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Live Mortgage News
Yahoo! News Search Results for mortgage
Yahoo! News Search Results for mortgage
Ailing US mortgage giants face fresh pressure (AFP via Yahoo! News)
US mortgage finance giants Fannie Mae and Freddie Mac saw their share prices plummet Wednesday amid heightened concerns about their ability to ride out the credit crisis without government help.

Regulator to help IndyMac mortgage borrowers (Reuters via Yahoo! News)
Thousands of homeowners with distressed mortgage loans linked to failed lender IndyMac may soon be able to avoid foreclosure under a program announced on Wednesday by U.S. banking regulators.

Speculation swirls around ailing US mortgage giants (AFP via Yahoo! News)
Speculation about the stressed financial health of US mortgage-finance giants Fannie Mae and Freddie Mac swirled Wednesday as their share prices further plummeted.

Mortgage demand drops despite falling rates (USA Today)
Mortgage applications fell last week despite a drop in interest rates, the Mortgage Bankers Association said Wednesday.

Mortgage application volume hits multiyear low (AP via Yahoo! News)
Mortgage application volume fell last week to its lowest levels in nearly eight years, the Mortgage Bankers Association said Wednesday.

Yahoo! News Search Results for real estate
Yahoo! News Search Results for real estate
Moody's: Commercial real estate prices dip in June (AP via Yahoo! Finance)
Commercial real estate prices continued to decline in June, according to Moody's/REAL Commercial Property Price Indices, Moody's Investors Service said Wednesday.

National associations of real estate appraisers calls for reforms in wake of AP report (Canadian Business)
CHARLOTTE, N.C. (AP) - Four national associations of real estate appraisers have asked Congress for major regulatory reforms in the wake of an Associated Press investigation that identified key failings within the existing system.

2 of 3 O.C. job losses tied to real estate (Orange County Register)
Number of real estate-related jobs lost in past year totals 19,300 – equivalent to entire population of Coto de Caza.

Broker: Vail Valley real estate slower, but still 'good' (Vail Daily)
VAIL — Tighter credit and a slowing economy have slowed real estate sales across the region this year. But, while sales volume is down everywhere, the average price of homes in Garfield and Summit counties is still on the rise.

Coral Springs Real Estate: The Best Environment For A New Home (Turks.US)
If you are looking for the most aesthetic environment to settle down in, then Coral Springs real estate is just what the doctor ordered. The city itself is under strict law in keeping the surroundings clean.

Yahoo! News Search Results for bond market
Yahoo! News Search Results for bond market
UPDATE: Europe High-Yield Bond Market Frozen (Nasdaq)
(Adds context, comment.) LONDON -(Dow Jones)- There were no recorded European high-yield bond deals in the first half of 2008 as the primary market remains virtually frozen in the wake of the credit crunch, European High Yield Association data showed Wednesday.

Treasury bond market at a glance (AP via Yahoo! Finance)
Key barometers in the Treasury market late Tuesday compared with late Monday. Price changes in the 10-year note and 30-year bond are per $1,000 invested.

Treasury bond market at a glance (AP via Yahoo! Finance)
Key barometers in the Treasury market late Monday compared with late Friday. Price changes in the 10-year note and 30-year bond are per $1,000 invested.

Look to Bond Funds That Invest Overseas (Morningstar.com via Yahoo! Finance)
These offerings have more attractive yields than funds focusing on the U.S. bond market.

Cadwalder launches covered bond practice (The Lawyer)
Cadwalader Wickersham & Taft has launched a transatlantic covered bond practice group in response to the developing covered bond market in the US. ...

Yahoo! News Search Results for stock market
Yahoo! News Search Results for stock market
Pakistan Stock Market Regulator OKs Norms For Private Equity Cos (Nasdaq)
KARACHI -(Dow Jones)- Pakistan's stock market regulator has approved a regulatory framework for registering and establishing private equity and venture capital funds aimed at deepening the country's financial market.

Stock market falls by £20bn as top economist warns credit crunch is only at 'halfway point' (Daily Mail)
Some £20billion was wiped off the value of Britain's biggest companies during another day of turmoil on the stock market yesterday.

Stock market sees adjustment after consecutive gains (Nhân Dân)
Nhan Dan - The stock market saw an adjustment today after consecutive sessions of gains. However, liquidity on both bourses remained high. The VN-Index ended its string of ten gaining sessions in a row with a slight drop of 0.59% or 3.06 points and closed at 508.47.

New Zealand stock market extends losses (Nasdaq)
(RTTNews) - The New Zealand stock market was trading lower on Wednesday, following another triple-digit loss overnight on Wall Street. Top stock Telecom slipped to a new 15-year low.

Vietnam's stock market ascending, but likely ephemeral (People's Daily)
Vietnam's stock market went up for the 10th straight trading session Tuesday, but its upward trend is considered short-lived by some securities officials and investors. The country's stock market index, VN-Index, measurement of 156 companies and four investment funds on the Ho Chi Minh Stock Exchange, climbed for the 10th consecutive session to close at 511.53 on Tuesday, while HASTC-Index, the ...

