2008-10-06 14:11:00

Many pieces go flying from mortgage implosionDallas Morning News, TX - Oct 5, 2008ARM: An adjustable-rate mortgage. Such mortgages usually have a low introductory interest rate that resets after three to five years at a higher rate. ...MY TURN: President Bush’s administration is not to blame Tuscaloosa News (subscription)all 52 news articles.

2008-10-06 14:11:00

Not Everyone Should Own a HomeWall Street Journal - 10 hours agoIf market interest rates fall below the fixed interest rates, borrowers will simply refinance at lower rates. Another fine deal for borrowers. ....

2008-10-06 14:11:00

Financial advisers answer your questionsDetroit Free Press, United States - Oct 3, 2008He said he could get his appraiser to give me whatever value I need and not to worry about my low equity. Do you think now is the time to refinance my house ....

2008-10-06 14:11:00

Commercial real estate feels pinchMinneapolis Star Tribune, MN - 46 minutes agoEven so, the rate is low by historical standards. What's unclear is how much those rates will be affected by recent fallout from Wall Street and how much ....

2008-10-06 14:11:00

Bernard Hickey: Pray credit freeze thaws fastNew Zealand Herald, New Zealand - Oct 4, 2008These are nervous times for banks all around the globe as they try to refinance debt they owe to banks in other countries. The international inter-bank ....

2008-10-06 14:11:00

Press of Atlantic CityBank of America in Settlement Worth Over $8 BillionWall Street Journal - 10 hours agoAnother option is to reduce the borrower's interest rate to make the loan more affordable. In some cases, borrowers' interest rates may be reduced to as low ...Bank of America in $8.6 bln deal over Countrywide loans-WSJ ReutersProgram to aid Countrywide borrowers Santa Rosa Press DemocratDEAL TO HELP 21000 IN STATE KEEP HOMES: Illinois, 7 states reach ... Trading Markets (press release)all 544 news articles.

2008-10-06 14:11:00

NinemsnThe Bailout Will FailVDARE.com, VA - 11 hours agoIt required Fed chairman Alan Greenspan’s inappropriate low interest rates, which created a real estate boom. Rapidly rising real estate prices quickly ...Video: Congress OKs Financial Rescue, Bush Signs It AssociatedPressall 1,146 news articles.

2008-10-06 14:11:00

Global markets brought down by risky innovationsTaipei Times, Taiwan - Oct 3, 2008And most mortgage holders probably expected to refinance their mortgages before their rising interest-rate trebled or quadrupled monthly repayments. ....

2008-10-06 14:11:00

Wall Street Breakfast: Must-Know NewsSeeking Alpha, NY - 2 hours agoThe one-month rate rose 2 BPs to 5.15%, reaching an all-time high for a fifth day. The cost of borrowing dollars overnight, Libor, jumped 37 BPs to 2.37%, ....

2008-10-06 14:11:00

ABC NewsWorthy foreclosure rescue?Philadelphia Inquirer, PA - Oct 5, 2008Their solution: Refinance all mortgages on primary residences as 30-year fixed at 5.25 percent, "matching the lowest mortgage rate in the past 30 years," ...Mortgage official: Federal government has power now to reduce ... MLive.comBig homeowner rescue program kicks off San Francisco ChronicleAdvocates: Homeowners need help Schenectady GazetteScripps News - Long Island Business News (subscription)all 572 news articles.