Mortgage and Financial News From 2007-11-25 Page 7
Previous Day: 2007-11-24
Return to the mortgage news archive home.
Page: 01 2 3 4 5 6 7 8 9 10 11 12 13 14 15
16 17 18 19
-
The World Today - Election contenders await interest rate decision
Australian Broadcasting Corp. - ELEANOR HALL: To the election campaign, and while the race that stops the nation is run tomorrow, the announcement that might end the Coalition's chances in the nation's key political race comes at 9.30 on Wednesday morning. That will be when the ...
2007-11-25 10:28:00 -
Could Gordon Brown be going Howard’s way?
Times Online - Over the course of the campaign, the Government had endured an interest-rate rise (the sixth in a row), the release of an official report that showed it had spent millions pork-barrelling its own seats, and the revelation that a senior member of the ...
2007-11-25 02:53:00 -
Don't look now: Here comes the recession
CNN Money - Indeed, the Fed already has twice cut its overnight interest-rate target, and options markets show investors expect the Fed to cut by another quarter-point at its Dec. 11 meeting, taking the Fed funds bank-lending rate down to 4.25%. Government ...
2007-11-25 02:24:00 -
Forex - US dollar higher against major currencies, further gains ...
CNBC - For the Australian dollar, one driver will be on the message the plethora of Fed speakers send on whether an interest rate cut on December 11 is likely," said John Kyriakopoulos, head of currency strategy at National Australia Bank. Another rate ...
2007-11-25 03:43:00 -
WEEKAHEAD-Emerging debt: stick to fundamentals after selloff
Reuters - The possible recovery will depend, though, on prospects for more interest rate cuts by the U.S. Federal Reserve and on the absence of any news about mortgage-related bank losses. Emerging markets risk spreads over U.S. Treasury notes, a key gauge ...
2007-11-25 12:51:00 -
Bringing some owners back from the brink of foreclosure
Minneapolis Star Tribune - ... it's gotten easier of late. In early October, the company handling a client's mortgage suggested simply subtracting $21,000 off her client's $121,000 mortgage debt. Ocwen Financial went on to suggest a permanent cut in Thomas Stroud's interest rate to ...
2007-11-25 03:57:00 -
House prices cool further
Reuters UK - It is hard to see the catalyst for any short term turnaround in market confidence other than interest rate cuts early in the new year." Hometrack predicts house prices in Britain will rise by just one percent next year as weaker sentiment, stretched ...
2007-11-25 03:57:00 -
Australian Dollar Rises for Third Day on Increased Carry Trade
Bloomberg - Australia's dollar is a favorite of so-called carry trades because the nation's interest rate is the highest of any country with a AAA credit rating from Standard & Poor's. ``The Australian dollar will trade a bit higher with a bit more ...
2007-11-25 02:24:00 -
Credit crunch problem leaves young economists undefeated
Times Online - Most of my friends don’t even know what the interest rate is,” she said. “I practised the presentation on one of them and they thought it was a foreign language.” After participating in the competition she switched her university application ...
2007-11-25 02:39:00 -
Japanese Yen, Malaysia's Ringgit, Peso: Asia Currency Preview
Bloomberg - The yen traded at 108.29 per dollar at 5:55 p.m. in Singapore on Nov. 23. Malaysian ringgit: Malaysia's central bank will probably keep its benchmark interest rate unchanged for a 13th straight meeting. Bank Negara Malaysia will maintain its ...
2007-11-25 01:13:00 -
Single mums work out their anger
News.com.au - THE decision to force single mums out to work and interest-rate rises have been implicated in the Howard Government's devastating defeat. Four ministers including the Prime Minister appear to have lost their seats and another two ministers are at ...
2007-11-25 03:50:00 -
Fed sensitive to risk of rate cut
Financial Times - However, they are expected to indicate that the Fed reserves judgment as to whether these increased risks will merit an interest rate cut in December. The two officials will almost certainly make it clear that the US central bank is genuinely ...
2007-11-25 01:41:00 -
House prices in Britain tumble at fastest rate since 2005
Times Online - The potential extent of the global credit crunch remains uncertain, and Mr Donnell said: “While the economic fundamentals remain strong, it is hard to see the catalyst for any short-term turnaround in market confidence other than interest rate cuts ...
2007-11-25 03:29:00 -
House prices in Britain tumble at fastest rate since 2005 (Times Online Sunday)
House prices fell this month at the fastest rate since July 2005 as the number of new buyers declined more swiftly even than the faltering supply of homes for sale.
2007-11-25 03:09:56 -
Rate cut lifts appeal of Saudi shares, index rises (Gulf Times)
DUBAI: Saudi Arabia’s bourse extended gains into a fourth trading day yesterday as the kingdom’s second interest rate cut this month boosted the appeal of holding stocks.
2007-11-24 08:38:24