Mortgage and Financial News From 2008-6-5 Page 2
Previous Day: 2008-06-04
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Why is my mortgage lender charging me a letting fee? - Guardian Unlimited
Q I'm considering taking a year's sabbatical from my job, renting out my flat and going travelling. I would use an agency to manage the let, and the rental income should be at least £800-£900 net - a conservative estimate. I have an interest-only ...
2008-06-04 02:04:00 -
An old story of real estate and loan lies - International Herald Tribune
NEW YORK : This is a tale of sex, lies and foreclosures. In the spreading mortgage crisis, there are many homeowners who were tricked into taking out loans they could not afford, or who failed to understand the risks they were taking. This column is ...
2008-06-05 07:14:00 -
Over the fence - Marketwatch
WASHINGTON (MarketWatch) -- Question: Last year, with a permit, I built a 700-square-foot game room on top of my garage. It was not supposed to have a shower or kitchen, just a toilet and sink. After the final inspection, I put in a shower and stove ...
2008-06-05 03:46:00 -
How Blair built his property portfolio on mortgage expenses payments - Daily Mail
Twenty-five years have passed since they took out a mortgage on the handsome, double-fronted property, named after a variety of soft fruit which grows in the garden. Back then, Mr Blair, a London-based barrister, had just been elected MP for ...
2008-06-05 06:09:00 -
What's Happening (Arizona Range News)
A Sheriff's Forum will be held Sunday, June 8, at 2 p.m. at the Elfrida Community Center (191 to Elfrida, green building south of the Chiricahua Health Clinic) during the CCIPRA meeting (Cochise County Individual and Property Rights Association PAC).
2008-06-05 03:55:48 -
Shadow Supply Of Real Estate May Push Back Housing Revival (Investor's Business Daily via Yahoo! Finance)
Housing looks apt to get darker before a dawn, shadowed by unseen inventory.
2008-06-05 04:00:35 -
Market forces: Home Retail bucks grim high street trend (Guardian Unlimited)
Nick Fletcher: Home Retail Group, the Homebase and Argos owner, was the leading riser in the FTSE 100 yesterday
2008-06-05 04:41:42 -
Morrisons lags in aisles in spite of robust sales (Daily Telegraph)
In the battle of the grocery giants, William Morrison lost ground with investors yesterday, finding itself among the biggest blue-chip losers despite posting robust sales figures for the first quarter.
2008-06-05 04:58:18 -
How Blair built his property portfolio on mortgage expenses payments (Daily Mail)
By any measure, Myrobella House has been a plum investment for Tony and Cherie Blair.
2008-06-05 07:20:28 -
11 face justice today in mortgage fraud (San Antonio Express-News & KENS 5)
On a one-block street in Northwest San Antonio, five properties all fell into foreclosure in 2003. When federal investigators began poking around, they tied the properties on Meadow Field near Grissom Road to an Austin-based house-flipping ring.
2008-06-05 07:42:48 -
Financial planning arms sold for $150m - News.com.au
DEBT-LADEN financial services group Challenger offloaded its underperforming financial planning arm and hinted that it might return capital to investors. The group's financial planning business, comprising Genesys Wealth Advisers and Synergy Capital ...
2008-06-04 07:08:00 -
Banks super-sizing mortgage offers - News.com.au
Borrowers can save up to $1500 a year by bundling their mortgage Banks will offer discounts of 0.4pc to 0.7pc on home loan rates You need to look at how long any fee waivers apply on accounts BANKS are up-selling their mortgages, with more than half ...
2008-06-04 03:47:00 -
Mortgage rates jump to 3-month high - MSNBC
WASHINGTON - Rates on 30-year mortgages edged up this week to the highest level since March as investors worried about inflation threats. The mortgage company Freddie Mac reported Thursday that 30-year fixed-rate mortgages averaged 6.09 percent ...
2008-06-05 02:13:00 -
2 plead guilty in NY mortgage frauds (Boston Globe)
One company billed itself as a white knight that could rescue desperate homeowners from foreclosure. The other passed itself off as an honest brokerage that helped wealthy New Yorkers get mortgages to buy $1 million apartments.
2008-06-05 05:08:32 -
Value of Windsor building permits down more than 50% (Windsor Star)
Construction companies and suppliers are struggling to stay afloat as work dries up in Windsor. The value of building permits issued by the city through the first five months of this year is down more than 50 per cent compared a year ago.
2008-06-05 05:35:13