Mortgage and Financial News From 2009-12-3 Page 01
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Mortgage rates hit lows, but will it last? - Chicago Tribune
Interest rates on the benchmark 30-year fixed-rate mortgage dipped to a 38-year low this week, giving consumers another reason to consider purchasing a home or refinancing their current one. Freddie Mac said Thursday that the average rate on a 30 ...
2009-12-03 09:43:00 -
Business Briefs - Richmond Times-Dispatch
The new AeroTrain at Dulles International Airport probably will begin whisking passengers between the terminal and the gate next month. The Metropolitan Washington Airports Authority had hoped the train could begin running before the holidays. But ...
2009-12-03 11:02:00 -
Sale of JT Packard in Verona will preserve 297 jobs - Milwaukee Journal Sentinel
The Madison-area tech firm filed a plant-closing notice with the state this week, but that was a technical step needed for the firm to be sold in a receivership proceeding, Gregory A. Charleston said. Receivership is a state process somewhat like ...
2009-12-03 09:58:00 -
Business news briefs - Pittsburgh Post-Gazette
General Motors and Chrysler will reconsider decisions to close thousands of dealerships as part of a compromise meant to stave off federal legislation that would require them to keep showrooms open. The decision announced yesterday raises the ...
2009-12-03 11:45:00 -
30-year rates fall to 4.71%, elicit mortgage applications - USA Today
Mortgage rates fell to a historic low this week, spurring mortgage applications and possibly home sales. The 30-year-average dropped to 4.71% from 4.78% a week ago, mortgage finance giant Freddie Mac said Thursday. That is the lowest since the agency ...
2009-12-03 10:26:00 -
Thirty-Year Rates Hit 38-Year Low - American Banker (subscription)
Thirty-Year Rates Hit 38-Year LowAmerican Banker (subscription)Mortgage rates generally fell the week that ended Thursday, with the average 30-year fixed rate reaching the lowest level in at least 38 years, according to ...
2009-12-03 04:21:48 -
Best$1 Stock you've Seen Yet - SmallCapInvestor
Best$1 Stock you've Seen YetSmallCapInvestorInflation fears are being fueled by historically low interest rates, an oversupply of money, and out of control fiscal and monetary stimulus around the ...
2009-12-03 04:34:03 -
Thomas Oliver: Lesser known indicators not good - Atlanta Journal Constitution
Thomas Oliver: Lesser known indicators not goodAtlanta Journal ConstitutionYet, even with rates the lowest since spring, the four-week average for mortgage applications has barely nudged upward. Cronje also watches “borrowing” ...
2009-12-03 06:21:31 -
Yen Heads for Largest Loss in 4 Months Before US Jobs Report - Bloomberg
Yen Heads for Largest Loss in 4 Months Before US Jobs ReportBloombergThe yen traded at 63.74 per New Zealand dollar as of 12:44 pm in Tokyo from 63.70 in New York yesterday, when it reached 64.11, the lowest level since Nov. ...
2009-12-03 10:08:03 -
All-Time Low Mortgage Rate Provides Opportunity for Homebuyers and Homeowners ... - KOSA
All-Time Low Mortgage Rate Provides Opportunity for Homebuyers and Homeowners ...KOSAWith 30 Year fixed mortgage rates at an all time low of 4.71 % and an extended first time homebuyer's credit, it's a prime time to buy or refinance a home. ...
2009-12-03 10:34:30 -
Europe Holds Rate at 1%, but Tightens Bank Credit - New York Times
The governing council of the central bank met in Frankfurt on Thursday. After the meeting, Jean-Claude Trichet , the central bank president, signaled there would be no increase in rates in the near future, saying that the current 1 percent rate, in ...
2009-12-03 10:19:00 -
30-year rates fall to 4.71%, elicit mortgage applications - USA Today
Lenders have raised credit standards since last year, requiring much higher credit scores and larger down payments of up to 20%. Still, under-5% mortgage rates are touching off interest among home buyers across the country. Mortgage loan applications ...
2009-12-03 10:26:00 -
Unpredictable outcomes for De Beers !! - Stockhouse
Average quality rating by the Stockhouse community. Could the end of the historic association between the Oppenheimer family and Anglo American, the mighty corporate empire, which once controlled two-thirds of the companies on the Johannesburg Stock ...
2009-12-03 09:58:00 -
Australia Lifts Interest Rate Again - NewsMax.com
Most analysts had predicted the move by the Reserve Bank of Australia, which takes the cash rate to 3.75 percent. In October, Australia became the first major economy to raise interest rates ... Glenn Stevens said in a statement explaining the rate ...
2009-12-01 09:00:00 -
FOREX-Euro holds gains as ECB rates unch;Trichet eyed - Forex Pros
LONDON, Dec 3 (Reuters) - The euro held earlier gains against the dollar on Thursday after the European Central Bank left interest rates steady, as expected. Traders are focusing on what ECB President Jean-Claude Trichet will say about scaling back ...
2009-12-03 07:03:00