Mortgage and Financial News From 2007-10-20 Page 01
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Startup home builders find top concern isn't downturn
Houston Chronicle - The mortgage mess is the least of Kash Humayun's worries. The upstart residential developer is more worried about how to keep a tight leash on building costs without sacrificing the quality of the homes he's planning to erect in the city's Heights ...
2007-10-18 05:57:00 -
Subprime mortgage blues
The Washington Times - Meanwhile, as home prices have been stagnating or falling and as high-rate loans have been commanding a much larger share of the mortgage market, mortgage originators have been selling to secondary investors a higher share (73 percent last year) of ...
2007-10-20 09:44:00 -
Your opinions on Business news
St. Petersburg Times - If not, then higher mortgage rates are certain to further depress home prices - since the same monthly payment will then purchase even less house. (A Goldman-Sachs analyst recently estimated that a 1 percent rise in mortgage rates would reduce the ...
2007-10-20 09:22:00 -
Paulson Says SIV Fund May Be Running by Year's End (Update3)
Bloomberg - Traders are becoming more pessimistic as losses on structured investment vehicles, which borrow in short-term markets to buy longer-dated assets, add to concern over the fallout from record U.S. mortgage foreclosures. Citigroup Inc., Bank of America ...
2007-10-20 01:58:00 -
Everything moves faster by e-mail, including false charges
St. Petersburg Times - At some point over the years, someone added an additional allegation to the Gold Star e-mail: that the Secret Service pays the full cost of the Clintons' mortgage on their home in Chappaqua, N.Y. That claim also is false. A White House spokeswoman ...
2007-10-20 10:34:00 -
Are You Paying Too Much Property Tax?
CBS News - Hannah Storm crunches numbers with financial expert Ray Martin to find out what it costs for a couple to survive off a single income so one parent can stay at home. (CBS) As millions of American homeowners are reeling from monthly mortgage payments ...
2007-10-20 05:54:00 -
Consider these seven smart mortgage moves for the remainder of 2007
Asheville Citizen-Times - Review your mortgage. Homeowners should assess their home loans annually. Interest rates change. Life events can trigger changes in the way you pay for your house. Children are born and grow up. Do I have a child who in a year is going to college ...
2007-10-20 09:51:00 -
Vick hoping to get $4.5 million for sale of lakefront Georgia home
ESPN.com - It carries a monthly mortgage of $23,063 and the annual property taxes are $26,700. The European-style home features a white, stucco exterior, Cathedral ceilings, eight bedrooms, 8½ baths, two fireplaces, hardwood floors, a two-story foyer and a ...
2007-10-20 03:38:00 -
Clear your mortgage 10 years early
Times Online - Such deals are not for the fainthearted as the currency markets are highly volatile, but if the exchange rate moves in the right direction it can be a good way of paying off your mortgage. OFFSET MEANS WE’LL OWN OUR HOME BY OUR MID-FORTIES MARK and ...
2007-10-20 05:04:00 -
ALP won't back tax mortgage payment plan (AAP via Yahoo!Xtra News)
Labor has ruled out making mortgage repayments tax deductible.
2007-10-20 08:04:11 -
Retiring with a mortgage (The Kansas City Star)
It's an increasingly common problem: You want to retire — but you haven't retired your mortgage.
2007-10-20 08:37:59 -
MORTGAGE MELTDOWN / Jumbos making a rebound (San Francisco Chronicle)
The jumbo-mortgage market, which went into a deep freeze in late August, is starting to thaw. Some large lenders have begun pricing their jumbo loans more aggressively in the past few days and weeks, bring rates closer to where they were before the credit...
2007-10-20 09:11:04 -
ATLANTA -- Michael Vick has put his $4.5 million Georgia home on the market. (WIBW-TV Topeka)
The home is located in the Sugarloaf Country Club in Duluth on Darlington Run in Atlanta. A listing on Realtor.com says the house has seven bedrooms, 8.5 bathrooms and an estimated monthly mortgage payment of $23,206.
2007-10-20 04:48:07 -
Sub-prime may delay Hip roll-out
Daily Telegraph - Credit crunch crisis in full in our special section Interest rates and mortgages: latest news and views In a speech last week ... It is the lower end of the market that is most effected by current market conditions. Hips will only make it worse ...
2007-10-20 03:53:00 -
Gussy Up Your Credit Card
MSNBC - Think better interest rates. Think promotional offers. Think saving money. Here's a step-by-step plan for getting your credit ... Check your current balances and APR. Before you can figure out how to best approach your holiday spending, you'll need to ...
2007-10-20 06:49:00