Household balance sheets healthy: RBA
“That’s not to deny that there are pockets where there are genuine distress”
The Reserve Bank of Australia Governor Glenn Stevens says household balance sheets remain healthy. via The Age
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Tips for mortgage shopping (Waxahachie Daily Light) What?s the best advice for people who are buying or refinancing a home? Get the best mortgage.read more...
115 California Consumer Groups Call Upon Home Mortgage Lenders to Halt Accelerating Foreclosures Caused by Predatory ... (PR Newswire via Yahoo! Finance) One hundred fifteen community and consumer organizations led by the California Reinvestment Coalition today called upon six leading mortgage lenders to stem the statewide tide of home foreclosures resulting
Today's Business UNITED STATES TRADE White House asks China about piracy efforts Washington | The Bush administration, under pressure to deal with a soaring trade deficit with China, asked the Chinese on
Changes may help mortgage holders (Greeley Tribune) Good news for mortgage holders and buyers may be just around the corner.read more...
US STOCKS-Wall St falls on ISM factory data, mortgage doubts (Reuters via Yahoo! News) U.S. stocks fell on Monday after fresh data pointed to a weakening manufacturing sector and uncertainty surrounded emerging plans to shore up the mortgage market.read more...
House prices falling "They [borrowers] need to ask themselves 'can I repay this?' and lenders need to ask themselves, 'If it goes wrong can I get it back?'" High interest rates biting,
August 16th, 2007
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