Mortgage and Financial News From 2007-8-26 Page 01
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Mortgages: the big question
Sunday Business Post - However, removing the need for saving prior to securing a mortgage is not necessarily a good thing. Michael Culloty of the Money Advice and Budgeting Service (MABS) said that 100 per cent mortgages were not an ideal route for people taking their ...
2007-08-26 04:17:00 -
Getting Your House Sale-Ready
Worldnews.com - Like many sellers, she thought she needed a pro's advice on how to sell her home quickly. While putting fresh flowers in the ... I received an offer from an independent mortgage lender stating I can refinance my mortgage (currently $215,000 at 5.5 percent
2007-08-26 03:23:00 -
Once-hot Miami struggles to weather housing downturn
Japan Today - The rent money enables me to pay my mortgage. It's the only way I can avoid foreclosure," says Sandy Hernandez of Opa Locka ... We're working with residents who are having problems meeting their mortgages and trying to offer them advice so they don't ...
2007-08-26 10:39:00 -
Bad Credit and Home Refinance
Bradford Era - ARA) - Mortgage rates are at historic lows, and it seems like everyone's jumping on the refinance bandwagon these days. But ... You may want to enlist the help of a financial planner, a loan officer who offers credit advice, or even a credit counseling ...
2007-08-26 08:02:00 -
Invest In Real Estate With No Money Down
Best Syndication - The simplest method is to take over their mortgage payments - called 'assuming' the mortgage. You will need to be approved by ... Syndication is for informational purposes only and is not meant to be advice. You should always seek professional advice ...
2007-08-26 07:55:00 -
Linkfest: The Week Ahead
Street.Com - Mortgage biggie Freddie Mac ( FRE - Cramer's Take - Stockpickr ) reports before the bell Thursday, and after the close, we hear ... Lastly, dear readers, I appeal to you for advice. A torn rotator cuff, shorn cartlidge, and other wear and tear has me ...
2007-08-26 07:47:00 -
Japan Outlook:PM Abe Announces New Cabinet;MOF Tsuda Presser
FXStreet.com - Nor does it provide any form of advice (investment, tax, legal) amounting to investment advice, or make any recommendations regarding particular financial instruments, investments or products. Dow Jones may discontinue or change the Dow Jones content ...
2007-08-26 11:08:00 -
Reports: Investment in Synapse hedge fund sours amid credit crisis
Marketwatch - What started as rising delinquencies in the U.S. subprime mortgage business earlier this year has broadened quickly this summer into a global credit crisis affecting companies in the U.K., France, German, Australia and China. Bank of China Ltd. ( HK ...
2007-08-26 11:08:00 -
Gay Cements Status as World's Fastest Man With Help From Mom
Bloomberg - With his coach scheduled to be released from prison this week, former U.S. sprint relay champion Jon Drummond provided Gay with trackside advice in Osaka. ``My mother and Jon Drummond just kept telling me to believe in my top speed,'' Gay ...
2007-08-26 11:15:00 -
Be wary of popular investment advice
Free Lance-Star - The author writes that the five-year stock market rally is now over, doomed by tightening credit and the imploding mortgage market. Her advice is to sell all stocks and jump into six-month U.S. treasury bills yielding nearly 5 percent. So what is an ...
2007-08-26 04:46:00 -
Be wary of popular investment advice (The Fredericksburg Free Lance-Star)
Weekly column on investment/personal finance books and articles
2007-08-26 05:40:50 -
John NorrisFlirt with risk, but don't bet the house on a mortgage (Montgomery Advertiser)
Question: My wife and I are looking to buy a new home in east Montgomery. She has her heart set on one that is way out of our budget. We have always heard you should buy more house than you can reasonably afford, but I am not so sure. Is there a good rule of thumb for this?
2007-08-26 09:12:47 -
Marin can't shake fallout from mortgage meltdown
Marin Independent Journal - I'm a mortgage broker É I can take him somewhere else and he could have paid a little more for it. (Instead) we perused the credit score and found those four points." MacLean-Fonarow and her client linked the four points to an open credit card account
2007-08-25 12:58:00 -
When the cash magic won't work
Dallas Morning News - Confident, he called a mortgage broker he knows. He asked what kind of financing he could get. "None," the broker told him. The broker, like thousands of others all around the country, had just seen the entire mortgage market ...
2007-08-26 01:28:00 -
Confused by credit come-ons?
Orlando Sentinel - When a mortgage broker checks a consumer's credit, that broker's search is coded with information indicating that the search is occurring because the consumer has applied for a home loan. Third-party companies buy and sell the information, known as ...
2007-08-26 11:26:00