Mortgage and Financial News From 2007-8-29 Page 14

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  • US Dollar: Risk Aversion Returns as Stocks Fall Over 280 Points, Fed Needs to Cut Rates (Daily FX)

    US Dollar: Risk Aversion Returns as Stocks Fall Over 280 Points, Fed Needs to Cut Rates What happened to summer range trading? On Friday and Monday, everyone talked about how the markets would be completely dead with many UK and US traders taking the entire week off.
    2007-08-28 09:56:54

  • Statewide Bancorp Now Offers a Mortgage that Provides Financial Security for Seniors (PRWeb via Yahoo! News)

    Homeowners in their golden years will soon have relief from rising expenses, and it's coming from a familiar source: their homes. Statewide Bancorp is now offering Reverse Mortgage's with loans up to 6 million dollars.
    2007-08-29 07:01:00

  • US Dollar: Risk Aversion Returns as Stocks Fall Over 280 Points, Fed Needs to Cut Rates (Daily FX via Yahoo! Finance)

    - US Dollar: Risk Aversion Returns as Stocks Fall Over 280 Points, Fed Needs to Cut Rates - Carry Trades: More Losses to Come - European Banks Still at Risk
    2007-08-28 09:43:10

  • Turned Down for an Auto Loan? There are Options (Richfield Reaper)

    (ARA) - In the current climate of declining property values, higher interest rates, and changes in available mortgage products, more and more homeowners are becoming delinquent or going into foreclosure.
    2007-08-28 10:24:01

  • European shares weaken after Fed disappointment

    Marketwatch - ... with industrials pacing decliners, after the U.S. Federal Reserve didn't give a clear signal for an imminent interest rate cut ... The firm's plans to issue bonds secured on its hotel and restaurant assets are well advanced but current conditions in the ...
    2007-08-29 09:07:00

  • Small U.S. Banks Bet on China

    BusinessWeek - Since these three banks underwrite commercial loans that are often tied to current interest rates, they can be considered "asset-sensitive," since their assets may reprice to market interest rates more quickly than their liabilities. In a recent ...
    2007-08-28 11:34:00

  • Australian Current Account Deficit Probably Widened on Storms ...

    Bloomberg - Aug. 28 (Bloomberg) -- Scientists in Australia identified a gene linked to congenital heart defects, helping narrow the focus of research on a condition affecting 1 percent of babies. Researchers at Sydney's Garvan Institute found mice genetically ...
    2007-08-28 07:31:00

  • Interest rate hikes likely to pause

    Saskatoon Star Phoenix - TD Securities analyst Jacqui Douglas said that she expects the effect of the current credit crunch on the Canadian ... Steady interest rates would help support economic growth, consumer confidence and home-buying activity," association chief ...
    2007-08-29 07:12:00

  • Coca-Cola Can't Catch Goizueta With Coke, Turns to Lab Drinks

    Bloomberg - Now, after the U.S. market for soft drinks shrank for two years, current CEO Neville Isdell has turned to the lab to try to ... three cans of Enviga per day for 35 straight days at a cost of $146, the nonprofit Center for Science in the Public Interest ...
    2007-08-29 09:14:00

  • Fitch Rates Boulder Valley School Dist No. RE-2, Colorado's $56MM GOs ...

    Forbes - The current offering will refund existing debt for interest cost savings. In Feb. 2007 the district issued the first installment of a $296 million ... from the state to the local tax payers by requiring school districts to maintain mill levy rates at ...
    2007-08-28 09:11:00

  • Know risks before investing in bonds

    News-Star - Due to the current low interest rates and the possibility of rising interest rates, long-term corporate bonds are especially susceptible to interest rate risk. The second risk involves maximizing returns on bond portfolios. "High grade" or "investment ...
    2007-08-29 05:46:00

  • ECB's Trichet-Aug 2 comments were before market turmoil

    Reuters - BUDAPEST, Aug 27 (Reuters) - European Central Bank President Jean-Claude Trichet said on Monday that his last comments on interest rates came before the current period of market turbulence and the ECB will take all relevant factors into account in ...
    2007-08-27 06:49:00

  • Auto insurance proposal would ban socioeconomic factors in rates

    Boston Globe - ... socio-economic factors such as marital status and education in setting rates. A ... market under her proposal, but said some have already expressed interest in coming back. Attorney General Martha Coakley -- who plays a role under the current system in ...
    2007-08-29 12:10:00

  • Romney Focuses on Economy, Pledges to Cut Income, Company Taxes

    Bloomberg - Like Romney, Giuliani tried to emphasize his commitment not just to holding the line on current taxes, but to further cutting rates. ``It's not just theory for me, because I cut taxes and got results as mayor of New York City,'' he said. Pat ...
    2007-08-29 09:14:00

  • Malaysian shares end morning sharply lower on Wall Street fall ...

    Forbes - KUALA LUMPUR (Thomson Financial) - Malaysian shares ended the morning session Wednesday sharply lower following Wall Street's decline amid doubts whether the Federal Reserve will cut interest rates to help end the current financial turmoil. Traders ...
    2007-08-29 07:12:00

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