Mortgage and Financial News From 2008-5-25 Page 7
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Credit Scores Crucial in Current Economy (Richfield Reaper)
(ARA) - If you're in the market for a new home, new car or even a personal loan you could benefit from the recent interest rate cuts on loans. What's more, the rewards could be even greater if you check your credit before applying for a loan.
2008-05-25 08:15:23 -
Another twist added to mortgage rate roller coaster - Nashua Telegraph
Mortgage rates fell sharply this week, bucking a recent trend of slow but steady rises. The average 30-year fixed-rate mortgage plunged 17 basis points, to 6.02 percent. A basis point is one-hundredth of a percentage point. Prior to this week, the 30 ...
2008-05-23 06:36:00 -
Union Mortgage Group Taps Herbert W. Engler as New President - Forbes
BOWLING GREEN, Va., May 23 /PRNewswire-FirstCall/ -- Union Mortgage Group, Inc. (UMG), a member of Union Bankshares Corporation (Nasdaq: UBSH), announces that Herbert W. Engler has been appointed as President and Chief Executive Officer of UMG. "We ...
2008-05-23 08:52:00 -
Where Fannie goes, PMI unlikely to follow - Chicago Tribune
WASHINGTON—On May 16, Fannie Mae and Freddie Mac reversed its policy of penalizing buyers in troubled real estate markets with 5 percent higher down payments. Starting Saturday, Fannie will charge borrowers the same minimum down payments ...
2008-05-24 11:53:00 -
Knowing the score holds key to a home in Louisville - Louisville Courier-Journal
Reacting to new demands from cautious investors, some local banks and mortgage brokers are tightening guidelines for loans, and in some cases requiring larger down payments. And unlike the subprime mortgage crackdown that started a year ago, local ...
2008-05-25 07:38:00 -
Thieves Have Gone High-tech -- So Should You (Carteret County News-Times)
(ARA) - Years ago identity thieves hit the gold mine by diving into dumpsters and finding people's names and social security numbers. Today, getting "dirty" is no longer necessary to strike it big.
2008-05-25 05:37:33 -
Health minister used taxpayers' money to pay premiums on husband's £430,000 life insurance policy (Daily Mail: World News)
In political circles they have been dubbed 'Mr and Mrs Expenses' – a name that appears to suit Ann Keen and her husband after revelations they squandered £100,000 of public funds..
2008-05-25 06:02:06 -
Tough times: Middle class losing grip on American dream (Sun-Sentinel)
The mortgage crisis and other factors imperil the American dream. A decade ago, Mary and Jim Thompson were the epitome of America's middle class. They had a home in an Orlando suburb, two cars, good jobs, good benefits and a line of credit.
2008-05-25 06:52:30 -
GE jinxes Wizard founder's bid (The Australian)
Corporate magician Mark Bouris wants to regain control, but GE could thwart him
2008-05-25 07:00:00 -
Wizard up for sale after losing magic (The Australian)
STRUGGLING mortgage lender Wizard Home Loans will be up for sale this week days after the corporate watchdog rebuked owner GE Money.
2008-05-25 07:00:00 -
Carolyn Bigda: Grab all credit card benefits and save (Chicago Tribune)
C redit cards can be a royal pain. They often charge double-digit interest rates. They sometimes levy fees if you're even a minute late with your payment. And they have terms and conditions that can change (frequently to your disadvantage) at any time.
2008-05-25 07:23:10 -
Home Improvements that Actually Save You Money (Carteret County News-Times)
(ARA) - Don't believe that spending money can actually save you money? When it comes to home improvement, investing in cost-effective upgrades can actually save you a bundle in the long-run.
2008-05-25 08:07:32 -
Relief from slots revenue overbilled (The Beaver County Times)
The Taxpayer Relief Act just ain’t what it was cracked up to be — at least not yet.
2008-05-25 08:43:50 -
The Mercury News interview: Greg Rinehart on the appraisal industry - San Jose Mercury News
When a borrower gets a mortgage loan to buy real estate, lenders require an appraisal of the property's value before they'll fund the loan. Typically, if the borrower is working directly with a lender, the lender selects an appraiser to assess the ...
2008-05-25 01:40:00 -
Looking for a competitive mortgage deal? You could go straight to the ... - Guardian Unlimited
Borrowers could now be paying more to take out a mortgage through a broker as increasing numbers of lenders offer better rates to people going direct to their branches. Of the top 20 two-year, fixed-rate mortgages, based on a loan of £150,000, the ...
2008-05-25 05:58:00