Mortgage and Financial News From 2008-1-13 Page 59

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  • Beware of the January sales

    Times Online - As part of its promotion, which runs until January 31, customers can take out a two-year discount mortgage with an interest rate 1 ... HSBC borrowers would pay £107,788 on a £1m interest-only loan over two years, including the fee and assuming that ...
    2008-01-12 02:53:00

  • Not year for new initiatives

    Seattle Times - ... elections are looming and the legislative session, which starts Monday, only ... Even interest groups seeking more money from the Democrats are using the election to ... If Democrats can't do anything about health care or the mortgage crisis or ...
    2008-01-12 11:57:00

  • How to survive the squeeze

    News.com.au - On January 4, NAB led with an increase of 0.12 per cent - adding $17 a month to interest costs on a $200,000 mortgage. ANZ followed and was ... no deposit, no interest, nothing to pay for say 4 years then those people who get interested i can only say ...
    2008-01-12 09:34:00

  • Deducting medical care expenses

    Baltimore Sun - ... mortgages on the home with the balance paid to the homeowner. This arrangement usually calls for one year of interest-only payments and then converts to a monthly fixed payment. In this arrangement, the interest is deductible home mortgage interest. ...
    2008-01-13 12:12:00

  • Can the Dems cash in?

    Los Angeles Times - The sub-prime mortgage crisis and worsening credit card debt are only intensifying a longer-term trend of economic distress for most Americans. ... balancing was taken to an extreme, hailed as a public virtue and credited for reducing interest rates ...
    2008-01-12 11:50:00

  • Social-lending trend comes with a few risks

    Miami Herald - I n the wake of the subprime mortgage meltdown, traditional financial institutions ... People who register as a lender set the minimum interest rate they are willing to ... Virgin's business model differs from Prosper in that it helps manage loans only ...
    2008-01-12 11:57:00

  • Were you money savvy in 2007?

    Seattle Times - Best move: Paid down your mortgage. "Smart people were paying down their mortgage debt," Tyson says. Exotic ... Not only can it save you thousands in interest, but no matter what the home market does, you'll have equity to tap if you need it.
    2008-01-13 12:05:00

  • Romney pulls out all the stops to woo wavering voters - DetNews.com

    Romney pulls out all the stops to woo wavering votersDetNews.com, MI - 2 hours agoIn Livonia, he told an anti-tax group that he'd make President Bush's tax cuts permanent and stop taxing all savings interest, capital gains and dividends ...
    2008-01-12 10:15:22

  • 'Loonie' for the US - Daytona Beach News-Journal

    'Loonie' for the USDaytona Beach News-Journal, FL - 1 hour agoThe mortgage meltdown, combined with a surging Canadian currency, has Farley -- and many of his countrymen -- dreaming of winter golf on grass that's always ...
    2008-01-12 10:46:05

  • Edwards escapes mad-Hatters party - ic Wales

    Edwards escapes mad-Hatters partyic Wales, United Kingdom - 1 hour agoWatford and Nottingham Forest had already expressed serious interest in taking the midfielder away from Kenilworth Road before Wolves snapped him up for ...
    2008-01-12 10:56:45

  • Franklin tries to live his lyrics - Akron Beacon Journal

    Franklin tries to live his lyricsAkron Beacon Journal, OH - 1 hour agoFranklin says the album was inspired by not only his personal conflicts, but by what he sees as a general malaise affecting the entire country, ...
    2008-01-12 11:07:44

  • Can the Dems cash in? - Los Angeles Times

    Can the Dems cash in?Los Angeles Times, CA - 37 minutes agoBy Robert Kuttner The sub-prime mortgage crisis and worsening credit card debt are only intensifying a longer-term trend of economic distress for most ...
    2008-01-13 12:00:28

  • Be wary of second home's tax implications - HeraldNet

    Be wary of second home's tax implicationsHeraldNet, WA - 33 minutes agoUnder the mortgage interest guidelines, taxpayers are limited to the original acquisition debt, plus $100000. "For owners who have lived in their home a ...
    2008-01-13 12:04:13

  • Dollar's decline, real estate slump help foreigners snap up US homes - HeraldNet

    Dollar's decline, real estate slump help foreigners snap up US homesHeraldNet, WA - 33 minutes agoBut even foreign buyers without that sort of currency advantage are benefiting from sharp drops in housing prices at a time when problems in mortgage ...
    2008-01-13 12:04:14

  • Recession could be a state of mind - Ventura County Star

    Recession could be a state of mindVentura County Star, CA - 33 minutes agoAlso, Bank of America's just-announced plans to buy Countrywide raise concern that even more job cuts could occur at the struggling mortgage lender. ...
    2008-01-13 12:04:46

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