Mortgage and Financial News From 2008-2-10 Page 01

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  • BI expects loans for infrastructure projects to shine

    Jakarta Post - Bank lending has been following the declining trend of BI's benchmark interest rates. Since January last year the central bank has cut its interest rate from 9.5 percent to the current rate of 8 percent to help spur more lending. According to Wimboh ...
    2008-02-10 08:46:00

  • Don’t panic Captain Mainwaring, don’t panic…

    Stuff - By my reckoning, house prices are about 30 per cent over-valued at current interest rates and current wage growth rates. If  prices were to get back to decent affordability ratios of around 40 per cent of take home pay that we saw in 2003 then we ...
    2008-02-10 07:41:00

  • More rates pain on the way: RBA

    Australian Broadcasting Corp. - There is more gloomy news about the threat of inflation, with a fresh warning that higher interest rates are almost inevitable. ... On the current outlook and allowing for the inevitable uncertainties in forecasting, the risk of inflation remaining ...
    2008-02-10 05:32:00

  • G7 MEETING At-a-glance guide to main points

    Forbes - US Treasury Secretary Henry Paulson said the current turbulence in the world's financial markets is both 'serious' and ... ECB's Trichet highlighted a more neutral stance on interest rates, saying that theer was no call to hike rates, there is equally ...
    2008-02-10 09:14:00

  • Economy Rebounds Before Election, Treasuries Show (Update1)

    Bloomberg - Bernanke to thank for cutting interest rates at the fastest pace in almost two decades and President George W. Bush and Congress ... Bush, the current president's father, left in January 1993 with the economy at the beginning of almost 10 years of ...
    2008-02-10 09:14:00

  • Movilnet Expands Comverse InSight(TM) Open Services Environment to ...

    MSN MoneyCentral - Looking ahead, this InSight expansion enables us to meet current and projected needs and lays a solid foundation for ... and international sales and investment activities, including fluctuations in foreign currency exchange rates, interest rates ...
    2008-02-10 10:54:00

  • Military lifts housing market

    Daily News - This is a key factor in current interest rates of about 5.5 percent. The large military community, however, plays a major role in the health of the real estate market for coastal North Carolina. "I'd say we certainly are buffered from the national ...
    2008-02-10 09:00:00

  • Oil Rises a Third Day After Chavez Threatens to Cut U.S. Supply

    Bloomberg - Group of Seven officials, warning of further financial-market turmoil, yesterday indicated they'll cut interest rates and reduce ... The current financial turmoil is serious and persisting,'' Paulson said. ``I always thought that decoupling was a myth ...
    2008-02-10 10:33:00

  • Primary takeover of Symbion looks likely

    News.com.au - Symbion said today that current share market volatility had prompted it to change its original recommendation to reject ... Interest rates: Property sales defy rate rises Hard times: No recession here, says Swan Takeover: Rio boss writes off BHP bid
    2008-02-10 08:10:00

  • RBA signals more rates pain likely

    West Online - There thus remains a risk under the current monetary policy setting that demand does not moderate sufficiently to achieve ... ICAP senior economist Matthew Johnson said it was very clear an argument for higher interest rates. "The RBA is clearly worried ...
    2008-02-10 10:11:00

  • Australian dollar jumps over US90c on rate rise talk

    News.com.au - THE dollar was higher at noon after the Reserve Bank of Australia (RBA) signalled that interest rates might rise further to ... On the current outlook, then, and allowing for the inevitable uncertainties in forecasting, the risk of inflation ...
    2008-02-10 06:22:00

  • Australian central bank issues blunt warning on interest rates

    International Herald Tribune - SYDNEY : The Australian central bank bluntly warned Monday that it would likely need to raise interest rates again to restrain ... On the current outlook and allowing for the inevitable uncertainties in forecasting, the risk of inflation remaining ...
    2008-02-10 05:47:00

  • Pakistan's Inflation Probably Accelerated on Record Wheat Costs

    Bloomberg - Pakistan needs to raise interest rates to meet its inflation target and narrow the current-account gap as the economy expands, the International Monetary Fund said Jan. 18. Inflation may average 7 percent this fiscal year, above the ...
    2008-02-10 10:04:00

  • Australian Central Bank Says Rates May Need to Rise (Update4)

    Bloomberg - Feb. 11 (Bloomberg) -- Australia's central bank said it will probably need to increase interest rates further to cool ... There ``remains a risk under the current monetary policy setting that demand does not moderate sufficiently to achieve ...
    2008-02-10 09:50:00

  • RBA warns of more interest-rate rises

    News.com.au - The RBA last week raised official interest rates to 7 per cent. "On the current outlook, then, and allowing for the inevitable uncertainties in forecasting, the risk of inflation remaining uncomfortably high for some time is considerable," the RBA ...
    2008-02-10 04:28:00

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