Mortgage and Financial News From 2008-7-28 Page 9
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Who Wants Low Mortgage Rates? - Best Syndication
Who doesn't want low mortgage rates? A low mortgage interest rate means spending less on your monthly payments during the course of the mortgage. A low mortgage rate can save homebuyers like you several thousand dollars. A low mortgage rate means ...
2008-07-27 02:01:00 -
Home sales holding steady (Abilene Reporter-News)
It seems you can't read a newspaper without a story about the country's embattled real estate market -- and local real estate agents aren't happy about it.
2008-07-26 05:17:00 -
Gold: $2011 by 2011 (Kitco.com)
(June 9th 2008) - In the month of April 2004, when the price of gold averaged $408, I wrote and published an article entitled "The Perfect Golden Storm."
2008-07-28 07:59:34 -
How to Get a Mortgage in Today's Market (Richfield Reaper)
(ARA) - Whether you're buying your first home or looking for a larger home, now may be the time to act. Not only do interest rates remain relatively low, in many markets you can get much more house for your money than you could just a few years ago.
2008-07-28 09:32:24 -
U.S. stocks fall after poor earnings report - International Herald Tribune
NEW YORK : Most U.S. stocks declined Monday, led by telephone and consumer companies, after Verizon Communications Inc. reported a bigger-than-estimated decrease in home phone lines and Tyson Foods Inc. posted a 92 percent drop in profit. Verizon ...
2008-07-28 08:09:00 -
NAB hit by a Triple-A whammy - News.com.au
THERE'S something punishingly ironic in a bank facing a credit rating downgrade for losing money on investments the same rating agency classed as Triple-A. National Australia Bank has been placed on 'credit watch negative' after its announcement on ...
2008-07-28 07:48:00 -
Hedge Funds May Post Worst Month in 5 Years as Bank Bets Sour - Bloomberg
July 28 (Bloomberg) -- Hedge funds may post their worst month in at least five years after bets on financial stocks falling and on crude oil rising backfired. Hedge Fund Research Inc. 's Global Hedge Fund Index of more than 55 funds slid 3.2 percent ...
2008-07-28 05:18:00 -
Bank of America slips as analyst cuts forecast - Forbes
Bank of America Corp. shares edged lower Monday after a Stifel, Nicolaus & Co. analyst cut his full-year profit estimate on the bank, citing concern over continued deterioration in the company's consumer loan portfolio. Shares lost 50 cents to $29.08 ...
2008-07-28 09:00:00 -
UPDATE 1-Russia cuts exposure to Freddie, Fannie-c.bank - CNBC
MOSCOW July 28 (Reuters) - Russia has cut its exposure to U.S. mortgage lenders Fannie Mae and Freddie Mac to less than $50 billion by not refinancing matured short-term debt, a senior central bank official told Reuters on Monday ...
2008-07-28 08:45:00 -
U.S. Stock-Index Futures Fall; Boeing Drops, Fannie Mae Gains - Bloomberg
July 28 (Bloomberg) -- U.S. stock-index futures declined as rebounding oil prices weighed on industrial shares, overshadowing gains in Fannie Mae and Freddie Mac after Congress passed legislation to aid the mortgage-finance companies. Boeing Co., the ...
2008-07-28 04:35:00 -
Iran's c.bank sees no need to change rial rate policy - Guardian Unlimited
TEHRAN, July 28 (Reuters) - Iran's central bank sees no need to change the country's managed floating exchange rate policy, media reported on Monday, after a minister said the government was studying strengthening the rial against the dollar. The ...
2008-07-28 04:35:00 -
Credit crunch 'still worsening' - BBC News
In April, the IMF said that banks and other financial institutions could lose $1 trillion (£503bn) from the credit crisis as mortgage-backed assets lost most of their value - and it is still sticking to that estimate. The current report says that ...
2008-07-28 06:15:00 -
Cape restaurants closing shop - Star
Scores of restaurants across the Western province have shut their doors as rising costs linked to interest rates and food price rises take hold. So far this year, Western Cape Auctioneers in Brackenfell, a specialist in auctioning catering equipment ...
2008-07-28 05:18:00 -
Nagpur Soybean, Soyoil, Soymeal Open-July 28 - Reuters India
Nagpur, July 28 (Reuters) Select edible oil prices opened on weak note in Vidarbha region of Western Mahasrashtra on lack of local buying interest coupled with stockists offerings at current rates. Fresh fall in Madhya Pradesh soya oil and profit ...
2008-07-28 01:43:00 -
Assocham asks RBI to maintain interest rates - Commodity Online
NEW DELHI: Assocham, an industry body has urged the Reserve Bank of India to maintain current interest rates as it said any altercation in the interest level would derail India Inc plans for industrial expansion. Assocham President Sajjan Jindal said ...
2008-07-28 04:42:00
