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CompareCC News Archive Listing for Personal Finance during 2007-03-08.
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30-year mortgage fall to new 2007 low
 
AP - Rates on 30-year mortgages fell to the lowest level since mid-December as investors scrambled to the safety of bonds following last week's stock market turmoil.
Treasury bond prices finish lower
 
AP - Treasury bond prices fell modestly Thursday, with the market paring back earlier losses as investors positioned themselves ahead of Friday's payrolls report and fresh jitters emerged over the subprime mortgage market.
30-year mortgages fall to new 2007 low
 
AP - Rates on 30-year mortgages fell to the lowest level since mid-December as investors scrambled to the safety of bonds following last week's stock market turmoil.
New Century stops lending as lenders pull credit
 
Reuters - New Century Financial Corp. , whose shares fell 25 percent on Thursday amid speculation it would seek bankruptcy protection, said it has received $265 million in financing, but stopped accepting loan applications after some lenders blocked its credit lines.
FBI to warn borrowers, lenders on mortgage fraud
 
Reuters - The Federal Bureau of Investigation, seeking to stem a rising tide of crime in home financing, said on Thursday it will warn borrowers and lenders that mortgage fraud can result in stiff fines and prison time.

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