Archive for April, 2009

(AFX UK Focus) 2009-04-29 16:28 UPDATE 1-U.S. mortgage applications drop to mid-March low (Interactive Investor)

Thursday, April 30th, 2009

(AFX UK Focus) 2009-04-29 16:28 UPDATE 1-U.S. mortgage applications drop to mid-March low (Interactive Investor)
By Lynn Adler

Mortgage lending slides in March, says BBA (Guardian Unlimited)
• Number of mortgages approved for purchases fell 7% in March • Figure is 25% lower than the same month last year The number of mortgages approved for house purchases by banks fell by 7% in March, figures showed today, suggesting talk of a recovery in the housing market may be premature. The British Bankers’ Association (BBA) said its members had approved 26,097 loans for house purchases over …

How To Spot Mortgage Interest Rates That Are Not WYSIWYG

Thursday, April 30th, 2009

How To Spot Mortgage Interest Rates That Are Not WYSIWYG
Interest Rates. Base Rates. Mortgages. Apart from the so-called “credit crunch”, mortgage interest rates have dominated all aspects of our lives over the last year to 18 months; so much so that we automatically assume a lower interest rate on a mortgage to be better for our circumstances than a higher interest rate. But that’s not necessarily the case. Home Equity line of Credit | Loans For example, in recent months we have seen bold headline interest rates in newspapers, financial magazin

Finovate Startup 2009 Preview
iBearSoft.com Perhaps the only personal-finance application that will remind you of Disneyland. Finovate , a conference that takes a look at the latest financial start-ups, kicks off in San Francisco. As we’ve said before, it’s a haven for personal-finance nerds . Here’s a quick look at some of those presenting today that caught our eye. (For live coverage throughout the day, check out NetBanker .) AlphaClone shows investors where top money managers are putting their clie

Words from the (investment) wise for the week that was (April 20 – 26, 2009)
“Words from the Wise” this week comes to you in a shortened format as my traveling in the US precludes me from doing my customary commentary. However, a full dose of excerpts from interesting news items and quotes from market commentators is provided. On Friday, Federal Reserve regulators have released a white paper outlining the criteria they used to assess the financial health of the nation’s 19 biggest banks. On the same day they also briefed the banks about how their companies had fared

How To Spot Mortgage Interest Rates That Are Not WYSIWYG

Wednesday, April 29th, 2009

How To Spot Mortgage Interest Rates That Are Not WYSIWYG
Interest Rates. Base Rates. Mortgages. Apart from the so-called “credit crunch”, mortgage interest rates have dominated all aspects of our lives over the last year to 18 months; so much so that we automatically assume a lower interest rate on a mortgage to be better for our circumstances than a higher interest rate. But that’s not necessarily the case. Home Equity line of Credit | Loans For example, in recent months we have seen bold headline interest rates in newspapers, financial magazin

(AFX UK Focus) 2009-04-28 22:55 UPDATE 2-E*Trade pressured to raise capital; reports loss (Interactive Investor)
By Jonathan Spicer

(AFX UK Focus) 2009-04-29 13:15 FACTBOX-Economy dominates Obama’s first 100 days (Interactive Investor)
By Caren Bohan