Mortgage and Financial News From 2008-3-3 Page 8

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  • Is this a good time to refinance my mortgage?

    Washington Post - As a matter of fact, with rates this low, it may be better to get a 30-year interest-only mortgage, especially if you can borrow the money below 6 percent.
    2008-03-01 04:11:00

  • Mortgage belt tighter, even at Swan's house

    News.com.au - Home buyers and businesses today face their 12th consecutive interest rate rise, and ... Mr Swan's eldest daughter is 23 and his youngest son is only 13 - suggesting he ... squeezed by a higher cost of funds from the fallout to the US sub-prime mortgage ...
    2008-03-03 03:40:00

  • Rates still on the rise (Stuff)

    Mortgage rates are continuing to rise without any prompting from the Reserve Bank.
    2008-03-03 02:26:32

  • Home ownership a dream for Swan's kids (News Interactive)

    REAL estate prices hit home for Treasurer, who says his children won't be able to buy own house.
    2008-03-03 02:37:00

  • Should You Unlock Capital From Your Home? (The Motley Fool)

    Does it make sense to borrow more money against your home?
    2008-03-03 03:47:05

  • My kids feel your pain (Adelaide Now)

    TREASURER Wayne Swan is worried his kids will never be able to afford a house as property prices and interest rates continue spiralling upwards.
    2008-03-03 04:05:29

  • Yuma's real estate prices buck trends (The Yuma Sun)

    The real estate market for most of Arizona, including Yuma County, shouldn't be painted with the broad stroke of what is happening in the Phoenix metropolitan area, cautioned one observer of the local market.
    2008-03-03 04:45:37

  • Should I refinance my balloon loan?

    St. Louis Post-Dispatch - I have completed four years of a 5.25 percent seven-year balloon mortgage loan. For peace of mind, I want to refinance to a 30-year fixed loan. Will rates go lower? Lately, mortgage holders have been asking, "Should I refinance my home now, or wait ...
    2008-03-02 01:01:00

  • Tax cuts to ease interest rate stress - Swan

    News.com.au - ... best relief the government can provide for the pain of increasing interest rates ... Mr Swan said he had paid off his own mortgage, after entering the property market in ... She had extended herself to get a home. She recognised that at least getting into ...
    2008-03-03 03:04:00

  • Make savings accounts count

    News.com.au - Consumer website infochoice.com.au says the best rates for at-call cash at the moment are in the online account ... Adelaide Bank general manager of retail banking John Oliver said for those with a home loan, a mortgage offset account was often a ...
    2008-03-03 01:31:00

  • Mortgage foreclosures soar in Putnam County

    TriVallyCentral - ... home and drive one's vehicle is going through the roof. Food prices have skyrocketed. Budgets are tight and many families simply can't afford that monthly mortgage payment any more," he said. Sant called the situation cyclical: "With interest rates ...
    2008-03-03 08:52:00

  • Losing the house as debt builds

    News.com.au - Rising interest rates and falling property prices in Sydney's mortgage belt have left Mr Hitie about $100,000 out of pocket - so far. ... wife owed $800,000 on two houses - their Hinchinbrook house, which they had used as equity on a home ...
    2008-03-03 01:31:00

  • Look around before switching loans

    News.com.au - CHANGING lenders could soon be as easy as changing your socks. With interest ... Borrowers lose interest in 100pc home loans More pain: Rate rise too low, claims CBA boss Lenders: Rates crisis may force mortgage mergers Long-term:
    2008-03-03 02:00:00

  • Westpac lifts interest rates

    New Zealand Herald - The bank has kept a 30-month special term at 9.3 per cent a year and its capped home loan rate for a one-year term has moved from 10.3 to 10.45 per cent. Westpac followed the ASB and ANZ National banks, which lifted their mortgage interest rates last ...
    2008-03-03 10:32:00

  • Grim repo man calls on 75 homes a week

    News.com.au - Stricken by rising interest rates and unable to meet mortgage payments, the state's struggling residents are watching their ... It will add another $50 to a monthly mortgage repayment on a $300,000 home loan.
    2008-03-03 01:17:00

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