Mortgage and Financial News From 2007-8-29 Page 10
Previous Day: 2007-08-28
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Mortgage applications fall 4.2%; fewer seek ARMs (Providence Business News)
WASHINGTON – Mortgage applications nationwide fell last week to their lowest level in a month as the rate on adjustable-rate mortgages soared, the Mortgage Bankers Association said in a report today.
2007-08-29 05:15:37 -
Recipient E-mail
DailyTech - I simply cannot understand why we continue to directly compare sales of these two ... And i don't have kids, a wife or a house mortgage payments. So stupid, maybe.. but ... in Ontario which doesn't help me out much either.. terribly high insurance rates
2007-08-28 11:48:00 -
Letters: A dogfight to the death is not entertainment
Orange County Register - Parker tries to compare "decent entertainment" (football) with the cruelty of ... stagnant, housing prices are dropping with a large number of foreclosures, mortgage ... Low interest rates have fueled the explosion in debt, and these rates are not the ...
2007-08-29 10:11:00 -
Median price, sales of homes decline (Florida Today)
Sales and median prices of existing single-family homes decline in July.
2007-08-28 05:11:12 -
The Washington Savings Bank, F.S.B. Reports Fourth Quarter and Twelve Month Results and Dividend (PR Newswire via Yahoo! Finance)
THE WASHINGTON SAVINGS BANK, F.S.B. , a federally chartered, FDIC insured savings bank, with principal executive offices in Bowie, Maryland, today announced results for both its fourth quarter and the twelve month period ending July 31, 2007.
2007-08-28 07:36:00 -
Sponsored Listing (Growth Company Investor)
Drug discovery specialist Proximagen Neuroscience is considering joint ventures and adding to its core Parkinson’s Disease capability.
2007-08-29 03:15:45 -
Are Retail Stocks a Bargain or a Bust? (Morningstar.com via Yahoo! Finance)
We offer up our views and where our analysts would invest during the shakeout.
2007-08-29 11:00:00 -
Scotiabank reports strong third quarter performance
PR Newswire - These factors include, but are not limited to, the economic and financial conditions in Canada and globally; fluctuations in interest rates and currency values; liquidity; the effect of changes in monetary policy; legislative and ...
2007-08-28 12:54:00 -
Q&A: Nationwide and Portman building society merger
Guardian Unlimited - The societies say that because they do not have to pay dividends to external shareholders they are often able to offer better rates of interest than their corporate competitors. What does being a member actually mean? Most people who hold an account ...
2007-08-28 12:54:00 -
Colombia's newfound security makes banks attractive prey
International Herald Tribune - But with the shares trading on a price/earnings multiple of only 12 - and with the Colombian stock market laboring under the pressure of rising interest rates and slowing growth - now is not the time to sell. Karina Robinson is senior editor of The ...
2007-08-27 12:55:00 -
The Big Question: Are Australian voters finally about to turn away ...
The Independent - This month the Reserve Bank raised interest rates to 6.5 per cent, their highest level in a decade. It was the fifth successive rise since the 2004 election, which Mr Howard won after promising to keep rates low. Household debt is now at record ...
2007-08-28 11:27:00 -
BMO Financial Group Reports Third Quarter Net Income Of $660 Million
PR Newswire - Relatively low interest rates and high resource prices should continue to support consumer and business spending, while the strong Canadian dollar and softer U.S. economy will likely weigh on exports. Housing market activity is expected to remain ...
2007-08-28 11:34:00 -
New Englanders continue to be less obese than other Americans
Boston Globe - ... Vermont, Connecticut and Rhode Island rank among the bottom six states in terms of adult obesity, each with rates under 21 ... In New England, there seems to be greater interest in quality over quantity. The region also benefits from a relatively low ...
2007-08-27 12:55:00 -
Oman’s economic growth hailed
Times of Oman - The reserves are also used to maintain the peg of the Omani riyal to the US dollar at its fixed rate, interest rates among bank were generally less than CD rates. Muscat Securities Market (MSM) had achieved good revenues during 2006 where the ...
2007-08-29 01:46:00 -
One in four 'fails to save money'
BBC News - BBC economics editor Evan Davis said the figures were "not surprising" given the low interest rates of recent years and earlier ONS figures showing savings were at their lowest level since the 1950s. In recent years central banks had used low ...
2007-08-28 07:31:00
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