Mortgage and Financial News From 2007-12-30 Page 12

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  • Home loans overhaul (The Courier Mail)

    MEMBERS Equity Bank, the financial player backed by leading superannuation funds, is preparing to overhaul the way it funds home loans.
    2007-12-30 05:00:00

  • Indians denied home loans (Fargo Forum)

    1 in 3 American Indians denied home loans in N.D., 1 in 4 turned down in Minn. Willard Yellow Bird says he wanted to buy a home in his native North Dakota. Yellow Bird, an Arikara from White Shield on the Fort Berthold Indian Reservation, ended up in Moorhead instead because he and his wife were able to get a low-interest mortgage through a program offered by her tribe, the Red Lake Band of ...
    2007-12-29 10:36:30

  • Dollar's Share of Currency Reserves Falls, IMF Says (Update1)

    Bloomberg - ... dollar's share of global foreign-exchange reserves fell to the lowest level since records began in 1999, as international demand for U.S. assets slumped after the subprime-mortgage ... markets and the Federal Reserve signaled it would cut interest rates ...
    2007-12-28 05:53:00

  • Credit Crunch Hits British Homebuyers

    BusinessWeek - ... though they were just above the nadir reached in October (itself the lowest rate ... the increase in house prices over the past 12 months, the value of gross mortgage ... appetite for debt-driven spending, even before December's cut in base rates and ...
    2007-12-27 03:55:00

  • Huge slump in ACS specialist lending market

    Sunday Business Post - The market for a specialist form of mortgage-backed lending fell to its lowest level ever this year in the wake of the credit ... funds and central banks - and had allowed Irish banks to fund a portion of their mortgage lending activities at lower rates ...
    2007-12-30 02:30:00

  • Weighed down

    San Diego Union-Tribune - ... loan originator at Bank of America. “People are realizing that if they're going to buy, now is the time, because mortgage rates ... That would be the lowest number of new homes built in the county since 1996 and less than half the pace of 2004, when ...
    2007-12-30 02:59:00

  • RPT-Wall St Week Ahead: Recession question to mark 2008

    Forbes - ... consumer discretionary sectors were the two major victims of the subprime mortgage ... how many more times and by how much the Federal Reserve will cut interest rates. On ... Monday, follows Friday's data that showed sales of new homes fell to the lowest ...
    2007-12-30 08:35:00

  • Huge slump in ACS specialist lending market (Sunday Business Post)

    The market for a specialist form of mortgage-backed lending fell to its lowest level ever this year in the wake of the credit crunch, according to new figures from the National Treasury Management Agency (NTMA).
    2007-12-30 02:40:28

  • Home loan growth down (Stuff)

    In another sign of a cooling house market, the rate of growth in bank mortgage lending has slowed to its lowest level this year.
    2007-12-30 08:12:14

  • New law saves many from paying Alternative Minimum Tax

    Stamford Advocate - Taxpayers calculate taxes the AMT way and the regular way and pay the higher amount. The highest AMT rate is 28 percent. The ... Energy Credits, Form 1040A's Schedule 2, Child and Dependent Care Expenses for Form 1040A Filers, Form 8396, Mortgage ...
    2007-12-30 02:01:00

  • Buying 2nd home in a volatile market

    NorthJersey.com - But at first glance the current housing climate appears less than encouraging because of the subprime mortgage mess, the ... Calculate your total annual expenses and divide the figure by the number of nights you plan to spend there over the course of ...
    2007-12-30 05:43:00

  • New law saves many from paying Alternative Minimum Tax (Norwalk Advocate)

    If you were not subject to the Alternative Minimum Tax in 2006 but are worried about 2007, you can relax.
    2007-12-30 02:17:50

  • Buying 2nd home in a volatile market (The Record)

    If you are dealing with the effects of an early winter storm season, you may be thinking about a second home now more than ever.
    2007-12-30 06:03:00

  • Italian Government Debt-Payment Costs Rise on Rate Increases

    Bloomberg - Dec. 28 (Bloomberg) -- Italy's debt-payment costs jumped this year as rising interest rates forced the ... Italy sold 70 percent of its debt in the first seven months of the year, which coincided with two rate increases by the ECB. Prime ...
    2007-12-28 04:20:00

  • Hard times ahead for SA

    Sunday Tribune - ... are set to feel the financial pinch, with more tough times on the way because of rising inflation and a further interest rate ... said in a statement it believed that the reserve bank would hike rates again early next year, causing prime rate to reach ...
    2007-12-30 05:22:00

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