Mortgage and Financial News From 2008-3-5 Page 15

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  • Expert: Don Taylor, Ph.D., CFA, CFP (Bankrate.com)

    Dear Dr. Don, My husband just received a bonus and, after paying off our credit cards, we have $20,000 left over. We are saving up for the down payment on a house, so we would like to get the best interest rate possible. We have at least 18 months before we will be able to purchase a home.
    2008-03-04 05:59:56

  • Women and money: Stash it, don't cash it (The Daily News)

    By now you've heard that the latest economic stimulus package has passed both houses of Congress and was signed by President Bush. The rebate you're about to get should be saved, not spent. It should be used to pay down debt and build up an emergency savings account. What you need to focus on is not what your government wants you to do for the national economy, but what you can do for your ...
    2008-03-04 10:25:26

  • US concerned on mortgage losses, consumer debt

    Daily Times - US concerned on mortgage losses, consumer debt WASHINGTON: ... NABE) found its membership had also become more worried that US interest rates ... to address the credit situation, with more than one-third saying current monetary ...
    2008-03-03 03:12:00

  • Dollar rises ahead of rates decision

    News.com.au - Australian retail trade at current prices was flat in January to a seasonally ... Should the central bank raise rates, it will be the first back-to-back rate rise ... My kids feel your pain 2. Rate fears wipe $41bn off market 3. Mortgage time bomb is ...
    2008-03-03 05:28:00

  • Thornburg Back From the Brink

    Forbes - ... agreements, it may have the "adverse effect on the company's ability to continue its business in the current manner. ... Thornburg and other lenders have been hit hard by rising rates of U.S. mortgage defaults, which damage the value of their loan books
    2008-03-03 03:19:00

  • UPDATE 2-Bernanke-More house price drops, loan woes likely

    Forbes - ... to roughly a 66 percent chance of a cut in benchmark interest rates by three-quarters of a percentage point from the current 3 ... of avoiding delinquency and foreclosure" than reducing interest rates on troubled home loans, he said. When a mortgage is ...
    2008-03-04 08:15:00

  • More pain as rates rise .25 percent

    News.com.au - However, now that the problem has reached such proportions, the current government must ... So next time you want to moan about interest rates, consider for a minute - would you rather have to pay more on your mortgage repayments now and be employed, or ...
    2008-03-03 07:44:00

  • THOMSON FINANCIAL NEWS TOP STORIES Macroeconomics 15:30 GMT

    CNN Money - ... hour for all workers aged 22 years and older, from the current level of 5.52 stg an hour. 2008-03-05 12:19:15 Mortgage ... loan data to be released Wednesday will show whether mortgage applications declined for the fourth-straight week as interest rates ...
    2008-03-05 07:45:00

  • Thornburg Mortgage Finances Nearly $1.0 Billion of Prime Hybrid ARMs ...

    MSN MoneyCentral - These forward-looking statements are based on current expectations, estimates and projections, and are not ... statements due to a number of factors, including general economic conditions, market prices for mortgage securities, interest rates, the ...
    2008-03-03 12:27:00

  • Consumer confidence dives, but interest rate cut off cards

    MyFinances.co.uk - ... However, Nationwide predicts an 80 per cent chance of interest rates remaining at ... at the beginning of February to have had any effect, but it is unlikely in current ... Exclusive mortgage products not available on the high street.
    2008-03-05 06:27:00

  • Bernanke: More mortgage, home woes ahead

    CNN Money - ... simply freezing or reducing interest rates. The lender would receive a warrant for the amount that the mortgage's loan balance is reduced, with the understanding it would only be paid with the proceeds of a sale at a higher price than the current ...
    2008-03-04 07:47:00

  • Bush and Fed Step Toward a Mortgage Rescue

    Stockhouse Canada - Bush and Fed Step Toward a Mortgage Rescue 3/5/2008 6:39:00 AM ET Related symbols ... In addition to sharply cutting interest rates, the Fed has lent more than $160 ... Known as HomeSaver Advance, the loans could help Fannie Mae keep mortgages current ...
    2008-03-05 05:01:00

  • Experian and Varolii Un-Crunch Debt Collections for Creditors

    Forbes - ... ORLEANS, March 5 /PRNewswire/ -- The Credit Crunch is far from over, and the spillover from the subprime mortgage ... analytics can be integrated with customer communications to reduce loan defaults and improve delinquency rates -- even in the current ...
    2008-03-05 06:05:00

  • Fed Chief: More Aid Needed

    The Ledger - One of the suggestions Bernanke made was for mortgage and other financial companies ... They were further socked by low introductory rates on their adjustable mortgages ... that the interest rate on a typical subprime ARM slated to reset in the current ...
    2008-03-05 03:06:00

  • Bernanke calls for mortgage forgiveness

    The Australian - Dr Bernanke's call, in a speech to bankers, is an acknowledgement that the current focus on reducing home owner's monthly payments by modifying their mortgage rates does not solve the underlying problem: the growing number of US homes now worth less ...
    2008-03-05 05:37:00

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