Mortgage and Financial News From 2008-1-25 Page 7

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  • p0767 BC-StimulusPackage-Consu 1stLd-Writethru 01-25 0915 (Hays Daily News)

    Eds: ADDS more photo links; An interactive outlining major points of the package and containing video clips from key players is available in the wdc/econ--stimulus folder. Moving on general news and financial services.
    2008-01-25 03:07:05

  • Consumers at heart of stimulus plan (Lexington Herald-Leader)

    The success of the federal $150 billion emergency economic stimulus plan will hinge on whether American consumers do what they do best - spend, spend, spend. The stimulus has been debated in Washington for more than a week as the economic outlook worsened, and now Americans are armed with specifics: Individuals will get up to $600, working couples $1,200 and those with children $300 more per ...
    2008-01-25 09:11:28

  • Rebate debate centers around U.S. spending (The Nashua Telegraph)

    ST. LOUIS -- The success of the federal $150 billion emergency economic stimulus plan will hinge on whether American consumers do what they do best -- spend, spend, spend. ... - By CHRISTOPHER LEONARD The Associated Press
    2008-01-25 09:17:59

  • Consumers at Heart of Stimulus Plan (Bay News 9 Tampa Bay)

    By CHRISTOPHER LEONARD ST. LOUIS (AP) -- The success of the federal $150 billion emergency economic stimulus plan will hinge on whether American consumers do what they do best _ spend, spend, spend.
    2008-01-25 10:16:08

  • Top BIS banker sees no end to credit crunch fallout

    International Herald Tribune - Slower U.S. growth would see the rest of the world becoming less willing to fund American's big current account deficit ... Mortgage rates drop
    2008-01-25 10:20:00

  • Business Minute: Three in a row for Wall Street?, Microsoft earnings ...

    Idaho8.com - The Latest in House and Home House & Home Main Today's Mortgage Rates Money This Week in Money Money Home For Small Businesses Credit ... would allow government-sponsored Fannie Mae and Freddie Mac to buy mortgages up to 75% more expensive than the current ...
    2008-01-25 03:11:00

  • Arbor Realty Trust Declares Fourth Quarter 2007 Dividend

    MSN MoneyCentral - ... bridge and mezzanine loans, preferred and direct equity investments, mortgage ... These statements are based on management's current expectations and beliefs and ... to, continued ability to source new investments, changes in interest rates and ...
    2008-01-25 05:20:00

  • Up Next

    CBS News - HOUSE OF CARDS - Steve Kroft reports on how the U.S. sub-prime mortgage meltdown, in ... Those wounded on the battlefield are surviving at historically high rates thanks ... started out running home shopping giants QVC and HSN, but his current online ...
    2008-01-25 09:37:00

  • Barclays Sees $500 Billion Refinancing Surge From Stimulus Bill

    Bloomberg - ... in the limit on the size of loans eligible for purchase by Fannie Mae and Freddie Mac may lead to a surge in mortgage ... Of those, roughly three-quarters of the borrowers could lower borrowing costs through refinancing at current interest rates, the ...
    2008-01-25 09:52:00

  • Rate of subprime mortgage loans in default highest in New England ...

    MaineToday.com - Federal efforts to address the problem include an agreement among mortgage servicers and investors to fix rates on adjustable rate mortgages for five years for borrowers who are current on their mortgages. This is a step forward, but, according to ...
    2008-01-25 05:27:00

  • The darker side of interest rate cuts

    CNN Money - NEW YORK (Fortune) -- Interest rates are headed lower. But how low can they go? ... He says the Fed views the current situation as "maybe a little scarier than the ... Because of hefty losses on mortgage-related debt, banks like Citi ( C , Fortune 500 ...
    2008-01-25 08:54:00

  • Buyers of pricey homes could get break on loans

    San Diego Union-Tribune - Mike Dillon, president of TCS Mortgage in San Diego, said current average interest rates for a 30-year, fixed-rate mortgage are about 5.75 percent for a conforming loan and 6.75 percent for a jumbo loan. The proposed change would lower the monthly ...
    2008-01-25 04:37:00

  • Rate Cut Means Refi Madness

    Motley Fool - At any rate, whether you're on the brink of foreclosure or just hoping to cut your monthly mortgage payments, the current path of interest rates should come as welcome news. After Tuesday's unexpected rate cut -- along with another cut expected as ...
    2008-01-25 09:52:00

  • Refinancing heats up as rates cool down

    Orlando Sentinel - In general, a mortgage is deemed "refinanceable" if it is 0.40 percentage point above current average mortgage rates. And the recent drops in mortgage rates have made up to 7 million mortgages, or more than 70 percent of U.S. mortgages, eligible for ...
    2008-01-25 06:10:00

  • Union Bankshares Corporation Reports Net Income - SunHerald.com

    Union Bankshares Corporation Reports Net IncomeSunHerald.com, MS - 5 hours ago"We continue to undertake initiatives that will create greater long-term shareholder value, but result in a drag on current income growth rates. ...
    2008-01-25 04:24:00

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