Mortgage and Financial News From 2008-1-13 Page 01

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  • The Sun's £25k Debt Factor

    The Sun - Mortgage rates have forced many to tighten their belts. Whatever the cause, if you are suffering a cash crisis, Debt Factor could be the answer to your prayers. To be in with a chance of claiming some of the lolly, just tell us in 100 words or ...
    2008-01-13 07:53:00

  • Clinton, Obama Battle Over Economy as Campaign Focus Shifts

    Bloomberg - Instead, she proposes to freeze subprime mortgage interest rates for five years and establish a 90-day moratorium on foreclosures. She also called for $30 billion to help states and cities ease the housing crisis. A Labor Department ...
    2008-01-13 09:55:00

  • Australian December job ads growth increases pressure for rate rise ...

    FXStreet.com - But it will be a difficult decision with the US economy on the brink of recession and major banks increasing their variable home loan mortgage rates in the past two weeks to absorb higher borrowing costs caused by the global credit market crisis ...
    2008-01-13 08:00:00

  • Housing gridlock in Will County: Buyers are scared, sellers stuck

    Chicago Tribune - And for those who bought recently, with little money down and mortgage rates climbing, just hanging on has become ever-tougher, even if they're fully employed. Will County is not the only thriving community with real estate problems, of course. But ...
    2008-01-13 02:31:00

  • Mortgage-Rate Reset Doesn't Need to Be a Crisis: John F. Wasik

    Bloomberg - Jan. 14 (Bloomberg) -- This will be a brave new year for U.S. homeowners with adjustable-rate loans. Terms will be tougher for the credit-challenged. Fewer bargain teaser rates will be offered. And for those facing higher resets on adjustable-rate ...
    2008-01-13 09:12:00

  • Banks treating Swan like a 'mug'

    News.com.au - THE country's major banks are treating new Federal Treasurer Wayne Swan like a "mug" by independently raising mortgage rates, the Opposition says. Australia's major banks last week increased their standard variable home loan rates by between 0.10 per ...
    2008-01-13 08:00:00

  • Forex - Dollar steady vs yen, euro ahead of US retail sales, other ... - Forbes

    Forex - Dollar steady vs yen, euro ahead of US retail sales, other ...Forbes, NY - 1 hour ago... interest rates on Feb 5 since the large Australian banks have raised variable mortgage interest rates in response to a rise in wholesale funding costs.'
    2008-01-13 09:51:53

  • Australian inflation jumps 0.6 % in December - FXstreet.com The Futures Market

    Australian inflation jumps 0.6 % in DecemberFXstreet.com The Futures Market, Spain - 1 hour agoUS financial firms are set to report earnings this week as investors worry about more US- mortgage related write downs. Merrill Lynch is expected to suffer ...
    2008-01-13 10:04:25

  • (UPDATE) Shares close weaker on US recession fears - Inquirer.net

    (UPDATE) Shares close weaker on US recession fearsInquirer.net, Philippines - 58 minutes agoMerrill Lynch might take a $15-billion hit from its exposure to soured subprime mortgage investments, according to The New York Times. ...
    2008-01-13 10:09:32

  • The New Zealand dollar followed what is becoming a familiar theme - FXstreet.com The Futures Market

    The New Zealand dollar followed what is becoming a familiar themeFXstreet.com The Futures Market, Spain - 56 minutes agoEquity markets were given some reason for comfort after Bank of America confirmed that it would pay $4bn for US mortgage lender Countrywide. ...
    2008-01-13 10:11:00

  • The US dollar was hurt by news of further US credit market losses ... - FXstreet.com The Futures Market

    The US dollar was hurt by news of further US credit market losses ...FXstreet.com The Futures Market, Spain - 56 minutes agoMerrill Lynch & Co. is expected to write down $15 billion from mortgage-related losses next week. The amount exceeds the $12 billion write down analysts ...
    2008-01-13 10:11:02

  • The Slumbering Politicians - New York Sun

    The Slumbering PoliticiansNew York Sun, NY - 56 minutes agoThe towering Federal Reserve chairman lifted interest rates even higher than the grotesquely high inflation rates of the day. On September 30, 1981, ...
    2008-01-13 10:11:16

  • Analysis: The world's housing markets in 2007 and 2008 - Business Intelligence Middle East (press release)

    Analysis: The world's housing markets in 2007 and 2008Business Intelligence Middle East (press release), United Arab Emirates - 44 minutes agoFrance has increased tax deductions on mortgage-loan interest rates, a measure expected to hold housing demand firm. Housing markets in several Asian ...
    2008-01-13 10:22:55

  • Lee office space overbuilt as economy slows - The News-Press

    Lee office space overbuilt as economy slowsThe News-Press, FL - 44 minutes agoIt had been much fun watching the office market values and occupancy rates climb steadily over the first half of this decade. But the second half is not fun ...
    2008-01-13 10:23:33

  • Through the top - FXstreet.com The Foreign Exchange Market

    Through the topFXstreet.com The Foreign Exchange Market, Spain - 36 minutes agoAnd now India is following China down the path of economic transformation, with growth rates approaching 9%. Last year developing countries accounted for ...
    2008-01-13 10:31:35

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