Mortgage and Financial News From 2008-3-16 Page 19

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  • Affluent are also losing homes (Baltimore Sun)

    Md.'s richest areas see high rate of foreclosures The best immunization against foreclosure used to be affluence. No more.
    2008-03-16 03:26:17

  • Markets close to recovery? (News 24 South Africa)

    Investors nursing whiplash symptoms after watching the market's recent wild swings may find that Wall Street will deliver some relief in the coming weeks.
    2008-03-16 03:38:34

  • Before you bid on that house at auction, consider these factors (Belleville News-Democrat)

    Q. We are considering buying a home through an auction process. Some friends in the real estate industry advised us to be careful and to evaluate who is conducting the auction and to determine if it is a true auction.
    2008-03-16 03:41:07

  • Rescue Me: A Fed Bailout Crosses a Line (NYTimes.com via Yahoo! Finance)

    The Fed’s effort to bail out Bear Stearns could have ugly consequences.
    2008-03-16 03:42:01

  • Local agent says Milwaukee housing market looks good (OnMilwaukee.com)

    John Dye, real estate sales associate with Terapak Realty, to provide insight on the current housing market in Milwaukee.
    2008-03-16 03:51:54

  • Continuing Economic Slowdown Forcing Bernanke To Improvise (New London Day)

    Washington — As chairman of the Federal Reserve, Ben S. Bernanke has long argued that a central bank should base its policies as much as
    2008-03-16 03:56:02

  • Student loan crunch (York Daily Record)

    Although the subprime mortgage crisis has caused some loan providers to halt student loan programs, experts believe most students won't notice the change.
    2008-03-16 03:56:59

  • Borrowers facing negative equity

    West Online - Thousands of Perth families face owing more on their mortgages than their homes are worth, with fresh figures revealing prices in more than half of Perth’s suburbs have fallen this year. As the double whammy of multiple interest rate rises and ...
    2008-03-15 06:06:00

  • High inflation would not allow RBI to cut rates: CEOs

    Economic Times - NEW DELHI: Expressing concern at inflation rate touching a nine-month high of 5.11 per cent, India Inc on Sunday said the price rise would not let RBI slash interest rates even though such a step is required to give a fillip to the slowing industrial ...
    2008-03-16 12:26:00

  • SKorean technology shares close lower on caution ahead of Fed rate ...

    Forbes - But the market lost ground as foreign investors continued to dump shares to exit the market while other investors refrained from aggressive buying for fear of a possible interest rate hike in China as early as this weekend.
    2008-03-14 01:40:00

  • More rate cuts from Fed expected Tuesday

    Biloxi Sun Herald - Graphic shows the federal interest rates since 1990; 2c x 2 1/8 inches; 96.3 mm x 54 mm Senator Hillary Clinton says the Feds bailout of Bear Stearns was s sign of just how serious the economic situation is right now. Fed chairman vows to help ...
    2008-03-14 05:53:00

  • Futures higher after flat CPI reading

    Boston Globe - NEW YORK (Reuters) - Stock index futures turned higher on Friday after a government report showed consumer prices were unchanged in February, boosting chances for a big interest rate cut next week. S&P 500 futures jumped 10.70 points, above fair ...
    2008-03-14 05:36:00

  • Vital Signs: Economists See Half-Point Rate Cut

    BusinessWeek - Market expectations are for at least a half-point cut in the 3% target interest rate. That’s also the projection of all 21 economists surveyed by Action Economics.
    2008-03-12 05:55:00

  • Oil price tops record

    Baltimore Sun - The dollar has been weighed down by concerns about the U.S. economy and the Federal Reserve's interest rate cutting campaign. Lower interest rates tend to weaken the dollar, which fell yesterday to a new low of $1.5275 against the euro.
    2008-03-15 08:51:00

  • Suffering in Silence Over Foreclosure

    Washington Post - Mitchell, a single mother, bought the house eight years ago for $200,000, and took out a fixed-rate mortgage with a 7 percent interest rate. It was her first house and, as a young woman earning $90,000 a year at a job in sales, she was proud of it.
    2008-03-15 07:39:00

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