Mortgage and Financial News From 2008-5-29 Page 13
Previous Day: 2008-05-28
Return to the mortgage news archive home.
Page: 01 2 3 4 5 6 7 8 9 10 11 12 13 14 15
16
-
Pound Falls After U.K. House Prices Decline Most in 17 Years (Bloomberg.com)
May 29 (Bloomberg) -- The pound fell to a one-week low against the dollar after an industry report showed U.K. house prices dropped by the most in at least 17 years, adding to the case for a cut in interest rates this year.
2008-05-29 03:34:32 -
Mortgage rates rise and lenders get strict (Bankrate.com)
Every time you fill the gas tank, you get a lesson in why mortgage rates are rising. Mortgage rates went up this week because prices for fuel and food keep moving higher and higher. The fear is that prices for everything else will get kicked upward, too.
2008-05-29 03:41:46 -
House prices suffer biggest monthly fall since crash of early 1990s (Evening Standard)
The housing market was today plunged into its biggest crisis since the crash of the early 1990s. Building society Nationwide said house prices fell 2.5 per cent in May - the largest monthly fall since it started taking figures in January 1991.
2008-05-29 03:42:07 -
This week: May 29 - June 4 (Bankrate.com)
products from Bankrate.com's weekly national survey of large banks and thrifts.
2008-05-29 03:42:46 -
Oil stocks lead midday rise (Reuters via Yahoo! UK & Ireland News)
The FTSE 100 index advanced further in midday trade on Thursday as miners and oil stocks recovered after Wednesday's decline.
2008-05-29 03:57:00 -
Euro Falls On Fisher's Comments And Increased German Unemployment (Daily FX)
• USDJPY – Japanese retail sales increase 0.1% in April on an annualized basis, which was the slowest pace in nine months. Consumer confidence has sunk to a nine year low ass rising inflation is outpacing wage growth. Sales at department stores, supermarkets and convenience stores all declined.
2008-05-29 04:10:21 -
Report says downtown supply might not meet future demand (Baltimore Examiner)
Downtown Baltimore is no longer just a business and tourist destination.
2008-05-29 04:19:15 -
House prices 'to suffer double digit falls' (Daily Telegraph)
House prices will drop by at least 10 per cent both this year and next, following a record fall this month, a leading economist has warned.
2008-05-29 04:21:11 -
Bankrate: Mortgage Rates Rebound (PR Newswire via Yahoo! Finance)
Fixed mortgage rates reversed the decline seen last week, with the average conforming 30-year fixed mortgage rate rising to 6.20 percent. According to Bankrate.com's weekly national survey of large lenders, the average 30-year fixed mortgage has an average of 0.47 discount and origination points.
2008-05-29 04:30:00 -
Bill Warren launches compliance consulting firm (Money Marketing Online)
Industry compliance expert Bill Warren has launched a new consultancy firm. ...
2008-05-29 02:36:23 -
Reversion comes to the fore (Money Marketing Online)
It is perhaps unwise to look back to last year to deliver any thoughts on the current state of the mortgage market but there is one sector that has been fundamentally changed by events which took place a little over a year ago that are not related to the credit crunch.
2008-05-29 02:36:43 -
NAB cuts broker commissions (AAP via Yahoo!7 Finance)
NAB will cut its mortgage broker commissions and introduce a gradually increasing trail fee in the expectation brokers develop longer-term clients.
2008-05-29 02:39:12 -
On and off the stage, comic gets the laughs (The Sarasota Herald-Tribune)
Taylor Mason may be the "Comedian of Clean" and have a cast of puppets to help him tell jokes, but he appeals to all ages.
2008-05-29 02:41:08 -
DATA SNAP: South Africa Apr PPI +12.4% On Yr Vs Mar +11.9% (The Forex Market)
JOHANNESBURG (Dow Jones)--Factory gate inflation in South Africa unexpectedly accelerated in April, adding to the problem of consumer inflation that remains stubbornly in double digits, and further fueling expectations interest rates are set to rise yet again.
2008-05-29 03:02:13 -
Eddie Goldsmith (Money Marketing Online)
Goldsmith Williams is a familiar name in the mortgage broking market. The law firm is one of the biggest providers of conveyancing services to brokers but joint founder and senior partner Eddie Goldsmith says the move into conveyancing came more by accident than design.
2008-05-29 03:21:25