Mortgage and Financial News From 2008-1-2 Page 13

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• Second-hand house prices fell 6.8% last year - IrishExaminer.com

  Second-hand house prices fell 6.8% last yearIrishExaminer.com, Ireland - 4 hours agoEvery 0.25% hike in rates adds €15 per month to the repayments on €100000 borrowed over 25 years, adding €360 to monthly repayments on a €300000 mortgage. ...
  2008-01-02 04:23:26

• Libor falls to lowest level since credit crunch - Telegraph.co.uk

  Libor falls to lowest level since credit crunchTelegraph.co.uk, United Kingdom - 3 hours agoThe three-month London interbank offered rate (Libor) dropped 10.375 basis points to 5.89pc - just 39 basis points above the current base rate of 5.5pc. ...
  2008-01-02 05:08:20

• No Xmas cheer for borrowers - Stuff.co.nz

  No Xmas cheer for borrowersStuff.co.nz, New Zealand - 2 hours agoThe Good Returns mortgage rate table is sprinkled with red but this is not festive flourish. Rates are rising again and two-year fixes, in particular, ...
  2008-01-02 06:39:25

• The “Commodity Super Cycle” - Ready to Rumble in 2008 - Gold Seek

  The “Commodity Super Cycle” - Ready to Rumble in 2008Gold Seek - 43 minutes ago“The current, unusually high inflation rates in Germany and the Euro zone must not be the yardstick for the next wage round. A spike in prices as a result ...
  2008-01-02 08:00:41

• Libor falls to lowest level since credit crunch (Daily Telegraph)

  The credit crunch has appeared to ease a little as money market lending rates fell to their lowest level since the crisis began.
  2008-01-02 05:31:19

• Blog Section (Malaysia Today)

  You need to register to post comments in any of the Blogs. To register please send an e-mail to labisman (a) yahoo (dot) com with a short introduction. Membership is a privilege, not a right, and abuse of these privileges will get you banned.
  2008-01-02 07:49:19

• No Xmas cheer for borrowers (Stuff)

  There is not much cheer to be had if you are shopping for a homeloan in the run-up to Christmas 2007. The Good Returns mortgage rate table is sprinkled with red but this is not festive flourish. Rates are rising again and two-year fixes, in particular, are under pressure.
  2008-01-02 08:03:05

• The “Commodity Super Cycle” - Ready to Rumble in 2008 (GoldSeek.com)

  “A trend in motion, will stay in motion, until some major outside force, knocks it off its course.”
  2008-01-02 08:14:43

• Asian Stocks Fall on Economic Concerns; DBS Drops (Correct)

  Bloomberg - The company said it is ``seeking expressions of interest'' from potential buyers as it struggles to refinance A$3.9 billion ($3.4 billion) of debt by a Feb. 15 deadline. To contact the reporter on this story: Chen Shiyin in Singapore at ...
  2007-12-31 03:58:00

• Debt deadlines loom for Quebecor World

  Globe and Mail - Home   National British Columbia Prairies Ontario Quebec Atlantic Politics Education World Americas Europe Asia-Pacific Africa-Mideast ... S.) of financing within two weeks, but the printing company may be even more challenged by a new deadline to refinance the rest ...
  2008-01-02 01:25:00

• FOCUS Mortgage debt relief bill seen as helping home sellers, not ... - Thomson FX Hub

  FOCUS Mortgage debt relief bill seen as helping home sellers, not ...Thomson FX Hub, MA - 12 hours agoFor example, the tax break cannot be used by a homeowner who refinanced his house in order to turn their home equity into cash, regardless of whether the ...
  2008-01-02 07:59:14

• Subprime crisis affects everyone - Hudson Valley Press

  Subprime crisis affects everyoneHudson Valley Press, NY - 12 hours agoWhile some refinanced to reduce the interest rate of their mortgage, most liquefied some of their home equity as a source of funds. ...
  2008-01-02 08:01:28

• The Best Of Kiss & Tell 2007 - Hamptons Independents

  The Best Of Kiss & Tell 2007Hamptons Independents, NY - 12 hours agoLike the 30-year fixed mortgage, "'til death do us part" is really only a three to five year commitment which will be flipped or emotionally refinanced. ...
  2008-01-02 08:11:05

• Call Kurtis: Foreclosed Over Flood Insurance? - CBS 13

  Call Kurtis: Foreclosed Over Flood Insurance?CBS 13, CA - 4 hours agoAdrianna says the issue came up after she refinanced her home with Wilshire Credit Corporation of Portland, Oregon, about two years ago. ...
  2008-01-02 04:20:50

• Foreclosures up 41.5 percent in 2007 - Rocky Mountain News

  Foreclosures up 41.5 percent in 2007Rocky Mountain News, CO - 2 hours ago... who was set to lose his home on Dec. 15, but they were able to help him refinance into a FHASecure loan, allowing him to keep his house. ...
  2008-01-02 05:50:45

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