Mortgage and Financial News From 2008-2-28 Page 6

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  • The essential first-time buyer tips

    This is Money - The number of first-time buyers has dropped to its lowest level for almost 30 years. ... Despite recent falls, house prices remain prohibitively high, as do mortgage rates, and loans up to 100% of the property price ...
    2008-02-27 04:12:00

  • Dollar Falls to Record Against Euro on Fed Rate-Cut Speculation

    Bloomberg - ... signaled he's ready to lower interest rates again to support the weakening U.S. economy. ... of the 16 most- active currencies as subprime-mortgage ...
    2008-02-27 12:47:00

  • Dollar Falls to Record; Jobless Claims Rise, GDP Lags Forecast

    Bloomberg - ... economic growth bolstered bets the Federal Reserve will cut interest rates through ... The dollar fell to 105.86 yen from 106.49, touching the lowest since Feb. 1 and ... has dropped 12.5 percent versus the euro in the past year as subprime-mortgage losses ...
    2008-02-28 07:17:00

  • Dollar Trades Near Record Low Versus Euro Before Spending Data

    Bloomberg - ... as a cooling economy fueled bets the Federal Reserve will cut interest rates at ... currency has dropped 13 percent versus the euro in the past year as subprime-mortgage ... the currency against six major counterparts, yesterday touched 73.63, the lowest ...
    2008-02-28 03:45:00

  • Minimum 10% deposit before Lloyds will give you a mortgage

    Times Online - Melanie Bien, director of the independent mortgage broker Savills Private Finance ... Banks have been tightening their lending criteria and raising rates in the wake of ... the number of loans granted for new home purchases in January was one of the lowest ...
    2008-02-28 01:58:00

  • House prices to fall as interest rates rise

    News.com.au - BIG city house prices will fall if interest rates continue to climb, Australia's ... Resources-boom driven Perth had the lowest capital city yearly increase of 1.1 per ... 6. Banks want access to 'mum and dad' savings 7. Govt's rental plan to ease mortgage ...
    2008-02-28 03:59:00

  • Northern Rock and housing gloom hits consumer confidence

    Daily Telegraph - Britons' confidence in the economy has sunk to the lowest level since the early 1990s in the wake of the Northern Rock ... This might be because consumers are unsure of whether lenders will actually pass on the cut to their mortgage rates.
    2008-02-28 05:04:00

  • Mortgage rates rise to 3-month high

    MSNBC - The mortgage rates do not include add-on fees known as points. Thirty-year mortgages and 15-year mortgages both carried a ... Home sales fall to lowest level since '99
    2008-02-27 03:53:00

  • Exclusive Interview with Franz J. T. Lee: Venezuela and the USA

    Centre des Médias Alternatifs du Québec - In fact, nobody knows or can calculate when this crash will happen. The only thing that is sure, is that the U.S. economy ... on the belligerent horizon and serious economic problems faced the banks and brokers, who possessed huge assets in mortgage ...
    2008-02-27 02:20:00

  • CIBC announces first quarter 2008 results

    CNW Group - TORONTO, Feb. 28 /CNW/ - CIBC (CM: TSX; NYSE) announced a net loss of $1,456 million for the first quarter ended January 31, 2008, compared with net income of $770 million for the same period last year. Diluted loss per share was $4.39, compared with ...
    2008-02-28 05:29:00

  • McCain and Obama trade jabs on Iraq

    International Herald Tribune - Inspiration is nice. But some folks seem to be getting out of hand. It’s as if Tom Daschle descended from on high saying, “Be not afraid; for behold I bring you good tidings of great joy which shall be to all the people: for there is born to you ...
    2008-02-26 03:55:00

  • Hersha Hospitality Announces Fourth Quarter 2007 Earnings

    MSN MoneyCentral - We calculate FFO applicable to common shares and Partnership units in accordance with the April 2002 National Policy ... 552,967,736 $66,341,130 ----- ----- Total Consolidated Mortgage Debt ...
    2008-02-26 03:55:00

  • Superior Plus Announces Strong 2007 Year-End Results and a 4 ...

    CNW Group - TSX: SPF.UN CALGARY, Feb. 28 /CNW/ - Highlights - Fourth quarter performance was strong with operating distributable cash flow from continuing operations up by 14% and overall distributable cash flow per trust unit up by 11% from the fourth quarter ...
    2008-02-28 01:15:00

  • Making Sense Of The World's Biggest Market

    Forbes - While not nearly as opaque as some of the dicey mortgage-backed securities that have gotten many of the big banks in hot ... Valuation's SwapWatch software uses quantitative models to calculate financial positions on the fly.
    2008-02-27 03:53:00

  • W. P. Carey Announces Fourth Quarter and Year-End 2007 Financial ...

    MSN MoneyCentral - ... 345 1,539 Distributions to minority interests (8,168) (6,226) (355) Scheduled payments of mortgage ... We calculate FFO in accordance with this definition and then include other adjustments to GAAP net income to adjust for ...
    2008-02-28 06:27:00

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