Mortgage and Financial News From 2007-10-17 Page 3

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  • What Influences Your Mortgage Rate

    HULIQ.com - Because of the key role mortgage rate can play with a loan, it is important for borrowers to find out the current mortgage rates before settling with a mortgage plan. Mortgage rates are seldom steady and it is difficult to determine if these will go ...
    2007-10-17 07:10:00

  • Anworth Mortgage Asset Corporation Announces Quarterly Dividends and Third Quarter Updates (Business Wire via Yahoo! Finance)

    SANTA MONICA, Calif.----Anworth Mortgage Asset Corporation announced that its board of directors declared a quarterly common stock dividend of $0.05 per share for the third quarter of 2007.
    2007-10-17 01:30:00

  • Costello stumped on Labor 'mortgage costs' (Adelaide Now)

    FEDERAL Treasurer Peter Costello was lost for words today when asked to explain why interest rates will go up sharply under a Labor government.
    2007-10-16 11:17:00

  • Costello stumped by mortgage claim (Whyalla News)

    Federal Treasurer Peter Costello was lost for words when asked to explain why interest rates will go up sharply under a Labor government. The Liberal website says that under a Labor government people can expect to pay $3,276 per year extra on their mortgage, but Mr Costello doesn't know why.
    2007-10-17 06:26:31

  • MATCU offers way out of foreclosure

    WREG - The credit union started offering home protection loans in July. They'll pay off 95% of a customer's high interest loan and refinance it at a more affordable rate. "We will pay off that existing mortgage that they have along with closing costs. We ...
    2007-10-17 02:52:00

  • The Subprime Blame Game: Where Were the Realtors?

    Wharton - And in two years, the borrower blames the lender for their fix, not the agent who steered them to a higher priced home and a 2/28 loan." Many subprime borrowers are now finding they cannot refinance to escape their rising payments. In some cases ...
    2007-10-17 05:58:00

  • Home Loans to Drop to Seven-Year Low, Bankers Say (Update1)

    Bloomberg - The group's index of applications to buy a home or refinance a loan increased 0.7 percent last week from the prior week. The purchase index rose 2.1 percent and its refinancing gauge fell 1.1 percent, the group said in a release today. ...
    2007-10-17 04:58:00

  • Central Banks Map a Middle Course

    Wall Street Journal - The merry-go-round of rising housing prices stopped early in 2006. Builders were thrown off first, then subprime borrowers. Because these homeowners could no longer tap rising home values to refinance mortgages they couldn't afford, defaults and ...
    2007-10-17 05:29:00

  • Fire Torches Fire Chief's Home (Local 6 Orlando)

    Fire torches a $1.5 million beachside home that was being remodeled by a fire chief.
    2007-10-17 08:14:53

  • South Africa: Integer Home Loans Rattles Old Guard (AllAfrica.com)

    INTEGER, SA's nascent home loans provider, received R140m worth of loan applications during its first week of trading, the bulk of them switch mortgages from established lenders, CEO Simon Stockley said yesterday.
    2007-10-17 04:42:12

  • Overnite Home Invasions Keep Police Busy (WHIO-TV 7 Dayton)

    Police said two separate home invasions near the UD campus kept officers busy overnight.
    2007-10-17 05:05:38

  • Hampton Township Home Damaged By Water Main Break (WPXI Pittsburgh)

    HAMPTON TOWNSHIP, Pa. -- A water main break in Hampton Township sent water rushing into a local home. Two to three inches of water poured inside a home on Sample Court around 12:30 a.m. Wednesday.
    2007-10-17 05:47:45

  • Teen Drives Car Into House, Backs Out And Drives Home (WFTV 9 Orlando)

    ORLANDO, Fla. -- The owners of a home in Orlando were in for a big surprise Wednesday morning. They will need to start a major repair job after a neighbor slammed his car into their house.
    2007-10-17 07:28:53

  • Tokyo shares end morning lower amid resurgence of bad debt fears

    Forbes - ... on Wall Street, where a plan by major US banks to set up a fund to help credit markets recuperate revived worries about bad debt. The financial sector led the declines after Nomura Holdings Inc said Monday it will exit the residential mortgage-backed ...
    2007-10-15 09:06:00

  • Home sales, prices dip again in September

    San Diego Union-Tribune - ... main secondary mortgage market lenders that buy loans from lenders and resell them to investors on Wall Street. Around Aug. 17, many lenders briefly stopped or severely cut back on jumbo loan financing as they reassessed the impact of the credit ...
    2007-10-15 05:53:00

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