Automotive Industry Today: Mortgages News http://automotive.einnews.com/news/mortgages Constantly updated news and information about automotive industry. Catholics targeted by NY man in $17M Ponzi scheme http://automotive.einnews.com/news.php?wid=207225242 9 Jan 2009 02:28 GMT ... 7.1 to 8.3 percent on what he said were investments in discounted real estate mortgages. But rather than invest new clients' money, Piccoli used it to pay earlier investors ... Average Mortgage Rate Hits 5%, Lowest in Decades http://automotive.einnews.com/news.php?wid=207224880 9 Jan 2009 02:28 GMT Jewel arrives at the 35th Annual People's Cho... France's Alize Cornet reacts after taking a p... John Travolta's 16-year-old son ... Realtors look to falling mortgage rates for a better year for home market http://automotive.einnews.com/news.php?wid=207223137 9 Jan 2009 02:04 GMT ... CORRECTED - UPDATE 2-US mortgage rate drops 10th week, to record low http://automotive.einnews.com/news.php?wid=207223104 9 Jan 2009 02:04 GMT ... NEW YORK, Jan 8 (Reuters) - The average interest rate on 30-year U.S. fixed-rate mortgages dropped to a 38-year low of 5.01 percent in the latest week, after the ... Mortgage Bill Clears a Hurdle in Senate http://automotive.einnews.com/news.php?wid=207222889 9 Jan 2009 02:03 GMT Jewel arrives at the 35th Annual People's Cho... France's Alize Cornet reacts after taking a p... John Travolta's 16-year-old son ... Jan 8: Stocks boosted by mortgage deal http://automotive.einnews.com/news.php?wid=207222754 9 Jan 2009 02:03 GMT ... A deal that could prevent more mortgage foreclosures pulled Wall Street out of a deep early slump and helped pull stocks ... Rate cut puts Britain in uncharted waters http://automotive.einnews.com/news.php?wid=207222638 9 Jan 2009 02:02 GMT ... inability or unwillingness of the banks to pass on rate cuts, especially for new mortgage customers with limited deposits. The Halifax, the UK's biggest lender, said that, "all mortgage ... Amid the gloom and doom, I've a small piece of advice to offer http://automotive.einnews.com/news.php?wid=207222633 9 Jan 2009 02:02 GMT ... even more reckless than home-buyers, who themselves were able to raise 100 per cent mortgages that exceeded their ability to repay except on the most optimistic scenarios. This great ... Banks warn Brown as rates hit 1.5% http://automotive.einnews.com/news.php?wid=207222546 9 Jan 2009 02:02 GMT ... Mortgage lenders are warning Gordon Brown that his scheme to prevent a surge in home ... Fed balance sheet growth needn't be inflationary-Rosengren http://automotive.einnews.com/news.php?wid=207222532 9 Jan 2009 02:02 GMT ... lead to inflation,' Rosengren said in response to an audience question at the Massachusetts Mortgage Bankers Association's Annual Meeting in West Newton, Massachusetts. 'The inflationary concerns aren't going to ... Ireland's second biggest employer defects to Poland http://automotive.einnews.com/news.php?wid=207222521 9 Jan 2009 02:02 GMT ... had in Limerick City", Mayor John Gilligan said many workers had taken on large mortgages. He added: "These people are out of a job. Unless we do something positive ... HONG KONG NEWSPAPER HIGHLIGHTS - JAN 9, 2009 http://automotive.einnews.com/news.php?wid=207222479 9 Jan 2009 02:02 GMT ... 3G standard are too expensive. - Standard Chartered Bank (Hong Kong) introduced a new mortgage plan yesterday, undercutting its competitors with a fixed interest rate of 2.88 percent for ... Down economy may be causing more to stay up nights http://automotive.einnews.com/news.php?wid=207221951 9 Jan 2009 02:00 GMT ... no sheep keeping Mari A. company at bedtime. Rather, she counts thoughts of layoffs, mortgage payments and plummeting stocks. Her insomnia started back in November, when the economy hit ... Recession, recovery and the year ahead http://automotive.einnews.com/news.php?wid=207221863 9 Jan 2009 01:59 GMT ... created strong returns. Prior to December 2007 we started to hear rumblings of sub-prime mortgage issues in the housing market. I think we can all agree that the sub-prime ... Fitch removes ratings on Oglethorpe Power bonds that fail to sell http://automotive.einnews.com/news.php?wid=207221837 9 Jan 2009 01:59 GMT ... by the Development Authority of Monroe County for the Along with Oglethorpe's outstanding first mortgage bonds and outstanding pollution control revenue bonds issued for the benefit of Oglethorpe by ...