Mortgage and Financial News From 2008-5-19 Page 11
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Md. home prices dip in 4Q - Baltimore Sun
Maryland home sale prices fell at the end of the year, the first dip into negative territory since 1995, according to new government figures. The Office of Federal Housing Enterprise Oversight said yesterday that prices in the state dropped modestly ...
2008-05-19 03:35:00 -
Uganda: To Take Or Not to Take Mortgage? (AllAfrica.com)
The construction industry has become a major driver of economic growth in the last 10 years. Everybody who is anyone is either building or buying property.
2008-05-19 01:07:04 -
UAE's Tabreed signs Dh1b Ijara syndication (MENAFN)
UAE's Tabreed signs Dh1b Ijara syndication
2008-05-19 01:12:40 -
First Investment seeks $300 mln in Islamic finance (Reuters via Yahoo! Malaysia News)
KUWAIT, May 19 - Kuwaiti investment firm First Investment Co plans to borrow up to $300 million in Islamic financing to fund expansion and restructure its balance sheet, a company executive said on Monday.
2008-05-19 03:07:18 -
Manila's Banco de Oro raises $234 mln Tier II debt (Reuters via Yahoo! Malaysia News)
MANILA, May 19 , the Philippines' second-biggest bank by value, said on Monday it had raised 10 billion pesos from an offer of unsecured subordinated debt eligible as lower Tier II capital.
2008-05-19 03:23:58 -
Need a better mortgage? Call Uncle Sam (CNNMoney.com via Yahoo! Finance)
On Capitol Hill this week, lawmakers are set to continue to grapple with the best response to the rising tide of home foreclosures. But the Bush administration says it has a solution in place: A nine-month old mortgage refinancing program run by the Federal Housing Administration.
2008-05-19 03:39:00 -
BDO issues P10B worth of notes (ABS-CBNNEWS.com)
Banco De Oro Unibank Inc. (BDO), the country's second-largest bank by assets, said Monday it has raised P10 billion through the issuance of unsecured subordinated notes, qualifying as tier 2 capital, double what it originally offered investors.
2008-05-19 03:51:17 -
At any rate (Bankrate.com)
Rates remain great … should you act before it's too late? Refinancing great if ... During the height of the real estate boom, it was not only possible to buy a home with little cash and less-than-ideal credit, but with soaring real estate prices, it was easy to refinance as well.
2008-05-19 03:56:25 -
China Stocks Drop for Third Day; Merchants Bank, Vanke Fall - Bloomberg
May 19 (Bloomberg) -- China's stocks fell for a third day on concern record oil prices will fuel inflation and prompt the central bank to raise interest rates. China Merchants Bank Co. declined on speculation demand for loans will sink, and China ...
2008-05-18 11:17:00 -
Credit crunch hits middle classes - Retail Bulletin
As the cost of credit rises, and fixed rate mortgage deals end, middle class people who took out loans when money was cheap are turning to advice agencies who used to see mainly benefit claimants and social housing tenants. Transact member Community ...
2008-05-19 02:09:00 -
Mortgage brokers now giving more advice - MyFinances.co.uk
Three-quarters of mortgage brokers feel their role is becoming more advisory as the credit crunch squeezes the market. A poll by Alliance & Leicester reveals 47 per cent of brokers believe the low confidence in property and the economy is leading ...
2008-05-18 03:46:00 -
Homework found us the best mortgage - This is Money
Borrowers who use independent mortgage brokers could be missing out on the best rates because lenders are increasingly bypassing intermediaries and offering their best deals through their branches or over the internet. Hard work: Tracking down the ...
2008-05-19 02:02:00 -
Will Bank of England's rescue plan work? (BBC News)
One month ago The Bank of England announced a big rescue plan for the financial sector, injecting £50bn. Has it worked?
2008-05-19 01:30:58 -
Tax initiative deadline looms (Reno Gazette-Journal)
Tuesday is the deadline for the submission of signatures to the Nevada's Secretary of State for five initiative petitions.
2008-05-19 01:52:45 -
Watch List (The Cincinnati Enquirer)
Local and national events this week:
2008-05-19 02:28:48