Mortgage and Financial News From 2007-10-1 Page 18

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  • Subprime Slimes UBS

    Forbes - Home Business Tech Markets Entrepreneurs Leadership Personal Finance ForbesLife Lists ... LONDON - America's subprime mortgage crisis has claimed a new high-profile victim: ... Following a writedown of positions in fixed-income, rates and currencies, mainly ...
    2007-10-01 07:47:00

  • Stocks Soar on New Hopes for Rate Cut

    Forbes - Home Business Tech Markets Entrepreneurs Leadership Personal Finance ForbesLife Lists ... on manufacturing raised hopes that the Federal Reserve will lower interest rates ... the third quarter due to writedowns related to deterioration in the subprime mortgage ...
    2007-10-01 08:44:00

  • Home equity loan or refinance? (Bankrate.com)

    Dear Dr. Don, The appraised value on my home after renovations is more than my current mortgage. What are my options as far as the equity and/or refinancing?
    2007-10-01 04:58:20

  • Rates hit home-loan growth (News 24 South Africa)

    Mortgage lending growth has slowed to 26.4% in August, on the back of rising interest rates and slowing economic growth.
    2007-10-01 04:32:09

  • Nationwide joins rush to raise rates

    This is Money - Key mortgage rates will go up from Tuesday, the biggest building society said yesterday. The move by the Nationwide will see the ... Last week, Nationwide reported that the growth in house prices has fallen to 9%, which is the lowest level for nearly a ...
    2007-10-01 02:39:00

  • UBS Has Loss, to Cut Jobs, After Subprime Writedowns (Update4)

    Bloomberg - ... losses of as much as $4 billion on fixed-income assets, resulting in the lowest ... and Lehman Brothers Holdings Inc. said their earnings were hurt by the mortgage market. UBS will report ``substantial losses'' in the fixed-income, rates and ...
    2007-10-01 06:07:00

  • The cash squeeze tightens

    Belfast Telegraph - ... the Government implements an increase of 2p a litre on fuel duty which, when added to rising food prices and mortgage rates ... People on the lowest incomes have been seriously squeezed in recent years, while people at the top of the earnings ...
    2007-10-01 05:02:00

  • European govt bonds lower as flows favour equities

    CNBC - ... which announced a profit warning as it wrote down positions in fixed income, rates ... sector purchasing managers' index was left unrevised at 53.2, its lowest since ... The Bank of England revealed that net mortgage lending increased just 8.5 bln stg in ...
    2007-10-01 03:58:00

  • Yen Declines After Asian Stocks Advance, Spurring Carry Trades

    Bloomberg - ... increased at an ``impressive'' rate, helped by a reduction in U.S. interest rates ... The yen dropped to 164.42 per euro as of 7:31 a.m. in New York, near the lowest ... bank, froze three investment funds, reigniting concern the U.S. subprime mortgage ...
    2007-10-01 05:10:00

  • U.K. Housing Risk Is `Substantial,' Morgan Stanley's Miles Says

    Bloomberg - ... is showing signs of cooling after five increases in interest rates, a surge in credit costs caused by the U.S. subprime market collapse, and a subsequent run on mortgage lender ... U.K. consumer confidence fell to the lowest in six months in September ...
    2007-10-01 07:26:00

  • Mortgage approvals slumped in August

    This is Money - Confidnce in London's economic prospects crashed in the wake of the Northern Rock crisis to its lowest level since the ... Mortgage rates soar as credit crunch bites Fear of property slump as mortgages fall Don't bank on cheaper mortgages Abbey under ...
    2007-10-01 06:14:00

  • Mortgage approvals drop to lowest level for five months

    This is London - Mortgage approvals drop to lowest level for five months 01.10.07 Add your view ... Mortgage rates are rising further as a consequence of the liquidity crunch pushing up money market interest rates ...
    2007-10-01 07:26:00

  • House Prices Continue To Stagnate

    Ananova - ... adds to growing evidence that the housing market is slowing down in response to higher interest rates and affordability constraints. Meanwhile, figures from the Bank of England have shown that mortgage approvals in August fell to their lowest level ...
    2007-10-01 06:00:00

  • European Bond Spread Widens to Most in 6 Weeks on Rate Outlook

    Bloomberg - ... Central Bank from raising interest rates. UBS AG, Europe's biggest bank, said today it plans to cut 1,500 jobs after posting a third-quarter loss and writing down the value of its mortgage ... A gauge of new orders dropped to the lowest ...
    2007-10-01 04:27:00

  • Swiss Franc Falls to Two-Month Low Against Euro on Rate Outlook

    Bloomberg - Oct. 1 (Bloomberg) -- The Swiss franc fell to the lowest against the euro in more ... September, adding to the case for the Swiss National Bank to leave interest rates ... quarter loss and plans to cut 1,500 jobs after writing down the value of its mortgage ...
    2007-10-01 06:57:00

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