Mortgage and Financial News From 2008-1-25 Page 62

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• US home sales 'see 25-year low'

  BBC Business - US home sales 'see 25-year low' ... Its figures come two days after the Federal Reserve slashed interest rates. The ... market has been at the centre of the slowdown in the US economy, with record mortgage ...
  2008-01-24 08:48:00

• U.S. Economy: Existing Home Sales Fall, Prices Drop (Update1)

  Bloomberg - Existing Home Sales Fall, Prices Drop (Update1) By Courtney Schlisserman Jan. 24 (Bloomberg) -- Sales of existing homes ... Mortgage rates are also dropping, making homes more affordable to those able to get financing. The Realtors group's affordability ...
  2008-01-24 11:40:00

• Existing single-family home sales drop

  CNBC - ... many investors into the market hoping to buy homes and flip them for quick profits as home prices in those areas soared at double-digit rates. The abrupt end to the boom has been a severe drag on the economy and resulted in record levels of mortgage ...
  2008-01-24 02:32:00

• Home sales here top overall US - Cincinnati Enquirer

  Home sales here top overall USCincinnati Enquirer, OH - 1 hour agoSuch forecasts, combined with current low mortgage rates and the federal government's plans to stimulate the economy, is welcome news for the local real ...
  2008-01-25 02:24:36

• FirstFed Reports Preliminary Results for the Fourth Quarter of 2007 - StreetInsider.com (subscription)

  FirstFed Reports Preliminary Results for the Fourth Quarter of 2007StreetInsider.com (subscription), MI - 1 hour agoThe current volatile market for residential property and the changing environment for mortgage loans could result in a change in these estimates between now ...
  2008-01-25 02:35:03

• Market sees modest New Year upturn - UKPRwire (press release)

  Market sees modest New Year upturnUKPRwire (press release), UK - 1 hour agoSuch cuts should encourage lenders to pass on the benefits to borrowers, in the form of lower mortgage rates and greater availability of funds. ...
  2008-01-25 02:36:55

• Southland home sales fell drastically in 2007 - Southtown Star

  Southland home sales fell drastically in 2007Southtown Star, IL - 1 hour ago"Home prices are lower, mortgage interest rates continue to decline and incomes are higher, but many potential buyers are delaying a purchase," Yun said.
  2008-01-25 02:37:38

• Economic stimulus: Mortgage change could help Californians buy ... - San Jose Mercury News

  Economic stimulus: Mortgage change could help Californians buy ...San Jose Mercury News,  USA - 53 minutes ago... in the market as well as home sellers, who should benefit from a larger pool of buyers who would be able to get bigger loans at lower interest rates. ...
  2008-01-25 03:07:05

• Economic stimulus: How mortgage change could help Bay Area buyers - San Jose Mercury News

  Economic stimulus: How mortgage change could help Bay Area buyersSan Jose Mercury News,  USA - 53 minutes agoStanley Tseng, president of the Silicon Valley chapter of the California Mortgage Brokers Association, said the savings for Bay Area home buyers under ...
  2008-01-25 03:07:06

• Gregoire talks to Realtors - The Olympian

  Gregoire talks to RealtorsThe Olympian, WA - 51 minutes agoShe also said the state has one of the lowest foreclosure rates nationwide. "The only thing we have to fear is fear itself," Gregoire said, quoting former ...
  2008-01-25 03:08:47

• The housing meltdown? It didn't have to be this way - Fort Worth Star Telegram

  The housing meltdown? It didn't have to be this wayFort Worth Star Telegram, TX - 42 minutes agoIn the United States, the victims range from shell-shocked homebuyers unable to keep up ballooning subprime mortgage payments to middle-class investors ...
  2008-01-25 03:18:04

• The Stimulus Swindle - In These Times

  The Stimulus SwindleIn These Times, IL - 41 minutes agoIn the last month, the financial industry’s profit margins dropped thanks to mortgage defaults brought on by irresponsible lending. ...
  2008-01-25 03:18:49

• Student loan may stop you buying a home - This is Money

  Student loan may stop you buying a homeThis is Money, UK - 32 minutes agoWe answer the question on everyone's lips: Get an idea of some of the best mortgage interest rates on the market with our tables. >> Mortgage rates The ...
  2008-01-25 03:28:13

• Mortgage crisis gets attention at Capitol - Daily Review Online

  Mortgage crisis gets attention at CapitolDaily Review Online, CA - 29 minutes agoD-Newark, which would require loan companies to provide home owners with more warning before their mortgage rates increase — an emergency first step while ...
  2008-01-25 03:30:50

• Tanzania: Not Enough Money or Not Enough Opportunities? - AllAfrica.com

  Tanzania: Not Enough Money or Not Enough Opportunities?AllAfrica.com, Washington - 26 minutes agoThe company hopes to join the DSE this year to further boost its image as a home-grown company. "We want people to realize that we are a passionate Tanzania ...
  2008-01-25 03:33:42

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