Mortgage and Financial News From 2008-1-26 Page 10

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• Stop costs going through the roof - Scotsman

  Stop costs going through the roofScotsman, United Kingdom - 3 hours agoThey have a £200000 mortgage and are coming to the end of a two-year 4.39% fix with a bank which will move them on to its 7.69% standard rate. ...
  2008-01-26 04:12:39

• Real estate experts say new home-buying time may be near - KVIA

  Real estate experts say new home-buying time may be nearKVIA, TX - 2 hours agoAs the market turned around and interest rates peaked in order to control growth in the economy, many new homeowners found their payments just too difficult ...
  2008-01-26 04:56:03

• Woori Bank eyes 2 tln won in 2008 earnings - Yonhap News

  Woori Bank eyes 2 tln won in 2008 earningsYonhap News, South Korea - 2 hours ago... that business conditions will worsen this year due to the impact of the US subprime mortgage crisis, high oil prices and volatile exchange rates. ...
  2008-01-26 05:11:39

• Fallen rates raise hopes - Taunton Daily Gazette

  Fallen rates raise hopesTaunton Daily Gazette,  USA - 1 hour agoJames C. Lively, Bridgewater Savings president and chief executive officer, insisted that mortgage rates, which had plunged to below 6 percent earlier in ...
  2008-01-26 05:49:02

• Winning house raffle could be taxing - Hagerstown Morning Herald

  Winning house raffle could be taxingHagerstown Morning Herald, MD - 1 hour ago“I mean, most people don’t have that low a mortgage on their house. ... So as long as you can afford the payments on the home-equity loan,” you’re still a ...
  2008-01-26 06:23:47

• CitiGroup $10 billion Devastating Quarterly loss - Still Just Tip ... - American Chronicle

  CitiGroup $10 billion Devastating Quarterly loss - Still Just Tip ...American Chronicle, CA - 23 minutes ago... fall out from the subprime mortgage crisis that continues to depress US housing market as Adjustable Rate mortgages adjust to higher interest rates. ...
  2008-01-26 07:10:15

• Relief replaces horror on the global stock exchange but fears ... - Independent

  Relief replaces horror on the global stock exchange but fears ...Independent, UK - 14 minutes agoAmong those bonds are the complicated mortgage-backed derivatives that Wall Street gorged on until the credit meltdown began last August. ...
  2008-01-26 07:19:42

• Locksmiths Benefit From Foreclosures (KTVN Reno)

  It appears the high home foreclosure rates in Nevada aren't bad news for everybody. Local locksmiths say they have seen a boost in business over the past few years, due to the slumping housing market.
  2008-01-26 05:47:06

• Consumers Debate How To Spend Rebate Windfall (New London Day)

  St. Louis — The success of the federal $150 billion emergency economic stimulus plan will hinge on whether American consumers do what they do best
  2008-01-26 05:48:17

• TEXT MESSAGE SCANDAL: Public helped fund romantic trip (Detroit Free Press)

  Detroit Mayor Kwame Kilpatrick and chief of staff Christine Beatty used city funds at times to cover personal travel expenses as they rendezvoused across the United States during their affair, records obtained by the Free Press show.
  2008-01-26 05:58:15

• John Edwards coming to Tulsa (KJRH-TV Tulsa)

  Democratic candidate John Edwards is heading for the Sooner before the Feb. 5th primary.
  2008-01-26 06:23:47

• Winning house raffle could be taxing (The Herald-Mail)

  WASHINGTON COUNTY — Let’s say you win the house. Now, (deep breath here), you owe more than $150,000 in taxes. This sobering news comes from an accounting firm based in Hagerstown and a Washington County official, who did an analysis for The Herald-Mail.
  2008-01-26 06:32:24

• Mortgage rates drop (Waxahachie Daily Light)

  WASHINGTON (AP) – Rates on 30-year mortgages dropped for a fourth straight week to the lowest level in nearly four years, raising hopes that low rates will help spur a rebound in the hard-hit housing industry.
  2008-01-26 07:05:00

• Farmington Hills native wins Miss America (Detroit Free Press)

  LAS VEGAS — Miss Michigan Kirsten Haglund, a 19-year-old aspiring Broadway star, was crowned Miss America 2008 on Saturday in a live show billed as the unveiling of the 87-year-old pageant's new, hipper look.
  2008-01-26 07:15:46

• Dodd Pledges to Speed Fannie, Freddie Oversight Bill (Update3)

  Bloomberg - Jan. 25 (Bloomberg) -- Senate Banking Committee Chairman Christopher Dodd pledged to speed legislation creating a tougher regulator for government-chartered mortgage-finance companies Fannie Mae and Freddie Mac. ``We're going to get this bill done ...
  2008-01-25 11:39:00

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