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A collection of news and information related to Mortgages published by Tribune Company sources.
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1792 items on Mortgages
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Jitters cause rise in mortgage rates
Associated PressMortgage rates shot up this week, with 30-year mortgages climbing to the highest level in nearly a year, reflecting concerns in financial markets about the troubles at corporate giants Fannie Mae and Freddie Mac. Freddie Mac reported yesterday that its...Tags: Fannie Mae, Freddie Mac, Financial and Business Services
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Rally ends; Dow falls 283
From wire reportsWall Street abruptly ended an earnings-driven rally and closed sharply lower yesterday after a steeper-than-expected decline in existing-home sales and worries about the financial sector chilled the market's recent optimism. The major indexes fell...Tags: KB Home, Federal Realty Investment Trust, Washington Mutual Inc., Quarterly or Semiannual Financial Statements, Electronics
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Palm Beach County home prices, sales fall again
South Florida Sun-SentinelPrice cuts still ruled in June as South Florida's housing slump trudged into its 30th month. Palm Beach County's median price for existing homes was $334,300, off 12 percent from $377,900 a year ago, the Florida Association of Realtors said Thursday....Tags: Homes, Broward County, Money and Monetary Policy, Sales, Palm Beach County
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Mortgage tax revenue down about 42% for LI
chau.lam@newsday.comMortgage tax collection across Long Island plunged by about $94 million, or 42 percent, in the first half of this year compared with the same period in 2007, a result of continued weakness in the real estate market and a soft economy, according to the...Tags: Local Authority, Long Island, State Budgets, Brookhaven, Beach Vacations
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Fund manager sees $1 trillion in write-downs
From Chicago Tribune news servicesFalling U.S. home prices will force financial firms to write down $1 trillion from their balance sheets, crimping bank lending and sparking sales of assets, said closely watched investor Bill Gross, who manages the world's biggest bond fund, PIMCO Total...Tags: UBS AG, Federal Reserve, Parliament, Fannie Mae, Mutual Funds
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Job, Housing News Worsens
Associated PressTwo cornerstones of the economy — jobs and housing — sank to new depths Thursday, with unemployment claims bolting higher and home prices recording one of their steepest drops on record. The bleak reports underscored the self-reinforcing...Tags: Government, Clubs and Associations, Homes, George Bush, Unemployment
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Dodd Plans To Disclose Loan Details After Bill Passage
Washington Bureau ChiefSen. Chris Dodd said he intends to release more information on his home loans from Countrywide — the giant mortgage company now owned by Bank of America — as soon as he gets his foreclosure rescue bill passed in the Senate this week and signed...Tags: George Bush, Parliament, Haddam, Loans, Bank of America Corp.
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Markets' Mood Shifts
Associated PressWall Street abruptly ended an earnings-driven rally and closed sharply lower Thursday after a steeper-than-expected decline in existing-home sales and worries about the financial sector chilled the market's recent optimism. The major indexes fell about...Tags: Clubs and Associations, Financial Markets, Sales, Petroleum Industry, Amazon.com Inc.
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IN BRIEF
Flushing Financial Corp. said it earned $6.5 million in its second quarter, up about 35 percent from $4.8 million in the same period last year. The holding company for Flushing Savings Bank, based in Lake Success, announced after the close of market...Tags: Government, Satellite Technology, Flushing Financial Corporation, Countrywide Financial Corp., XM Satellite Radio Holdings Incorporated
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Foreign sales help 3M profit beat forecasts
From Chicago Tribune news services3M Co., the maker of Scotch tape and more than 50,000 other products, on Thursday posted second-quarter earnings that topped analysts' estimates as demand for safety equipment in Asia and Latin America compensated for slower growth in the U.S. The...Tags: Dow Chemical Company, Southwest Airlines Company, Minnesota Mining & Manufacturing Company, National City Corporation, Earnings Forecasts
Jul 25, 2008
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|Story| Associated Press
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|Story| Newsday
Jul 25, 2008
|Story| Chicago Tribune
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