Mortgage and Financial News From 2008-1-9 Page 33

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  • Mortgage rates lowest since 2005, refinancing jumps - USA Today

    Mortgage rates lowest since 2005, refinancing jumpsUSA Today - 8 hours agoNEW YORK (Reuters) — Applications for home mortgages jumped to their highest level in a month last week as concerns about recession pushed interest rates to ...
    2008-01-09 04:56:47

  • Mortgage applications soar as rates plunge: MBA - Reuters

    Mortgage applications soar as rates plunge: MBAReuters - 8 hours agoThe MBA's seasonally adjusted index measuring applications to refinance loans fueled the rise, soaring 53.9 percent to 2494.2. The MBA's index of purchase ...
    2008-01-09 05:01:25

  • City Of Baltimore Suing Wells Fargo - HULIQ

    City Of Baltimore Suing Wells FargoHULIQ, NC - 3 hours agoAs much as $5000 per homeowner could be awarded to help make mortgage payments until homeowners are able to refinance.
    2008-01-09 10:37:24

  • Mortgage rates fall to two-year low - Salt Lake Tribune

    Mortgage rates fall to two-year lowSalt Lake Tribune, United States - 2 hours agoPosted: 12:16 PM- Mortgage rates nationwide have fallen to two-year lows, making it easier for some to buy a home or refinance, a new report shows. ...
    2008-01-09 11:25:09

  • Mortgage Lender's Bankruptcy Would Have Severe Impact on Consumers - FOXNews

    Mortgage Lender's Bankruptcy Would Have Severe Impact on ConsumersFOXNews - 1 hour agoConsumers would find it more difficult to get new mortgages or refinance their existing loans. Many other lenders that specialize in higher-risk lending ...
    2008-01-09 12:13:10

  • 3 PSL residents in jail on drug charges now face mortgage fraud ... - TCPalm

    3 PSL residents in jail on drug charges now face mortgage fraud ...TCPalm, FL - 1 hour ago... for $200515 to refinance a property at 1026 SW Benschop Ave., and Jorge Fernandez said he was an electrician with Global Home Builders for two years, ...
    2008-01-09 12:33:16

  • Mortgage refinancing applications rose 53.9% last week - Philadelphia Inquirer

    Mortgage refinancing applications rose 53.9% last weekPhiladelphia Inquirer, PA - 14 minutes ago... for borrowers to refinance into near or historically low interest rates," said Brett Warren, president of Buyer's Home Mortgage Inc., of Abington.
    2008-01-09 01:38:46

  • Nonprofits bear brunt of foreclosure fight (Muzi)

    Mohammed Ibrahim is overwhelmed by people asking for help. "It's not only the sheer volume of people needing help but the emotion," said Ibrahim, a counselor at the Neighborhood Housing Services of Staten Island in New York. "Each person comes with a different story. Often they break down and cry."
    2008-01-09 09:52:12

  • Mortgage rates fall to two-year low (The Salt Lake Tribune)

    Posted: 12:16 PM- Mortgage rates nationwide have fallen to two-year lows, making it easier for some to buy a home or refinance, a new report shows.
    2008-01-09 11:27:07

  • Mortgage rates lowest since 2005, refinancing jumps (USA Today)

    Applications for home mortgages jumped to their highest level in a month last week as concerns about recession pushed interest rates to their lowest in more than two years, an industry group said Wednesday.
    2008-01-09 12:05:14

  • Rates below 6% on some mortgages signals good time to refinance (Market Watch)

    BOSTON (MarketWatch) -- Greg McBride, senior financial analyst for Bankrate.com, says interest rates on home loans have fallen by roughly half a percentage point since Christmas as lenders have taken a dour outlook on the economy and projected it forward.
    2008-01-09 12:49:32

  • HUD Announces Disaster Assistance to Fernley Victims (KTVN Reno)

    U.S. Housing and Urban Development Secretary Alphonso Jackson today announced HUD will speed federal disaster assistance to flood-ravaged Lyon County in Nevada and provide support to homeowners and low-income renters forced from their homes following severe winter storms and flooding.
    2008-01-09 01:30:20

  • Mortgages rates drop to low last seen in 2005 (Bankrate.com)

    Mortgage rates are at their lowest point in more than two years. Too bad more people won't -- or can't -- take advantage. The benchmark 30-year fixed-rate mortgage plunged 26 basis points, to 5.88 percent, according to the Bankrate.com national survey of large lenders.
    2008-01-09 01:52:20

  • Fears of a U.S. recession mount

    International Herald Tribune - Headlining a bad day for consumer industries Europe-wide, the British retailer Marks & Spencer tumbled by ... British consumers, hit by higher mortgage payments caused by a global credit squeeze, rising energy costs and more expensive food, have been ...
    2008-01-09 12:05:00

  • Election year may not be

    MSNBC - Such news started investors' year off on a bad note. The first three days of trading saw a 3.86 percent ... Most worrisome to investors are the unknowns related to the housing and mortgage market malaise. If credit standards remain tight, and the ...
    2008-01-09 11:22:00

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