Current interest rates for mortgages

Current interest rates for mortgages

Aug. 27 (Bloomberg) -- The crisis of confidence that sent Fannie Mae and Freddie Mac debt costs to record highs above U.S. Treasuries is also providing the mortgage-finance companies with the biggest profits on new investments since at least 1998 ...

Fannie, Freddie Post Biggest Profits on Mortgages Since 1998 - Bloomberg

Aug. 27 (Bloomberg) -- The crisis of confidence that sent Fannie Mae and Freddie Mac debt costs to record highs above U.S. Treasuries is also providing the mortgage-finance companies with the biggest profits on new investments since at least 1998 ...

Fannie, Freddie Mortgage Profit Rises With Debt Costs (Update2) - Bloomberg

Three months ago, Eric Gray saw an opportunity to scoop up a vacant retail property in New York City's borough of Brooklyn. But he had a problem, one that has been plaguing many real-estate investors and owners: The nation's banks, burned by years of ...

Hedge funds help fill gap for lending property - AZCentral.com

His colleagues in the housebuilding industry won't thank him for his honesty, but Taylor Wimpey's chief executive, Pete Redfern, hit the nail on the head yesterday in admitting there is little the Government can do to fix the housing market. While ...

David Prosser's Outlook: The real victims of the housing market crisis ... - The Independent

Cupertino accountant Richard Smith wants to buy a few bank-repossessed houses in Antioch and Brentwood priced at about $200,000 and rent them out. He can make down payments of about 30 percent, and can afford the mortgage payments. But he can't find ...

Lenders remain wary of real estate investors - Inside Bay Area

LONDON : Approvals for new home loans fell 65 percent on a year ago in July to hold near a record low and the British Bankers' Association said on Tuesday it was not expecting a housing market recovery soon. The survey added to evidence pointing to a ...

New home loans near record low - International Herald Tribune

On the record Time coffee featuring Obama campaign manager David Plouffe: Plouffe argued for paying less attention to the ups and downs of the polls because a) Obama would beat McCain on turnout and b) swing voters would probably break one way or ...

Plouffe Whistles Plus: Obama's failed fight-back - Slate

T  he risk of a downward spiral of house prices is the primary danger facing the American economy. Because of the structure of securitised mortgage finance, this risk has the potential to cause a global financial crisis. Both of these problems will ...

How to shore up America’s crumbling housing market - Financial Times

Almost the entire region of Western Europe, Scandinavia and the Baltics is on the cusp of fully fledged recession, raising fresh fears about the health of Europe's banking system. Germany's IFO confidence index of future business crashed in July to ...

Denmark's turn for a Northern Rock headache - Daily Telegraph

The economy is facing a period at "least as challenging" as the 1970s, when Britain sank into a deep recession, the deputy governor of the Bank of England, Charles Bean, warned yesterday. He also held out little prospect of any rapid improvement ...