Mortgage and Financial News From 2008-1-9

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  • Another interest rate rise likely

    News.com.au - THE chances of an official interest rate rise next month are firming, after ... The growth indicators will only heighten the RBA's concerns about inflation ... 1. Commonwealth Bank lifts home loan rate 2. The rise of the 40-yr mortgage 3. Bosses ...
    2008-01-09 06:57:00

  • Guidance through the mortgage crisis

    Christian Science Monitor - ... number of these people accepted mortgages that began with low interest ... dwell in Soul is to say to troubled thoughts and fears that there is only one ... they had on their menus back in Egypt – everyone affected by the mortgage ...
    2008-01-09 07:26:00

  • Look beyond the low rates of mortgage 'bargains'

    Daily Telegraph - SHOPPERS can save thousands of pounds on a mortgage in the New Year sales, but they ... While these offers are likely to attract considerable interest, borrowers should ... get on the property ladder will be unable to obtain the product as you can only ...
    2008-01-09 09:28:00

  • ECONOMIC FORUM / G-8 must address global economy / Environment not ...

    Daily Yomiuri On-Line - ECONOMIC FORUM / G-8 must address global economy / Environment not only crucial ... An excessive amount of U.S. subprime mortgage loans to low-income borrowers has ... Conflicts of interest between industrialized and developing countries have grown ...
    2008-01-09 10:25:00

  • Fitch Upgrades 2 Classes of Bear Stearns Commercial Mortgage ...

    Forbes - Fitch Ratings has upgraded Bear Stearns Commercial Mortgage Securities Trust 2004-TOP16, commercial mortgage pass-through ... Interest-only class X-1 at 'AAA'; --Interest-only class X-2 at 'AAA'; --$13 million class D at 'A'; --$15.9 million class E ...
    2008-01-09 09:20:00

  • Consumer debt surges $15.4B in November - Providence Business News

    Consumer debt surges $15.4B in NovemberProvidence Business News, RI - 2 hours agoThe average credit-card interest rate in November was 13.08 percent. Non-revolving debt, such as auto loans, increased at a November rate of 5.0 percent, ...
    2008-01-09 09:02:16

  • Riding Across Policy Tightening On Higher Ground - BizChinaUpdate

    Riding Across Policy Tightening On Higher GroundBizChinaUpdate, China - 2 hours agoFor the homebuyers, the mortgage down payment and interest rate for the second property have been raised further. The government also tightened liquidity, ...
    2008-01-09 09:03:41

  • Fitch Upgrades 2 Classes of Bear Stearns Commercial Mortgage ... - StreetInsider.com (subscription)

    Fitch Upgrades 2 Classes of Bear Stearns Commercial Mortgage ...StreetInsider.com (subscription), MI - 2 hours ago... --$80 million class A-5 at 'AAA'; --$676.1 million class A-6 at 'AAA'; --Interest-only class X-1 at 'AAA'; --Interest-only class X-2 at 'AAA'; ...
    2008-01-09 09:13:41

  • Fitch Upgrades 2 Classes of Banc of America 2003-1 - StreetInsider.com (subscription)

    Fitch Upgrades 2 Classes of Banc of America 2003-1StreetInsider.com (subscription), MI - 1 hour ago... --$506.2 million class A-2 at 'AAA'; --Interest-only class XC at 'AAA'; --Interest-only class XP-1 at 'AAA'; --Interest-only class XP-2 at 'AAA'; ...
    2008-01-09 09:46:43

  • Fitch Upgrades 2 Classes of Bear Stearns Series 2000-WF2 - StreetInsider.com (subscription)

    Fitch Upgrades 2 Classes of Bear Stearns Series 2000-WF2StreetInsider.com (subscription), MI - 1 hour agoIn addition, Fitch affirms the following: --$15.7 million class A-1 at 'AAA'; --$529.4 million class A-2 at 'AAA'; --Interest-only class X at 'AAA'; ...
    2008-01-09 09:46:44

  • Marks & Spencer Shares Slide on Unexpected Sales Drop (Update5) - Bloomberg

    Marks & Spencer Shares Slide on Unexpected Sales Drop (Update5)Bloomberg - 1 hour agoThe Bank of England last month cut interest rates for the first time in two years, after five increases since August 2006 threatened economic growth. ...
    2008-01-09 10:08:39

  • year US recession may hurt Republicans - Guardian Unlimited

    year US recession may hurt RepublicansGuardian Unlimited, UK - 1 hour agoWorries about a recession have steadily grown in recent months as a housing downturn and a spike in mortgage defaults led to billions of dollars in losses ...
    2008-01-09 10:20:21

  • Breaking Down Different Types Of Insurance - Evening Bulletin

    Breaking Down Different Types Of InsuranceEvening Bulletin, PA - 1 hour agoFor example, one agent is quoted as follows: "Look at the bankruptcies in the US Fifty percent are due to illness, that someone could not pay their mortgage ...
    2008-01-09 10:26:07

  • ECONOMIC FORUM / G-8 must address global economy / Environment not ... - The Daily Yomiuri

    ECONOMIC FORUM / G-8 must address global economy / Environment not ...The Daily Yomiuri, Japan - 1 hour agoAn excessive amount of US subprime mortgage loans to low-income borrowers has caused a growing number of defaults, causing turbulence not only in the US ...
    2008-01-09 10:32:04

  • Neighborhood still at odds with planned Hammond-Ridgeway signals - Waterloo Cedar Falls Courier

    Neighborhood still at odds with planned Hammond-Ridgeway signalsWaterloo Cedar Falls Courier, IA - 1 hour ago"It's great that there's so much interest in this. We know this is an issue and the only way to work through it is to work together. ...
    2008-01-09 10:43:05

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