Mortgage and Financial News From 2007-10-12 Page 4

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  • Moody's lowers 2,187 securities

    Minneapolis Star Tribune - Budget deficit falls to lowest level in 5 years UAW tentatively agrees to Chrysler ... Subprime mortgage defaults reached record highs this year and some securities have ... citing a recent survey. One percent of U.S. subprime mortgages with interest rates ...
    2007-10-10 05:59:00
  • Bank of Japan Votes 8-1 to Keep Key Rate at 0.5% (Update1)

    Bloomberg - Central banks from Europe, England and Australia kept rates on hold this month after the collapse of the U.S. subprime mortgage market caused credit to ... Japan's short-term interest rates, the lowest among industrial nations, have encouraged investors ...
    2007-10-10 09:55:00
  • U.K. House Prices Fall at Fastest Pace in Two Years (Update1)

    Bloomberg - The market has become much quieter following the banking crisis, and the likelihood of further increases in mortgage rates ... Surveyors' confidence in the outlook for prices fell to the lowest since May 2005, RICS said. Today's report ...
    2007-10-11 01:01:00
  • UK house price inflation showing clear signs of slowdown - FT House ...

    Forbes - On a region-by-region basis the West Midlands and the North recorded the lowest annual growth rates of 4.4 pct ... Indeed, the Bank's previous increases in interest rates have now collided with the tightening in mortgage credit resulting from the sharp ...
    2007-10-12 04:49:00
  • New Zealand Dollar Heads for Fifth Weekly Advance on Sales Data

    Bloomberg - The Bank of Japan yesterday kept rates unchanged at the lowest of major economies, saying it needs more time to gauge the effect of the U.S. subprime-mortgage crisis on the global economy. In New Zealand, 10 of 13 economists surveyed by ...
    2007-10-12 12:10:00
  • Global uncertainties keep rates in Japan steady

    International Herald Tribune - ... resolution of uncertainty in the United States, Japan's major export partner, where problems in the subprime mortgage ... Fukui, whose five-year term ends in March, has said the bank should gradually raise interest rates, the lowest in the ...
    2007-10-11 04:15:00
  • U.S. Michigan Confidence Index Declined in October (Update1)

    Bloomberg - ... 12 (Bloomberg) -- Confidence among U.S. consumers this month fell to the lowest ... Consumers see increasing mortgage defaults, higher gas prices and, in some parts of ... as Americans grapple with a drop in home prices and higher foreclosures rates that ...
    2007-10-12 07:41:00
  • Sweden's Krona Climbs to Eight-Month High on Outlook for Rates

    Bloomberg - Sweden's Krona Climbs to Eight-Month High on Outlook for Rates By Robin ... this week showed annual inflation quickened and unemployment fell to the lowest in ... Sweden's inflation rate, excluding mortgage payments, subsidies and indirect taxes ...
    2007-10-12 05:32:00
  • Median pay won't meet median mortgage

    Stuff - ... Media survey into home affordability has shown the mortgage on a median-priced house will suck up 80 per cent of an average New Zealander's weekly pay. ... as house prices had not gone down, and interest rates were ...
    2007-10-12 07:30:00
  • Orlando-area home resales reach lowest level since 1999

    Orlando Sentinel - September's median home-sales price of $235,000, forced down by anemic demand, is the lowest for Orlando's core resale ... We could have 18 percent interest rates," he said, referring to the record-setting mortgage rates seen in the early 1980s. "We ...
    2007-10-12 05:50:00
  • Mortgage rates rise on jobless figures

    Providence Journal - In mid-September, the nationwide average for 30-year mortgages had dipped to 6.31 percent, the lowest level since May 17. Analysts attributed last week’s rise in mortgage rates to a better-than-expected jobs reports, showing that the economy created ...
    2007-10-12 04:52:00
  • Orlando-area home resales reach lowest level since 1999 (Orlando Sentinel)

    Resales of homes and condos in the Orlando area had their worst month in more than 8 1/2 years in September, when they fell 55 percent from a year earlier.
    2007-10-12 05:49:44
  • The 4 big rustlers on the mortgage ranch and how to corral them (MENAFN)

    The 4 big rustlers on the mortgage ranch and how to corral them
    2007-10-12 02:05:40
  • Median pay won't meet median mortgage (Stuff)

    Single and home-buying? Think again. A Fairfax Media survey into home affordability has shown the mortgage on a median-priced house will suck up 80 per cent of an average New Zealander's weekly pay.
    2007-10-12 07:38:43
  • Mortgage rates rise on jobless figures (The Providence Journal)

    WASHINGTON — Rates on 30-year mortgages edged up slightly last week following a better-than-expected report on job growth.
    2007-10-12 06:43:05