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

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  • Mortgage borrowers, brokers facing higher hurdles to home loans (The Fresno Bee)

    Mortgage broker Ed Smith Jr. has been arranging home loans for 24 years and it's never been tougher for him to close a deal than during the past few weeks of turmoil.
    2007-08-17 11:02:22

  • Mortgage crisis squeezing lending standards and keeping Utahns out of the home-buying arena (The Salt Lake Tribune)

    Max Johns of Salt Lake City should not be having a problem qualifying for a mortgage. His financial house is in order, and his credit score is well above the minimum most home-loan providers have had in place for years.
    2007-08-19 06:52:40

  • Thomson Financial UK at a glance share guide - weekend

    Forbes - Federal Reserve chairman Ben Bernanke could be forced to cut US mortgage rates within days if Friday's rally on Wall Street fails to contain the fallout from the lending crisis - Observer * Hedge funds in peril as markets plunge; experts warn the bear ...
    2007-08-19 02:12:00

  • Fitch Rates Cobalt Commercial Mortgage Trust, Series 2007-C3

    Forbes - Classes A-1, A-2, A-3, A-PB, A-4, A1A, A-M, A-J, B, C, D and IO are offered publicly, while classes E, F, G, H, J, K, L, M, N, O and P are privately placed pursuant to rule 144A of the Securities Act of 1933. The certificates represent beneficial ...
    2007-08-17 09:38:00

  • Average 30-Year Rate Creeps Upward

    Washington Post - Rates on 30-year mortgages edged up this week after falling for three straight weeks. Freddie Mac , the mortgage company, reported Thursday that rates on 30-year, fixed-rate mortgages averaged 6.62 percent. That was up from 6.59 percent last week ...
    2007-08-18 12:59:00

  • Mortgage market feels the squeeze

    Financial Times - The effect of the global credit squeeze has started to spread into the UK mortgage market. A number of subprime mortgage lenders this week increased their interest rates by up to 1 percentage point. Edeus, Mortgage - a subsidiary of Merrill Lynch ...
    2007-08-18 03:51:00

  • Crisis may force Fed to slash rates

    Observer - Federal Reserve chairman Ben Bernanke could be forced to cut US mortgage rates within days if Friday's rally on Wall Street fails to contain the fallout from the lending crisis. London's deal-makers are pinning their hopes on a swift resolution to ...
    2007-08-19 12:07:00

  • U.S. mortgage rates tick up (Market Watch)

    CHICAGO (MarketWatch) -- Mortgage rates moved up slightly this week, in line with 10-year Treasury rates, Freddie Mac's chief economist said on Thursday.
    2007-08-16 03:10:32

  • Freddie Mac mortgage rates up (UPI)

    Freddie Mac-asssisted mortgage rates were up across the board this week, a turnaround from a week ago, a report says.
    2007-08-16 06:04:48

  • Which way for mortgage rates? Well, up or down about covers it (Tacoma News Tribune)

    Mortgage interest rates are still in friendly territory (Bankrate was quoting 6.25 percent for a 30-year fixed Thursday) as the housing market remains sluggish. But where might they be headed? I got two different opinions on the topic from two sources in the last 24 hours.
    2007-08-17 08:40:06

  • Mortgage rates rise for first time in four weeks (CNN Money)

    Mortgage rates rose for the first time in four weeks, Freddie Mac reported Thursday.
    2007-08-16 02:46:49

  • Attempting to explain mortgage rates (Daily Local News)

    So what’s all this fuss about a mortgage meltdown?
    2007-08-19 07:35:32

  • Hawaii mortgage rates hold steady (bizjournals.com via Yahoo! Finance)

    Hawaii's three largest banks held rates on 30-year fixed mortgages this week to 6.25 percent, as mortgage rates nationally rose for the first time in four weeks.
    2007-08-18 01:14:49

  • Wall Street pulls off late turnaround to end mixed, but uncertainty ...

    San Diego Union-Tribune - Yields had been as low as 4.60 percent earlier in the session, but began to reverse as stocks rebounded. Investors have ... Investors Service. “And, the more investors sense that the U.S. economy can shoulder losses arising from subprime mortgages ...
    2007-08-16 12:54:00

  • Corn belt gets rich, quietly

    Arlington Heights Daily Herald - Hopes are soaring that the ethanol industry will help reverse population loss and attract new employers — high hurdles for ... markets, a recent study of foreclosures in Nebraska found a strong correlation between urban markets and troubled mortgages ...
    2007-08-19 06:48:00

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