Mortgage and Financial News From 2007-9-30 Page 3

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  • Euro Swaption Volatility Declines as Steady ECB Rates Expected

    Bloomberg - Oct. 1 (Bloomberg) -- Volatility on options for interest- rate swaps in Europe fell to a six-week low as investors bet the European Central Bank won't follow last month's Federal Reserve interest-rate cut by lowering borrowing costs. Falling demand ...
    2007-09-30 04:45:00
  • 4th quarter usually hot for stocks

    USA Today - NEW YORK — Shock therapy in the form of interest-rate cuts rescued a wobbly Wall Street in a volatile third quarter. History could provide the next big lift for stock investors in the final three months of 2007. The record books show that the ...
    2007-09-30 05:57:00
  • Australian, N.Z. Dollars Gain; Rate Advantage Lures Investors

    Bloomberg - Oct. 1 (Bloomberg) -- The Australian dollar rose to an 18- year high and New Zealand's currency gained to its strongest in more than seven weeks on speculation the countries' central banks won't follow the Federal Reserve in cutting interest rates ...
    2007-09-30 05:14:00
  • Manila c.bank wary of inflation ahead of rate meet (Reuters via Yahoo! Malaysia News)

    MANILA, Sept 30 - The Philippine central bank is concerned about high oil and food prices, according to senior officials, with one saying any interest rate cuts might not curb inflation-stoking foreign exchange inflows.
    2007-09-30 04:00:17
  • NRI deposits dip 33% due to rate ceiling, weak dollar (Indian Express Finance via Yahoo! India News)

    Non-resident Indian deposits which were rising for the last several quarters have fallen during the quarter April-June 2007. According to the Reserve Bank of India (RBI), NRI deposits dipped by over $400 million during the quarter as against an inflow of $1.2 billion in the same period of last year. This follows the reduction in interest rate ceiling in FCNR (B) and NRE deposits during the ...
    2007-09-30 01:53:08
  • Take my advice and listen to the words of the wise

    Scotland on Sunday Online - If this coincides with a period when interest rates are rising, the effects can ... by the fact that so many are prepared to pay vast amounts of money into a mortgage ... I know the arguments for bricks and mortar, but if you compare prices on the stock ...
    2007-09-30 06:22:00
  • Snap election 'will cause chaos'

    Scotsman - Most of the mortgage debt in the UK is financed by overseas MONEY. A report recently described that Gordon Broon was ignoring ... Have a look at the invigoration that individual Irish People have and compare it to those of the North. The UK is nothing ...
    2007-09-30 04:45:00
  • Hellenic News of America

    Hellenic News - ... of speakers which included Anthony Beldecos, Esq., a Philadelphia attorney and Dimitrios Stavropoulos, Esq., of Athens, Greece, Chris Koutsis, senior VP at Marathon Bank, NY, John Chrissomalis, Remax Realty US, Steve Mavroulis, Fidelity Home mortgage ...
    2007-09-30 02:08:00
  • Funds plan to join Knight Vinke lobbying against HSBC

    South China Morning Post - It blamed management for poor returns on the bank's acquisitions in the US home mortgage market and the French commercial banking sector, leading to missed opportunities in high-growth Asia. HSBC has countered that it remains committed to the Asia ...
    2007-09-30 02:51:00
  • Home "flippers" were following American Dream

    Reuters - Speculators who bought multiple homes like Zenie were once a boon to the U.S. economy when they pushed home prices to ... Federal Reserve's half percentage point interest rate cut will do more to stimulate inflation than to slice long-term mortgage ...
    2007-09-30 05:35:00
  • Manufacturers, Exporters, SK Energy: South Korea Equity Preview

    Bloomberg - The Mortgage Insurance Companies of America said on Sept. 28 that defaults on privately insured home loans in the U.S. climbed 30 percent last month from year-earlier levels. Federal Reserve Bank of St. Louis President William Poole said on ...
    2007-09-30 04:59:00
  • Six Fingers of Blame in the Mortgage Mess

    New York Times - This mortgage can be dangerous to your family’s financial health.”) While I applaud the effort, I’m skeptical that it will work. If you have ever closed on a home, you know that the disclosure forms you receive are copious and dense. Should we ...
    2007-09-30 05:35:00
  • New IMF chief has a long ‘to do' list

    Globe and Mail - Home   National British Columbia Prairies Ontario Quebec Atlantic Politics World Americas Europe Asia-Pacific Africa-Mideast Report on ... crises on the IMF's agenda, he cited the squeeze on global credit markets which began with problems in the sub-prime mortgage ...
    2007-09-30 02:08:00
  • Wounded Iraq soldiers also face financial troubles at home

    KTRK - The disability payments don't cover the $5,700-a-month cost of his adjustable home mortgage and equity loans. He owes more on his house than its market value, so he can't sell it but he may soon lose it to the bank. "I love this house. It makes me ...
    2007-09-30 10:26:00
  • Mortgage holders fearful over interest rates (The New Zealand Herald)

    Two-thirds of people with mortgages are worried about rising interest rates, according to a survey by Research New Zealand. The poll found rising home loan interest rates were a concern for 68 per cent of those with mortgages, with 24 per cent being very concerned and 44 per cent somewhat concerned.
    2007-09-30 04:04:36