Mortgage and Financial News From 2008-7-21 Page 7
Previous Day: 2008-07-20
Return to the mortgage news archive home.
Page: 01 2 3 4 5 6 7 8 9 10 11 12 13 14
-
Local franchisee to build two airport hotels (Las Vegas Business Press)
Western Hotel Partners is building two Hampton Inn & Suites hotels near McCarran International Airport. The $50 million projects will add a combined 274 guest rooms. Hampton Inn is a Hilton hotel brand, which has a 90 percent average occupancy rate throughout the Las Vegas Valley.
2008-07-21 02:15:09 -
Coca-Cola Enterprises debt may underperform (The Economic Times)
Coca-Cola Enterprises Inc's shares have priced in more weakness than its credit default swaps over the past year and as the soda bottling company grapples with high commodity costs and slowing consumer demand.
2008-07-21 03:37:38 -
Treasuries Gain as American Express Results Boost Debt Appeal - Bloomberg
July 21 (Bloomberg) -- Treasuries rose as disappointing earnings from American Express Co. prompted investors to shift from stocks to government bonds on concern that a slumping economy will cause credit-market losses to widen. Yields fell for the ...
2008-07-21 02:23:00 -
Monday's news and tips (Investors Chronicle)
• Mortgage lender HBOS has received the backing of just 8.29% of shareholders for its £4bn rights issue, leaving underwriters with almost 1.4bn shares to sell.
2008-07-21 01:24:00 -
Debt capitalism self-destructs (Asia Times)
In a period of less than a year, what had been described by US authorities as a temporary financial problem related to the bursting the housing bubble has turned into a fully fledged crisis at the very core of free-market capitalism.
2008-07-21 03:41:25 -
House prices plunge £18,000 in just two months... but mortgage hikes may have peaked (Evening Standard)
The average asking price for a home has dropped by up to £18,000 since May, research reveals today. Owners seem to have finally accepted they will get far less than if they had sold during last summer's peak.
2008-07-21 04:19:39 -
SunTrust is battling shareholders' fears (Atlanta Journal-Constitution)
SunTrust Banks' shares, like other bank stocks, have been hammered recently amid Wall Street's near-panic over the health of the U.S. financial system. The odd thing is, despite all the dismal news, SunTrust still appears to be in relatively good shape compared to other hard-hit businesses also making headlines, such as the airline and auto industries. Unlike Atlanta-based Delta Air Lines, which ...
2008-07-21 07:21:02 -
What It Takes to Get a Mortgage Now (Kiplinger.com)
To qualify, you'll need top-notch credit and solid financial resources.
2008-07-21 08:54:43 -
House prices plunge £18,000 in just two months... but mortgage hikes may have peaked (Daily Mail)
The average asking price for a home has dropped by up to £18,000 since May, research reveals today.
2008-07-21 11:36:17 -
America's Increasingly Unaffordable Cities (Forbes)
Residents in these top 10 spots for inflation are feeling the squeeze.
2008-07-21 02:44:07 -
THURSDAY Data on home sales due this week - Santa Rosa Press Democrat
This week, with quarterly losses expected from Wachovia Corp. and Washington Mutual Inc. because of defaulting mortgages, the market also will get data on existing home sales and new home sales. The National Association of Realtors is expected ...
2008-07-21 12:21:00 -
Fuel prices hit homeowners, with record Brisbane defaults - News.com.au
MORE Queenslanders than ever before are defaulting on their mortgages and losing their homes to the banks, caused by high interest rates and petrol pain. State court records show the number of property repossessions has escalated in the past few ...
2008-07-21 07:49:00 -
Commercial mortgage delinquencies up - CNN Money
NEW YORK (AP) -- Delinquencies among commercial mortgages rose slightly in June due to increases in delinquencies among office and retail sectors, credit ratings agency Fitch Ratings said Monday. Fitch said June delinquencies rose to 0.41% among ...
2008-07-21 09:08:00 -
Is the end of the rate squeeze near? - Times Online
Lenders last week cut mortgage rates, but brokers said it was too early to call the end of the credit crunch. Nationwide, Britain’s second-largest mortgage provider, dropped rates on all its mainstream fixed-rate mortgages and some of its tracker ...
2008-07-19 05:53:00 -
Woolwich cuts cost of fixed-rate mortgages (The Herald)
One of the UK's biggest lenders announced yesterday it was cutting its mortgage rates for the second time in two weeks, following a fall in funding costs.
2008-07-21 12:24:13