Mortgage and Financial News From 2008-1-22 Page 13

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  • Financial Advisor Answers Your 401K Questions (WWMT 3 Kalamazoo)

    (NEWSCHANNEL 3) - With the news of the Federal Reserve dropping interest rates and the stock market taking a plunge, many people in West Michigan are concerned about their investments.
    2008-01-22 08:59:20

  • Chicago Experts Offer Advice For Investors

    CBS 2 Chicago - If interest rates keep going down, then some homeowners may have an opportunity to refinance their mortgages," Jalilvand said. "If you have credit card loans, if you have home equity lines, if you have auto loans, you are probably going to see a ...
    2008-01-22 03:03:00

  • Calif. lawmaker seeks to ban certain types of risky mortgages

    CBS 2 KCAL 9 - ... number of foreclosure filings nationwide and the fifth highest rate of home foreclosures. The bill by Lieu, chairman of the Assembly Banking and Finance Committee, would ban certain designer mortgage loans and allow some homeowners to refinance ...
    2008-01-22 06:02:00

  • Local experts advise patience with market

    KARE - Still he believes the rate cut will help those trying to refinance mortgages or those who hold home equity lines of credit. Ultimately, he says long-term investors need to think long-term. Still Ament adds, "You need to be prepared for the bumps along ...
    2008-01-22 02:34:00

  • Rate-cut, rebates may not revive restaurant stocks

    Forbes - Energy, food and gasoline prices have soared while falling home prices have made it harder to refinance home loans, many of which are due to reset at higher rates with higher monthly payments. "It's been kind of a vicious cycle. It's going to take a ...
    2008-01-21 03:54:00

  • LendingTree Loans Chief Economist Comments on Today's Surprising Fed ...

    Forbes - LendingTree provides access to mortgages and refinance loans, home equity loans/lines of credit, auto loans, personal loans, credit cards and high-yield savings accounts via www.lendingtree.com and 800-555-TREE. Launched in 1998 with headquarters in ...
    2008-01-22 11:28:00

  • Bush Open to Larger Economic Stimulus Package (Update2)

    Bloomberg - He said lawmakers should let states issue tax-exempt bonds to provide more money for troubled borrowers to refinance home loans. The government also needs to strengthen regulatory oversight of Fannie Mae and Freddie Mac, the government ...
    2008-01-22 08:36:00

  • Frank Says Democrats Will Likely Include FHA Bill in Stimulus

    Bloomberg - The measure would help homeowners refinance mortgages to keep from losing their homes, Frank said. ``You would not ordinarily think of a bill to restructure the operations of the Federal Housing Administration as stimulative, but in this ...
    2008-01-22 01:37:00

  • Cut in federal interest rate on the way - ABC 4

    Cut in federal interest rate on the wayABC 4, Salt Lake City - 3 hours agoKirkham says now's the time to buy and now's the time to refinance if it makes sense. Call your lender, or better yet, he says call a couple different ...
    2008-01-22 04:26:08

  • Local investment advisers, mortgage brokers upbeat about Fed rate cut - Bonitanews (subscription)

    Local investment advisers, mortgage brokers upbeat about Fed rate cutBonitanews (subscription), FL - 1 hour agoBut she said homeowners shouldn’t wait too long to refinance. “We don’t want to get greedy and think that rates are going to keep going down,” she said. ...
    2008-01-22 06:47:48

  • Fed tries to grease the economy's wheels - USA Today

    Fed tries to grease the economy's wheelsUSA Today - 1 hour ago"It's a blessing for people who can't refinance out of their home-equity loans because their home is worth less than they owe," he said. ...
    2008-01-22 07:10:05

  • Florida attorney general sues foreclosure rescue firm - Sun-Sentinel.com

    Florida attorney general sues foreclosure rescue firmSun-Sentinel.com, FL - 56 minutes ago... and refinance the debt while allowing the homeowners to stay in their houses. But in many cases the rescue firm would sell the home to an investor or ...
    2008-01-22 07:18:45

  • Default notices jump by more than 100 percent in both Inland ... - Press-Enterprise

    Default notices jump by more than 100 percent in both Inland ...Press-Enterprise, CA - 10 minutes agoThe number of mortgages ultimately foreclosed on -- because borrowers couldn't refinance or to sell their homes to repay their debt -- also reached all-time ...
    2008-01-22 08:04:33

  • Fed hopes bold cut eases global fears - Arizona Republic

    Fed hopes bold cut eases global fearsArizona Republic, AZ - 7 minutes agoConsumers with good credit will have opportunities to refinance or take out new loans at lower rates. "Fixed-rate mortgages are at their lowest levels since ...
    2008-01-22 08:07:57

  • Web listings, virtual property gain fame - Arizona Republic

    Web listings, virtual property gain fameArizona Republic, AZ - 7 minutes agoMeantime, Jon Jacobs, a former Miami resident who was involved in film, refinanced his actual home to purchase and invest in virtual real estate. ...
    2008-01-22 08:08:02

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