Mortgage and Financial News From 2008-1-19 Page 01

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• Mortgage Rates Down For The 3rd Consecutive Week

  HULIQ.com - 30-Year AND 15-Year FRM At Lowest Level Since July 2005 - McLean, VA – Freddie Mac (NYSE:FRE) yesterday released the results of its Primary Mortgage Market Survey® (PMMS®) in which the 30-year fixed-rate mortgage (FRM) averaged 5.69 percent with ...
  2008-01-16 03:53:00

• Hillary Clinton, Mitt Romney win Nevada caucuses

  Times of India - Nevada has one of the highest mortgage foreclosure rates in the country. In the competition for national convention delegates, Clinton won 13 and Obama 12. Edwards was shut out. Candidates from both parties are looking to gain the edge in the ...
  2008-01-19 06:56:00

• Stable foundation

  Altoona Mirror - Mortgage rates may be an important part of the equation for potential home buyers. Dewayne Newman, mortgage consultant with Cobblestone Mortgage and Financial Services in Duncansville, said he doesn’t see rates increasing ‘‘unless something ...
  2008-01-19 09:26:00

• Brownsville housing market largely escaping national woes - Brownsville Herald

  Brownsville housing market largely escaping national woesBrownsville Herald, TX United States - 1 hour ago“In fact, it’s still a great time to get a fixed rate mortgage, with one of the lowest interest rates in years” Jones said. Freddie Mac, which released a ...
  2008-01-19 10:13:04

• VIEWPOINT: Time comes to exit deregulation highway - Grand Forks Herald (subscription)

  VIEWPOINT: Time comes to exit deregulation highwayGrand Forks Herald (subscription), ND - 1 hour agoOne stopping point: the current mortgage crisis. Recently, however, there has been a slight regulatory bump in the road. After its chairman acknowledged ...
  2008-01-19 10:15:36

• Time may be right for investors - Houston Chronicle

  Time may be right for investorsHouston Chronicle, United States - 1 hour agoBy PURVA PATEL Stock markets have sunk, subprime mortgage issues continue to roil credit markets, and talk of a recession has many fearing it could become a ...
  2008-01-19 10:33:35

• Romney, Clinton win Nevada caucuses - Arab Times

  Romney, Clinton win Nevada caucusesArab Times, Kuwait - 1 hour agoNevada has one of the highest mortgage foreclosure rates in the country. In South Carolina, Huckabee greeted voters at a polling place and said he was ...
  2008-01-19 10:35:29

• US stocks cap rough week - Jerusalem Post

  US stocks cap rough weekJerusalem Post, Israel - 53 minutes agoWhile it began optimistically, with the Dow Jones industrials surging 172 points on hopes that perhaps the worst of the housing and mortgage crisis might be ...
  2008-01-19 10:51:52

• Life-or-death choices face residents of Hudson Valley - Times Herald-Record

  Life-or-death choices face residents of Hudson ValleyTimes Herald-Record, NY - 44 minutes agoShe also had a home and mortgage payments of some $2200 per month. The telemarketing firm moved overseas. Her husband was hurt. She lost her home. ...
  2008-01-19 11:01:06

• Angling for new clients - Salt Lake Tribune

  Angling for new clientsSalt Lake Tribune, United States - 42 minutes ago"They aren't going to tell you where their mortgage or their auto loan or their CD is. The checking account is the core relationship. ...
  2008-01-19 11:03:21

• Take on the ticker - Chicago Daily Herald

  Take on the tickerChicago Daily Herald, IL - 30 minutes ago"Mortgage refinancings have begun to surged, along with mortgage resets… they are significantly better because the Fed has eased (interest rates). ...
  2008-01-19 11:15:21

• Crippling fire insurance rates doused for Sun residents - Slidell Sentry News

  Crippling fire insurance rates doused for Sun residentsSlidell Sentry News, LA - 18 minutes agoSome were forced to choose between mortgage payments or insurance premiums, Whitehead said. And new construction and business sputtered out, with insurance ...
  2008-01-19 11:26:55

• Subprime mortgage lending, foreclosures relatively rare in Mont. - Helena Independent Record

  Subprime mortgage lending, foreclosures relatively rare in Mont.Helena Independent Record, MT - 16 minutes ago... rates in both the nation and the 11-state block that encompasses most of the Rocky Mountain region, according to data compiled by the Mortgage Bankers ...
  2008-01-19 11:29:20

• Survey shows ARMs no longer turn heads (The Clarion-Ledger)

  Adjustable-rate mortgages are declining in popularity these days, and for good reason: There's less of a financial advantage to borrowers, according to Freddie Mac's annual ARM survey, released Tuesday.
  2008-01-19 11:22:28

• Crippling fire insurance rates doused for Sun residents (News Banner)

  After nearly five years of crippling high fire insurance premiums, Sun residents will see a reprieve next month with rates slashed by up to 60 percent.
  2008-01-19 11:38:44

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