Mortgage and Financial News From 2008-2-24 Page 30
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Get out from under your mortgage
Arizona Daily Star - So mortgage brokers are advising clients to look at refinancing if their rates are 7 percent or higher. If you have a lower rate and still want to refinance, you'll have to track rates daily and hope you'll lock in just as rates bottom out.
2008-02-23 11:00:00 -
The Wrong Questions About the Mortgage Market
Washington Post - Often they ask him whether it's a good time to refinance their mortgage loan. Mudd may be the go-to guy at parties because he heads the Federal National Mortgage Association, or Fannie Mae.
2008-02-23 07:40:00 -
Hardware firm to no longer be Auburn fixture
Seattle Times - In April — unless the couple can work with Centrum Financial Services, the lender, to refinance the loans — the Cavanaughs' property will be sold to the highest bidder on the steps of the King County Administration Building in Seattle.
2008-02-24 12:05:00 -
In U.S. mortgage mess, government wrestles with question of bailout ...
International Herald Tribune - ... America suggested a new "Federal Homeowner Preservation Corporation" that would buy up billions of dollars in troubled mortgages at a deep discount, forgive debt above the current market value of the homes and use federal loan guarantees to refinance ...
2008-02-23 11:58:00 -
UPDATE 1-Rosneft raises $3 bln loan to refinance debt
Reuters - MOSCOW, Feb 22 (Reuters) - Russia's largest oil company, Rosneft (ROSN.MM: Quote , Profile , Research ) (ROSNq.L: Quote , Profile , Research ), said on Friday it had raised a $3 billion syndicated loan from a group of international banks to repay ...
2008-02-22 12:43:00 -
Clinton, Obama vague on how they will pay for spending
Miami Herald - They've proposed spending big money to help avert housing foreclosures nationwide and to help refinance mortgages for borrowers in trouble. Both are counting on savings from reducing the U.S. presence in Iraq and rolling back some of President Bush's ...
2008-02-23 11:51:00 -
Advice from the cocktail circuit
Boston Globe - Often they ask him if it's a good time to refinance their mortgage loan. Mudd may be the go-to guy at parties because he heads the Federal National Mortgage Association , or Fannie Mae.
2008-02-23 09:13:00 -
Mortgage: Is it time for you to refinance?
Arizona Daily Star - Federal Reserve rate cuts are stirring up a flurry of phone calls to local mortgage brokers from homeowners looking to refinance. But mortgage rates in today's market are bouncing around rather than trending steadily downward. And the borrowers most ...
2008-02-24 12:19:00 -
Pay for vacation house with refi on paid-up main home (Ventura County Star)
We're a couple in our mid-50s whose children have both graduated from college. Our combined income is $175,000. Our house is worth $500,000, and we paid off the $300,000 mortgage last year. We sent in an extra $1,000 each month to pay it off faster. We have $40,000 in savings and $200,000 in our retirement stock fund. We'd like a second home, which we may make our retirement home someday, though ...
2008-02-24 12:20:25 -
Clinton, Obama vague on how they will pay for spending (Miami Herald)
Hillary Clinton and Barack Obama champion fiscal responsibility on the campaign trail, but both Democratic presidential hopefuls are promising massive new spending without providing details on how they'd pay for it.
2008-02-24 12:21:11 -
Candidates' eyes may be bigger than nation's wallet (Seattle Times)
Both Democratic presidential hopefuls are promising massive new spending without providing details on how they'd pay for it.
2008-02-24 12:30:47 -
Hardware firm to no longer be Auburn fixture (Seattle Times)
Pat and Jan Cavanaugh are sadly closing the doors on their 121-year-old business after a grandiose project consumed their finances.
2008-02-24 12:37:03 -
Horse sense: 'Wolves of Wall Street' far from strangers to Montanans (Billings Gazette)
HELENA - One of my favorite books is "War of the Copper Kings," the 1935 classic by C.B. Glasscock. It's the story of how three swashbucklers, Marcus Daley, William A. Clark and F. Augustus Heinze, battled for control of copper mining in Butte and, really, for the economic and political domination of the young state of Montana in the late 19th and early 20th centuries.
2008-02-24 12:37:31