Mortgage and Financial News From 2008-7-7 Page 8
Previous Day: 2008-07-06
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Hope of easing credit crunch premature - The Australian
THE global credit crunch, which has helped drive up home mortgage rates in Australia, looks set to continue after an improvement in credit market conditions in May proved to be a false dawn. Credit strategists say the market will remain volatile and ...
2008-07-07 07:01:00 -
Mortgages 'stuck on high rates' - BBC News
The Council of Mortgage Lenders (CML) added that the effect of the Bank of England's scheme to free up inter-bank lending is yet to be felt by borrowers. The rising cost and lack of availability of mortgages is primarily a concern for new borrowers ...
2008-07-07 08:13:00 -
House price growth lowest since Sept 1999 (SABC News)
Nominal year-on-year (y/y) house price growth declined to 3.8% in June this year, from a revised 4.7% in May, according to the latest Absa House Price Index released today.
2008-07-07 01:36:01 -
U.K. Factory Production Weakens to Eight-Month Low (Update2) (Bloomberg.com)
July 7 (Bloomberg) -- U.K. manufacturing unexpectedly contracted in May to the weakest in eight months, choked by record commodity prices and slowing economic growth.
2008-07-07 02:51:47 -
German, U.K. Manufacturing Drop as Growth Slows Across Europe (Bloomberg.com)
July 7 (Bloomberg) -- Manufacturing in Germany and the U.K. declined in May, choked by record commodity prices and slowing economic growth across Europe.
2008-07-07 05:36:42 -
Prices Continue to Fall in Most Markets (Marketwire via Yahoo! Finance)
For April 2008, 21 MSAs tracked by Radar Logic's Residential Property Index(TM) (RPX(TM)) demonstrated a seasonal increase in transaction counts, according to the April 2008 RPX(TM) Monthly Housing Market Report released today by Radar Logic Incorporated. However, only nine of the 25 markets experienced month-over-month price per square foot appreciation, consistent with last year when PPSF ...
2008-07-07 06:23:00 -
Investors on the edge (Herald Sun)
FEARS the corporate sector is about to reveal a wave of profit downgrades sent the stock market into another frantic plunge yesterday.
2008-07-07 07:00:00 -
Crippling Effect Of Global Inflation (The Intelligencer / Wheeling News-Register)
NEW YORK - There is nowhere to hide from inflation.
2008-07-07 08:21:34 -
Mortgages 'stuck on high rates' (BBC News)
Mortgage deals are getting more expensive despite a drop in a key indicator, analysis says.
2008-07-07 08:23:54 -
EverBank Increases Intro Rate on FreeNet Checking Account and Yield Pledge Money Market Account to 4.76% APY (PR Newswire via Yahoo! Finance)
EverBank® announced today rate increases on their high-interest checking and money market accounts. Intro rates for FreeNet Checking and Yield Pledge Money Market accounts rose to 4.76% APY, with top tier rates increasing to 3.51% APY for deposits over $100,000.
2008-07-07 08:30:00 -
Fixed-rate mortgages still going up (Channel 4)
The cost of fixed-rate mortgage deals is continuing to rise, despite a slight easing in the price lenders pay for funds, figures have showed.
2008-07-07 08:30:05 -
Fannie Mae Announces Offering of New Issue 2-Year Benchmark Notes(R) (PR Newswire via Yahoo! Finance)
The following is being issued by Fannie Mae :
2008-07-07 08:31:00 -
Refinance.com Expands National Footprint (Business Wire via Yahoo! Finance)
NEW YORK----Refinance.com, the nation's premier source for residential mortgage refinancing, today announced that it has expanded its licensing and is now accepting mortgage applications in Arkansas, New Hampshire and New Mexico, further expanding its national footprint as a leading mortgage refinance lender.
2008-07-07 08:32:00 -
Statement From Freed & Weiss LLC Regarding Title Insurance Companies Facing Class Action Suits Over Charging Premiums ... (PR Newswire via Yahoo! Finance)
The following statement was issued today by the law firm Freed & Weiss LLC:
2008-07-07 08:49:00 -
Deutsche, UBS Fight History With S&P 500 Forecasts (Update1) (Bloomberg.com)
July 7 (Bloomberg) -- Deutsche Bank AG, Lehman Brothers Holdings Inc. and UBS AG say the Standard & Poor's 500 Index will gain the most in 26 years during this year's second half. That isn't going to happen, if history is any guide.
2008-07-07 08:52:05