Mortgage and Financial News From 2008-1-25 Page 17

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• Wall St Week Ahead: Fed rate cut, jobs data may lift stocks - Guardian Unlimited

  Wall St Week Ahead: Fed rate cut, jobs data may lift stocksGuardian Unlimited, UK - 1 hour agoHome builders have been major casualties of the subprime mortgage bust, but the stocks lately have moved up from their lows. On Thursday, brokerage Raymond ...
  2008-01-25 04:10:33

• Changing Social Attitudes About Debt - HoweStreet.com

  Changing Social Attitudes About DebtHoweStreet.com, Canada - 1 hour agoThe economy will go into a full recession too fast for the Fed to lower rates and for politicians to enact wasteful bailouts. 6. Once home prices reach a ...
  2008-01-25 04:19:37

• Mortgage rates lowest since 2004 - KJCT8.com

  Mortgage rates lowest since 2004KJCT8.com, CO - 1 hour agoDeCino said home prices in Mesa County are staying steady and rising, which is also good news. "We have the best of both worlds. Low mortgage rates ...
  2008-01-25 04:35:37

• New classes help San Jose residents caught in housing debacle - San Jose Mercury News

  New classes help San Jose residents caught in housing debacleSan Jose Mercury News,  USA - 46 minutes agoVeronica Frausto is a 39-year-old Santa Clara County employee whose adjustable-rate mortgage payment shot up $1200 in October 2007. ...
  2008-01-25 05:11:44

• Rate Cut Puts Whiff Of Refi In The Air - CNNMoney.com

  Rate Cut Puts Whiff Of Refi In The AirCNNMoney.com - 46 minutes agoEven before Tuesday's 0.75% slash in the federal funds rate by the Federal Reserve, mortgage rates had been sliding. Last week's cut pulled down home loan ...
  2008-01-25 05:12:32

• Home loan component of stimulus plan could be shortlived - San Jose Mercury News

  Home loan component of stimulus plan could be shortlivedSan Jose Mercury News,  USA - 45 minutes agoThe monthly payment on a 30-year fixed-rate loan would be $3516. If the same $528750 mortgage were to be a conforming loan at the low interest rate, ...
  2008-01-25 05:13:28

• Debate over housing costs - Newstalk ZB

  Debate over housing costsNewstalk ZB, New Zealand - 31 minutes agoInterest rates for a two-year fixed mortgage topped 9.3 percent last month. David Chaston of the website interest.co.nz says the rates are keeping home-loan ...
  2008-01-25 05:27:01

• Financial markets: Bears roar in Tuesday - The Oregonian - OregonLive.com

  Financial markets: Bears roar in TuesdayThe Oregonian - OregonLive.com, OR - 22 minutes agoThe lower rates will allow the 49-year-old Portlander to consolidate his mortgage loan with a home equity line of credit and credit card debt, ...
  2008-01-25 05:36:39

• Annual “Lambs to the Slaughter” ritual has begun - Best Syndication

  Annual “Lambs to the Slaughter” ritual has begunBest Syndication, CA - 15 minutes agoI like to call the mortgage business “the Wild West”. There is no other business where you will find such a wide variety of interest rates and accompanying ...
  2008-01-25 05:43:31

• Subprime mortgages and Foreclosures…. Legitimate beef or just sour ... - Best Syndication

  Subprime mortgages and Foreclosures…. Legitimate beef or just sour ...Best Syndication, CA - 15 minutes agoThe time has come to change the model of how people shop for and get a home loan. The question of whether or not the mortgage industry put people into bad ...
  2008-01-25 05:43:32

• Mortgage rates lowest since 2004 (KJCT 8 Grand Junction)

  GRAND JUNCTION (KJCT)- Mortgage rates are at their lowest since 2004, making this week the fourth week of consistently lower mortgage rates. It's a good time for Grand Valley residents looking to buy a home or refinance their mortgage.
  2008-01-25 04:44:25

• Fed rate cut, jobs data may lift stocks (EARTHtimes.org)

  NEW YORK (Reuters) - Wall Street may put the brakes on a steep decline next week, when a rate cut is anticipated from the Fed, and Friday's monthly jobs data may trigger a comeback for stocks after their January funk.
  2008-01-25 04:51:57

• New classes help San Jose residents caught in housing debacle (San Jose Mercury News)

  Some panicked San Jose homeowners have been coping with higher mortgage payments in recent months, and city officials are stepping up to help with counseling and a new series of classes for recent and potential home buyers.
  2008-01-25 05:17:00

• Debate over housing costs (Newstalk ZB via Yahoo!Xtra News)

  The National Party believes a shake-up of the tax treatment of rental properties is back on the agenda.
  2008-01-25 05:20:31

• Home loan component of stimulus plan could be shortlived (Contra Costa Times)

  A provision in the new economic stimulus package that would make it cheaper and easier to buy or refinance a home - a boon in the pricey Bay Area - might be terminated almost as soon as it begins.
  2008-01-25 05:26:24

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