Mortgage and Financial News From 2007-8-26 Page 9

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  • Two signatures on mortgage should protect you, husband during divorce

    Arlington Heights Daily Herald - I would then have to either sell or refinance the home and we would split the money. A friend told my husband this is a bad deal for him because if I don't pay the mortgage, the mortgage company could still come after him. I told him we could write ...
    2007-08-26 05:00:00

  • Mortgage mess hits home

    Cleveland Plain Dealer - I’m at a dead end,” said Denise Schmolz of Brunswick, who can’t afford her soaring mortgage but can’t qualify to refinance. Indeed, housing woes have rocked the lives of many of our neighbors. Here are three stories of local people who have ...
    2007-08-26 11:34:00

  • Cosby Woodruff

    Montgomery Advertiser - Buyers could either sell or refinance in a couple of years when the rates adjusted. It was simply wonderful for the local economy, this agent said. Maybe it was wonderful then, but those are the mortgages that have crashed lenders and kept the stock ...
    2007-08-26 08:49:00

  • Links We Like (WMTW Auburn)

    We'll help you find a balance between love and work. More Whether you want to pay off some bills, remodel, or get a better rate, you can refinance your home online. Just enter your name and other important information and get a handful of approval values and rates in return.
    2007-08-26 11:11:35

  • If You Have an Adjustable Rate Mortgage, Why You Need to Refinance Now (Richfield Reaper)

    (ARA) - When you signed up for that adjustable rate loan a few years back, it probably seemed like a deal too good to pass up. But fast forward to the present, and you're probably starting to get a little nervous.
    2007-08-26 11:05:13

  • Bad Credit and Home Refinance (Richfield Reaper)

    (ARA) - Mortgage rates are at historic lows, and it seems like everyone's jumping on the refinance bandwagon these days. But is it really a good idea for people with bad credit?
    2007-08-26 10:50:11

  • Hint of interest hikes if real deposit rates turn negative

    Worldnews.com - ... in which real deposit rates fall into negative territory for an extended period - signaling the prospect of another interest-rate ... Mercedes-Benz Financial Ranks Highest in Prime Retail Credit and Floor Planning Satisfaction WESTLAKE VILLAGE, Calif ...
    2007-08-26 01:18:00

  • Issues of sugar industry to be discussed on 30th

    DAWN Group - Leaders of sugar industry have been summoned by the prime minister’s committee on inflation control on Thursday (Aug 30 ... They rely on informal sector for credit which is made available to them on 120 to 130 per cent interest rate. The State Bank of ...
    2007-08-26 11:05:00

  • Vickers, bulls and beers: more queries than answers

    Zawya.com - The connection in this case is the sub-prime loans plus the 'hedge fund' effect. The beauty of lending to higher risk borrowers was that the rate of interest earned would be more than average. "Banks had no problem finding takers, but they were ...
    2007-08-26 06:04:00

  • Mortgage defaults still a threat

    Orlando Sentinel - Florida's soaring home-foreclosure rate edged down a bit in July from June, but ... Wrapping up a summit in Montebello, Quebec, with the prime minister of Canada and ... for borrowers with weak credit records -- are ratcheting up their adjustable interest ...
    2007-08-26 11:05:00

  • SUBJECT: Bernanke and FNI Posted By: niccolite

    Stockhouse Canada - ... liquidating positions that have revealed the massive distortions they caused in metal prices, nickel being a prime ... Many of these are still badly beat up after the recent market crash and are likely to benefit from an interest rate cut and ...
    2007-08-26 10:58:00

  • Effects of sub-prime crises not felt locally

    Shawnee News-Star - Sub-prime loans usually have higher interest rates, are adjustable, have prepayment penalties, have higher closing costs and do not carry ... Local lenders have not aggressively promoted adjustable-rate mortgages, said Harris, because the rates on ...
    2007-08-26 05:28:00

  • 401(k) funds should be last-resort loan source

    Courier-Post - But if you borrow from piggy -- essentially giving yourself a loan -- you can avoid the penalty, access ready cash and at the same time set up a plan to repay yourself, with interest, generally a few points above the prime rate. There's no credit ...
    2007-08-26 07:02:00

  • Poll: Labor better economic manager

    News.com.au - Because this is the prime minister that three years ago took personal responsibility for interest rates and promised to keep them at record lows. "Five interest rate rises later, that has just become a `non-core promise'." Immigration Minister Kevin ...
    2007-08-26 06:26:00

  • Story Photos

    Quad-Cities Times - ... are soaring throughout the country because of subprime lending, or mortgage loans ... Sometimes, they receive calls from people who are trying to refinance their homes ... Most lenders have to take several classes to be able to provide that information to ...
    2007-08-25 12:58:00

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