Mortgage and Financial News From 2008-2-10 Page 18
Previous Day: 2008-02-09
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Property vs shares - where should you invest?
News.com.au - Mr Pabst said typically people who owned property in new estates in the outer fringes were at greater risk of mortgage stress. Rising interest rates could be good for bargain hunters, he said. Affordability would drive investors wider and further for ...
2008-02-10 02:55:00 -
New Zealand House Prices Increase the Least in a Year (Update1)
Bloomberg - Higher mortgage interest rates are affecting property owners on low discretionary incomes,'' said Blue Hancock, a Quotable Value spokesman. ``There are increasing reports from our valuers of properties going to mortgagee sale, with the number of ...
2008-02-10 02:26:00 -
Poor Analysis and Reporting of Urban Property Bubbles - Scoop.co.nz
Poor Analysis and Reporting of Urban Property BubblesScoop.co.nz, New Zealand - 2 hours agoBoth Britain and California currently have appalling build rates at or below 3 per thousand population – barely replacement. The reality is that normal open ...
2008-02-10 12:40:42 -
Does the RBA know when to stop on rate rises? - LIVENEWS.com.au
Does the RBA know when to stop on rate rises?LIVENEWS.com.au, Australia - 2 hours ago... rates are still falling as fears grow of more problems with banks and leveraged loans to corporates, and a further downgrade of subprime mortgage debt ...
2008-02-10 01:15:53 -
Wachovia loans questioned: Bank stands by `Pick-A-Payment ... - Trading Markets (press release)
Wachovia loans questioned: Bank stands by `Pick-A-Payment ...Trading Markets (press release), CA - 28 minutes agoThe bank noted that homeowners typically move every three years or they can refinance. Rheingold, of NACA, said the option ARM is a loan that should only be ...
2008-02-10 03:12:10 -
RBA set to release quarterly assessment - ABC Online
RBA set to release quarterly assessmentABC Online, Australia - 2 hours agoThe Reserve Bank is expected to shed light on the latest interest rates rise. (File photo) (Reuters: Will Burgess) Australia's Reserve Bank will this ...
2008-02-10 01:21:57 -
Alistair Darlings confidence seems misplaced - Times Online
Alistair Darlings confidence seems misplacedTimes Online, UK - 2 hours ago... while in the initial “teaser” rates on US sub-prime mortgages typically were 6 or 7 per cent. Mortgage loan outstanding at the beginning of 2007 were ...
2008-02-10 01:38:33 -
News from Across the Nation - Newswatch (subscription)
News from Across the NationNewswatch (subscription), Nigeria - 1 hour agoPlans are already in place to strengthen primary mortgage institutions in order to provide housing loans at very low interest rates. ...
2008-02-10 01:41:56 -
Postcards in peril: Camera phones, Internet replacing souvenir mail
San Francisco Gate - One type, in fact, is proliferating: the business postcards that fill your mailbox with come-ons from cable companies, mortgage refinancing firms and appointment reminders from your dentist, not to mention the renewal solicitations that flutter like ...
2008-02-07 03:56:00 -
Property sales defy interest rate rises - NEWS.com.au
Property sales defy interest rate risesNEWS.com.au, Australia - 1 hour ago"There was never going to be blood in the streets, but realistically auctions could have been down, especially in mortgage-belt areas," said Melbourne loans ...
2008-02-10 02:22:56 -
Oregon vets' home loan rates drop - EastOregonian.info (subscription)
Oregon vets' home loan rates dropEastOregonian.info (subscription), OR - 1 hour agoThe Oregon Department of Veterans' Affairs' ORVETS home loan program allows qualified veterans to get a fixed-rate mortgage for as low as 4.875 percent with ...
2008-02-10 02:33:16 -
New Zealand House Prices Increase the Least in a Year (Update1) - Bloomberg
New Zealand House Prices Increase the Least in a Year (Update1)Bloomberg - 1 hour ago``Higher mortgage interest rates are affecting property owners on low discretionary incomes,'' said Blue Hancock, a Quotable Value spokesman. ...
2008-02-10 02:39:53 -
More Kiwis to lose homes - Stuff.co.nz
More Kiwis to lose homesStuff.co.nz, New Zealand - 25 minutes agoKolff said property owners with low incomes or big mortgages could be struggling as they faced higher interest payments after fixed-term mortgage rates ...
2008-02-10 03:15:15 -
Drought hits housing investment - Waikato Times
Drought hits housing investmentWaikato Times, New Zealand - 18 minutes agoHigher mortgage interest rates are affecting property owners on low discretionary incomes. "Also affected are those who have highly geared investment ...
2008-02-10 03:22:04 -
GAVIN BROWN: Stop hiking interest rates, use the GST to fight ... - Geelong Advertiser
GAVIN BROWN: Stop hiking interest rates, use the GST to fight ...Geelong Advertiser, Australia - 9 minutes agoIn fact, many of them have no mortgage and therefore are not concerned at all. Some of them have savings and are encouraged by the recent interest rate ...
2008-02-10 03:31:34
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