Mortgage and Financial News From 2007-8-19 Page 11

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  • Mortgage crisis squeezing lending standards and keeping Utahns out of ...

    Salt Lake Tribune - He's one of a growing number of Utahns caught up in one of the biggest, swiftest, nastiest shakeouts the mortgage- lending industry has ever seen - one that's suddenly making it more difficult for many to buy or refinance a home because of heightened ...
    2007-08-19 10:02:00

  • The dream of home ownership, now a nightmare

    International Herald Tribune - The lenders, then, would presumably have to use the new capital to refinance loans for borrowers facing default and foreclosure. Congress is looking hard at changing the bankruptcy law so courts can restructure home loans as they do other personal ...
    2007-08-19 10:30:00

  • Home loans can be found

    Columbus Dispatch - The rising number of foreclosures and the mortgage-driven meltdown on Wall Street have left many homeowners hoping to refinance and potential first-time homebuyers wondering whether they can get a loan. For most of them, there's good news. For those ...
    2007-08-19 10:45:00

  • Dow Jones could pay more to refinance debt

    Reuters - NEW YORK (Reuters) - Dow Jones & Co Inc (DJ.N: Quote , Profile , Research ) Chief Executive Richard Zannino said on Friday that a worsening credit market likely would force the company to pay more to refinance debt. "We have a three-year term debt ...
    2007-08-17 06:54:00

  • Wheeling-Pittsburgh to refinance existing loans

    Reuters - Last: Aug 17 (Reuters) - Wheeling-Pittsburgh Corp. (WPSC.O: Quote , Profile , Research ) said it agreed with its lead banks to refinance its existing credit facilties with new loans totaling $485 million. The steel maker said the agreement is to ...
    2007-08-17 05:56:00

  • Behind on your mortgage? Ask for help right away

    Baltimore Sun - Neighborhood Assistance, for instance, recently announced a commitment of $1 billion to refinance loans of people at risk of losing their homes. To qualify, homeowners have to have subprime mortgages with interest rates of 10 percent or higher, Khalil ...
    2007-08-19 10:59:00

  • What's a borrower to do? (Orange County Register)

    Easy credit may be gone, but financing is still out there to buy or refinance – at a cost.
    2007-08-19 10:27:52

  • When would a corporation want to refinance its debt? (Investopedia)

    When would a corporation want to refinance its debt?
    2007-08-17 02:02:10

  • Refinance Now to Avoid your ARM rate Increase (Benton Evening News)

    (ARA)- The effects of refinancing your mortgage can be dramatic, since it's a tool you can use to improve your financial situation. To take best advantage of it, look at where you are and assess your needs. Then explore the market.
    2007-08-19 09:08:17

  • Refinance Your Auto Loan and Ease a Tight Budget (Benton Evening News)

    (ARA) - Living from paycheck to paycheck can be very stressful when unexpected emergency situations happen. You have to squeeze some extra money out of your budget, but where is it going to come from?
    2007-08-19 09:37:37

  • Why You Should Refinance Now If You Have an Adjustable Rate Mortgage (Benton Evening News)

    (ARA) - If you took out a mortgage on your home between 2002 and 2005, chances are good you ended up going with an adjustable rate mortgage or ARM. Back then, it was just too good of a deal to pass up.
    2007-08-19 12:07:46

  • U.K. Conservatives Propose Tax Reductions on Assets, Business

    Bloomberg - ... was commissioned by party leader David Cameron and may help guide the opposition's strategy aimed at defeating Labour Prime ... Brown already plans to reduce the rate to 28 percent from 30 percent next year. Redwood suggested an ``ambition'' to cut the ...
    2007-08-16 12:54:00

  • Rate cut called symbolic gesture

    Evansville Courier-Press - That interest rate directly affects banks' prime rate, which is the bedrock for consumer and business loans. The Fed has held the federal funds rate target steady at 5.25 percent for more than a year as concerns over inflation persisted. Federal funds ...
    2007-08-18 04:48:00

  • US rate cut boosts global markets

    BBC Business - ... positive territory following the US Federal Reserve's move to cut the rate at ... The problems centre on the sub-prime sector, which offers higher-risk loans to people with a poor credit history. As US interest rates have risen and the housing bubble ...
    2007-08-17 05:56:00

  • Inflation remains key rate risk - economists

    News.com.au - He won't be reversing the recent interest rate rise to offset the current repricing of risk, but will be watching to see the ... Ms Beacher said it was important the governor stressed the fact that sub-prime mortgage exposure is highly unlikely to ...
    2007-08-17 12:53:00

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