Mortgage and Financial News From 2008-1-11 Page 3
Previous Day: 2008-01-10
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Fed Signals Shift as Traders Anticipate Deeper Rate Reductions
Bloomberg - Bernanke's Jan. 10 speech pledging ``substantive additional action,'' spurred traders to predict a faster and deeper pace of interest-rate cuts. That strategy would be a break from the forecast-driven policy approach to date, Fed watchers said ...
2008-01-11 09:14:00 -
Senate candidates differ on economic remedy - Chicago Daily Herald
Senate candidates differ on economic remedyChicago Daily Herald, IL - 55 minutes agoBoth Sauerberg and Martin supported some form of government intervention to help those at risk of losing their homes by rising interest rates. ...
2008-01-11 10:28:04 -
Manatee factory workers in a vise - Bradenton Herald
Manatee factory workers in a viseBradenton Herald, United States - 54 minutes ago"Typically, during the month of December, our applications rate drops to one or two a week because people aren't interested to put in applications and ...
2008-01-11 10:29:24 -
India industrial growth slows sharply but no rate cut seen - AFP
India industrial growth slows sharply but no rate cut seenAFP - 52 minutes agoNine interest rate hikes since 2004 and steps by the central bank to force commercial lenders to put aside more reserve funds to brake lending growth have ...
2008-01-11 10:31:00 -
Bank of America buyout of Countrywide may ripple through Arizona - Arizona Republic
Bank of America buyout of Countrywide may ripple through ArizonaArizona Republic, AZ - 47 minutes agoIt also could affect financial services as basic as the interest rate you get on a savings account. • Countrywide holds one in six homes loans in the US It ...
2008-01-11 10:36:42 -
Fiancee can't receive tax deduction - Akron Beacon Journal
Fiancee can't receive tax deductionAkron Beacon Journal, OH - 36 minutes agoIf you do, then I would think it's a no-brainer to refinance at the lower interest rate. Your alternatives will most likely cost you more money. ...
2008-01-11 10:47:25 -
The Untied States of America - Pacific Free Press
The Untied States of AmericaPacific Free Press, Canada - 33 minutes agoMy loyalties to each place will last as long the place lasts, but the fealty is local, my interest zoned within a hundred-mile radius and certainly not tied ...
2008-01-11 10:49:57 -
Sub Prime Mortgage Workshops Throughout California - NewsBlaze
Sub Prime Mortgage Workshops Throughout CaliforniaNewsBlaze, CA - 31 minutes ago... to discuss options available to homeowners with rate increases looming or those who've already defaulted on payments due to interest rate increases. ...
2008-01-11 10:52:35 -
Fed chief Bernanke promises rate cuts to protect economy - LubbockOnline.com
Fed chief Bernanke promises rate cuts to protect economyLubbockOnline.com, TX - 26 minutes agoMany economists now believe the Fed will slice its key interest rate by a bold one-half of a percentage point when the Fed meets on Jan. 29-30. ...
2008-01-11 10:57:06 -
Bank gloom overshadows prospect of lower rates - Arab Times
Bank gloom overshadows prospect of lower ratesArab Times, Kuwait - 22 minutes agoLONDON (RTRS): Further US interest rate cuts may be in the offing and money market rates may be easing but news from the world’s major banks on Friday gave ...
2008-01-11 11:01:48 -
National Briefs - Sofia Echo
National BriefsSofia Echo, Bulgaria - 21 minutes agoOf the total amount, about 1.5 million leva came from SMS donations and special rate phone calls, and a further more than two million leva through a special ...
2008-01-11 11:02:01 -
Basic interest up - Sofia Echo
Basic interest upSofia Echo, Bulgaria - 20 minutes agoOn January 3 Bulgarian National Bank (BNB) set the basic interest rate at 4.68 per cent, one per cent higher than was set last December. ...
2008-01-11 11:02:59 -
Optimism on economy - Sofia Echo
Optimism on economySofia Echo, Bulgaria - 20 minutes agoA number of banks have geared up the range and interest rates of deposits. The non-banking segment is also set to gain speed now that Bulgarians are ...
2008-01-11 11:03:02 -
Home sales still on the skids - Times Herald-Record
Home sales still on the skidsTimes Herald-Record, NY - 20 minutes agoInterest rates are lending a hand to would-be buyers, as well. The average rate on 30-year fixed-rate mortgages dipped below 6 percent this week, ...
2008-01-11 11:03:29 -
European stocks close mostly lower - Melbourne Herald Sun
European stocks close mostly lowerMelbourne Herald Sun, Australia - 17 minutes agoDealers said that despite gains in New York yesterday on hopes for further US interest rate cuts, Asia sold off heavily overnight, leading to a mixed ...
2008-01-11 11:06:09
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