Mortgage and Financial News From 2008-5-27 Page 6
Previous Day: 2008-05-26
Return to the mortgage news archive home.
Page: 01 2 3 4 5 6 7 8 9 10 11 12 13 14 15
-
HSBC calls for rate rises to fight inflation - South China Morning Post
HSBC Holdings (SEHK: 0005 , announcements , news ) , which as early as 2006 became the first lender to sound an alarm over subprime mortgage woes, is calling on central bankers to raise interest rates to curb inflation. It predicts that the United ...
2008-05-27 01:41:00 -
Personal finance chat with Cheryl Costa - Boston Globe
Investment adviser Cheryl Costa of Family Financial Architects in Natick took readers' questions about saving strategies, the real estate market, and budgeting. Here's a transcript. Cheryl_Costa: Hi Everyone! My name is Cheryl Costa and I am excited ...
2008-05-27 02:31:00 -
Time to Buy? The Conversion of a Renter - New York Times
For the last few years, I have been an evangelist for renting. I’ve told my sister-in-law and her husband that they would be crazy to abandon their reasonably priced one-bedroom rental in Brooklyn. When two of my colleagues were moving to Los ...
2008-05-27 02:24:00 -
Double digit interest rates 'within months' - News.com.au
Rates will hit 10 per cent in months, says ANZ Home owners can cope, says mortgage expert Everything you need to know about money Standard variable home loan rates are set to rise into the double digits, and the highest levels in more than 10 years ...
2008-05-27 02:16:00 -
First-time buyers spend half of income on mortgage - Daily Telegraph
According to data from Nationwide, the country’s largest building society, the average first time buyer is handing over 49 per cent of their post-tax salary on repaying their mortgages. This is the highest level since 1990 – the depths of the ...
2008-05-27 01:05:00 -
Repossessions crisis 'could be worse than 1992' (Evening Standard)
More home-buyers are at risk of losing their homes than during the property bust of 1992, new research says. As many as 1.8million buyers will be struggling to cover monthly repayments by the end of this year, according to a report by insurance giant AXA.
2008-05-27 01:02:49 -
Double digit interest rates 'within months' (News Interactive)
HOME loan rates could reach 10 per cent in months, says ANZ.
2008-05-27 01:30:00 -
Double digit interest rates 'within months' (The Mercury)
Rates will hit 10 per cent in months, says ANZ Home owners can cope, says mortgage expert Everything you need to know about money
2008-05-27 01:30:00 -
MFA Mortgage Investments, Inc. Announces Public Offering of Common Stock (PR Newswire via Yahoo! Finance)
MFA Mortgage Investments, Inc. announced today it plans to make a public offering of 18,000,000 shares of its common stock. MFA has granted the underwriters a 30-day option to purchase up to an additional 2,700,000 shares of common stock to cover over-allotments.
2008-05-27 01:35:00 -
Awaiting the Final Bubble (GoldSeek.com)
*** Guilty by association and dropped under the campaign bus…a modern way to feel like a 16th-century heretic…and more!
2008-05-27 01:47:30 -
Mortgage approval numbers increase... but only just (The Herald)
The number of fresh mortgages for house purchase approved by the big UK banks limped off March's decade-low in April but was nevertheless the second-lowest figure on record - reinforcing grim predictions for property prices.
2008-05-27 02:18:02 -
Time to Buy? The Conversion of a Renter (NYTimes.com via Yahoo! Finance)
As housing prices slowly come back to reality, buying has again started to make sense for more people, including this writer.
2008-05-27 02:36:49 -
Mortgage rates start rising in wake of Budget (The New Zealand Herald)
The Bank of New Zealand and the ANZ and National Banks have increased some of their fixed mortgage and term deposit interest rates after money markets judged last week's budget to be too inflationary and increased wholesale interest rates.
2008-05-27 03:01:37 -
Company Bond Risk Rises on Concern Consumer Spending May Slow - Bloomberg
May 27 (Bloomberg) -- The cost of protecting corporate bonds from default rose for a fifth day on concern that Americans will spend less money after U.S. home prices dropped by the most ever and consumer confidence dipped to the lowest level in 15 ...
2008-05-27 08:11:00 -
Nashville Airport Authority takes hit in credit crisis fallout - Nashville Tennessean
A ripple from the subprime mortgage crisis has cost the Metropolitan Nashville Airport Authority an estimated $730,000 since January. In an unexpected side effect of rising foreclosures and defaults on home loans, the airport authority will refinance ...
2008-05-27 12:05:00