Posts Tagged “Banks News”

News Sources wrote an interesting post today on
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Thirty-year home-loan rates could fall to 4 percent - they were at 4.44 percent last week - as the Federal Reserve buys more U.S. Treasury debt and drives interest yields down, FBR Capital Markets analyst Bob Ramsey told clients in a report Tuesday.

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News Sources wrote an interesting post today on
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30-year fixed-rate mortgages are heading to historic lows. If people who’ve been waiting to refinance finally start, they’ll save thousands, but banks could be in trouble.

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News Sources wrote an interesting post today on
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The default rate for commercial mortgages held by banks in the first quarter hit its highest level since at least 1992 and is expected to surpass that by year-end and peak in 2011, according to a study by Real Capital Analytics.

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News Sources wrote an interesting post today on
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Defaults on apartment-building mortgages held by U.S. banks climbed to a record 4.6 percent in the first quarter, almost twice the year-earlier level, as more borrowers failed to repay debt approved near the market peak, said Real Capital Analytics Inc. in a report.

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News Sources wrote an interesting post today on
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You read it here first:Comment by Delaware Republican on 13 October 2009 at 9:26 am:You are right to point out the bad actions of many banks. They have gone from too big to fail and now they are too big to regulate.Sad to say they got a lot of money on a failure model. The hopes would be people would fail to pay credit cards on time, fail to pay mortgages because they covered their bets with financial instruments and all in all got great government money (1%) and loan it out sparingly.Mike Prota

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