Mortgage and Financial News From 2007-10-11 Page 4

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  • Bonds End Lower on Strong Labor Data

    Forbes - ... the view that inflation concerns will keep the Federal Reserve from reducing interest ... bill rose to 4.12 percent from 3.69 percent Wednesday and the discount rate ... in risk aversion as investors sought cover from the shakeout in the below prime ...
    2007-10-11 02:38:00

  • Jobs Central: SA leads nation

    News.com.au - The buoyant jobs market is good news for the Federal Government, coming just days before Prime Minister John Howard is ... Are they responsible for the fact that we've had five interest rate rises in a row or not." He accused the Government of riding ...
    2007-10-11 04:32:00

  • Japan: No clear guidance for next rate hike

    FXStreet.com - Home > Fundamental > Interest Rates > Japan: No clear guidance for next rate hike Send Print Add To Rss Japan: No clear guidance for next rate hike ... However, Fukui noted "...The impact of sub-prime turmoil in the US on global growth has been limited ...
    2007-10-11 06:52:00

  • BoJ holds interest rates steady

    Financial Times - The upgrade amounted to a vote of confidence in Yasuo Fukuda, the new prime minister, who Moody’s said was likely to ... government to meet its goal of balancing the general budget by 2011. ● South Korea’s central bank kept its key interest rate at ...
    2007-10-11 10:27:00

  • SUBPRIME SNUFFS UBS EXECS

    New York Post - UBS fired David Martin, its head of interest-rate trading - which includes the bank's high-profile mortgage and asset-backed trading operations - after the firm posted a quarterly loss due to its massive exposure to several collapsed areas of the ...
    2007-10-11 04:51:00

  • Howard says millions back his no apology position

    News.com.au - But the Prime Minister today ruled out an apology, saying millions of non-indigenous people would never entertain such a ... Decide whether he is or isn't responsible for all the interest rate rises since last election? BAAAHHH! Posted by: paulm of ...
    2007-10-11 06:34:00

  • Fred Thompson is no Ronald Reagan

    Seattle Post Intelligencer - And he knew the name of the prime minister of Canada! No question, this man is ... were, debating in Michigan, the state with the highest unemployment rate in the ... Perrier-drinking, Grey Poupon-spreading millionaire, Washington special interest ...
    2007-10-11 05:01:00

  • Australia’s jobs figure spurs rate rise prospect

    Financial Times - ... low of 4.2 per cent in September, data showed on Thursday, fuelling expectations of a politically sensitive rise in interest rates on the eve of a federal election announcement. The monthly jobless rate is a mixed blessing for John Howard, the prime ...
    2007-10-11 10:27:00

  • Interest rates up another 0.5%

    Sunday Times South Africa - Big four banks have raised prime overdraft rate for home and other loans to 14percent. Households are not tightening their belts enough, according to the Reserve Bank’s Monetary Policy Committee, which voted yesterday for its seventh 0.5percentage ...
    2007-10-11 04:54:00

  • Borrowers to feel impact of interest rate hike

    Talk Radio 702 - Borrowers will be paying more for money soon, this after the SA Reserve Bank announced it's raising the repo rate by fifty basis points to 10.5%. This means interest rates will go up by the same amount to 14%. People who have home loans will now pay ...
    2007-10-11 02:45:00

  • 401(k) loans come with caveats

    USA Today - Many are just 1 or 2 percentage points above the prime rate. And the interest you pay goes to yourself. •There won't be any surprises. That's a plus, especially in light of the many homeowners who have adjustable-rate mortgages that began at low ...
    2007-10-11 05:29:00

  • Is Google Taking Political Sides?

    FOX News - Carter's White House run concluded with a 13.5 percent inflation rate — a 7.1 jobless rate — and a prime interest rate of 21.5 percent. He left the White House with 52 American hostages in Iran for 444 days. But he tells XM Radio he would change ...
    2007-10-11 05:36:00

  • AmeriCredit Announces $1 Billion Prime/Near-Prime Asset-Backed ...

    Forbes - The securities will be issued via an owner trust, AmeriCredit Prime Automobile Receivables Trust 2007-2-M, in six classes of Notes: Note Class Amount Average Life Price Interest Rate ...
    2007-10-11 03:13:00

  • Fed Preparing New Subprime Regulations

    Forbes - Last month the Mortgage Bankers Association said the rate of mortgages going into foreclosure hit a record in the second ... Subprime adjustable-rate mortgages (ARMs), in which mortgage rates are reset according to changes in interest rates, are the ...
    2007-10-11 05:29:00

  • Rate hike sparks anger, dissapointment (The Star)

    The latest interest rate hike of 50 basis points evoked surprise, anger and disappointment on Thursday. "This policy will have a disastrous impact on the people of South Africa," warned the Congress of SA Trade Unions (Cosatu).
    2007-10-11 11:40:20

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