Mortgage and Financial News From 2008-1-4 Page 17

RSS Feed

Previous Day: 2008-01-03

Return to the mortgage news archive home.

  • Housing market cooling as loan approvals drop to three-year low

    Times Online - Mortgage approvals fell for the fifth consecutive month in November, tumbling to a ... dropping by 37 per cent from levels a year earlier to only 83,000 – the lowest ... of England’s Monetary Policy Committee will order further cuts in interest rates ...
    2008-01-04 02:56:00
  • Data point to close call on rates

    Financial Times - ... evidence of a housing slowdown could make next week’s decision on interest rates ... Business expectations for 2008’s activity were at their lowest since the ... Bank data on Friday showed mortgage approvals for home buying fell to 83,000 in ...
    2008-01-04 10:17:00
  • Figures signal end to house price boom

    Daily Telegraph - ... clear indication of how many people can afford a new home - fell in November to the lowest for three years. Just 83,000 people were given a mortgage then ... It would be the second consecutive month that the Bank of England has cut rates, bringing them ...
    2008-01-04 05:40:00
  • Stocks tumble after latest jobs report

    MSNBC - ... whether the economy would continue to benefit from robust consumer spending even as sectors like home construction, mortgage ... Overseas, Japan’s Nikkei stock average fell sharply, finishing down 4.03 percent to its lowest level since July 2006 after ...
    2008-01-04 02:20:00
  • Mortgage lending is at its lowest since 2005 - This is London

    Mortgage lending is at its lowest since 2005This is London, UK - 3 hours agoFive interest rate rises between August 2006 and December 2007 also pushed up the cost of a mortgage, killing the home- owning dream for thousands. ...
    2008-01-04 02:08:31
  • Could the Federal Reserve Cut by Another 100bp in 2008? - Daily FX

    Could the Federal Reserve Cut by Another 100bp in 2008?Daily FX, NY - 3 hours ago100bp in 2007 and 100bp in 2008 would bring rates down to 3.25 percent, the lowest since June 2005. We believe that the chance for interest rates in the US ...
    2008-01-04 02:41:32
  • Second Mortgages Explained In Simple Terms - Best Syndication

    Second Mortgages Explained In Simple TermsBest Syndication, CA - 3 hours ago... but if you have credit issues, then the second mortgage equity loan may be in your best interest. Home equity loans are intended to offer higher rates, ...
    2008-01-04 02:49:35
  • Intel Takes Beating on Chip Sale Fears - E-Commerce Times

    Intel Takes Beating on Chip Sale FearsE-Commerce Times - 2 hours agoEven without a recession in the US, the analysts suggested, fallout from the mortgage and commercial credit crunches will lead to less-robust business ...
    2008-01-04 03:01:51
  • Treasurys Advance on Weak Jobs Growth - The Associated Press

    Treasurys Advance on Weak Jobs GrowthThe Associated Press - 2 hours agoEarlier the yield skidded to 3.83 percent, its lowest level since Nov. 26. Prices and yields move in opposite directions. The 30-year long bond gained 4/32 ...
    2008-01-04 03:16:00
  • Stocks tumble as US jobless data prompt recession fears - The Herald

    Stocks tumble as US jobless data prompt recession fearsThe Herald, UK - 1 hour agoThis ended a streak of 10 consecutive months of growth - with the ISM's index for US manufacturing sinking to its lowest point since April 2003. ...
    2008-01-04 04:02:37
  • Mortgage approvals hit lowest level for nearly three years - The Herald

    Mortgage approvals hit lowest level for nearly three yearsThe Herald, UK - 1 hour agoThese two sets of numbers were the just the latest of a raft of economic releases pointing to further cuts in UK base rates. A poll published yesterday by ...
    2008-01-04 04:02:37
  • Weak Job Growth Numbers Prompt Stock Selloff - New York Times

    Weak Job Growth Numbers Prompt Stock SelloffNew York Times, United States - 1 hour agoIt was a fraction of the 70000 jobs anticipated by economists, and it put the annual rate of job growth at its lowest level since 2004. ...
    2008-01-04 04:06:19
  • Where to put your money in 2008 - Scotsman

    Where to put your money in 2008Scotsman, United Kingdom - 1 hour agoLooking to 2008, I would expect to see the following scenarios unfold: • Residential property prices will begin to stagnate, as mortgage lending becomes ...
    2008-01-04 04:07:17
  • The HedgeWorld Oracle Speaks (Again): A Look at 2008 - Hedgeworld (subscription)

    The HedgeWorld Oracle Speaks (Again): A Look at 2008Hedgeworld (subscription), NY - 1 hour agoInvestment firms that profited from the subprime meltdown through timely shorting of mortgage-related securities will attract regulatory attention. ...
    2008-01-04 04:12:37
  • Figures signal end to house price boom - Telegraph.co.uk

    Figures signal end to house price boomTelegraph.co.uk, United Kingdom - 1 hour agoThe Bank of England said mortgage approvals - a clear indication of how many people can afford a new home - fell in November to the lowest for three years. ...
    2008-01-04 04:22:28