Mortgage and Financial News From 2008-1-3 Page 7
Previous Day: 2008-01-02
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When furniture is included - San Jose Mercury News
When furniture is includedSan Jose Mercury News, USA - 2 hours agoBanks, after all, don't offer mortgages to buy furniture. Crump said a typical contract for a resale home that includes furniture states that any furniture ...
2008-01-03 06:55:05 -
Major banks may follow NAB rate rise - Sydney Morning Herald
Major banks may follow NAB rate riseSydney Morning Herald, Australia - 2 hours agoThe rate hike by NAB, Australia's second-biggest housing lender, increases the bank's standard variable lending rate to 8.69 per cent. ...
2008-01-03 07:20:55 -
Australian Mining Stocks Gain, Led by BHP, Aquarius; CSL Falls - Bloomberg
Australian Mining Stocks Gain, Led by BHP, Aquarius; CSL FallsBloomberg - 1 hour agoRising defaults in US subprime, or higher risk, mortgages have crimped the amount of available credit worldwide in the past six months, stoking concern that ...
2008-01-03 08:23:59 -
National Australia Bank Raises Mortgage Rates (Update3) - Bloomberg
National Australia Bank Raises Mortgage Rates (Update3)Bloomberg - 57 minutes agoNational Australia, the country's second-biggest provider of mortgages, raised its rate for home loans that don't have a fixed rate by 12 basis points to ...
2008-01-03 08:37:36 -
Homebuyers trapped - Canton Repository (subscription)
Homebuyers trappedCanton Repository (subscription), OH - 32 minutes ago“Since most lenders only lend 80 percent of the value, Evergreen would take the second mortgage to make up the difference so that the unsuspecting homeowner ...
2008-01-03 09:02:36 -
Daily Report | Winners, losers and the Top 10 - The State
Daily Report | Winners, losers and the Top 10The State, SC - 27 minutes agoThe money manager also set aside $618 million to cover expected legal fallout from soured investments tied to subprime mortgages. ...
2008-01-03 09:07:28 -
State Street executive resigns - Boston Globe
State Street executive resignsBoston Globe, United States - 20 minutes agos investment unit stepped down yesterday as the company set aside $618 million to deal with growing problems with investments tied to subprime mortgages. ...
2008-01-03 09:14:39 -
Australian Mining Stocks Gain, Led by BHP, Aquarius; CSL Falls (Bloomberg.com)
Jan. 4 (Bloomberg) -- Australian commodity stocks rose, led by BHP Billiton Ltd. and Aquarius Platinum Ltd. as the declining U.S. dollar boosted the appeal of metals such as copper, nickel and platinum.
2008-01-03 08:29:53 -
National Australia Bank Raises Mortgage Rates (Update3) (Bloomberg.com)
Jan. 4 (Bloomberg) -- National Australia Bank Ltd. raised interest rates on mortgages to recoup higher funding costs, the first time in almost a decade a major lender has increased home loan rates without any action from the country's central bank.
2008-01-03 08:44:53 -
Daily Report | Winners, losers and the Top 10 (The State)
winner U.S. FACTORY ORDERS JUMP In NOVEMBER The increase, the largest amount in four months, was driven by higher petroleum prices and was not viewed as a sign of any newfound strength in manufacturing. The Commerce Department reported Thursday that orders for manufactured goods rose by 1.5 percent in November, the biggest rise since a 3.4 percent surge in July. But all the strength came in ...
2008-01-03 09:05:45 -
Consumers Making More Late Payments (The Tampa Tribune)
Late payments on a cluster of consumer loans, including those for autos, home improvement and certain home equity loans, climbed in the summer to their highest point since the country's last recession in 2001.
2008-01-03 09:11:07 -
Late payments jump to recession point (The Nashua Telegraph)
WASHINGTON -- Late payments on a cluster of consumer loans, including those for autos, home improvement and certain home equity loans, climbed in the summer to their highest point since the country's last recession in 2001. ... - By JEANNINE AVERSA The Associated Press
2008-01-03 09:13:31 -
A bit of creativity may get your house sold (The Nashua Telegraph)
It's not easy to sell your home these days, but it's not all that easy to buy, either. ...
2008-01-03 09:13:40 -
N.Z. Dollar Bound for Weekly Drop; U.S. Spurs Carry Trade Exit (Bloomberg.com)
Jan. 4 (Bloomberg) -- New Zealand's dollar headed for a weekly decline as concerns the U.S. economy is slowing spurred traders to reduce holdings of the South Pacific nation's higher- yielding assets.
2008-01-03 09:15:01 -
(AFX UK Focus) 2008-01-04 05:05 GMT: Thomson Financial Europe AM at a glance share guide: Stocks fall, oil eases (Interactive Investor)
LONDON (Thomson Financial) - US SUMMARY: Stocks close mixed ahead of jobs report, oil eases after hitting record
2008-01-03 09:27:04
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