Pacific City Mortgage Rates and Information Online from competing Lenders

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STOCKS NEWS ASIA-Shares to slide on Wall St drop - CNBC
WELLINGTON, Dec 5 (Reuters) - Asian shares are set to fall on Friday after Wall Street suffered another late sell-off and a gloomy world economic outlook returns to the fore. Energy stocks were the hardest hit in the U.S. after oil prices fell to ...

Signs mount of deepening recession - Kansas City Star
Chart shows productivity percent change from previous quarter at annual rate; 1 c x 3 3/4 in; 46.5 mm x 95.25 mm The latest evidence of a deepening recession that's already the longest in a quarter-century came Wednesday in a pair of reports that ...

Hong Kong shares end morning higher on bargain hunting; China telcos ... - CNBC
HONG KONG (XFN-ASIA) - Share prices finished the morning higher as large-caps including HSBC and China Mobile were snapped up by bargain hunters following a rally on Wall Street after the Federal Reserve extended the terms of three emergency loan ...

Hong Kong shares end morning up; 3G telecom gear makers jump-UPDATE - Forbes
HONG KONG (XFN-ASIA) - Share prices finished the morning higher as large-caps including HSBC and China Mobile were snapped up by bargain hunters following a rally on Wall Street after the Federal Reserve extended the terms of three emergency loan ...

People draw unemployment benefits at 26-year high - Buffalo News
More evidence of consumers' weary state and the nation's deteriorating job market came Thursday with reports that people continuing to draw unemployment benefits climbed to a 26-year high, while retail sales and orders to U.S. factories sank. The ...

Hong Kong Home Prices May Fall More as Banks Tighten Lending - Bloomberg
Dec. 5 (Bloomberg) -- Hong Kong home prices, already down almost a quarter from their five-year high in March, may drop further as banks tighten mortgage lending on concern rising unemployment may hurt buyers' ability to repay. ``There's a real lack ...

Australian Market Report of December 4: Rescue Takes Time to Work - ABN Newswire
Sydney, Dec 4, 2008 (ABN Newswire) - Overnight the US stocks dropped in early session on the weak economic data and turned higher after the news that US government has another plan in the works to bring down mortgage rates. On Wednesday, the ...

Hawaii banks profitable in shaky economic times - Tulsa World
HONOLULU — Take a quick stroll among the palm trees and commercial towers in Honolulu's financial district and names like Washington Mutual, Bank of America and Wachovia are nowhere to be found. The dominant players here are Bank of Hawaii ...

HK shares erase early gains as local developers weigh - CNBC
By Jun Ebias HONG KONG, Dec 4 (Reuters) - Hong Kong shares fell 0.6 percent on Thursday, wiping out a 2 pecent gain earlier in the day, as investors dumped local developers after lenders such as HSBC raised their Hong Kong mortgage rates. But Chinese ...

Hong Kong shares rise 1.4 pct, led by financials - Forbes
HONG KONG, Dec 3 (Reuters) - Hong Kong shares rose 1.4 percent on Wednesday, with financials leading the charge after their U.S. peers gained overnight, but property stocks fell after the city's big lenders raised mortgage rates. Banks stocks ...

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Today's Mortgage Terms starting with N

  • Notice of Default: A step in the foreclosure process in which the lender formally informs the court that the borrower is in late in payments.
  • Non-Assumption Clause: A provision in a mortgage contract preventing the assumption of the mortgage by another borrower without the lenders permission.
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