* You are viewing the archive for August, 2008
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Reserve tipped to lower rates, 'mortgage stress'
The Age, Australia - An interest rate cut by Australia's central bank this week will significantly reduce the number of Australians experiencing mortgage stress, an industry … |
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 AFP |
Mortgage rates rise to make up for greater risk assumed by investors
Baltimore Sun, United States - By Jamie Smith Hopkins The real estate wonk Mortgage rates aren't what they used to be - and not just because they're higher. You can normally predict the … US government 'bazooka' may save Fannie, Freddie Fannie, Freddie Weigh on Mortgage REITs |
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Phony deal, mortgage fraud
Springfield News Sun, OH - In June, Henderson was sentenced by United States District Court to 24 months imprisonment for defrauding a mortgage lender, Lime Financial, … Local homeowner duped in mortgage scam |
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 Daily Mail |
Mortgage hopes hit by Darling
Times Online, UK - THE TREASURY has snubbed calls from Britain’s lenders for direct government intervention to kick-start the mortgage market. This week’s package of measures … Interest rate monitor Viewpoint: Latest trends have that 1990s look Mortgage rates cut |
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Judge won't freeze workers' assets: The employees worked for a …
TMCnet - Their former boss, Wesley A. Snyder, is in federal prison for defrauding hundreds of mortgage customers out of millions of dollars. … |
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Paying off the mortgage feels good, but maybe isn't best
Minneapolis Star Tribune, MN - Should we put our extra cash toward paying down our mortgage or bank more cash and bulk up our Roth IRAs? We already max out our 401(k) plans. … |
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 Washington Post |
Why haven't mortgage rates dropped this year?
Seattle Post Intelligencer - Yet we have higher mortgage rates now than we had then. What gives? No single answer explains why some rates have fallen while fixed mortgage rates have … Central banks need a Basel lll FOMC Minutes: Fed Poised To Take Harder Stand On Inflation Fed: Rates not too low; next move likely to be up |
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Theresa Hunter: Seller beware: mortgage-to-rent can leave you homeless
Scotland on Sunday, UK - The second is that by selling your house to a mortgage-to-rent company, or a rent-back scheme, you can stay in your own home for life, clear your debts and … |
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 MSN Money UK |
Lower fixed rates tempt homeowners
Independent, UK - Britannia, Halifax, Nationwide and Abbey have been among the major high street lenders to cut the price of their two-year fixed rate mortgage deals, … Are You Eligible For The Best Mortgage Deals? Abbey launches low fee mortgage range Abbey cuts mortgage rates |
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 RTE.ie |
Bradford & Bingley Swings to Loss On Mortgage-Related Write-Downs
Wall Street Journal - B&B is under contract to buy mortgages worth £350 million every quarter until the end of 2009 from GMAC-RFC Ltd., a UK unit of US real-estate lender … Mortgage fraud adds to Bradford & Bingley's woes Bradford & Bingley to scale back mortgage lending after slumping … Bradford & Bingley victim of £18m mortgage fraud |
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