Archive for November 11th, 2005

Home loans - ‘Reality Time’ for Home Loans

‘Reality Time’ for Home Loans
Harrison Daily Times - By Jeff Collins, The Orange County Register, Calif. Nov. 11–Sixteen months ago, the typical Orange County home cost $84,000 less than it does today. The typical monthly mortgage payment was $260 less than now.

Home loans expected to show rise
West Australia Sunday Times - NEW figures to be released today are expected to show a rise in the value of home loans. The Australian Bureau of Statistics will release lending finance figures for September today.

Futures trading will roll dice on San Diego’s housing boom
SignOn San Diego - Starting next year, investors will be able to bet on whether housing prices in San Diego and nine other cities will continue to rise or plunge off a cliff. builders, banks and large mortgage institutions that own bundles of home loans. ‘ It’s a good idea not for you and me

Futures market looms in April
SignOn San Diego - builders, banks and large mortgage institutions that own bundles of home loans. ‘ It’s a good idea not for you and me

Rate hike of 1% is looming, economics bureau says
NetAssets - fuel prices would push the key CPIX (consumer inflation less home loans) indicator to above 5,5% at the start of next

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Buying a house - Row grows over fugitive ex-president 

Row grows over fugitive ex-president 
Brisbane Courier Mail - Nov 10 2:24 PM
PERU has withdrawn its ambassador in Tokyo because of Japan’s attitude toward Peru’s fugitive ex-president Alberto Fujimori, who lived in Japan for five years before his arrest in Chile on Monday.Save to My Web

Returning veterans face new challenges 
Tacoma News Tribune - Nov 11 3:23 AM
Fresh from a year in Iraq, Staff Sgt. Daniel Garcia and his fellow soldiers went to Boze Elementary School in Tacoma on Thursday to meet students who were their pen pals.Save to My Web

Fannie Mae Gets CFO, Confirms Restatement 
AP via Yahoo! Finance - Nov 10 6:36 AM
Mortgage giant Fannie Mae said Thursday that it has hired the chief financial officer of MCI Inc. to help it “rebuild and renew” following an accounting scandal and confirmed it will have to restate earnings by some $11 billion.Save to My Web

Bank of England holds key rate steady 
BusinessWeek - Nov 10 4:58 AM
NOV. 10 7:12 A.M. ET The Bank of England held official interest rates steady at 4.5 percent Thursday for the third consecutive month.Save to My Web

With Mortgage Fraud, It’s Catch ‘Em If You Can 
Officer.com - Nov 11 5:44 PM
Nov. 10–Police Officer Jim Fennessey holds his pistol by his right knee as he slides through the yawning rear door of a darkened South Side house. “Po-lice! Po-lice!” Fennessey hollers, breaking the word so that it echoes like a siren through the empty halls.Save to My Web

IR is good for economy: PM 
Herald Sun - Nov 10 10:39 PM
PRIME Minister John Howard has told workers not to worry whether his industrial relations proposals will be good or bad for them, but what they mean for the economy.Save to My Web

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