Mortgage and Financial News From 2008-2-10 Page 11

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  • G7 is told worldwide losses from sub-prime crisis could be $400bn

    Guardian Unlimited - ... inflation than demand, no agreement was reached on a coordinated response, such as a blanket cut in interest ... Asked about the extent of total exposure to the US sub-prime mortgage sector, Draghi said: "The only thing we know is that it's big and we ...
    2008-02-10 05:25:00

  • Rate cuts unlikely to help financial stocks soon

    International Herald Tribune - Federal Reserve Board busy cutting interest rates, investors in financial services ... Analysts writing in the UBS Mortgage Strategist made a cogent argument for this last ... Finally, losses on consumer auto and credit card loans have only begun to uptick ...
    2008-02-10 03:45:00

  • RBA warns of more interest rate rises

    News.com.au - ... central bank has raised its inflation forecasts for 2008 and warned that interest ... The central bank said commercial banks had increased their variable mortgage rates ... I only hope that one of the recommendations of Rudd's talkfest is to review the ...
    2008-02-10 04:42:00

  • 'Look to Long Term or You Could Get Your Fingers Burnt' - Black Enterprise

    'Look to Long Term or You Could Get Your Fingers Burnt'Black Enterprise, NY - 4 hours ago"You also get a much more favourable mortgage rate interest. Ours is around 4.94 per cent fixed for three years because again the mortgage is arranged ...
    2008-02-10 02:58:05

  • Man helped found, save Air Force base - The Newark Advocate

    Man helped found, save Air Force baseThe Newark Advocate, OH - 3 hours agoIn 2006, the Heath-Newark-Licking County Port Authority paid off its $11 million mortgage to the Air Force. Today, the former base — now called the Central ...
    2008-02-10 03:46:13

  • The crisis that ended a BBC drama - Daily Mail

    The crisis that ended a BBC dramaDaily Mail, UK - 2 hours agoYet only this week, Konnie revealed she would love to be a sex symbol, announcing: "If you've got it, you have to use it." As an old flame of Prince William ...
    2008-02-10 04:33:20

  • Japanese travellers appear to be taking a rest - Bangkok Post

    Japanese travellers appear to be taking a restBangkok Post, Thailand - 2 hours ago''Recent travel trends including market's maturity, young people's loss of interest in overseas travel and slow growth in senior travellers can also lie in ...
    2008-02-10 05:20:33

  • Left, right, lost - Sydney Morning Herald

    Left, right, lostSydney Morning Herald, Australia - 1 hour ago(This is a phrase I'm now going to adopt in my personal life, as in: "Dear bank, My apologies, but the mortgage will not be paid this month due to ...
    2008-02-10 05:37:42

  • Despite Fed's rate cuts, credit card interest rates remain high - The Casper Star Tribune

    Despite Fed's rate cuts, credit card interest rates remain highThe Casper Star Tribune, WY - 1 hour agoThe subprime mortgage meltdown has spilled into the credit card industry in other ways. Banks have reported steep write-offs related to the mortgage mess, ...
    2008-02-10 05:40:06

  • Crikey Says - Crikey (subscription)

    Crikey SaysCrikey (subscription), Australia - 1 hour agoAnyone in a Bank who would lend 100% plus costs plus mortgage insurance, with the only borrower contribution being the first home buyers grant is Not A ...
    2008-02-10 06:07:15

  • Buying in a falling market -- Debate on about whether now is right ... - North County Times

    Buying in a falling market -- Debate on about whether now is right ...North County Times, CA - 2 minutes agoAverage fixed interest rates on 30-year loans have dropped to about 5.6 percent, according to the Mortgage Bankers Association. That is only the second time ...
    2008-02-10 07:25:15

  • G7 is told worldwide losses from sub-prime crisis could be $400bn (Guardian Unlimited)

    Finance chiefs from the G7 warn US mortgage crisis will slow growth of global economy
    2008-02-10 04:11:57

  • Fool News: House Prices Stagnate (The Motley Fool)

    House price inflation has fallen to its lowest levels since November 2005. What's next for the housing market?
    2008-02-10 05:02:19

  • Japanese travellers appear to be taking a rest (Bangkok Post)

    Japan's outbound travel boom appears to be over after reporting three years of stagnation. The good news is that Japanese arrivals to Thailand are bucking the trend.
    2008-02-10 05:26:42

  • Crikey Says (Crikey)

    Crikey Reader John Taylor offers the following piece of news analysis. All that we can add is that by and large (we have some issues with the view on whaling) we couldn't have said it better ourselves:
    2008-02-10 06:15:53

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