Mortgage and Financial News From 2007-8-24 Page 16

RSS Feed

Previous Day: 2007-08-23

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 20 21 - 40

  • Silver lining of mortgage crisis: Higher savings rates from lenders (Austin American-Statesman)

    You might not be able to get a mortgage from Countrywide Financial Corp., but the troubled lender, the nation's largest seller of home mortgages, will pay you substantially higher rates than many other banks on savings accounts and certificates of deposits.
    2007-08-24 05:07:00

  • Faith community pushes for interest rate cap on payday lenders

    WAVY News 10 - RICHMOND, Va. (AP) - Some in the faith community are calling on legislators to support a 36% annual interest rate cap on payday lenders. The campaign seeks to involve churches of every denomination. They hope to pressure lawmakers to repeal the 2002 ...
    2007-08-23 08:34:00

  • Fed adds more cash, Japan balks at rate increase

    Globe and Mail - Earlier, the Bank of Japan balked at an interest rate increase that had been considered a near-certainty as recently as last month, warning that global financial turmoil would take time to settle. The head of the biggest U.S. mortgage lender, however ...
    2007-08-23 09:17:00

  • Dollar falls against euro on ECB rate expectations; yen slips

    Lanka Business Online - NEW YORK, Aug 23, 2007 (AFP) - The dollar traded mainly lower Thursday as the euro gained ground on heightened expectations of an interest rate hike next month by the European Central Bank. But the greenback firmed against the yen, which came under ...
    2007-08-24 12:16:00

  • Chinese stocks rise, shrugging off interest rate hike

    International Herald Tribune - SHANGHAI: Chinese stocks reversed early declines to surge higher Wednesday, after Beijing's latest interest rate hike failed to damp buying. The benchmark Shanghai Composite Index rose 0.84 percent, or 42.55 points, to 4,996.76 by early afternoon ...
    2007-08-22 05:40:00

  • Banks borrow more from Fed discount window

    MSNBC - This important interest rate has stood at 5.25 percent for more than a year. This is the rate of interest that banks charge each other on overnight loans and is the central bank’s main lever to influence economic activity. A cut in the funds rate ...
    2007-08-23 11:40:00

  • Wall Street looks to Fed for rate cut

    Detroit News - Analysts say Reserve Board needs to lower interest mark soon if credit crunch continues. WASHINGTON -- Wall Street thinks the Federal Reserve is running short of time. Most lenders and investors remain fearful of all but the very safest Treasury ...
    2007-08-23 09:50:00

  • CREDIT WRAPUP 5-Fed adds more cash, BOJ demurs at rate hike

    Reuters - ... the banking system and the European Central Bank was inundated with demand for fresh cash in a money-market tender as the two central banks again took steps to shore up wobbly credit markets. Earlier, the Bank of Japan balked at an interest rate ...
    2007-08-23 10:21:00

  • Europe housing prices drag on interest rate hikes by central banks - S ...

    Forbes - MUMBAI (Thomson Financial) - Standard & Poor's said the spate of interest rate rises by central banks is exacting its toll on disposable incomes already weighed by rising household indebtedness, with a consequential drag on house prices. S&P said it ...
    2007-08-23 12:06:00

  • Pound, euro edge higher against US dollar on interest rate ...

    International Herald Tribune - FRANKFURT, Germany: The euro and the pound continued to edge higher against the U.S. dollar Thursday as sentiment remained mixed that a worldwide credit crunch could still trigger an interest rate rise in the euro zone while holding rates steady in ...
    2007-08-23 09:57:00

  • Bank of China chairman calls central bank interest rate hikes positive

    Forbes - BEIJING (XFN-ASIA) - Recent interest rate hikes imposed by the central bank have actually been positive for the Bank of China even though the interest rate spread has narrowed, bank chairman Xiao Gang said. He told reporters that the bank's income ...
    2007-08-23 12:56:00

  • Fitch to Rate $900MM Long Beach Bond Fin Auth Natural Gas Purchase Rev ...

    Forbes - With respect to any variable-rate 2007 bonds issued, the authority will enter into matched floating-to-fixed interest rate swaps with Merrill Lynch Capital Services Inc.(MLCS), to synthetically fix its net interest rate expense on the floating-rate ...
    2007-08-23 07:15:00

  • Bank of Japan keeps interest rate steady

    International Herald Tribune - TOKYO: The Bank of Japan, the country's central bank, kept interest rates unchanged Thursday in the wake of worries about a U.S. credit crisis that triggered turmoil on global markets, but the bank warned that it could not keep rates low forever ...
    2007-08-23 12:27:00

  • More interest in tax?

    BBC News - Most rates are being increased by about twice as much as this year's Bank of England rate increase, which might be seen as opportunistic. However, HMRC do not have a policy of following the Bank of England, and instead make changes when they believe ...
    2007-08-23 09:24:00

  • Interest rate hikes an effective economic tool

    China Daily - For the fourth time this year, the People's Bank of China, the central bank, raised interests rates on Wednesday. The interest rate on bank deposits was raised by 27 basis points, and the lending rate by 18 basis points. After the hikes, the ...
    2007-08-24 01:27:00

Page:  01 2 3 4 5 6 7 8 9 10 11 12 13 14 15
 16 17 18 19 20 21 - 40