Mortgage and Financial News From 2007-10-21 Page 18

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  • Top Florida lender caught in storm

    Miami Herald - ... other national thrifts have also seen their share prices drop, although the problem is amplified in the state. ''A lot of people are down on Florida,'' Camner said, noting BankUnited has lower rates of nonperforming assets than other mortgage lenders ...
    2007-10-20 11:52:00

  • Brian Greenspun tells Gibbons: Here's your chance to prove yourself as ...

    Las Vegas Sun - So, Nevada is having the same problems most other states are having. Revenue is down, the economy is heading south, the homebuilding industry is in a stall and mortgage lenders are making many homeowners unhappy - by the day. What to do? Oh, what to ...
    2007-10-21 01:18:00

  • OUR VIEW: Relief in mortgage foreclosure crisis

    South Coast Today - The state will tighten up the rules under which predatory mortgage lenders do their business by enticing people to borrow far more than they can afford by luring borrowers in at low, low rates that skyrocket a few years later. Besides making certain ...
    2007-10-20 09:51:00

  • Lenders reject Darling's attack (BBC News)

    Mortgage lenders have hit back at accusations that they are responsible for the rapid rise in house prices.
    2007-10-20 08:36:05

  • Fixed and Adjustable Rate Mortgages Compared To Interest Only Loans ...

    Best Syndication - (Best Syndication) This video will explain various mortgage options including a fixed rate mortgage (sometimes called a FRM), an adjustable rate mortgage (sometimes referred to as an ARM), and interest only loans. Although fixed rate mortgages are ...
    2007-10-20 03:31:00

  • Taiwan's Bonds Rise on Interest-Rate Outlook; Currency Gains

    Bloomberg - Oct. 19 (Bloomberg) -- Taiwan's 10-year bonds rose for a second day on speculation a possible rate cut in the U.S. this month will reduce the need for the island's central bank to raise borrowing costs. The local currency gained. The Central Bank of ...
    2007-10-17 05:58:00

  • Labor promises to keep tax cuts

    News.com.au - Asked to guarantee the tax cuts would be delivered, irrespective of interest rate rises or inflation that might occur in the next term of government, Ms Gillard said: “We've got our tax plan ... we've announced it and we'll deliver it.” But Ms ...
    2007-10-20 04:00:00

  • Borrowing between friends just got easier

    Los Angeles Times - The borrower can get a good interest rate and the lender can earn a competitive return on his money. How does it work when friends have an intermediary handle the details? Here are some questions and answers. What's the benefit of using a go-between ...
    2007-10-20 11:52:00

  • Many Valley homeowners pressured or tricked into bad loans, experts ...

    AZCentral.com - And they could quickly refinance at a lower interest rate to bring down the $2,000-plus monthly mortgage payments - all things the Torreses said their loan officer promised. But after signing the loan documents, the couple quickly wanted out of the ...
    2007-10-21 12:21:00

  • Slowing U.K. Expansion May Be Timely, Ernst & Young Will Say

    Bloomberg - The U.K. economy nevertheless grew faster than economists forecast in the third quarter, the government said Oct. 19, indicating the Bank of England's five interest-rate increases in a year haven't yet cooled the pace of growth. Expansion in business ...
    2007-10-21 12:42:00

  • Document your charitable donations

    St. Petersburg Times - A credit line typically has an adjustable interest rate, while a home-equity loan may have a fixed rate. A credit card is the best option only if you've been offered a low rate that's locked in for a while. A "teaser" rate good for just a few months ...
    2007-10-20 09:22:00

  • House eyes cap on high-interest, quick-cash loans

    Union Leader - Since Oregon recently passed a 36 percent interest rate cap, he said, "Every single payday lender and title lender in the state are shutting their doors and turning in their licenses." Banking Commissioner Peter Hildreth supports the interest rate cap ...
    2007-10-20 09:01:00

  • The Gloomsayers Should Look Up

    New York Times - On a more sophisticated note of analysis, the spread between the interest rate paid on risk-free Treasury issues and on the Merrill Lynch master junk-bond index is far, far less than it was in the dark days of the tech meltdown from 2000 to 2002 ...
    2007-10-20 10:12:00

  • Dollar fell to record low against Euro on US rate concerns

    MENAFN - (MENAFN - Advanced Currecy Markets [ACM]) The Dollar fell to a record low against the Euro and a basket of currencies on Thursday, pressured by soft US economic data and sluggish corporate earnings that bolstered chances of an interest rate cut. Bank ...
    2007-10-20 10:34:00

  • Saver plans for nuptials, other events at age 25

    Baltimore Sun - And the interest is currently tax-deductible, "so the net interest rate you are paying is actually less than stated," Pitzl explained. This benefit is phased out once her modified adjusted gross income reaches $50,000. He tells her to re-evaluate ...
    2007-10-21 12:21:00

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