Mortgage and Financial News From 2008-1-22 Page 21

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  • Rate Cut Expected to Spur Real Estate Market - News10.net

    Rate Cut Expected to Spur Real Estate MarketNews10.net, CA - 1 hour agoTuesday's emergency three-quarter percent interest rate cut by the Federal Reserve Board could help lower short-term mortgage rates and thus help the ailing ...
    2008-01-22 05:30:21

  • Local Financial Experts React to Rate Cut - Fox 12 Boise

    Local Financial Experts React to Rate CutFox 12 Boise, ID - 1 hour agoHe says while in the past when interest rates dropped it was time to refinance. This time, due to the prime mortgage crisis, it will be harder to get ...
    2008-01-22 05:39:32

  • What Does Today's Federal Interest Cut Mean For You? - WDEF News 12

    What Does Today's Federal Interest Cut Mean For You?WDEF News 12, TN - 1 hour agoThe liklihood of these short term interest rates impacting these long term interest such as thirty year mortgage rates. Its not going to happen" However, ...
    2008-01-22 05:42:35

  • John Paine Global View January 2008 - Scoop.co.nz

    John Paine Global View January 2008Scoop.co.nz, New Zealand - 55 minutes agoAs far as the residential loan market here is concerned, loans funded by residential mortgage backed securities are only a fraction of the entire ...
    2008-01-22 05:48:42

  • Economy rocked by a new type of trouble - Seattle Times

    Economy rocked by a new type of troubleSeattle Times, United States - 51 minutes agoFirst, homeowners who used rising house values as a piggy bank in recent years are facing falling values, higher mortgage costs and even foreclosure. ...
    2008-01-22 05:53:03

  • Stock market mayhem – What is happening to global capitalism? - China Worker

    Stock market mayhem – What is happening to global capitalism?China Worker, China - 49 minutes agoThe sell-off continued albeit at a slower pace in New York despite the Federal Reserve’s (US central bank) emergency interest rate cut. ...
    2008-01-22 05:54:37

  • Rep. Rangel: Voters Must Look Past Race, Gender - WNBC

    Rep. Rangel: Voters Must Look Past Race, GenderWNBC, NY - 46 minutes agoIncentives for low income housing, giving some assistance to those who got involved in this subprime mortgage squeeze. Incentives for businesses ...
    2008-01-22 05:57:43

  • BOJ keeps key rate at 0.5%, warns Japanese economy 'slowing' - Thai News Agency MCOT

    BOJ keeps key rate at 0.5%, warns Japanese economy 'slowing'Thai News Agency MCOT, Thailand - 40 minutes agoTOKYO, Jan 23 Kyodo - The Bank of Japan decided Tuesday to keep its key interest rate on hold in a widely expected move and warned that the Japanese economy ...
    2008-01-22 06:03:34

  • Weak data force bank to take bold approach - Financial Times

    Weak data force bank to take bold approachFinancial Times, UK - 39 minutes agoPolicymakers were in-creasingly concerned that while they had already cut interest rates by 100 basis points since the credit crisis began, ...
    2008-01-22 06:05:21

  • Article:Calif. lawmaker seeks to ban certain types of risky mor:/n ... - San Francisco Chronicle

    Article:Calif. lawmaker seeks to ban certain types of risky mor:/n ...San Francisco Chronicle,  USA - 31 minutes agoIn some cases, borrowers were paying only the interest on their loans, and in other cases even less than that. When housing prices began sliding, ...
    2008-01-22 06:13:11

  • Click Here to Read the Entire 2008 State of the State Address - Providence Eyewitness News

    Click Here to Read the Entire 2008 State of the State AddressProvidence Eyewitness News, RI - 29 minutes agorising food and utility prices, rising health care costs and increased mortgage payments - the last thing they need is rising taxes! ...
    2008-01-22 06:14:53

  • Will Bush’s Stimulus Package Work? It Depends on Who You Ask - The Women's International Perspective

    Will Bush’s Stimulus Package Work? It Depends on Who You AskThe Women's International Perspective, CA - 23 minutes agoThe largest mortgage lenders are trying to sell themselves to the banks that once funded them. And banks keep writing down loan values on their books faster ...
    2008-01-22 06:20:37

  • FirstMerit Q4 2007 Earnings Call Transcript - Seeking Alpha

    FirstMerit Q4 2007 Earnings Call TranscriptSeeking Alpha, NY - 18 minutes agoOur residential mortgage portfolio experienced $900000.00 in net charge-offs favorable to $1.5 million at 09/30/07 and comparable to half a million dollars ...
    2008-01-22 06:25:42

  • One on One with Robert McTeer, Fellow, National Center for Policy ... - Nightly Business Report

    One on One with Robert McTeer, Fellow, National Center for Policy ...Nightly Business Report, FL - 18 minutes agoWhat started out as a sub-prime mortgage problem in the United States is now a full-fledged global credit crunch. What do you think? ...
    2008-01-22 06:26:20

  • NBR Transcripts- January 22, 2008 - Nightly Business Report

    NBR Transcripts- January 22, 2008Nightly Business Report, FL - 18 minutes agoSUSIE GHARIB: A big surprise today from the Federal Reserve, as it cut interest rates in a big way. The central bank slashed its Federal funds rate by three ...
    2008-01-22 06:26:23

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