Mortgage and Financial News From 2008-6-18 Page 11
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Mortgage application volume fell last week (CNN Money)
Refinance applications hit their lowest levels of the year. Interest rates on home loans rise.
2008-06-18 05:18:54 -
California Home Market Shows First Signs of Recovery (Update1) (Bloomberg.com)
June 18 (Bloomberg) -- The California housing market may be showing the first signs of a recovery after three years of declining sales and two years of rising foreclosures, the UCLA Anderson Forecast said today.
2008-06-18 05:35:08 -
Help, I'm worried about negative equity! - Guardian Unlimited
Q I wonder if I'm hysterical or rational in considering this worst-case scenario. I bought a one-bed flat in Kemptown, Brighton, a year-and-a-half ago for £154,000. I invested £8,000 in the property and in February this year it was valued at £185 ...
2008-06-18 01:40:00 -
Nationwide bumps up mortgage rates - Times Online
Nationwide Building Society, the second largest lender in the country, today signalled that the mortgage squeeze is far from over as it ramped up rates yet again by up to half a percentage point, causing more pain for homeowners. The UK's biggest ...
2008-06-16 03:59:00 -
Nationwide increases mortgage rates for new borrowers again - Daily Telegraph
Nationwide, Britain's biggest building society, has increased its mortgage rates to new borrowers for the second time in two weeks. Some of the rates have shot up by as much as 0.5 percentage points and a number of deals now charge rates of more than ...
2008-06-16 03:59:00 -
Nationwide raises mortgage rates - BBC News
Volatility in the mortgage market is expected to continue The Nationwide building society is increasing its mortgage interest rates by up to 0.5% as volatility in the mortgage market continues. The rises in fixed-rate and tracker deals for new ...
2008-06-16 04:20:00 -
Dodd Strongly Denies 'Deal' On Mortgage Rates - New London Day
Sen. Chris Dodd aggressively denied Tuesday that he and his wife received favorable deals on two home mortgages in 2003. In a conference call with reporters, the chairman of the Senate Banking Committee and Connecticut's senior Democrat in Congress ...
2008-06-18 02:38:00 -
Brace for other shoe to drop in mortgage mess, some warn - MSNBC
With most of the country still reeling from the subprime mortgage meltdown, Mark Hanson is warning of the next looming blow. Hanson, a bank consultant and former mortgage broker from the Bay Area who writes a blog under the name "Mr. Mortgage," is ...
2008-06-18 01:55:00 -
Dodd Denies Loans Deal (Hartford Courant)
The Senate ethics committee has begun a preliminary investigation of the special treatment a mortgage lender afforded Sen. Christopher Dodd and another top politician.
2008-06-18 03:22:43 -
Indonesian Record $2.2 Billion Debt Sale Shows Demand (Update1) (Bloomberg.com)
June 18 (Bloomberg) -- Indonesia's government raised a record $2.2 billion in an overseas debt sale, 47 percent more than targeted, after policy makers bolstered investor confidence by raising interest rates and fuel prices.
2008-06-18 03:27:08 -
Nersa's decision to hurt (IAfrica South African Business News)
While the decision makers at the National Energy Regulator of South Africa (Nersa) will sleep easier on Wednesday night, few consumers are likely to have a peaceful night regardless of whether the regulator allows Eskom to enforce its requested 53 percent tariff hike or not.
2008-06-18 03:33:22 -
(AFX UK Focus) 2008-06-18 11:27 Asian stocks mostly higher, led by rebound in China market - UPDATE (Interactive Investor)
SINGAPORE (Thomson Financial) - (adds closing levels throughout)
2008-06-18 03:36:50 -
Ahead of the Bell: Mortgage applications (INO News)
(AP:WASHINGTON) Industry data to be released Wednesday will show whether home loan applications fell last week after mortgage rates jumped to the highest level in nearly eight months.
2008-06-18 03:37:47 -
Euro Cant Hold 1.5500 As Currencies Look For Direction (Daily FX)
A very quiet meandering night in the currency markets with EURUSD continuing to consolidate around the 1.5500 level in a now very familiar fashion. A very quiet meandering night in the currency markets with EURUSD continuing to consolidate around the 1.5500 level in a now very familiar fashion.
2008-06-18 03:39:12 -
FTSE slides as gloom hits builders (Reuters via Yahoo! UK & Ireland News)
The leading share index fell 1.5 percent by midday on Wednesday as inflation concerns caused sentiment on housebuilders to crumble and soft results from Sainsbury highlighted headwinds facing the country.
2008-06-18 03:45:00