Mortgage and Financial News From 2007-8-28 Page 13

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  • No current plans to raise rates says RAMS

    Sydney Morning Herald - RAMS Home Loans Group said it does not intend to lift interest rates on any of its products, as a result of higher funding costs, at this stage. The non-bank lender is currently trying to refinance a large proportion of its loan book, sourced from ...
    2007-08-28 12:18:00

  • London calling for a rate pause

    Buffalo News - ... at 5.75 percent through the year. “This points to a peak in the current rate cycle, with the next move possibly down,” Citi equity strategist Darren Brooks notes. That portends well for British stocks, he says. Since 1990, lower interest rates ...
    2007-08-28 10:48:00

  • Fitch Rates Lincoln National's Sr. Notes 'A'; Outlook Stable

    Forbes - Fitch Rates Lincoln National's Sr. Notes 'A'; Outlook Stable 08.27.07 ... total capital ratio post-issuance at approximately 22.5% and interest coverage of approximately 9 times in 2007, which is comfortably within expectations for the company's current ...
    2007-08-27 10:17:00

  • Japan's new cabinet more friendly to BOJ: analysts

    Globe and Mail - The BOJ has said it needs to gradually raise interest rates to more “normal” levels from the current 0.5 per cent, even though inflation is absent from the economy, as keeping rates too low could over-stimulate the economy, storing up problems ...
    2007-08-27 09:52:00

  • European government bonds dip off highs after strong Ifo survey

    Forbes - ... analyst at Capital Economics, said the two pieces of data make a further hike in euro zone interest rates more ... The enhanced prospects of rates increasing again from the current 4.00 pct prompted bonds to fall off earlier gains, which had followed ...
    2007-08-28 10:55:00

  • ECB's Trichet Leaves Options Open on Rates

    CNBC - European Central Bank President Jean-Claude Trichet said on Monday his remarks on August 2 were made before the current market turbulence, leaving the options open on whether the ECB will raise its key interest rate at a meeting next week. Investors ...
    2007-08-27 02:53:00

  • Forex - Dollar weaker ahead of consumer sentiment survey

    Forbes - ... sentiment has waned, but further bad economic newsflow is now fuelling speculation the Federal Reserve will cut interest rates ... The business assessment index, which measures current conditions, rose to 111.5 from 111.3 in July, above forecasts for a ...
    2007-08-28 11:53:00

  • Danske Bank Expects Slovak Central Bank To Hold Rates Until 2007 End

    RTT News - According to the analyst, this indicates that the NBS therefore apparently considers the interest rate setting to be appropriate relative to current economic trends. Going forward, Danske Bank expects the Slovak central bank to stay pat on rates until ...
    2007-08-28 11:03:00

  • INTERVIEW IFO'S Nerb says ECB should keep rates unchanged at Sept 6 ...

    Forbes - Nerb said he believes 'there's a good chance' the ECB will not move interest rates on Sept 6. He said Ifo estimates also show that the current main refinancing rate of 4 pct is 'neutral' to the economy and that there is no risk to price stability. ...
    2007-08-28 10:48:00

  • Beggs expects ECB to hike rates in Sept (Ireland Business World)

    AIB's chief economist, John Beggs, has forecast that the European Central Bank will raise interest rates next month. "The markets had come to believe that the ECB would postpone any rate hike until October at the earliest.
    2007-08-28 12:21:05

  • Danske Bank Expects Slovak Central Bank To Hold Rates Until 2007 End (Nasdaq)

    (RTTNews) - Danske Bank's analyst Stanislava Pravdova commented that the Slovak central bank's decision to keep interest rates unchanged at Tuesday's monetary policy meeting was widely expected and hence, the market reaction to the announcement was limited.
    2007-08-28 11:48:03

  • No current plans to raise rates says RAMS (Sydney Morning Herald)

    RAMS Home Loans Group said it does not intend to lift interest rates on any of its products, as a result of higher funding costs, at this stage.
    2007-08-28 12:44:07

  • Tips From LoansConfidential.com to Protect Yourself and Your Home When ...

    Earthtimes - IRVINE, Calif., Aug. 28 -- Many homeowners who were forced into foreclosure didn't fully understand their mortgage. Don't make this mistake! Many loan officers fail to disclose all aspects of the loan and closing cost; spending the extra 20 minutes ...
    2007-08-28 04:50:00

  • Fewer People Looking To Buy A Home

    Ananova - The number of people taking out a mortgage to buy a house fell slightly in July. That could be a further sign that the property market may be cooling. A total of 66,965 home loans were approved for house purchase during the month, the lowest figure ...
    2007-08-28 11:17:00

  • Nation & World

    Detroit Free Press - American Home Mortgage Investment Corp., the second-biggest U.S. residential lender in bankruptcy, agreed to continue servicing $5.2 billion worth of loans owned by Fannie Mae, the federally chartered loan company. The lender will keep collecting ...
    2007-08-28 06:52:00

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