Mortgage and Financial News From 2008-2-3 Page 23

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  • InsiderAsia's Model portfolio - Week 258

    Edge Daily - That volatility prompted the US Federal Reserve to cut interest rates by 75 bp to 3.5% on Jan 22, 2008, in an emergency move a week ahead of its regularly scheduled FOMC meeting. At that meeting on Jan 30, 2008, the Federal Reserve cut interest rates ...
    2008-02-03 07:03:00

  • Plosser, Yellen could provide contrasting views of economic outlook

    Marketwatch - Plosser is seen as more hawkish (more concerned about inflation) than most others on the FOMC, so it will interesting to hear him explain his vote to cut interest rates by a half percentage point last week. Earlier in the month, before the massive ...
    2008-02-03 07:46:00

  • Borrowing from family or friends can be a plus - Mail Tribune

    Borrowing from family or friends can be a plusMail Tribune, OR - 11 hours agoFor example, if you are looking at mortgages with interest rates hovering just below 7 percent while your parents are struggling to find a CD or other safe ...
    2008-02-03 02:07:31

  • Investors Cope With Sluggishness - The Ledger

    Investors Cope With SluggishnessThe Ledger, FL - 10 hours agoChoices are tougher for the 75-year-old with a CD coming due, Locker said. "The only option is to live through a lower interest rate and short-term CDs ...
    2008-02-03 03:06:18

  • Oman sells debt in inflation battle - Trade Arabia

    Oman sells debt in inflation battleTrade Arabia, Bahrain - 8 hours agoAll the states bar Kuwait peg their currencies to the dollar, limiting their ability to fight inflation as they tend to track US interest rates to maintain ...
    2008-02-03 05:19:20

  • Cashing out, seek a low-risk haven - Record-Searchlight (subscription)

    Cashing out, seek a low-risk havenRecord-Searchlight (subscription), CA - 4 hours agoBesides the recent declines in interest rates, most impose penalties for early withdrawal, meaning that if you want to take your money out before the CD ...
    2008-02-03 08:54:55

  • Bonds halt slide on technical correction - Hindu Business Line

    Bonds halt slide on technical correctionHindu Business Line, India - 2 hours agoFed Funds rate is now 3 per cent. The reduction in the rate triggered an inward capital, particularly NRI deposits, to capitalise on interest differentials. ...
    2008-02-03 11:20:37

  • Oman: Total commercial bank assets cross $10bn-mark (Zawya)

    03 February 2008 MUSCAT -- Favourable macroeconomic environment helped to strengthen the business and financial performance of banks in Oman During the year 2007, the Central Bank of Oman (CBO) said in monthly review of banking and financial developments during December 2007. Operations during the year have been marked by significant expansion in all important banking variables, notably credit, ...
    2008-02-03 12:17:25

  • Don't be afraid to ask friends, family for help (Orlando Sentinel)

    Does the idea of hitting up family or friends for cash make you cringe? You may be forgetting that people close to you might actually be happy to lend you money.
    2008-02-03 01:35:52

  • Cashing out, seek a low-risk haven (The Record Searchlight)

    You can run, but where can you hide?
    2008-02-03 09:01:10

  • India can ride out of the US turbulence

    Deccan Herald - The subprime crisis or the mortgage crisis, is actually the result of a financial ... earlier, where less creditworthy borrowers were given loans at generous rates. To ... In rupee term our exports in the current financial year has grown only 7 per cent. A ...
    2008-02-03 12:33:00

  • Real-estate agents: Shore homes holding values

    Courier News - He anticipates prices could rise again in late 2008 and '09 as the current supply of homes clears out, especially with the current mortgage rates being so low. One of the strengths of this market is that baby boomers are buying second homes on the ...
    2008-02-03 01:20:00

  • Rate rise could push working families to the limit: ACTU

    Big Pond News - ... says low and middle income families cannot afford another rise, and the Reserve Bank should hold rates at current ... The ACTU says up to 750,000 Australians could be affected by mortgage stress this year if rates go much higher, and of these, up to ...
    2008-02-03 11:21:00

  • Rising rents — landlords finally are recovering from a downturn in ...

    Seattle Times - Vacancy rates averaged 4.4 percent across Snohomish and King counties, also an ... can probably get a better deal because owners are eating the cost of their mortgage ... It's become more popular in the current situation," she said. Lapina charges a set ...
    2008-02-03 11:28:00

  • Joblessness could sway U.S. presidential race

    International Herald Tribune - ... and business investment. Though it takes time for interest rate cuts to take full effect, their impact on mortgage rates and ... A similar effect in the current downturn could affect voters' moods in November, some economists say. "From a political ...
    2008-02-03 11:50:00

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