Mortgage and Financial News From 2007-12-5 Page 32
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Asian economic and business calendar -- to Dec 20
CNBC - MUMBAI (Thomson Financial) - Key items expected to Dec 20 Thursday December 6 -Japan Oct leading index of business condition -Australia's Bank of Queensland AGM -Bank Indonesia policy meeting (to decide on interest rate) -SKorea's Nov consumer ...
2007-12-04 10:56:00 -
Regulators, lenders eye 5-year freeze
Reuters - NEW YORK (Reuters) - Federal regulators and lenders are homing in on five years as the length of an interest-rate freeze on subprime mortgages, Bloomberg reported, citing a source familiar with the negotiations. Treasury Secretary Henry Paulson has ...
2007-12-05 12:22:00 -
Hong Kong shares end morning higher on optimism for rate cut - UPDATE
Forbes - Most property stocks extended gains on hopes of an interest rate cut next week. The Fed has lowered its rates by a cumulative 75 basis points over a period of two months to October, helping spark a rally in global stock markets. The Fed is likely to ...
2007-12-04 09:45:00 -
Q&A: Interest rate rises and you
BBC News - A quarter of a percentage point rise may not sound much, but with July's move making it five rate rises since the summer of 2007, it does make a difference. Each quarter of a percentage point increase raises the cost of a £100,000 repayment mortgage ...
2007-12-04 09:02:00 -
Fed May Couple Rate Cut With New Measures to Increase Credit
Bloomberg - Dec. 5 (Bloomberg) -- Federal Reserve officials, who are forecast to lower their main interest rate next week, are signaling that they are looking for additional ways to increase credit to companies and consumers. The Fed may lower the discount rate ...
2007-12-04 09:38:00 -
Subprime Rate Five-Year Fix Eyed by U.S. Regulators (Update1)
Bloomberg - Dec. 5 (Bloomberg) -- Federal regulators and U.S. lenders are focusing on five years as the duration of an interest-rate freeze on subprime mortgages, said a person familiar with negotiations aimed at fending off a jump in foreclosures. Such an ...
2007-12-05 12:15:00 -
Dollar tops loonie as Canada trims key rate
Seattle Times - NEW YORK — The dollar edged higher against the Canadian dollar Tuesday, closing above parity, after the Bank of Canada cut its key interest rate in an effort to contain inflation. The Bank of Canada cut its overnight rate by a quarter percentage ...
2007-12-05 12:15:00 -
Credit card rate changes assailed
Boston Globe - WASHINGTON - Some credit card companies are raising interest rates on good customers even if they pay down their balances, on time, every month. The reason they cite is that the customer's credit rating has fallen elsewhere. That was a rude surprise ...
2007-12-04 11:39:00 -
Australia holds key interest rate at 6.75% (MENAFN)
Australia holds key interest rate at 6.75%
2007-12-05 12:05:59 -
Australia Keeps Key Interest Rate Unchanged at 6.75% (Update3) (Bloomberg.com)
Dec. 5 (Bloomberg) -- Australia's central bank left its key interest rate unchanged, citing ``heightened uncertainty about the international outlook'' and rising credit costs.
2007-12-04 05:00:03 -
Australia Keeps Key Interest Rate Unchanged at 6.75% (Update1) (Bloomberg.com)
Dec. 5 (Bloomberg) -- Australia's central bank left its benchmark interest rate unchanged as it waits to see if the U.S. housing recession and credit-market turmoil will hurt growth.
2007-12-04 02:58:01 -
SUBJECT: What The Hell Is Going On? Posted By: rolfoto
Stockhouse Canada - ... separate company which owns the coal mines, and they have given special rates to ... on pretext of friendship, but really, no doubt, to talk over business and compare ... found statements that two-thirds to three-fourths of the farms are under mortgage ...
2007-12-04 10:56:00 -
A Beautiful Idea (GoldSeek.com)
*** The Economist quotes your fearless leader…what lies ahead for the U.S. economy in '08?…and more!
2007-12-04 01:59:43 -
Credit Cards: Battle in Congress (BusinessWeek)
While legislators like Carl Levin want to crack down on the credit-card industry's practices, company execs warn of unforeseen consequences
2007-12-04 09:33:14 -
H&R says mortgage arm sale deal dead
The Washington Times - Travel Civil War Obituaries Friday Home Guide Auto Weekend Employment Tourist Guide Holiday Gift Guide Blogs Fishwrap Immigration ... H&R says mortgage arm sale deal dead KANSAS CITY, Mo. (AP) — H&R Block Inc. said yesterday that a deal to sell its troubled ...
2007-12-04 09:23:00