Mortgage and Financial News From 2007-9-30 Page 5
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Bank urged to cut rates (Channel 4)
Bank of England policymakers have been urged to cut interest rates this week in a bid to head off the threat of a sharp slowdown in the economy.
2007-09-30 06:01:26 -
SBI may reduce home loan rates (The Times of India)
With better liquidity, State Bank of India is considering to cut interest rates on home loan.
2007-09-30 12:22:09 -
Demand for rates cut to head off an economic slowdown (The Scotsman: Business)
BANK of England policymakers are being urged to cut interest rates this week in a bid to head off the threat of a sharp slowdown in the economy.
2007-09-30 05:03:22 -
American online lender goes to wall
Age - FAILING sub-prime mortgages have claimed their first US bank — online lender NetBank was shut down by US Government regulators at the weekend. Soaring defaults of home loans given to poor-quality borrowers in the US have closed dozens of mortgage ...
2007-09-30 11:59:00 -
AWB, Commonwealth Bank, Gunns, Swick: Australian Stock Preview
Bloomberg - ... recovery from losses spurred by subprime-mortgage defaults. In July and August, the S&P 500 had the largest slump in four years. ... The Melbourne-based lender confirmed it will ...
2007-09-30 04:16:00 -
Countrywide's Deposits Rise; Lender Says It Is 'Very Stable'
Wall Street Journal - Countrywide, the largest U.S. home-mortgage lender in terms of loan volume, tapped an $11.5 billion backup line of credit in mid-August after the disruption of its two usual sources of short-term funds: sales of mortgage-backed securities and ...
2007-09-28 05:59:00 -
Legg Mason Value Fund Manager Shifts Focus to Bigger Companies
Washington Post - Miller has been hurt by falling housing-related stocks, which he started buying about 18 months ago, including mortgage lender Countrywide Financial and builders Pulte Homes and KB Home . Countrywide's shares have slumped 56 percent this year. Pulte ...
2007-09-30 10:54:00 -
Mortgage market healthy despite subprime crisis
Baltimore Sun - Even in his part of the country, where home prices are rising, "a lot of people think that the mortgage market is in much worse shape" than it actually is ... loans, for example, often require two appraisals - one by an appraiser selected by the lender ...
2007-09-30 12:27:00 -
Britain to increase protection for bank deposits
Globe and Mail - Home National British Columbia Prairies Ontario Quebec Atlantic Politics World Americas Europe Asia-Pacific Africa-Mideast Report ... Thousands of panicked savers queued to get their money out of Britain's fifth-biggest mortgage lender after it had to seek ...
2007-09-30 04:45:00 -
Weekly Home Loan Report: 1-7 October, 2007 (Stuff)
Homeloan rates are continuing to move in the right direction for anyone seeking a mortgage at the moment. But it is still too early to declare that a new mortgage war has broken out.
2007-09-30 02:49:27 -
American online lender goes to wall (The Age)
Failing sub-prime mortgages have claimed their first US bank - online lender NetBank was shut down by US Government regulators at the weekend.
2007-09-30 06:57:54 -
We're in for deep trouble
Cincinnati Post - Wall Street has been breathing a sigh of relief since the Federal Reserve cut interest rates last week by a half a percentage point. The Dow Jones average has regained much of the ground it lost in July and August - including a 336-point jump the ...
2007-09-28 06:03:00 -
TIPS help conservative investors beat inflation
Lowell Sun - However, for all the marketing hype from banks about their great CD rates, they can actually be a great way to lose money ... High interest rates attract investors to bank certificates of deposit. However, investors often overlook and misunderstand "real ...
2007-09-30 03:34:00 -
What causes autism?
Ottawa Citizen - We recognize there is considerable public interest in this issue, and therefore support additional research regarding this ... As well, public health statistics in Texas show that the largest increase in rates of autism took place in counties that ...
2007-09-30 09:50:00 -
SBI may lower housing loan rates
Chennai Online - New Delhi, Sept 30: Hoping that Reserve Bank of India will bring down interest rates in its upcoming policy review, State Bank of India (SBI) today said it could give discount to new housing credit seekers in the festival season and might cut home ...
2007-09-30 06:22:00