Mortgage and Financial News From 2008-2-18 Page 25
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A family's struggle against great debt
Philadelphia Inquirer - ... are fighting to stay there, having repeatedly fallen behind on their mortgage ... escape a severe downturn, the Federal Reserve has sharply lowered interest rates ... 70 out of work. It is hard for the Grandes to grasp how they got to their current ...
2008-02-18 12:05:00 -
Stimulus package could provide some help to real estate
Nashville Tennessean - Even so, an increase to $475,000 would save a borrower who takes out a mortgage for exactly that amount approximately $300 a month in payments, using current interest rates for a 30-year mortgage. Ractliffe believes a new cap would do some good simply ...
2008-02-18 12:05:00 -
The down-payment-poor are about to get squeezed
Baltimore Sun - ... to roll the higher fees into the interest rate on the mortgage, the new Fannie/Freddie charges generally will increase rates by ... to 1.7 percent per $100,000 of loan amount, up from the current premium level of 0.96 percent. On a $200,000 mortgage ...
2008-02-17 10:53:00 -
Elections & Voting (Online Journal)
Four years ago, I wrote " Why I Will Not Vote In 2004 " for which a number of readers thanked me profusely while another segment of readers sent scathing emails questioning how I could be so cynical and unpatriotic.
2008-02-17 09:55:32 -
The perils of auction-rate securities (The Post and Courier)
As a good Jesuit, Bishop John Carroll, the founder of Georgetown University, probably would not have thought to look for God in the steepness of the yield curve.
2008-02-17 09:59:07 -
Dow ETF looks like a diamond in the rough (MENAFN)
Dow ETF looks like a diamond in the rough
2008-02-17 10:13:42 -
NEWS: Lecture addresses Fed's tools to aid economy (The Dartmouth)
The Federal Reserve is acting decisively and quickly to combat the current downturn in America's economy, Frederic Mishkin, a member of the Board of Governors of the Federal Reserve System, said at the first annual Global Capital Markets Conference on Friday. The conference was sponsored by the Center for International Businesses at the Tuck School of Business.
2008-02-17 11:24:46 -
News of Our Past (Chico Enterprise-Record)
Here are some newspaper stories published this week in years past: 25 years ago 'Realtors approach 1983 'cautiously'' .
2008-02-18 12:16:40 -
Stimulus package could provide some help to real estate (The Tennessean)
Much of Nashville's real estate industry had an eye trained on Washington, D.C., last week, as lawmakers debated a bill meant to give a jolt to the nation's economy.
2008-02-18 12:16:41 -
More non-subprime homeowners walking away (Daily Breeze)
It's not just subprime borrowers who are defaulting on their mortgages these days.
2008-02-18 12:25:28