Mortgage and Financial News From 2007-10-12 Page 6

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  • The O.C. Mortgage Bust (Washington Post)

    IRVINE, Calif. -- After more than two decades in the mortgage business, Tony Ventimiglio got his big break in 2001 when he accepted a managerial job with a lender here in the heart of Orange County for $225,000 a year -- more than double what he had made in each of the previous four years.
    2007-10-12 06:51:25

  • Comments on this Story

    Tucson Citizen - ... 2002, writer and comedian Peter Murietta brought Mexican-American characters to an overwhelmingly Latino-free prime ... Any registered user may rate comments. Interest Threshold Users may set an 'interest threshold' to determine which comments they wish to ...
    2007-10-12 03:48:00

  • Interest rates up again

    Pretoria News - The Reserve Bank's monetary policy committee has raised the interest rate by 50 basis points for the seventh time in a row. Major banks were quick to increase their prime interest rate to 14% in response to the repo rate climbing to 10.5
    2007-10-12 01:43:00

  • Dion rattles election sabre

    Globe and Mail - Tough talk on what Prime Minister Stephen Harper needs to deliver in Tuesday's ... to go deeper than the Conservatives in cutting the federal corporate tax rate ... speech and we will discuss about it between us, taking into account only the interest ...
    2007-10-12 03:12:00

  • Asian Stocks Rise for Fourth Week on Outlook for Commodities

    Bloomberg - Speculation China will raise interest rates soon to cool the economy contributed to a ... to A1, the fifth-highest invest grade, citing confidence the government of Prime ... Policy makers all backed a decision to cut the key lending rate by half a ...
    2007-10-12 05:28:00

  • Sensex sheds 395 points

    Daily Pioneer - So much so that the slide did not stop even after blowing over of the political crisis, with both Prime Minister Manmohan Singh and UPA chairperson Sonia Gandhi ruling out snap polls. The downward correction was driven by across-the-board selling by ...
    2007-10-12 09:43:00

  • Nine soldiers die in training camp accident

    Talk Radio 702 - As a result the prime interest rate has moved from 13.5% to 14%. Borrowers will now pay an extra R42 for every R100 000 they owe commercial banks. Back to headlines Pikoli-Selebi saga may damage SA’s image 12/10/2007 06:30:34 Government has acknowledged ...
    2007-10-12 09:57:00

  • S.F. plans market rates for prized parking spaces

    San Francisco Gate - And the goal would be to maintain an 85 percent occupancy rate at metered spaces to promote turnover. That way, boosters say ... It began in February and has generated interest from cities across the country. Redwood City redevelopment manager Susan Moeller ...
    2007-10-10 05:59:00

  • ECB WATCH: Rate Hike Still Possible After Hawkish Talk

    FXStreet.com - Most investment banks had trimmed their interest rate expectations after U.S. sub prime market woes knocked financial markets in August. Economists now expect the key policy rate to remain unchanged at 4.0% through the rest of this year. The latest ...
    2007-10-12 05:32:00

  • Tie Me Up, Tie Me Down to Fixed-Rate Home Loan: Amity Shlaes (Bloomberg.com)

    Oct. 12 (Bloomberg) -- There's nothing wrong with fixed -- the fixed-rate mortgage, that is. As the mortgage crisis has unfolded, everyone has blamed the new-fangled mortgages: Interest-only, pick-a-payment, subprime ARMs, Alt-As became pejoratives overnight.
    2007-10-12 03:09:16

  • Landlords Handle Property Taxes

    WNDU - If you do the math and calculate your mortgage payment, taxes, and insurance, then anyone with any common sense would see this is a big problem. I honestly feel, that this is only the beginning, mark my word: it's going to get worse! Most landlords ...
    2007-10-09 03:41:00

  • Five years before retirement, five years after are critical time

    Spokane Journal of Business - Seniors should calculate their future retirement plan every few years before they retire, White says. Some­times, they find ... to pay basic living expenses under their retirement plan, White sometimes will advise they take out a reverse mortgage on ...
    2007-10-10 05:59:00

  • What to do with your money and when

    CNN - To calculate the shortest and most effective route to becoming debt-free, visit bankrate.com's Credit Cards section. In your ... Don't go for a mortgage that doesn't require a down payment -- if you don't have the necessary 5 percent or so, you're not ...
    2007-10-11 02:09:00

  • Navigating the retirement TRANSITION (Spokane Journal of Business)

    For seniors who can see retirement looming on the horizon or who have retired recently, a careful inspection of retirement plans and last-minute fine tuning are critical to ensuring a smooth transition into the twilight years, financial planners here say.
    2007-10-12 12:03:54

  • Which Home Improvements Add The Most Value? (The Motley Fool)

    Before embarking on a home-improvement project this autumn, see what will, and what won't, improve the value of your home.
    2007-10-12 08:11:36

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