Mortgage and Financial News From 2008-10-7 Page 01

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  • How can I lock a lower rate? - MSNBC

    Q: I have an adjustable mortgage loan …As interest rates begin to rise I want to keep an eye out for the moment I need to refinance to a fixed rate.  It has a cap of 11 percent but I would of course like to not go that high.  What percent do you ...
    2008-08-16 04:19:00
  • Mortgage hunt tough, not impossible - Christian Science Monitor

    New York - If you were thinking of getting a mortgage before the current blizzard of bad financial events struck, the good news is: You can still get a home loan, and, at least for now, rates have been falling. But the caveat is: You'd better be ...
    2008-09-21 05:56:00
  • U.S. mortgage rates fell on Thursday - BestInfo - Reuters

    NEW YORK, Sept 4 (Reuters) - The average rate on a 30-year U.S. mortgage with no upfront points fell 1/8 of a percentage point on Thursday to 6-1/4 percent, according to BestInfo Inc. If the mortgage market on Friday continues in its current ...
    2008-09-04 01:29:00
  • HSBC, RBS in Financing Double Whammy as Rates Rise (Update1) - Bloomberg

    Oct. 8 (Bloomberg) -- HSBC Holdings Plc , Royal Bank of Scotland Group Plc and the biggest U.K. banks face the most debt coming due in at least 10 years as the credit market seizure raises borrowing costs to the highest on record. The six largest ...
    2008-10-07 10:16:00
  • Live Debt-Free (Kiplinger Magazine via Yahoo! Finance)

    How to stay on top of your finances when life throws you a curve.
    2008-10-07 03:55:39
  • Debate Watch blog recap (The Myrtle Beach Sun News)

    As Sens. John McCain and Barack Obama square off tonight, The Sun News has recruited four local political activists to post their comments live. The bloggers are Democrats Susan Smith and Bennie Swans and Republicans Alan Clemmons and Karen Sauls.
    2008-10-07 04:28:17
  • McCain pledges homeowner help (The Washington Times)

    Sen. John McCain unveiled a sweeping new proposal to prevent Americans from losing their homes as both presidential candidates battled in their second debate to win over undecided voters.
    2008-10-07 06:50:52
  • Investors bargain-hunting at sheriff's sales may get burned (Pittsburgh Tribune-Review)

    Increasing numbers of home foreclosures are prompting bargain hunters to show up at monthly sheriff's sales.
    2008-10-07 09:24:08
  • Debate analysis: Long on talking points, short on solutions (San Jose Mercury News)

    WASHINGTON — Against a backdrop of an unfolding meltdown in global financial markets and the near-certainty of a U.S. recession, the two candidates for president used the occasion of a much-anticipated town hall meeting Tuesday night to repeat all the talking points they were making long before the recent bank failures, the free fall of stock prices and the federal government's expensive rescue ...
    2008-10-07 09:51:17
  • Experts: Bailout has little impact on individuals (The Saratogian)

    CAPITAL REGION - The ink's dry, but the question remains: what does the recently signed $700 billion Wall Street bailout mean for you and your pocketbook? The answer, at least for now, is not much.
    2008-10-07 10:01:11
  • Conestoga Landfill will help neighbors recoup property losses (Reading Eagle)

    Homeowners within a half-mile of the Conestoga Landfill in New Morgan can recoup losses if their property value drops as a result of living next to the dump.
    2008-10-07 10:12:33
  • Business briefs: 30-year mortgage ticks upward again (The Sarasota Herald-Tribune)

    SARASOTA -- The average rate for a conventional 30-year fixed mortgage on a owner-occupied, single-family home with 20 percent down was 6.125, up an eighth of a point from Monday, Sarasota's Sentinel Mortgage reported.
    2008-10-07 10:16:37
  • Panic grips Gulf investors (MENAFN)

    Panic grips Gulf investors
    2008-10-07 10:05:08
  • Brian J. O'Connor: Wall St. losses, fears grow (Detroit News)

    So exactly when is that bailout gonna kick in? In the two trading days since a massive $700 billion federal financial rescue package was signed, stocks have plummeted. The Dow Jones index is off 875 points, including 508 lost Tuesday.
    2008-10-07 10:12:47
  • AG’s office reaches agreement with Countrywide (McKinney Courier-Gazette)

    AGREEMENT: New agreement with financial corporation could give sub-prime mortgage holders more time to pay their loans before they go belly up.
    2008-10-07 10:16:39