Mortgage and Financial News From 2007-8-30 Page 12

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  • August inflation seen higher

    Manila Times - Last week, the Monetary Board kept the BSP’s overnight rates steady, citing no change in the balance of risks to future inflation. The BSP’s key policy interest rates stood at 6.0 percent for the overnight ...
    2007-08-30 12:23:00

  • House price inflation slows down

    BBC News - After taking off again at the start of 2006, these latest figures suggest the property market is now responding to the higher cost of borrowing brought about by the Bank of England's five increases in interest rates since August 2006. Earlier this ...
    2007-08-29 07:37:00

  • Market insight: Bernanke's first big test

    MSNBC - First, to promote a healthy economy, meaning maximum sustainable employment, stable prices and moderate long-term interest rates. Second, to maintain the stability of the financial system. The latter explains why it cut the discount rate but not the ...
    2007-08-27 12:55:00

  • World Bank mimics Wall Street as it looks for a new role

    International Herald Tribune - At Zoellick's direction, the agency is pushing sophisticated products like loans that hedge against the risk of a commodity-price collapse or a surge in interest rates. His pitch is emerging as a hard sell against criticism that he runs a slow-moving ...
    2007-08-28 12:54:00

  • DATA SNAP: UK CBI Aug Retail Sales Volume +15 Vs July +18

    FXStreet.com - LONDON (Dow Jones)--Sales volumes at U.K. retailers rose in August, but at a slower pace than in July as higher interest rates continue to depress consumers confidence to spend freely, a survey by the Confederation of British Industry showed Thursday ...
    2007-08-30 12:26:00

  • Official says Japan's low interest rates may have contributed to ...

    Worldnews.com - zbiz-bankrate-deals/ Money One-year New-car Home-equity Credit market CD loan loan card National average 0.85% 3.77% 7.77 ... That is the question for borrowers who see variable interest rates on the march, reports John Kavanagh. When home loan borrowers ...
    2007-08-30 09:20:00

  • Nationwide says house prices still slowing

    Financial Times - ... Earley, Nationwide’s chief economist, said she expected house price growth for 2007 to come in at close to the middle of its forecast range of 5 to 8 per cent as the growth in house prices continued to outpace earnings and higher interest rates and ...
    2007-08-30 07:54:00

  • Retiring in Rough Seas (The Motley Fool)

    Making the transition while the market churns.
    2007-08-29 05:31:17

  • Economic & Strategic Outlook– Oman (Mena Report)

    Global Investment House – Kuwait – Economic & Strategic Outlook– Oman - Macroeconomic Profile - Economic growth has been consistent for the past three years in the Sultanate. Policymakers in Oman have initiated reforms that aim for economic diversification and structural reforms.
    2007-08-30 09:17:49

  • Joshua approves budget, lowers tax rates (Cleburne Times-Review)

    The Joshua ISD school board approved a $42.571 million budget Monday for the 2007-08 school year.
    2007-08-29 11:00:57

  • Liquidators assess bankrupt Australian Basis fund

    Boston Globe - Non-bank Australian mortgage lender RAMS Home Loans Group Ltd. , which failed to roll over A$6.17 billion in short-term loans in the U.S. commercial market, has also seen its share price plummet. RAMS said it would refinance the outstanding ...
    2007-08-30 12:05:00

  • ResCap, labor talks weigh on GM

    CNBC - NEW YORK (AP) - Even as the crucial talks between General Motors Corp. and its unions continue to worry investors, some analysts warn of another danger lurking for GM's stock -- struggling home mortgage lender ResCap. Residential Capital, more ...
    2007-08-29 06:04:00

  • Credit crunch strangling small business?

    CNN Money - ... do - she scrounged for capital wherever she could find it, including in her home's equity. She took a $10,000 personal loan, got $13,000 from micro-lender ... from his mortgage broker on Aug. 3, telling him about the demise of American Home Mortgage ...
    2007-08-30 01:16:00

  • Ahead of the Bell: Countrywide Financial

    Forbes - ... analyst Moshe Orenbuch "dramatically tempered" his outlook for the Calabasas, Calif.-based mortgage lender. He ... Amid a flight to safety on Wall Street, many mortgage lenders are unable to sell home loans or investments secured by home loans.
    2007-08-30 12:19:00

  • Thornburg Offering Convertible Shares

    Houston Chronicle - SANTA FE, N.M. — Mortgage lender Thornburg Mortgage Inc. said Thursday it is offering up to $500 million in convertible ... The mortgage market has been in a state of upheaval for more than a month as jittery investors refuse to buy risky home ...
    2007-08-30 11:43:00

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