Yahoo! News Search Results for real estate
Yahoo! News Search Results for real estate
Moody's: Commercial real estate prices dip in June (AP via Yahoo! Finance)
Commercial real estate prices continued to decline in June, according to Moody's/REAL Commercial Property Price Indices, Moody's Investors Service said Wednesday.

National associations of real estate appraisers calls for reforms in wake of AP report (Canadian Business)
CHARLOTTE, N.C. (AP) - Four national associations of real estate appraisers have asked Congress for major regulatory reforms in the wake of an Associated Press investigation that identified key failings within the existing system.

2 of 3 O.C. job losses tied to real estate (Orange County Register)
Number of real estate-related jobs lost in past year totals 19,300 – equivalent to entire population of Coto de Caza.

Broker: Vail Valley real estate slower, but still 'good' (Vail Daily)
VAIL — Tighter credit and a slowing economy have slowed real estate sales across the region this year. But, while sales volume is down everywhere, the average price of homes in Garfield and Summit counties is still on the rise.

Coral Springs Real Estate: The Best Environment For A New Home (Turks.US)
If you are looking for the most aesthetic environment to settle down in, then Coral Springs real estate is just what the doctor ordered. The city itself is under strict law in keeping the surroundings clean.

Yahoo! News Search Results for housing
Yahoo! News Search Results for housing
U.S. experts work on housing for displaced Georgians (USA Today)
U.S. military experts trying to help arrange more permanent housing for displaced Georgians talked with the homeless on Wednesday and inspected the buildings where they are sheltering.

June leading indicator flat, housing falls (Reuters via Yahoo! News)
Canada's composite leading indicator was unchanged in July as the sharpest drop in the housing index since June 2002 offset gains in most other components, Statistics Canada said on Wednesday.

Brooklyn Boy, 5, Falls 10 Stories to His Death After Public Housing Elevator Stalls (New York Times)
The death occurred in a public housing complex where residents had complained of recurring problems with the elevators and renovations had been delayed because of federal cutbacks.

Some Say Bailout of Housing Giants Is Inevitable (New York Times)
Financial conditions are continuing to worsen at Fannie Mae and Freddie Mac , leading some investors to prepare for a government bailout of the housing giants even as the Treasury Department and the companies say such government intervention will not be necessary, The New York Times reported.

Pessimism grows over U.S. housing giants' future (International Herald Tribune)
Financial conditions are continuing to worsen at Fannie Mae and Freddie Mac, leading some investors to prepare for a government bailout of the housing giants.

Yahoo! News Search Results for mortgage
Yahoo! News Search Results for mortgage
Ailing US mortgage giants face fresh pressure (AFP via Yahoo! News)
US mortgage finance giants Fannie Mae and Freddie Mac saw their share prices plummet Wednesday amid heightened concerns about their ability to ride out the credit crisis without government help.

Regulator to help IndyMac mortgage borrowers (Reuters via Yahoo! News)
Thousands of homeowners with distressed mortgage loans linked to failed lender IndyMac may soon be able to avoid foreclosure under a program announced on Wednesday by U.S. banking regulators.

Speculation swirls around ailing US mortgage giants (AFP via Yahoo! News)
Speculation about the stressed financial health of US mortgage-finance giants Fannie Mae and Freddie Mac swirled Wednesday as their share prices further plummeted.

Mortgage demand drops despite falling rates (USA Today)
Mortgage applications fell last week despite a drop in interest rates, the Mortgage Bankers Association said Wednesday.

Mortgage application volume hits multiyear low (AP via Yahoo! News)
Mortgage application volume fell last week to its lowest levels in nearly eight years, the Mortgage Bankers Association said Wednesday.

 
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OMEGA REALTY & FUNDING
Telephone: (858) 674-4001
Facsimile: (858) 674-4628
16870 W. Bernardo Dr. Ste 400
San Diego, CA 92127

 

 
 
 
 
Newsflash
First Time Buyer Loans! 
 
Many people dream of owning a home but the home loan process can be confusing for many first time home buyers. Mortgage lenders offer first time buyers with many home loan options and assist the buyer in finding the best home loan for them. First time home buyer programs can offer lower interest rates, low down payments, or reduced taxes.

FHA and VA Loans 
First time homebuyers often experience the most difficulty amounting a significant down payment and everyone should have the opportunity to buy a home. For this reason the Federal government has developed two loan programs to assist homebuyers that have a little or no down payment. These programs are called the Federal Housing Administration (FHA) and the Veteran's Administration (VA). These programs are not solely intended for first time home buyers; your home loan advisor will be able to determine if you qualify and if so which program is acceptable for your needs. FHA and VA loans can be especially advantageous when combined with a HFA or MCC first time homebuyer program.

Who is Eligible? 
First time home buyer programs are designed to help borrowers who may not have enough money to pay the full cost of the down payment or the closing costs on a mortgage. These programs make obtaining a mortgage more cost effective. There are even programs specifically for residents of each state. First time home buyer programs are available to those who have not owned a home for the past three years.
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