Mortgage and Financial News From 2008-1-3 Page 13

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• Major banks may follow NAB rate rise (The West Australian)

  Major banks are likely to follow the lead of National Australia Bank Ltd (NAB) and lift interest rates as Australian households get swept up in the global credit crisis.
  2008-01-03 07:52:35

• Consumer Loan Payments Lowest Since 2001

  CBS 2 - Consumer Loan Payments Lowest Since 2001 WASHINGTON (AP) ― Late payments on a ... fell behind on their payments during the third quarter of last year, the Mortgage ... Others got burned when low introductory rates on their mortgages jumped to much ...
  2008-01-03 11:51:00

• High Street starts to feel the pinch after shoppers cut back on ...

  Guardian Unlimited - Consumers have been squeezed by higher mortgage repayments, spiralling debt, rising food prices, energy bills and council tax. Next and DSG pressed the Bank of England for another cut in interest rates ... used to be called Dixons, are at their lowest ...
  2008-01-03 04:59:00

• Asset-Backed Paper Grows for First Time Since August (Update5)

  Bloomberg - ... by collateral as the cost to borrow in the short-term debt fell to the lowest in 22 ... Interest rates on the short-term debt due in 30 days fell 1.16 percentage point ... of the `shadow' banking system that had allowed banks to securitize their mortgage ...
  2008-01-03 02:50:00

• Currency Funds Posted First Losses in Three Months, Parker Says

  Bloomberg - The collapse of the U.S. subprime-mortgage market prompted investors to dump higher-yielding assets financed by loans ... In carry trades, investors borrow in nations such as Japan, where interest rates are the lowest among developed nations, to buy ...
  2008-01-03 02:28:00

• Money-Market Rates Fall as Bank Measures Ease Crunch (Update3)

  Bloomberg - Money-Market Rates Fall as Bank Measures Ease Crunch (Update3) By Gavin Finch Jan ... offered rate, or Euribor, dropped 3 basis points to 4.64 percent, the lowest since ... back down to the levels of July, before the collapse of the U.S. subprime-mortgage ...
  2008-01-03 09:35:00

• New Year Brings Another False Dawn for Housing - Bloomberg

  New Year Brings Another False Dawn for HousingBloomberg - 5 hours agoHaven't interest rates fallen in the last six months? Yes, they have. The real cost of buying a home is a function of the actual cost (mortgage rate) less ...
  2008-01-03 01:52:44

• Freddie Mac Says Mortgage Rates Fall To Lowest Level In Four Weeks ... - RTT News

  Freddie Mac Says Mortgage Rates Fall To Lowest Level In Four Weeks ...RTT News, NY - 4 hours ago1/3/2008 5:18:30 PM Freddie Mac (FRE) released the results of its Primary Mortgage Market Survey or PMMS in which the 30-year fixed-rate mortgage or FRM ...
  2008-01-03 02:19:25

• US Forex Market Commentary - FXstreet.com The Foreign Exchange Market

  US Forex Market CommentaryFXstreet.com The Foreign Exchange Market, Spain - 4 hours agoData released in the US today saw mortgage applications fall 11.6% during the week ending 28 December. Also, November headline factory orders were up 1.5% ...
  2008-01-03 02:20:26

• Freddie Mac Survey Says Interest Rates Decline On 30-year Mortgage ... - RTT News

  Freddie Mac Survey Says Interest Rates Decline On 30-year Mortgage ...RTT News, NY - 2 hours ago... rates have moved lower with average 30-year fixed-rate mortgage rates down about a tenth of a percentage point, which is the lowest in four weeks. ...
  2008-01-03 04:32:33

• Aussie services sector expands - TVNZ

  Aussie services sector expandsTVNZ, New Zealand - 2 hours agoAustralia's services sector finished 2007 with its best result in more than four years despite an interest rate rise in the month before Christmas, ...
  2008-01-03 04:36:07

• No matter how escrow firm bombed, you must set errors right - MarketWatch

  No matter how escrow firm bombed, you must set errors rightMarketWatch - 2 hours agoCoverage of home buying and selling, housing prices, mortgage information and home improvement. Before you do, though, I'd ask to have an independent third ...
  2008-01-03 04:44:58

• Bond Funds Get Chilly December Performance, But TIPS, Treasuries ... - CNNMoney.com

  Bond Funds Get Chilly December Performance, But TIPS, Treasuries ...CNNMoney.com - 1 hour agoGahagan says the bond market's woes were caused by investors trying to price the complex securities the mortgage markets generated. ...
  2008-01-03 05:12:10

• High Street starts to feel the pinch after shoppers cut back on ... - Guardian Unlimited

  High Street starts to feel the pinch after shoppers cut back on ...Guardian Unlimited, UK - 1 hour agoConsumers have been squeezed by higher mortgage repayments, spiralling debt, rising food prices, energy bills and council tax. Next and DSG pressed the Bank ...
  2008-01-03 05:41:45

• Can NC's Rescue Affordable Housing from City Hall? Or, It’s the ... - City Watch

  Can NC's Rescue Affordable Housing from City Hall? Or, It’s the ...City Watch, CA - 49 minutes agoThese transactions would be no money down with the city receiving a mortgage. Now the key point is that the number apartments that will be subsidized in ...
  2008-01-03 06:05:40

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