Mortgage and Financial News From 2008-1-22 Page 12

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  • Shares jump over 6pc after US rate cut - NEWS.com.au

    Shares jump over 6pc after US rate cutNEWS.com.au, Australia - 54 minutes agoBy 10.40am AEDT QBE Insurance Group reaffirmed the current position of its investment portfolio, noting it has no direct exposure to the sub-prime mortgage ...
    2008-01-22 08:06:05

  • Weak rand not a concern, say economists - Business Report

    Weak rand not a concern, say economistsBusiness Report, South Africa - 32 minutes agoBut on the domestic front, a falling rand might herald further inflationary pressure forcing the Reserve Bank to keep interest rates at current levels for ...
    2008-01-22 08:28:13

  • Split personality for last year's housing market - Seattle Post Intelligencer

    Split personality for last year's housing marketSeattle Post Intelligencer - 30 minutes agoScott was optimistic about the current market, noting that interest rates have come down, while the area's economy remains strong and the apartment market ...
    2008-01-22 08:30:14

  • South Central Kentuckians React Interest Rate Cuts - WBKO

    South Central Kentuckians React Interest Rate CutsWBKO, KY - 25 minutes agoBut until now high interest rates have been a major problem. Mortgage rates hovering around 6% have dried out the current housing market. ...
    2008-01-22 08:34:46

  • It could be the right time to refinance - Austin American-Statesman

    It could be the right time to refinanceAustin American-Statesman, TX - 8 minutes agoBy Shonda Novak Home mortgage rates aren't tied to rates set by the Federal Reserve Board. But a slowing economy already has tempered mortgage rates, ...
    2008-01-22 08:51:37

  • Mortgage rate cut on cards as shares dive - Irish Independent

    Mortgage rate cut on cards as shares diveIrish Independent, Ireland - 7 minutes agoThis would translate into a typical interest rate for borrowers of 4.5pc, compared with the current 5pc. Significantly, it could signal a return to the ...
    2008-01-22 08:52:57

  • Riding out the storm - Irish Independent

    Riding out the stormIrish Independent, Ireland - 6 minutes agoIrish mortgage holders who look on the bright side of life can hope their monthly repayments will shrink if the European Central Bank decides to follow the ...
    2008-01-22 08:53:56

  • Local shares back with a bang - The Age

    Local shares back with a bangThe Age, Australia - 2 minutes agoAlso, QBE Insurance Group reaffirmed the current position of its investment portfolio, noting it has no direct exposure to the sub-prime mortgage products. ...
    2008-01-22 08:57:50

  • The Fed's surprise rate cut triggers stock market jitters (Sun-Sentinel)

    The Fed's surprise rate cut triggers market jitters The Federal Reserve delivered the biggest single interest rate cut in 18 years Tuesday, a surprise decision that triggered a wild ride on Wall Street. At the same time, analysts said the Fed's decision might help consumers facing significant credit debt.
    2008-01-22 07:46:09

  • Bad Economics (GoldSeek.com)

    There's a lot of talk about trying to stave off a recession using a combination of monetary and fiscal stimulus, but you can't stave off a recession that began months ago.
    2008-01-22 08:04:53

  • Rate Cuts in Montana (KULR-8 Billings)

    The Federal Reserve made a surprise decision cutting interest rates by three-quarters of a percent Tuesday. The decision sent Wall Street spinning and the Dow Jones industrial ended the day losing more than 120 points. What does the largest cut in recent history by the Feds mean for Montana's economy?
    2008-01-22 08:13:39

  • Local experts see positive signs in stimulus attempts (Johnson City Press)

    It may be cold comfort, but the Tri-Cities’ economy is unlikely to experience the worst effects of nationwide economic woes that led the Federal Reserve to slash interest rates early Tuesday, a couple of local financial experts said.
    2008-01-22 08:15:38

  • Federal Rate Cut May Be Music To The Ears Of Some (CBS4 Miami)

    Not everything is gloom and doom with the current state of the stock market and U.S. economy; in fact, the Federal Reserve's rate cut could help you pay less if you have an expensive line of credit on your home.
    2008-01-22 08:25:08

  • Split personality for last year's housing market (Seattle Post-Intelligencer)

    Last year was, in many ways, two different years for the Seattle-area housing market.
    2008-01-22 08:33:56

  • Gathering economic storm (The Marshall News Messenger)

    Economists and politicians can debate all they want about whether the nation is sliding into its first recession in nearly seven years. To Chuck Rizzo, the picture is clear.
    2008-01-22 08:38:12

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