Mortgage and Financial News From 2008-1-25 Page 9

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  • Volatile market has potential for problems, opportunities (The Norman Transcript)

    For The TranscriptWith a volatile stock market and talk of a possible recession on the horizon, local inves...
    2008-01-25 09:45:05

  • (AFX UK Focus) 2008-01-26 05:21 GMT: Consumers at heart of stimulus plan (Interactive Investor)

    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 09:46:52

  • 2007 worst year for South Florida home sales in almost three decades (Sun-Sentinel)

    Misery goes on for South Florida sellers December capped the worst year for South Florida's housing market in at least three decades and put the lingering slump at 24 months and counting.
    2008-01-25 09:55:14

  • Palm Beach County home sales down 19% in 2007; Prices drop 4% (Sun-Sentinel)

    December capped the worst year for South Florida's housing market in at least three decades and put the lingering slump at 24 months and counting.
    2008-01-25 09:55:24

  • Uncle Sam to us: Spend it (The Post and Courier)

    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. The stimulus has been debated in Washington for more than a week as the economic outlook worsened, and now A...
    2008-01-25 09:59:04

  • Veedersburg woman faces theft charge

    Commercial News - DePugh told McGrady she was willing to pay the money back and would refinance her home. Most of the missing PTO money was from fundraisers, including pie sales, cookie dough and other items. As treasurer of the baseball league, DePugh is accused of ...
    2008-01-25 07:00:00

  • Northwest lawmakers welcome deal

    World Link - ... hurt by federal cutbacks in logging; tax and regulatory relief for small businesses; increased state aid for programs such as food stamps, low-income heating assistance and unemployment insurance; and help for first-time home buyers to refinance ...
    2008-01-25 09:16:00

  • House plan: Tax rebates, break on home loans

    Seattle Times - Under the House plan, many in high-priced housing markets like the Seattle area would also get easier access to home loans ... Both measures would provide more opportunities for homeowners in high-price areas to refinance. The stimulus package's goal is ...
    2008-01-25 12:26:00

  • Homeowners scurrying to refinance

    Columbus Dispatch - For those who refinance, an appraisal must confirm that borrowers have at least 20 percent equity in their home -- a requirement that will exclude many struggling homeowners who have seen their properties decline in value or who already have tapped ...
    2008-01-25 02:35:00

  • Blow the house down

    News.com.au - Closer to home, the US debt crisis has already bitten deep, with shopping centre giant Centro struggling to refinance $3.9 billion in current debt. And Gold Coast property financier MFS has revealed its total debt has blown out to nearly $1.7 billion ...
    2008-01-25 06:10:00

  • Fed rate cut awakens homeowners to the possibility of refis

    WSJM - And that seems to have set off a light bulb for many homeowners regarding their home loans. The rush to refinance could get another boost from the government's tentative economic stimulus package worked out by Congress and the White House. ...
    2008-01-25 07:43:00

  • Asian Stocks Climb on U.S. Economic Stimulus Plan; Banks Gain

    Bloomberg - New Chief Executive Officer Glenn Rufrano yesterday ruled out a fire sale of assets as he seeks to refinance A$3.9 billion ($3.4 billion) of the company's debt. To contact the reporter on this story: Chen Shiyin in Singapore at ...
    2008-01-25 12:05:00

  • Huge home loans to boost market

    Santa Rosa Press Democrat - Local lenders said the these proposed temporary, one-year increases would make it easier for home buyers to buy more expensive homes at lower mortgage rates or to refinance existing loans. "You can finance more of the purchase price. If you were to ...
    2008-01-25 05:20:00

  • Rush to refinance homes speeds up as Fed cuts rate, mortgages near ...

    Nashville Tennessean - Dougherty hopes to refinance two home loans he holds on the house. He would like to combine them into a single 30-year fixed-rate mortgage and has discussed his situation with a loan officer friend. Dougherty's calculations indicate a lower valuation ...
    2008-01-25 06:31:00

  • Mich. Gov to Pledge Housing Loan Action - Houston Chronicle

    Mich. Gov to Pledge Housing Loan ActionHouston Chronicle, United States - 6 hours agoThe state House already has passed legislation that would authorize the Michigan State Housing Development Authority to refinance at lower rates the loans ...
    2008-01-25 02:40:20

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