Mortgage and Financial News From 2007-11-4 Page 5

RSS Feed

Previous Day: 2007-11-03

Return to the mortgage news archive home.

  • DIARY: It's Interest Rates (Australasian Investment Review via Yahoo!7 Finance)

    Only two things matter this week and both occur tomorrow. There's the Melbourne Cup and there's the Reserve Bank Board meeting in Sydney. Wednesday many of us will awaken with a hangover, or feeling a bit seedy, light of pocket, and at 9.30 pm, that feeling will worsen when the RBA reveals its interest rate decision. The election and business will all be changed by the announcement. Friday's ...
    2007-11-04 01:26:00
  • ETF INVESTING: Credit Market Concerns Rattle Financials, Home Builder ...

    Beurs.nl - Credit Market Concerns Rattle Financials, Home Builder ETFs Maandag 05 November ... while the Federal Reserve hinted it may be through cutting interest rates in the ... Fear dominates the pricing of housing stocks, of mortgage-related securities, of ...
    2007-11-04 05:12:00
  • WEEKEND EDITION: Scarcity, Cost Of Jumbo Mortgages Portend Big Home ...

    Beurs.nl - Reflecting investors' contempt, rates on jumbo loans remain far higher than for conventional loans. Last ... If the jumbo-mortgage segment doesn't bounce back, home sales will slow even more than they have and prices could continue to fall.
    2007-11-04 05:12:00
  • Concern as carbon levels up 35% faster than forecast

    Scotsman - We all pay for rich people to have these vehicles, because it affects Britain's balance of payments, and therefore the interest rates on absolutely everything, including your home mortgage. The poor are subsidising the rich. There are two possible ...
    2007-11-04 06:31:00
  • World's top banker resigns over £3bn loss

    This is London - ... last week the rumour mill was suggesting problems at Barclays, whose share price is at its lowest ... authorities cut interest rates last week and this week the Bank of England will meet to set rates here. Although it is under pressure to help mortgage ...
    2007-11-04 03:47:00
  • Reverse mortgages on the rise

    News.com.au - Reverse mortgages are also known by names such as equity release, lifetime mortgage and seniors ... Some lenders are already lowering their rates. A recent survey by research group Cannex found the lowest variable rate available among 17 institutions ...
    2007-11-04 05:52:00
  • Services Probably Expanded at Slower Pace: U.S. Economy Preview

    Bloomberg - The group's factory index, released on Nov. 1, fell to 50.9 in October, the lowest ... Growth forecasts have been scaled back since a jump in subprime mortgage defaults ... The report may give the Fed margin to lower interest rates again should growth ...
    2007-11-04 07:11:00
  • Should our local authorities build council houses again?

    Scotsman - ... are called "shared equity schemes", where tenants buy part of a house with a mortgage ... pay more in council tax as rents will be subsidised through council tax rates. ... with the chancers AND the landlords, whren I was a tenant in Midlothian (lowest ...
    2007-11-04 06:31:00
  • Two-Year Treasury Yields Near 2005 Low as Citigroup CEO Resigns

    Bloomberg - Treasuries were little changed, with two-year yields near their lowest since 2005 ... year notes, more sensitive than longer- maturity debt to changes in interest rates ... will take an additional $8 billion to $11 billion in writedowns related to mortgage ...
    2007-11-03 05:59:00
  • Jim Rogers Says Bernanke Is `A Nut' for Cutting Rates (Update3)

    Bloomberg - Jim Rogers Says Bernanke Is `A Nut' for Cutting Rates (Update3) By Betty Liu and ... tumbled 14 percent as a group this year after a collapse in the subprime mortgage ... which last month said third-quarter earnings fell 57 percent, tumbled to the lowest ...
    2007-11-01 05:55:00
  • Boom town becomes blackspot as house price growth stalls

    Guardian Unlimited - Last week the Council for Mortgage Lenders announced that approvals fell to their lowest level for two years and warned that repossessions could rise by ... Vendors have been deterred, agents said, by a combination of high interest rates, the bad press ...
    2007-11-04 04:37:00
  • A rate cut must come but in troubled times it won’t be this side of ...

    Times Online - ... in a state of permanent seizure, it ought to be easier for the MPC to make its decision on interest rates at ... A downturn in the housing market seemed to have begun this month, with the news that mortgage approvals fell to their lowest level for two ...
    2007-11-04 05:05:00
  • Some BOJ Members Said Low Rates Caused Subprime Rout (Update1)

    Bloomberg - Nov. 5 (Bloomberg) -- Bank of Japan board members said the U.S. subprime mortgage collapse was caused by keeping interest rates too low, signaling their intention to increase the world's lowest borrowing costs to prevent investment bubbles. Some of ...
    2007-11-03 05:59:00
  • Some BOJ Members Said Low Rates Caused Subprime Rout (Update1) (Bloomberg.com)

    Nov. 5 (Bloomberg) -- Bank of Japan board members said the U.S. subprime mortgage collapse was caused by keeping interest rates too low, signaling their intention to increase the world's lowest borrowing costs to prevent investment bubbles.
    2007-11-04 05:36:10
  • BOJ Members Said Low Rates Caused Subprime-Loan Rout (Update2) (Bloomberg.com)

    Nov. 5 (Bloomberg) -- Bank of Japan policy makers said the U.S. subprime mortgage collapse was caused by keeping interest rates too low, signaling their intention to increase the world's lowest borrowing costs to prevent investment bubbles.
    2007-11-04 06:58:11