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Foreclosures Accelerate To Fastest Pace In Almost Three Decades - Los Angeles Times
foreclosures accelerated in the second quarter to the fastest pace in almost three decades as interest rates increased and home values fell, prompting more americans to walk away from homes they couldn't refinance or sell. new foreclosures increased ...
www.latimes.com

Jpmorgan, Facing Federal Probe, Exits Muni Interest-rate Swaps
sept. 4 (bloomberg) -- jpmorgan chase & co. will stop selling interest-rate swaps to government borrowers in the $2.6 trillion u.s. municipal bond market, which has been roiled by an antitrust probe and the near bankruptcy of alabama's most- populous county.
www.bloomberg.com

Arlington Hasn't Found Right Deal To Refinance Cowboys Stadium Bonds
by susan schrock arlington — the city has been unable to refinance $164 million in dallas cowboys stadium bonds at a favorable fixed interest rate, arlington officials told the city council on tuesday. the staff presented other viable refinancing options that could cost the city an additional $6 million to $9 million in fees and interest. the city’s current bonds have a variable interest rate, ...
www.star-telegram.com

Risky Mortgages Threaten To Keep Housing Market Down - Detroit Free Press
in the mortgage industry, they are called liar loans -- mortgages approved without requiring proof of the borrower's income or assets. the worst of them earn the nickname ninja loans, short for no income, no job and no assets. the nation's housing ...
www.freep.com

Will Banks Cut Home Loan Interest Rates? - News.com.au
not all banks have committed to lowering home loan rates rba is expected to cut the official interest rate today in-depth : the latest interest rates news and features the big question today isn't whether the reserve bank will lower the official ...
www.news.com.au

Foreclosures In Connecticut, Nation At Record Rate
as the subprime lending crisis continues to unfold, the rate of foreclosures and seriously delinquent home loans has reached its highest level on record for connecticut and the nation as a whole.
www.courant.com

Report: Foreclosure Rate Highest In Decades
connecticut's rate of mortgage foreclosures and seriously delinquent home loans has reached its highest level on record for at least the past several decades, according to a new report.
www.thebostonchannel.com

Foreclosures Accelerate To Fastest Pace In Almost Three Decades - Los Angeles Times
foreclosures accelerated in the second quarter to the fastest pace in almost three decades as interest rates increased and home values fell, prompting more americans to walk away from homes they couldn't refinance or sell. new foreclosures increased ...
www.latimes.com

U.s. Mortgage Foreclosures, Delinquencies Rise To 29-year Highs - Bloomberg
sept. 5 (bloomberg) -- foreclosures accelerated in the second quarter to the fastest pace in almost three decades as interest rates increased and home values fell, prompting more americans to walk away from homes they couldn't refinance or sell. new ...
www.bloomberg.com

Australian Banks To Pass On Full Interest-rate Cut (update1)
sept. 2 (bloomberg) -- australia's four biggest banks said they will cut interest rates for variable home loans after the central bank today reduced its benchmark rate for the first time in seven years.
www.bloomberg.com

U.s. Mortgage Foreclosures, Delinquencies Reach Highs (update3)
sept. 5 (bloomberg) -- foreclosures accelerated to the fastest pace in almost three decades during the second quarter as interest rates increased and home values fell, prompting more americans to walk away from homes they couldn't refinance or sell.
www.bloomberg.com

U.s. Mortgage Foreclosures, Delinquencies Reach Highs (update3) - Bloomberg
sept. 5 (bloomberg) -- foreclosures accelerated to the fastest pace in almost three decades during the second quarter as interest rates increased and home values fell, prompting more americans to walk away from homes they couldn't refinance or sell ...
www.bloomberg.com

Global Stock Markets: We All Fall Down! - Seekingalpha.com
investors not only returned to a shortened trading week after the labor day holiday on monday, but also to a bruising on stock markets, at least for those with long equity positions. concerns about the global economic outlook and continued financial ...
seekingalpha.com

U.s. Mortgage Foreclosures, Delinquencies Reach Highs (update1)
sept. 5 (bloomberg) -- foreclosures accelerated in the second quarter to the fastest pace in almost three decades as interest rates increased and home values fell, prompting more americans to walk away from homes they couldn't refinance or sell.
www.bloomberg.com

Envestra Announces $100m Westpac Facility To Refinance 2009 Bonds (env.ax, 00877162, 20080904)
envestra announced envestra victoria (envic), a wholly owned subsidiary of the company and westpac banking corporation havs agreed a $100m, three-year bank facility. the facility will replace envic's $85m medium term notes that mature in may 2009. the balance of the funds will be used for the company's capital expenditure program. the company's exposure to interest rate risk is minimal with over ...
au.biz.yahoo.com

Troubles Spread To Prime Md. Mortgages - Baltimore Sun
the share of maryland homeowners behind on their prime mortgages shot past 4 percent for the first time this spring, a sign that loan troubles are spreading beyond borrowers with shaky credit. more than 36,000 prime loans in maryland were delinquent ...
www.baltimoresun.com

Foreclosure Rate Alarms Iowans - Des Moines Register
despite a quarterly dip, iowa's foreclosure rate has worsened compared with a year ago, and officials are unsure whether a new housing relief law will do enough to help families keep their homes. a mortgage bankers association report friday showed ...
www.desmoinesregister.com

Make Sure It's Best Time To Refinance
there are many benefits to refinancing your home, the biggest one being a cut in your monthly payments.
www.thisweeknews.com

Mailbag
buying a second property and financing concerns q:we are buying the house next door. we believe we are getting a great price, as it needs a lot of cosmetic fixing up inside. we are borrowing against assets. we will be trying to get the best rate on a standard home mortgage once the home is fixed up in a month. can each member of a couple own their own "primary residence" in order to get an ...
www.inrich.com

R.i. Foreclosure Rate Accelerates In Second Quarter - Providence Journal
foreclosures accelerated nationwide during the second quarter, with an estimated 1,700 mortgages in rhode island falling into foreclosure proceedings, according to a national report released yesterday by the mortgage bankers association in washington ...
www.projo.com