Category Archives: Mortgage News
3 Bedroom Apartment .Price – 895.00
Ithaca, New York, 3 Bedroom Apartment On Bus lines one bath, car port, […] Sorrento Hotels A Peek Into The Real Italy Discover a warm haven at Sorrento Hotels and you will get to know the “real” Italy. Marketing Like … Continue reading
Some FOMC Members Saw Risk of "Prolonged and Severe" Downturn, Minutes Show
Minutes from the Federal Open Market Committee’s March 18 meeting revealed several members saw a risk of a “prolonged and severe” downturn and that there had been “little indication” of stabilization in the U.S. housing market. Officials had concerns that … Continue reading
Housing Starts Brisk in March
OTTAWA, Ontario, April 08, 2008 — The seasonally adjusted annual rate1 of housing starts was 254,700 units in March, slightly down from 255,600 units in February, according to Canada Mortgage and Housing Corporation (CMHC).
Real Estate In Bend Oregon
Bend Oregon real estate, real estate and homes in Bend, Sunriver, Sisters, Redmond, La Pine, Broken Top, Tumalo, Pronghorn, and Deschutes County. Oregon Fore Sale By Owner Oregon For Sale By Owner. Find Oregon homes, Property, Commercial Business, Land and … Continue reading
WaMu Job Cuts and Closings
On Monday it was rumored that a struggling Washington Mutual (WaMu) would be getting a cash infusion of $5 billion from a private equity firm to help it weather the subprime mortgage storm. On Tuesday that amount had morphed to … Continue reading
Pending Home Sales Fail to Indicate Housing Bottom
U.S. pending home sales surprised to the downside on Tuesday morning, declining 1.9% month-over-month despite calls for a 1.0% pullback in February. January’s figure was revised to a gain of 0.3%. Leading the declines were pending home sales in the … Continue reading
Total Losses from Mortgage Meltdown Could Reach $945 Billion
According to a report released by the International Monetary Fund (IMF) on Tuesday morning, total losses from the subprime meltdown could reach up to $945 billion on the back of fears of a deeper, more protracted crisis. “The risks to … Continue reading
Consumer Credit Rises Short of Forecasts in February
Surprising to the downside, seasonally adjusted U.S. consumer debt rose $5.2 billion in February, according to data released Monday from the U.S. Federal Reserve, which also showed total consumer credit rose to $2,539.7 trillion. Read More Now
Fed Minutes to be Scrutinized Tomorrow
When released Tuesday, the minutes from the FOMC’s March 18 meeting are likely to be scrutinized for indications of the Fed’s economic outlook at the time of its last 75 basis point cut, as well the degree of divergence amongst … Continue reading
Boston Fed's Rosengren Surprised Housing Market Hasn't Bounced
Speaking in an interview with Bloomberg, Boston Fed President Eric Rosengren expressed surprise that the U.S. housing market had not begun to show signs of recovery as of yet. Read More Now