Mortgage and Financial News From 2008-1-4 Page 21

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  • More gloomy economic data emerges

    Guardian Unlimited - There was little festive cheer in the UK service sector at the end of 2007 as the sub-prime debt crisis continued to hurt ... approved by banks last month was almost 44% lower than in November last year are likely to fuel calls for another interest rate ...
    2008-01-04 03:03:00

  • Affordability pressure continues

    News.com.au - In 2008, the main challenges facing the real estate market will be low home loan affordability, the possibility of more interest rate rises, the ongoing fallout from the US sub-prime problems, and an extremely tight rental market driving rents up ...
    2008-01-04 06:13:00

  • Jobless rate hits 2-year high of 5%

    Los Angeles Times - The central bank already has sliced its signal-sending federal funds rate, the interest banks charge each other for short-term loans, a full percentage point since September, when it first reacted to the sub-prime mortgage mess and deepening credit ...
    2008-01-04 11:07:00

  • Swan defends bank rate rises

    News.com.au - ... loans of between one to five years to 8.54 per cent, just below the current standard variable rate of 8.57 per cent. "The increase to fixed rates follows sustained increases in wholesale interest rates associated with the effects of the US sub-prime ...
    2008-01-04 12:47:00

  • John Fitzgerald - Gold Coast News

    John FitzgeraldGold Coast News, Australia - 7 hours agoWe're at a good stage now because (Prime Minister Kevin) Rudd is passionate about his Education Revolution. So the letter I'm writing to him basically says ...
    2008-01-04 08:35:50

  • Chidambaram for lower rate regime - Hindu Business Line

    Chidambaram for lower rate regimeHindu Business Line, India - 6 hours ago4 In a clear pointer towards a softer interest rate regime, the Finance Minister, Mr P. Chidambaram, has sent out a signal to the Reserve Bank of India and ...
    2008-01-04 09:45:39

  • The high cost of jumbo mortgages - Newsday

    The high cost of jumbo mortgagesNewsday, NY - 5 hours agoBut as they waited to close, they saw interest rates on the kind of mortgage they needed -- a jumbo loan, which is for more than $417000 -- soar as the ...
    2008-01-04 09:54:33

  • Fitch Takes Various Rating Actions on 10 Wells Fargo Transactions (4º) - InfoBolsa

    Fitch Takes Various Rating Actions on 10 Wells Fargo Transactions (4º)InfoBolsa, Spain - 5 hours agoThe underlying collateral for Wells Fargo Asset Securities Corp. transactions consists of prime adjustable-rate mortgage loans secured primarily by one- to ...
    2008-01-04 09:56:54

  • More rate hikes - Sky News Australia

    More rate hikesSky News Australia, Australia - 5 hours agoThe bank has lifted the interest rate on some of its fixed rate loans by 25 basis points to 8.44% and 8.54%. Yesterday, NAB hit its customers with 0.12% ...
    2008-01-04 10:00:42

  • Missouri bill would rein in subprime practices - Kansas City Star

    Missouri bill would rein in subprime practicesKansas City Star, MO - 5 hours ago•Prohibit lenders from “churning” loans, which can increase the interest rate and cost of the loan. •Prohibit penalties for making early payments and ...
    2008-01-04 10:03:30

  • Property market: Brace yourselves for the crash - Telegraph.co.uk

    Property market: Brace yourselves for the crashTelegraph.co.uk, United Kingdom - 5 hours agoIt's not just that the Bank of England's official interest rate is still high, at 5.5 per cent. The credit crunch, in which the cost of borrowing for banks ...
    2008-01-04 10:23:45

  • US Jobless Rate Rises; Job Growth Falters - Voice of America

    US Jobless Rate Rises; Job Growth FaltersVoice of America - 4 hours agoAnalysts say the new information makes it likely the US central bank Federal Reserve will cut interest rates as much as half a percent to stimulate the ...
    2008-01-04 11:03:37

  • Surging oil prices fuel manufacturing inflation pressures in Canada - The Canadian Press

    Surging oil prices fuel manufacturing inflation pressures in CanadaThe Canadian Press - 4 hours ago22 announcement on interest rate policy, Desjardins said the central bank will consider the threat of a slowing economy more serious than inflation in the ...
    2008-01-04 11:12:36

  • Chidambaram wants banks to reduce interest rates by a notch - Livemint

    Chidambaram wants banks to reduce interest rates by a notchLivemint, India - 4 hours agoThe prime lending rates of different banks are currently around 13% New Delhi: Finance minister P. Chidambaram said he would like banks to cut interest ...
    2008-01-04 11:15:33

  • Remain Tension Free With Easy Loans - Best Syndication

    Remain Tension Free With Easy LoansBest Syndication, CA - 4 hours agoThe interest rate charged by these loan plans is little bit higher. It is due to the fact that, the lender wants to minimize his risk by increasing the ...
    2008-01-04 11:40:52

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