Mortgage and Financial News From 2007-12-19 Page 13

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  • North American markets endure volatile ride on financial stocks

    Edmonton Sun - RATES ... Shares of NovaGold Resources rose 22 per cent, or $1.36 to $7.51, a day after hitting their lowest closing price in a year ...
    2007-12-19 01:06:00

  • Money Market Rates Fall for Second Day on ECB Action (Update5)

    Bloomberg - Dec. 19 (Bloomberg) -- Short-term borrowing rates fell in Europe, the U.S. and U.K ... offered rate, or Euribor, dropped 7 basis points to 4.81 percent, the lowest since ... Borrowing costs have soared following the collapse of the U.S. subprime-mortgage ...
    2007-12-19 08:55:00

  • Mortgage applications fell last week: MBA (KPLC Lake Charles)

    NEW YORK (Reuters) - Applications for home mortgages tumbled last week as short-term interest rates soared and refinancing requests fell back to November levels, an industry group said on...
    2007-12-19 10:09:09

  • Money Market Rates Fall for Second Day on ECB Action (Update2) (Bloomberg.com)

    Dec. 19 (Bloomberg) -- Money market rates fell for a second day, adding to evidence that central banks are making headway in their attempts to counter turmoil in money markets.
    2007-12-19 04:44:01

  • US mortgage applications fall (Stuff)

    Applications for US home mortgages tumbled last week as short-term interest rates soared and refinancing requests fell back to November levels, an industry group has said.
    2007-12-19 11:48:06

  • Trichet Signals No Room to Cut Rates; German Confidence Drops (Bloomberg.com)

    Dec. 19 (Bloomberg) -- European Central Bank President Jean- Claude Trichet signaled faster inflation will prevent a cut in borrowing costs as German business confidence fell to the lowest in almost two years.
    2007-12-19 04:43:51

  • Money Market Rates Fall for Second Day on ECB Action (Update5) (Bloomberg.com)

    Dec. 19 (Bloomberg) -- Short-term borrowing rates fell in Europe, the U.S. and U.K. as European Central Bank council member Klaus Liebscher said the bank is ready to provide more cash to restore confidence in money markets.
    2007-12-19 09:13:51

  • Mortgage applications fell last week: MBA (Reuters via Yahoo! News)

    Applications for home mortgages tumbled last week as short-term interest rates soared and refinancing requests fell back to November levels, an industry group said on Wednesday.
    2007-12-19 08:38:32

  • Huntingtonnews.net Real Estate Editor

    HuntingtonNews.Net - Builders continue to look for signs of improvement in the ongoing mortgage market crisis that is weighing on housing and the ... either “high to very high,” “average” or “low to very low.” Scores for each component are then used to calculate ...
    2007-12-19 02:07:00

  • BRE Properties Issues Initial 2008 Earnings Estimates

    Earthtimes - ... from continued job growth, an absence of new apartment supply, and marginal impact from the current subprime mortgage crisis ... We calculate FFO in accordance with the NAREIT definition. We believe that FFO is a meaningful supplemental measure of our ...
    2007-12-19 01:34:00

  • BRE Properties Issues Initial 2008 Earnings Estimates (PR Newswire via Yahoo! Finance)

    BRE PROPERTIES, INC. today announced its initial earnings estimates for 2008. All references to earnings per share and funds from operations per share, the generally accepted measure of performance for the REIT industry, reflect fully diluted amounts.
    2007-12-19 01:45:00

  • Stocks: Best and Worst Sectors for '08 (BusinessWeek)

    S&P reviews the performance of key groups as the current year draws to a close—and names the sectors its analysts like for 2008
    2007-12-19 06:36:22

  • Analyst Actions: Palm, Blue Nile, Take-Two, TD Ameritrade (BusinessWeek)

    Opinions on various stocks on Wednesday
    2007-12-19 10:51:00

  • S&P: Bond Insurers Under Stress (BusinessWeek)

    The rating agency cut ACA Financial to CCC and lowered its outlooks on other industry players amid worsening performance of subprime debt
    2007-12-19 10:51:30

  • Builder Confidence Remains Flat in December (BuildingOnline)

    Builder confidence in the market for new single-family homes remained unchanged for a third consecutive month in December as problems in the mortgage market and excess inventory issues continued, according to the latest NAHB/Wells Fargo Housing Market Index (HMI), released today.
    2007-12-19 12:25:16

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