Mortgage and Financial News From 2008-1-2

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• Your inner princess - Rocky Mountain News

  Your inner princessRocky Mountain News, CO - 32 minutes agoClare Sauro, assistant curator of accessories at the Museum at the Fashion Institute of Technology, thinks the renewed interest from top jewelers and luxury ...
  2008-01-02 06:11:17

• CoStar’s 2007 Redux: How Long Will the Wild Ride Last? (CoStar Group)

  In many ways, 2007 seemed like two completely different years. At the outset of that giddy first half, private-equity Blackstone Group paid Equity Office Properties Trust an astounding $39 billion, debt included, for America's largest office property...
  2008-01-02 05:44:28

• Analysts upbeat on stocks this year (People's Daily)

  Although the stock market rally in the past year seems to have lost much of its steam, analysts remain confident of the upward trend, albeit at a much more moderate curve. Any notion of a possible meltdown has been largely discarded as t ...
  2008-01-02 06:11:12

• Restructuring experts warn retailers

  Boston Globe - Retailers are expected to have a hard time luring shoppers struggling with higher mortgage payments, fuel costs and ... Although only a small percentage of Americans have adjustable-rate mortgages scheduled to reset to higher rates next year, the home ...
  2008-01-02 03:27:00

• US stocks open flat ahead of economic readings, minutes from Fed ...

  CNBC - HOME ... market and tightness in the credit markets brought on by fears of faltering mortgage ... the central bank's Dec. 11 meeting, when policy makers lowered key interest rates ...
  2008-01-02 06:37:00

• Real, Rand, Lira Rallies Are at Risk as Yields Fall (Update4)

  Bloomberg - Volatility on the same option reached 23.5 percent on Aug. 17 last year, as the collapse of the subprime mortgage market increased corporate borrowing costs. Wider swings in exchange rates makes securities in other currencies less appealing by ...
  2008-01-02 11:23:00

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  Daily Telegraph - As many are tired of pointing out, it is not within the Bank of England's remit to act solely in the interest of mortgage payers. Interest rates usually control inflation not help home owners. 'House prices have actually increased more rapidly than ...
  2008-01-02 03:55:00

• Oahu home, condo sales fell 12% in '07

  Pacific Business News - Mortgage rates rise at largest banks [Honolulu] Oahu home prices flat, sales down [Honolulu] Long-term mortgage rates decline [Honolulu] Sales of single-family homes fell 10 percent on Oahu in 2007, according to figures released Wednesday by the ...
  2008-01-02 03:48:00

• Stocks Drop on Weak Manufacturing Report

  Forbes - Home Business Tech Markets Entrepreneurs Leadership Personal Finance ForbesLife Lists ... Central bankers, who voted to cut interest rates a quarter percentage point ... market and tightness in the credit markets brought on by fears of faltering mortgage ...
  2008-01-02 03:34:00

• Restructuring experts warn retailers - BusinessWeek

  Restructuring experts warn retailersBusinessWeek - 3 hours agoAlthough only a small percentage of Americans have adjustable-rate mortgages scheduled to reset to higher rates next year, the home-foreclosure crisis has ...
  2008-01-02 02:53:13

• Construction Spending Rebounds Slightly - The Associated Press

  Construction Spending Rebounds SlightlyThe Associated Press - 2 hours agoThe Commerce Department reported that spending on construction projects rose by 0.1 percent in November to a seasonally adjusted annual rate of $1.165 ...
  2008-01-02 03:25:49

• House Tech offers rebates on home sales - WWBT

  House Tech offers rebates on home salesWWBT, VA - 2 hours ago“Most of them do, and the reason is simply because we can offer the same or better rates than any other mortgage company can, and it’s so convenient,” he ...
  2008-01-02 03:54:36

• A new year, and a new morality is needed in the financial sector - Scotsman

  A new year, and a new morality is needed in the financial sectorScotsman, United Kingdom - 1 hour agoThat second buy-to-let home in Bulgaria is no longer looking like such a good idea. Those of us old enough to remember 15 per cent interest rates in 1989 ...
  2008-01-02 04:06:37

• Striking a balance in monetary objectives - China Daily

  Striking a balance in monetary objectivesChina Daily, China - 1 hour agoThe rate for demand deposits was lowered by 9 basis points to 0.72 percent, unprecedented in previous rate hikes. The interest rate for mortgage loans made ...
  2008-01-02 04:58:46

• Higher prices give gas to North Texas drivers - Fort Worth Star Telegram

  Higher prices give gas to North Texas driversFort Worth Star Telegram, TX - 1 hour agoThe higher prices, along with other economic factors such as higher mortgage interest rates or foreclosures, are dampening new auto sales. ...
  2008-01-02 04:59:48

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