Mortgage and Financial News From 2008-5-31 Page 3
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Want the best home loan? Then you're on your own, kid (Independent)
During the seemingly endless golden era of cheap mortgage rates and aggressive competition among lenders, going to a broker was seen as the most reliable route to hunting down the best deal in a crowded market. Between April 2006 and September 2007, according to statistics from the Association of Mortgage Intermediaries (AMI), 61 per cent of all mortgages were sold through brokers.
2008-05-31 04:17:41 -
Closing costs all over the map, study finds (San Francisco Chronicle)
Anew study finds that closing costs on home loans vary widely and that African Americans, Latinos and people in neighborhoods with fewer college graduates tend to pay more. So do people who got their loans through mortgage brokers instead of directly from a...
2008-05-31 07:25:09 -
The Trouble in Housing Trickles Up (NYTimes.com via Yahoo! Finance)
Nearly a year after the mortgage meltdown became front-page news, housing woes have moved into the realm of upper-middle-class homeowners
2008-05-31 07:36:18 -
A Chelsea girl's guide to surviving the slump - Daily Telegraph
The luxury goods market is booming. Sales of impossibly glamorous items are buoyant and a £450 pair of Burberry gumboots is the must-have fashion accessory this season. I don't think this is entirely because of the weather. The thing about economic ...
2008-05-31 05:04:00 -
Home mortgage 'reset' shock to hit suburbs - Minneapolis Star Tribune
The foreclosure crisis in Minnesota continues and is now poised to spread from cities to suburbs. In large swaths of the Twin Cities and across the state, 40 percent of more than 50,000 subprime loans will jump to higher payments this year. Another ...
2008-05-31 05:32:00 -
RealCAPITA signs finance deal (Gulf Daily News)
MANAMA: The Real Estate Investment firm, RealCAPITA has signed an exclusive agreement with Reef - Real Estate Finance Company to provide mortgage financing solutions to RealGardens unit buyers, the luxurious residential compound in Al Jasra area.
2008-05-31 03:11:19 -
Consumer Rights: The deposit was paid and the car dealer did a U-turn (Independent)
Q. I put a deposit of £99 on a car at the Evans Halshaw dealership. When the monthly price for the finance came back, it was higher than originally quoted and more than I'd planned to spend.
2008-05-31 04:20:32 -
Growth limits in Oregon ease housing pains (Corvallis Gazette-Times)
NORTH PLAINS — Here at the western edge of the Portland metro area, green fields flow into fir trees and foothills and eventually the Coast Range. They are a developer’s dream: flat, picturesque and a quick freeway spin from the region’s high-tech center.
2008-05-31 06:25:26 -
Future of historical East Austin house to be determined (Austin American-Statesman)
The fate of an East Austin home that once belonged to descendants of a freed slave is up in the air.
2008-05-31 06:32:58 -
Consumers Lean on Rebate Checks for Bills and Gas (NYTimes.com via Yahoo! Finance)
So far, the tax rebates handed out by the Treasury have not spurred a visible spree of new spending.
2008-05-31 06:36:18 -
Sender E-mail - DailyTech
Under the new ACTA deal, iPods and other electronic devices will be subject to searches. It will be at border agents' discretion what material is infringing. The searches can be conducted without lawyers present and those found in violation will be ...
2008-05-26 05:52:00 -
Need to know - Times Online
House price growth ’s annual rate fell for the eighth successive month in April. House price inflation fell to 2.7 per cent, its lowest since November 2005, according to the Land Registry. The average price of a home in England and Wales fell 0.2 ...
2008-05-30 04:43:00 -
High street banks take another pounding - Financial Times
It was a gloomy end to a rotten but mercifully short week for the UK banking sector. Shares in the UK’s big lenders fell yet again on Friday. For the likes of Bradford and Bingley and Royal Bank of Scotland , it was their fourth-successive down day ...
2008-05-30 01:16:00 -
The Lowdown on Libor (BusinessWeek)
What you need to know about the global interest rate benchmark, and how it can affect your mortgage and credit
2008-05-29 09:44:31 -
The Lowdown on Libor (BusinessWeek)
2008-05-29 09:58:34