Mortgage and Financial News From 2007-12-18 Page 28
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PRESS DIGEST - Wall Street Journal - Dec 18
Reuters - Federal Reserve might be wise to avoid saying whether weak growth or inflation is the principal focus of its interest-rate ... Vladimir Putin confirmed he would become prime minister under the loyalist he is backing to succeed him as president in ...
2007-12-18 12:21:00 -
Market turmoil averting rate hike: RBA
The Australian - THE economy is set to grow at its fastest rate in 20 years and the only thing averting a rates ... However, the financial turmoil flowing from US sub-prime mortgage lending had independently raised market interest rates. “To date, lenders had largely ...
2007-12-17 11:31:00 -
U.K. inflation unchanged at 2.1 percent, above government target
CNBC - The underlying Retail Prices Index, which excludes mortgage interest payments, was at 3.2 percent in November, up from 3 ... Despite inflationary pressures, the Bank of England lowered its prime lending rate earlier this month by a quarter percentage ...
2007-12-18 02:23:00 -
New home-equity loan is for adoptive parents
Herald Tribune - Once the loan is made, the interest rate fluctuates according to the prime interest rate. Whatever interest rate an applicant qualifies for, Chase discounts that rate by a full percentage point for New Additions customers for the first six months. ...
2007-12-18 01:18:00 -
Prime Minister holds meeting on rupee, interest rates ...
Earthtimes - New Delhi, Dec 18 - Prime Minister Manmohan Singh Tuesday chaired a meeting on the ... to address the problem of the rising rupee without impacting inflation and interest ... comfort from the fact that the Indian economy was growing at an impressive rate ...
2007-12-18 02:30:00 -
ECB offers banks fixed-rate funds to increase liquidity
Economic Times - Resurgent inflation has also been a concern of investors, who fear it will limit the ability of central banks to cut prime interest rates to boost economies. In the United States the 12-month inflation rate hit 4.3 percent in November, the ...
2007-12-17 09:08:00 -
Veteran credit counseling service to join subprime counterattack
San Francisco Examiner - There are an estimated 7.2 million Americans who hold subprime mortgages; and President Bush has asked Congress for $170 million to fund ramped-up alliance qualifying of those presented for possible restructuring or a five-year interest rate freeze. ...
2007-12-17 11:31:00 -
Zuma arrives to cast his vote
Talk Radio 702 - Putin says he’s ready to become prime minister 18/12/2007 06:55:31 Vladimir Putin says he's ready to become the country's prime minister if his close ally Dimitri Medvedev succeeds him as president. It gives Putin a way to keep a grip on power after ...
2007-12-18 01:40:00 -
February rate rise likely, RBA minutes show
News.com.au - How come before & during the election, interest rate rises were all John Howards fault? Nothing to do with the ecomony?.....I hear no mention of anything to do with the Prime Minister now..... Posted by: Leonie of Lobethal 12:28pm today
2007-12-17 06:30:00 -
FINANCIAL OUTLOOK 2008
Daily Telegraph - ... safer haven' amid the sub-prime crisis in the US, although the protracted nature of the sub-prime fallout means investors in Asia need to sharpen their geographical focus for 2008. Investors are likely to be better served by the US interest rate ...
2007-12-18 02:16:00 -
Prime Minister holds meeting on rupee, interest rates (EARTHtimes.org)
New Delhi, Dec 18 - Prime Minister Manmohan Singh Tuesday chaired a meeting on the impact of the rising rupee on the Indian economy, especially exports, and directed concerned officials to come up with concrete solutions on the matter.
2007-12-18 02:32:58 -
Prime Minister holds meeting on rupee, interest rates (IANS via Yahoo! India News)
New Delhi, Dec 18 (IANS) Prime Minister Manmohan Singh Tuesday chaired a meeting on the impact of the rising rupee on the Indian economy, especially exports, and directed concerned officials to come up with concrete solutions on the matter.
2007-12-18 01:54:29 -
Australian share market in the red
News.com.au - Australia's second largest shopping centre owner has become the latest local victim of the global credit squeeze, after it was unable to refinance about $1.3 billion of maturing debt. Overall, market turnover was 1.3 billion shares worth $3.5 billion ...
2007-12-17 09:58:00 -
Paulson Defends Plan To Prevent Foreclosures
Washington Post - Legislation to make the Federal Housing Administration better able to help people refinance into government-insured loans is almost complete, for example. And the Treasury secretary gave the clearest indication to date that the Bush administration ...
2007-12-17 09:22:00 -
Fed shrugged as subprime crisis spread
International Herald Tribune - Fed officials are expected to demand that lenders document a person's income and ability to repay the loan, and they may well restrict practices that make it hard for borrowers to see hidden fees or refinance with cheaper mortgages. It is an action ...
2007-12-17 10:48:00