Mortgage and Financial News From 2008-3-8 Page 3

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  • Dollar Falls to Record Low Against Euro Before U.S. Jobs Report

    Bloomberg - Calculations by JPMorgan Chase & Co. based on interest-rate swaps showed a 71 percent chance it will lower rates by the end of December. Hands Are Tied
    2008-03-06 09:56:00

  • ECB, BoE keep rates unchanged

    BusinessWeek - While the United States has seen a steady flow of worrying economic data, and the Federal Reserve has chopped its own benchmark interest rate several times to just 3 percent, Trichet said "the economic fundamentals of the euro area are sound.
    2008-03-06 01:28:00

  • Jobless Rate in U.S. Probably Rose in February to Two-Year High

    Bloomberg - Investors project the Fed will lower the benchmark interest rate by at least half a point between now and the end of its next meeting on March 18, futures prices show.
    2008-03-06 09:13:00

  • Some Fund Losers Surprise Investors

    Wall Street Journal - Conservative investors often buy such funds because they carry little interest-rate risk: Rates on bank loans reset every two months or so. In contrast, the rates on most bonds are fixed until maturity; as a result, when rates in the marketplace rise ...
    2008-03-08 08:35:00

  • Hong Kong shares open sharply lower on credit fears, China rate hike

    Forbes - Investors were also discouraged to buy shares after China's central bank governor warned of more interest rate hikes ahead to bring down the nation's 11-year high inflation rate.
    2008-03-05 03:59:00

  • No mercy for homeowners

    News.com.au - A lot of the blame does fall to the buyers particularly the ones facing repossesion after only a couple of interest rate rises as they should have been more careful but wasn't Kevin Rudd supposed to fix all this - instead we have allowances being cut ...
    2008-03-08 04:17:00

  • Bank of Korea keeps interest rate steady for the seventh straight ...

    Forbes - SEOUL (Thomson Financial) - South Korea's central bank left its key interest rate unchanged at 5.0 percent for the seventh straight month on Friday as it continued to strike a balance between managing economic growth and curbing inflationary ...
    2008-03-05 03:59:00

  • Job ads hit hard by rate rises

    The Australian - A VOLATILE share market and rising interest rates have contributed to a dent in job growth in February, new figures show. The Olivier Job Index, which records the number of jobs advertised, has fallen for the first time in three years. Job ads in ...
    2008-03-08 07:45:00

  • Housing shortage worsens

    News.com.au - INTEREST rate rises are failing to halt Queensland's property boom as a chronic housing shortage drives values to record levels. It's welcome news for people who already own a home, with property values set to grow between 5 and 10 per cent this year ...
    2008-03-08 05:57:00

  • Snowy tour shows off dilapidated buildings (The Journal Times)

    MOUNT PLEASANT — Perhaps the March snow affected the turnout, said David Hazen, chief financial officer for the Racine School District.
    2008-03-08 08:22:46

  • Double Your Savings Rate Today! (The Motley Fool)

    Although the Bank of England has cut the base rate to 5.25%, these savings accounts pay at least 6.3% a year.
    2008-03-08 08:33:15

  • Outcome of bills of interest (Charleston Daily Mail)

    AIRCRAFT TAXES (SB265): The Legislature passed Gov. Joe Manchin's bill to slash property taxes on commercial and corporate aircraft. BUDGET (SB150): The House and Senate have proposed general revenue spending below the $3.9 billion recommended by Manchin.
    2008-03-08 08:38:45

  • MORE TEXT MESSAGES REVEALED: Mayor's pal got inside scoop on contracts (Detroit Free Press)

    A close friend of Detroit Mayor Kwame Kilpatrick won millions of dollars in city contracts while secretly consulting with the mayor's top aide, according to records and text messages obtained by the Free Press.
    2008-03-08 08:39:18

  • Business briefs for Feb. 17 (Rapid City Journal)

    Small Business Administration launches rural lender program
    2008-03-08 08:40:12

  • Eight Ways To Be A Better Borrower (The Motley Fool)

    We cover nasty credit-card tricks, debt consolidation and credit limits, amongst other things. Five other things, to be exact.
    2008-03-08 08:58:13

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