Mortgage and Financial News From 2007-8-30 Page 10

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  • Getting Mortgage In Tight Market

    CBS News - Some of my contacts in the mortgage broker industry say they have not seen the credit environment this bad in their 20-plus years in the business. With the ending of the mortgage party, the bottom line is this: For many people who would have coasted ...
    2007-08-30 04:08:00

  • Getting Mortgage In Tight Market (CBS News)

    Early Show money maven Ray Martin tells how to enhance your chances of getting a loan to buy or refinance a home at a time when, as he puts it, the party's over, for lenders and borrowers alike.
    2007-08-30 04:30:06

  • Hundreds of Salesforce.com Customers Worldwide Generate Integration Success On-Demand with ... (ThomasNet)

    Customers such as Chevy Chase Bank, IFG Mortgage Broker Solutions, Stages Learning Materials, SunTrust Bank and Zimmer Switzerland quickly and easily integrate Salesforce into their IT environments with Pervasive SAN FRANCISCO and AUSTIN, Texas, Aug. 8 -- Pervasive Software (NASDAQ:PVSW), a global value leader in embeddable data management and integration software, and salesforce.com (NYSE:CRM), ...
    2007-08-30 01:06:07

  • 'Homeless' man's loan (The Australian)

    A CANBERRA mortgage broker is accused of writing a $360,000 home loan to a 20-year-old man who was unemployed, dyslexic and homeless.
    2007-08-30 02:00:00

  • Expert Offers Tips For Getting A Mortgage (CBS 2 Los Angeles)

    Those who seek to take out a new mortgage or refinance an existing one will be faced with higher interest rates and tougher requirements on everything from down payments and appraisals to credit scores and financial documentation. But a few helpful tips can help homebuyers and homeowners get the financing they need.
    2007-08-30 03:20:00

  • US agency home price index up 0.1 pct in Q2 vs expected decline UPDATE

    Forbes - ... Price Index rose 0.1 pct from the first to second quarters of this year, its lowest ... in the second quarter despite tightening credit policies, rising foreclosure rates ... the price information only goes through June and 'to the extent that recent mortgage ...
    2007-08-30 03:54:00

  • Fed injects $10bn of temporary reserves

    Financial Times - ... extended the 14-day loans in return for collateral that included $5.2bn of mortgage ... that the central bank remained vigilant in defending its target interest rates and ... cooled to a rate of 1.3 per cent from 2.4 per cent in the first quarter, the lowest ...
    2007-08-30 02:56:00

  • Money in the Morning

    San Diego Daily Transcript - Bankrate.com says that mortgage interest rates have dropped to the lowest level in three months. The average rate on a 30-year, fixed-rate loan fell in the past week to 6.43 percent, a rate we haven't seen since May 23. Get ready for plenty of ...
    2007-08-30 03:11:00

  • Asia Currencies: Malaysian Ringgit Falls; Philippine Peso Rises

    Bloomberg - South Korea's won rose on speculation some exporters took advantage of the currency's lowest close in a week to convert dollars. The won snapped two days of losses that had seen it weaken about 0.4 percent, increasing foreign-exchange ...
    2007-08-30 01:59:00

  • Forex - Sterling Rebounds From Early Losses Versus Other Majors Amid ...

    RTT News - Forex - Sterling Rebounds From Early Losses Versus Other Majors Amid UK Mortgage ... policy board member Atsushi Mizuno said Thursday that Japan's low interest rates ... This is its lowest level since Wednesday afternoon. The report showed that Canadian ...
    2007-08-30 02:21:00

  • Rate hikes 'starting to bite'

    Guardian Unlimited - ... evidence today that the economy is responding slowly to higher interest rates. ... full impact of interest rate rises in 2007 yet to filter through into higher mortgage ... The rounded balance of +15 percentage points was the lowest since last November. ...
    2007-08-30 03:54:00

  • Brokers' results seen vulnerable to credit jam

    Marketwatch - We believe that third-quarter earnings will be significantly impacted by the dislocation in the credit and asset-backed/mortgage markets, only partially offset by strength in currencies, rates and commodities as well as decent equities comparisons ...
    2007-08-30 01:52:00

  • Nationwide: property prices slowing

    Guardian Unlimited - House price inflation in the UK last month eased to its lowest level since March amid signs that higher interest rates are having an impact on the property market, a leading mortgage lender said today. The Nationwide building society said prices had ...
    2007-08-30 07:47:00

  • Pennsylvania Considers Laws to Protect Mortgage Borrowers

    Bloomberg - Aug. 29 (Bloomberg) -- Pennsylvania needs new regulations to better protect borrowers, requiring mortgage dealers to clearly explain adjustable interest rates and other features of the loans they make, a state banking official said. The state's ...
    2007-08-29 12:53:00

  • Bankrate survey shows decline in fixed mortgage rates

    Marketwatch - NEW YORK (MarketWatch) -- Fixed mortgage rates dropped this week, according to a weekly survey conducted by Bankrate. The data show that the average conforming 30-year fixed rate slipped to 6.43%, its lowest level since May 23, from 6.58% last week ...
    2007-08-30 11:57:00

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