Mortgage and Financial News From 2007-8-27 Page 8

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  • Wall Street heading for volatile week

    New Zealand Herald - He said the jobs report, due a week before the Fed's policy-setters meet on September 18 to decide on interest rates, was among the pieces of data that may seal the market's fate in the days ahead, along with reports on housing. "If those numbers turn ...
    2007-08-27 04:37:00

  • John F. Wasik: Dumping the real-estate agent might spur your home's ...

    Asbury Park Press - From 1998 to 2005, U.S. housing prices climbed 37 percent in real terms, and, although national average commission rates ... and mutual-fund commissions have dropped to practically nothing, there's still the guiding hand of economic self interest that ...
    2007-08-27 12:27:00

  • Yen to unwind

    Hong Kong Standard - Duker said Asian retail investors - especially Japanese housewives - have been actively participating in the carry trades, picking up the differential in interest rates between currencies for the last six years. The overnight lending rates in Japan ...
    2007-08-27 03:54:00

  • Cotton crop and the textile industry

    DAWN Group - Although the lint rates eased to Rs2,900 per maund early last week, the price again jumped to Rs3,350 per maund in the ... That is in the best interest of the country and its efforts to increase exports as well as its people. Anything contrary to ...
    2007-08-27 11:25:00

  • Tremors shake UK's commercial property market

    Observer - But the hand-wringing is more pronounced among commercial property investors who borrowed hundreds of millions to buy assets during a golden age of low interest rates and huge price growth. Experts were predicting a correction in the £700bn sector ...
    2007-08-26 12:56:00

  • Cameron should count on happiness

    Guardian Unlimited - David "Danny" Blanchflower, who with Andrew Oswald, had been at the forefront of research into happiness, may be one of the nine people who set interest rates each month but he believes that policy in the 21st century will probably have to ...
    2007-08-27 10:28:00

  • Subscribe to the Times

    Quad-Cities Times - In Iowa, the number of pay day loan shops, where annual percentage interest rates can climb as high as 382 percent, continues to grow, said Jessica Whitney, of the Iowa Attorney General’s office who handles consumer complaints. The agency has also ...
    2007-08-27 03:36:00

  • Posted: 27-08-2007 , 11:59 GMT (Mena Report)

    Global Investment House – Kuwait – Economic & Strategic Outlook– Oman - Macroeconomic Profile - Economic growth has been consistent for the past three years in the Sultanate. Policymakers in Oman have initiated reforms that aim for economic diversification and structural reforms.
    2007-08-27 12:16:18

  • INDICATORS - Lebanon - Updated Aug 27 (Reuters via Yahoo! Asia News)

    BEIRUT, Aug 27 (Reuters) - Below is a table of the latest Lebanese economic statistics. Figures are provided by the central bank, finance ministry and ratings agencies.
    2007-08-27 07:34:03

  • INDICATORS - Lebanon - Updated Aug 27 (Reuters via Yahoo! Singapore News)

    BEIRUT, Aug 27 - Below is a table of the latest Lebanese economic statistics.
    2007-08-27 07:34:03

  • Feeling mortgage squeeze (New York Daily News)

    Amid tougher scrutiny, even homebuyers with good credit find there are high hurdles to get a loan. - Ailing lender jacks up CD yield in bid to raise money - Local bank now a bigger player
    2007-08-27 08:32:35

  • Home Resales in U.S. Probably Dropped in July for Fifth Month

    Bloomberg - The National Association of Realtors may report home resales declined 0.9 percent to an annual rate of 5.7 million, the ... Countrywide Financial Corp., the largest U.S. mortgage lender, had to tap a credit line from its banks after being shut out of the ...
    2007-08-27 01:56:00

  • Home inventories rise to 16-year high

    Marketwatch - July sales are based on closing of sales that were contracted in May or June. About a quarter of the realtors surveyed said they had a client whose previously committed loan had fallen through, Yun said. Further disruptions in the mortgage market in ...
    2007-08-27 02:17:00

  • Beware foreclosure "rescue" scam firms

    AZCentral.com - Rescue companies search public records and see your home is set to be foreclosed. They contact you by phone or email-- sometimes even in person-- and claim they can renegotiate the terms of your mortgage with your lender. They charged high fees ...
    2007-08-27 01:13:00

  • Ahead of the Bell: Existing Home Sales

    Boston Globe - The National Association of Realtors' report on U.S. home sales, due out at 10 a ... Demand for new and existing homes has been hurt by mounting troubles in the mortgage ... back from risky loans. Countrywide Financial Corp. was the top subprime lender ...
    2007-08-27 12:51:00

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