeks as they tried to determine whether the economy would continue to benefit from robust consumer spending even as sectors like home construction, mortgage writing and manufacturing slow. Wall Street ...
2008-01-05 12:14:00 -
Amid subprime mortgage meltdown, bankruptcies on rise across state, U ...
Minneapolis Star Tribune - Samuel Gerdano, executive director of the institute, said in a prepared statement that the trend is likely to worsen this year, as consumers' high debt loads are "made worse by the home mortgage crisis." One of the forces to which Walker referred was ...
2008-01-02 03:55:00 -
Heavy debts weigh on couple's retirement plans
Globe and Mail - Their home mortgage comes up for renewal in August. Interest rates could rise by one percentage point in the next eight months and add $2,600 a year to the costs of servicing their debts, the planner estimates. Wendell and Margie would like to have ...
2008-01-04 07:56:00 -
Stacked flats keep living on the level
St. Petersburg Times - Steven has an office in the den where he can "mess with his music," and Dorothy, a former mortgage company closer, has her home office in the guest room. "For two people it's plenty of space," she said. Rico and Nakia Ashley are among the young ...
2008-01-04 11:31:00 -
Mortgage difficulties beyond one's control
Chicago Tribune - ... upward for a long period of time, a lot of people were convinced that after a period of several years of home ownership versus paying rent, they would have sufficient equity in which to refinance the loan into a conventional, fixed-rate mortgage. ...
2008-01-04 11:53:00 -
Home Front: Housing trends for 2008
St. Petersburg Times - Goodbye, exotic mortgage products. The home's carbon footprint: How energy-efficient and environmentally friendly is this house? Off-the-grid homes: Solar and wind backups to conventional power. Ann Mack, leading trend spotter at the J. Walter Thompson ...
2008-01-04 11:31:00 -
To rebuild or not to rebuild is still the question in Laguna slide ... - Los Angeles Times
To rebuild or not to rebuild is still the question in Laguna slide ...Los Angeles Times, CA - 58 minutes agoHe and his wife had lived in Bluebird Canyon for 35 years; they bought their two-story home there for just $29000 in 1970. They had paid off the mortgage, ...
2008-01-05 12:01:16 -
Weak job growth sinks stocks - Philadelphia Inquirer
Weak job growth sinks stocksPhiladelphia Inquirer, PA - 55 minutes ago... would continue to benefit from robust consumer spending even as sectors such as home construction, mortgage writing and manufacturing have slowed. ...
2008-01-05 12:04:36 -
Steve Wiegand: Lawmakers back; so is the bluster - Sacramento Bee
Steve Wiegand: Lawmakers back; so is the blusterSacramento Bee, USA - 54 minutes agoThis is not to be confused with the home mortgage crisis, the water delivery system crisis, the illegal immigration crisis, the health insurance crisis or ...
2008-01-05 12:05:39 -
Mortgage approvals hit new low - The Press Association
Mortgage approvals hit new lowThe Press Association - 54 minutes agoThe data comes the day after the Bank warned consumers are likely to face higher mortgage costs, while the availability of home loans is set to fall as a ...
2008-01-05 12:05:39 -
Investor Palooza 2008 Features a Star-Studded Panel of Real Estate ... - PR.com (press release)
Investor Palooza 2008 Features a Star-Studded Panel of Real Estate ...PR.com (press release), NY - 53 minutes agoMr. Goins is also Owner of Financial Help Services, Inc., a mortgage broker and private lender of traditional and hard money loans. His home study course, ...
2008-01-05 12:06:29 -
New Laws Cause Rush of Foreclosures - Fort Collins Now
New Laws Cause Rush of ForeclosuresFort Collins Now, CO - 53 minutes ago... under the new system, once the home is sold, the borrower had no recourse—it’sa done deal. The state also will begin licensing mortgage brokers in 2008. ...
2008-01-05 12:06:45 -
Local job outlook not bleak - Charlotte Observer
Local job outlook not bleakCharlotte Observer, NC - 52 minutes agoThe area continues to feel tremors of the economic fallout from the housing and subprime mortgage crisis afflicting many parts of the country. ...
2008-01-05 12:07:27 -
Foreclosures hit another record in Weld, Larimer counties -- but ... - Greeley Tribune
Foreclosures hit another record in Weld, Larimer counties -- but ...Greeley Tribune, CO - 48 minutes ago"I don't think we've totally reached our peak," said Angell Fuchs, a mortgage consultant with Home Team Lending, 1019 37th Ave. Court, No. 1 in Greeley. ...
2008-01-05 12:11:39 -
Credit Crisis Deepens - ATM Withdrawl Limits Next? - The Market Oracle
Credit Crisis Deepens - ATM Withdrawl Limits Next?The Market Oracle, UK - 47 minutes agoThe loan officer made a moral and financial decision every time he granted a loan or a mortgage. In today's securitized economy, there is no telling where ...
2008-01-05 12:12:56