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Latest Second Mortgage Rates news:Australian Mortgage Broker Says Sales Drop 22% on Higher Rates
July 3 (Bloomberg) -- Australian Finance Group Ltd. , the country's biggest mortgage broker, said sales fell 22 percent in June, capping the second straight quarterly decline, as interest rates at 12-year highs increased the costs of buying a home.
Read more News Source - Bloomberg.com
Publish date - 04:16:03 07/03/08
Investors to confront higher inflation, rates through year's end
The fears about U.S. recession that hovered over Latin American equity markets and economies at the start of the 2008 are being overshadowed by rising inflation and higher interest rates in the second half of the year.
Read more News Source - Market Watch
Publish date - 16:51:54 07/04/08
Home Front: Seesaw mortgage rates make it tough to decide when to lock in your loan
If you think it's a stomach-turner to watch a volatile stock market and economy, try picking the right week to lock in your home loan.
Read more News Source - The Sacramento Bee
Publish date - 07:20:44 07/04/08
MFA Mortgage Investments, Inc. Announces Second Quarter 2008 Dividend of $0.20
MFA Mortgage Investments, Inc. announced today that its Board of Directors declared a quarterly dividend of $0.20 per share of common stock for the second quarter of 2008. The dividend will be paid on July 31, 2008 to stockholders of record on July 14, 2008.
Read more News Source - PR Newswire via Yahoo! Finance
Publish date - 12:24:17 07/01/08
How to Determine if it's Time to Refinance
(ARA) - Who wouldn't enjoy a break on their monthly mortgage payment? On the other hand, how can you be sure the timing is right to refinance? Are the rates and the current mortgage market the best indicators?
Read more News Source - Carteret County News-Times
Publish date - 16:03:07 07/04/08
Treasurys look better in second half if Fed keep rates steady
Treasurys have room for improvement during the rest of the year as the Federal Reserve keeps interest rates steady to balance a sluggish economy and threats of higher inflation, analysts say.
Read more News Source - Market Watch
Publish date - 16:51:44 07/04/08
Broker's scheme collapsed when mortgage rates rose
Wesley A. Snyder and his employees at Personal Financial Management Inc. and its affiliates sold what they called wrap-around, equity slide-down mortgages.
Read more News Source - Reading Eagle
Publish date - 05:17:34 07/03/08
High-Yield Market To Face More Challenges In The Second Half Of The Year, Article Says
The high-yield market will continue to be challenged on all fronts in the second half of 2008, according to an article published today by Standard & Poor's. The article, which is titled "U.S. Credit C
Read more News Source - Thaipr.net
Publish date - 02:35:09 07/04/08
Anonymity Carries a Price at New Zillow Site
Zillow, a popular real estate Web site, now has a complementary mortgage site where neither lenders nor borrowers pay for the service.
Read more News Source - Washington Post
Publish date - 20:34:01 07/04/08
New Zealand Dollar 2008 Q3 Outlook
In the second quarter of 2008, the New Zealand dollar fell sharply against the world?s most heavily traded currencies on speculation that the Reserve Bank of New Zealand would have to cut interest rates faster than traders had previously expected.
Read more News Source - Daily FX via Yahoo! Finance
Publish date - 17:56:44 07/03/08
Troubled Countrywide mortgage purchased by Bank of America
Troubled lender faces Florida suit Bank of America on Tuesday completed a $2.5 billion acquisition of Countrywide Financial Corp., a day after the state of Florida sued the nation's largest mortgage lender for allegedly making loans to consumers who couldn't afford them.
Read more News Source - Sun-Sentinel
Publish date - 05:02:34 07/03/08
Poll: Dragging economy pulls governor’s rating, voters focused on Dodd mortgage flap
A slumping economy has dragged Gov. M. Jodi Rell’s approval rating to its lowest mark ever, yet two out of three voters still like the job performance of the most popular official in Connecticut polling history, a new Quinnipiac University survey shows.
Read more News Source - Journal Inquirer
Publish date - 05:41:13 07/04/08
Spain, Ireland `Thrown to the Wolves' After ECB Move (Update1)
July 4 (Bloomberg) -- Jose Mauricio Rodriguez Montalvo rents a room from his sister to help her afford her basement flat in Madrid as mortgage costs soar.
Read more News Source - Bloomberg.com
Publish date - 05:33:49 07/04/08
Protect Against Mortgage Rate Rises
A new insurance product has just been launched that gives homeowners the chance to protect themselves against rises in their mortgage payments. We run the numbers.
Read more News Source - The Motley Fool
Publish date - 15:23:24 07/02/08
Jail time for mortgage scammer with long record
A disbarred former Bucks County attorney turned mortgage lender was sentenced to up to 3 years in jail for swindling people in Bucks, Montgomery and Delaware counties.
Read more News Source - The Intelligencer
Publish date - 15:14:41 07/03/08
Europe Markets: Banks drag Europe stocks lower after Goldman note
European shares lost ground on Friday as financials gave back recent gains, as worries mounted about potential fund raising even as UBS said it didn’t need to raise any fresh cash in the second quarter.
Read more News Source - Market Watch
Publish date - 16:21:53 07/04/08
What the Bank has to weigh up next week
The Bank of England looks set to hold interest rates steady for the third month running next week as policymakers seem trapped between high inflation on one side and sharply slowing growth on the other.
Read more News Source - Reuters via Yahoo! UK & Ireland News
Publish date - 12:50:05 07/04/08
Week ends with losing streak in place
NEW YORK - Most U.S. stocks fell, completing the longest streak of weekly declines in four years, after a reduced sales forecast by Nvidia Corp. outweighed speculation the Federal Reserve will hold off raising interest rates.
Read more News Source - The Record
Publish date - 12:16:56 07/04/08
Paulson Warns Of "Tough" Second Quarter For Economy
(RTTNews) - Treasury Secretary Henry Paulson warned that the high price of oil will result in a "tough" second quarter for both the U.S. and Europe.
Read more News Source - Nasdaq
Publish date - 14:14:03 07/02/08
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