Mortgage and Financial News From 2008-3-18 Page 2
Previous Day: 2008-03-17
Return to the mortgage news archive home.
Page: 01 2 3 4 5 6 7 8 9 10 11 12 13 14 15
16
-
Indiana prepares for rough economic future (WTHR Indianapolis)
The Federal Reserve is expected to cut interest rates again Tuesday. Many Hoosiers hope the cut will give a boost to the economy.
2008-03-18 03:07:53 -
Village increases sewer rates (Star Beacon)
In a flurry of legislative movement Monday, Geneva-on-the-Lake council hastily passed several money-making ordinances, including a 10 percent sewer rate increase that will help buffer the government’s tight $1.8 million budget.
2008-03-18 03:14:34 -
Thousands of Subprime Borrowers Seek Financial Relief (Voice of America)
The subprime mortgage crisis in the United States has rattled financial markets around the world. The crisis has triggered home foreclosures across the country, causing thousands of Americans to lose their homes, devastating entire communities.
2008-03-18 03:21:01 -
Two local victims in statewide scheme (Daily Press)
SAN BERNARDINO — Seven arrests have been made in a statewide lending scheme that include two victims from the Victor Valley. The total loss to the seven identified victims in San Bernardino County exceeds $2.5 million, officials said.
2008-03-18 04:42:22 -
FACTBOX-Presidential candidates on Bear Stearns crisis (Reuters via Yahoo! UK & Ireland News)
(Reuters) - The Federal Reserve on Tuesday slashed U.S. interest rates by a hefty three-quarters of a percentage point in another step to try to contain a fast-growing financial crisis.
2008-03-18 04:51:00 -
How can you cash in on interst rate drop? (Florence Morning News)
The Federal Reserve reduced interest rates Tuesday by three-quarters of a percentage point. That’s eight cuts since September. So far, the cuts have not translated into better economic news for consumers. In fact, the news seems to get worse. The nation's unemployment rate is 4.8 percent. That’s not very high, but it’s not just a number. It translates to nearly eight million people ...
2008-03-18 05:16:01 -
How can you cash in on interst rate drop? (Florence Morning News)
The Federal Reserve dropped interest rates again. What does that mean to you?
2008-03-18 05:24:16 -
Why Only Some See Benefit From Fed's Cuts (WallStreet Journal via Yahoo! Finance)
The Federal Reserve's series of rate cuts has helped to make home-equity lines of credit, credit cards and auto loans more affordable. But it has done little to help new-home buyers and those looking to refinance their mortgage.
2008-03-18 05:53:30 -
What the Fed rate cut means to you - BloggingStocks
What the Fed rate cut means to youBloggingStocks - 34 minutes agoEven if the Fed cuts rates, credit cards don't have to pass that reduced rate onto consumers. If you have a variable rate mortgage that resets later this ...
2008-03-18 04:24:53 -
Unelected Bernanke, Paulson key in crisis
MSNBC - Obama’s statement predicted that “Many other steps will be required to reverse this downturn in the weeks to come ... Dodd urged Bush to support his plan to refinance some home mortgages at a discount through the Federal Housing Administration.
2008-03-17 04:45:00 -
Fed rate cuts and your wallet
CNN Money - Johnson says the Fed may even reverse its rate cutting in the later half of the year if the economy stabilizes, given the ... The federal government recently increased the size of jumbo mortgages that are backed by the government.
2008-03-17 03:12:00 -
Obama, Clinton Cite Economic Distress
Associated Press - While there is no quick fix to repair our struggling economy, more must be done to begin to reverse the economic ... be able to push through legislation that would allow the Federal Housing Administration to insure certain refinanced mortgages
2008-03-18 11:15:00 -
Stocks Widely Mixed on Bear Stearns News
WTOP Radio - The pain for stockholders in Bear Stearns, which succumbed to losing bets on souring mortgages for borrowers with poor credit, will be sizable.
2008-03-16 05:58:00 -
Barack Obama delivers make-or-break speech on race
Salon - ... property, or loans were not granted to African-American business owners, or black homeowners could not access FHA mortgages ... racism while dismissing legitimate discussions of racial injustice and inequality as mere political correctness or reverse ...
2008-03-18 09:27:00 -
Analysis: The real costs of a financial crisis
Financial Times - Creditworthy companies’ borrowing costs have not risen much, nor has the cost of mortgages. ... The same factors that propelled the US housing bubble are now spinning in reverse, and there is as yet no bottom in sight
2008-03-18 02:21:00