Mortgage and Financial News From 2008-1-17 Page 2

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  • Families battle to make ends meet as inflation soars - Irish Independent

    Families battle to make ends meet as inflation soarsIrish Independent, Ireland - 2 hours agoMichael Culloty from the Monetary Advice Bureau said they were being approached by a growing number of people struggling to pay their mortgage. ...
    2008-01-17 09:05:44

  • Obama or Clinton? - Jakarta Post

    Obama or Clinton?Jakarta Post, Indonesia - 2 hours agoPAT LISK Facing a US recession that will have a much bigger impact than the subprime mortgage crisis, Hillary Clinton should certainly be the next president ...
    2008-01-17 09:17:33

  • RBA's Stevens to speak amid the carnage - The Age

    RBA's Stevens to speak amid the carnageThe Age, Australia - 1 hour agoTreasurer Swan told the Australian Financial Review that new advice from Treasury forecasts there will be no significant change to the outlook for world ...
    2008-01-17 09:47:24

  • More selling likely on NZ sharemarket - Sydney Morning Herald

    More selling likely on NZ sharemarketSydney Morning Herald, Australia - 52 minutes agoLocal investors had been sanguine and no panic evident, but many had been ringing for advice. "We are having to do a bit of reassuring," Mr Lindsay said, ...
    2008-01-17 10:46:18

  • Reverse mortgages aren't for everyone (USA Today)

    After her husband died, Ernestine Boach felt she needed financial guidance. It was 2003, and Boach had just turned 62. An adviser urged her to take out a reverse mortgage, available mainly to those 62 and older, and use the money to buy deferred annuities.
    2008-01-17 09:00:52

  • Where Casey stands (Pocono Record)

    The Iraq war. Ongoing American military involvement, including the surge, has failed to stabilize the Iraq government or achieve an oil-sharing agreement, and leaves open the possibility that U.S. troops will remain in Iraq until 2018. "The surge has not worked."
    2008-01-17 09:41:41

  • Checklist (The Washington Times)

    Regional
    2008-01-17 09:49:41

  • Dutch securitisation uncertain but RMBS issuers to drive 2008 volumes - Moody's (The Forex Market)

    MUMBAI (Thomson Financial) - Moody's Investors Service said current conditions pose some uncertainty for the Dutch securitisation market for 2008, but it still expects securitisation to remain one of the key funding and risk management tools for large Dutch banks, with repeat RMBS issuers driving issuance.
    2008-01-17 10:05:39

  • THE GURU'S CORNER: Countrywide Acquisition Should Not Sway Bank Of America Buyers (Nasdaq)

    CHARLESTON, S.C. -- Analysts missed the boat on Countrywide by a considerable margin, but what's even more surprising is that they continue to do the same thing in the case of Bank of America.
    2008-01-17 10:06:06

  • Most buyers should reject 40-year loans (Lawrence Journal-World)

    Buying a house with a 40-year mortgage is usually a bad idea, but such loans can be a viable option for current owners who are behind on their bills and are facing foreclosure.
    2008-01-17 10:06:31

  • REALTY Q&A: Better To Pay Mortgage On Rental Property Or Personal Residence? (Nasdaq)

    WASHINGTON (Dow Jones) - Question: I have two small rental houses and a personal residence. I bought the rentals cheap, and thanks largely to sweat equity, both have more or less doubled in value.
    2008-01-17 10:06:37

  • RBA's Stevens to speak amid the carnage (Whyalla News)

    A speech to be delivered in London tonight by the Reserve Bank of Australia (RBA) chief will be critical to where the local sharemarket goes next, after shedding $140 billion in value during the past fortnight.
    2008-01-17 10:18:10

  • Advice: Go big or go home (The Daily Utah Chronicle)

    We have received a large number of e-mails since last semester. By large, we mean an average of 10 per day. These come from all over the country and even include gems from occasional international senders, such as pharmacists from Canada. The truth is, we don't even know if these are coming from U students.
    2008-01-17 11:15:58

  • What Every Mortgage Holder Should Know About PMI

    Best Syndication - Insurance - we need it for our life, our car, our house, our health and yes, in some cases, even for our mortgage. Private Mortgage Insurance (PMI) is the mortgage industry term used to describe insurance that protects the lender of your mortgage ...
    2008-01-15 03:54:00

  • Reverse mortgages aren't for everyone

    USA Today - The FHA's loan typically charges an original fee of 2% of the home value and a mortgage insurance premium of 2%. There are title searches, appraisals and other costs, too. Say, for example, a 62-year-old Michigan woman with a home value of $250,000 ...
    2008-01-16 03:53:00

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