Mortgage and Financial News From 2007-8-28 Page 3

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  • Schumer Blasts Mortgage Lenders (WRGB Albany)

    Sen. Charles Schumer (D-NY) railed against subprime mortgage lenders in Schenectady on Monday.
    2007-08-27 11:43:13
  • Sector Snap: Mortgage Lenders Fall (AP via Yahoo! Finance)

    Shares of mortgage lenders continued their decline Tuesday after a report revealed home prices in the second quarter fell by the steepest rate in two decades.
    2007-08-28 05:41:04
  • Stocks tumble as Fed minutes fail to provide clue to rate cuts;C ...

    680 News - TORONTO (CP) - Stock markets sold off Tuesday after investors felt let down that the latest minutes from the U.S. Federal Reserve's interest rate meeting earlier this month failed to provide a clue as to when the central bank might move to cut ...
    2007-08-28 08:42:00
  • Japanese govt bonds close mixed; shorter maturities up as rate hike ...

    Forbes - TOKYO (Thomson Financial) - Japanese government bonds closed mixed after largely directionless trade Tuesday, but shorter-dated notes drew buying interest as worries about interest rate increases in Japan and Europe eased. European Central Bank (ECB ...
    2007-08-28 09:51:00
  • ECB average refi rate 4.09 pct; marginal rate 4.08 pct; awards 210 bln ...

    Forbes - FRANKFURT (Thomson Financial) - The European Central Bank said the weighted average interest rate on accepted bids at today's main refinancing operation was at 4.09 pct, unchanged from last week. The marginal rate -- the lowest rate at which bids ...
    2007-08-28 10:48:00
  • European Central Bank ditches interest rate rise as Sarkozy wins fight

    Daily Telegraph - The European Central Bank is poised to abandon a rate rise planned for early September, bowing to intense pressure from French politicians and a growing chorus of economists across Europe. Jean-Claude Trichet, the ECB's president, said his use of the ...
    2007-08-28 05:55:00
  • Division over policy interest rate

    Nation - Thailand - The markets appeared divided over their expectations of the Monetary Policy Committee (MPC) meeting today regarding the policy interest rate, amid an uncertain economic outlook and increasing risk of the US sub-prime-mortgage crisis. Deputy Prime ...
    2007-08-28 02:01:00
  • U.S. Stocks Close Sharply Lower As Rate-Cut Hopes Dim

    CNBC - Stocks closed broadly lower as already jittery investors expressed disappointment that the latest Fed minutes showed policymakers were reluctant to cut interest rates. "The comments from the Fed not indicating that a rate cut was imminent and further ...
    2007-08-28 08:50:00
  • Central Bank raises interest on select term deposits

    Worldnews.com - Indian Bank revises interest rates on term deposits The Times Of India MUMBAI: Indian Bank has revised the interest rates on domestic term deposits with effect from September 1. Interest rate for the 7-14 days period for an ... ...
    2007-08-28 07:31:00
  • BoI reduces interest rates on domestic term deposits

    Worldnews.com - Fixed rates for mortgages cut as expectations grow that interest rates have peaked The Daily Mail Mortgage lenders have cut the cost of fixed rate deals Most popular stories Email newsletter Headlines Homebuyers have been offered some relief as a ...
    2007-08-28 07:31:00
  • Wall Street pounded by credit fears

    News.com.au - WALL Street shares took a heavy pounding today as credit and economic fears prompted the leading Dow Jones Industrial Average to plummet over two per cent. Investors said minutes released by the Federal Reserve, from an interest rate policy meeting ...
    2007-08-28 08:35:00
  • Central Bank of Malta leaves central intervention rate unchanged

    Worldnews.com - Fed leaves key interest rate unchanged; concerns about inflation play into decision The Boston Globe WASHINGTON (AP) -- The Federal Reserve left a key interest rate unchanged on Tuesday as worries about inflation trumped concerns about turbulent ...
    2007-08-28 07:31:00
  • MUMBAI: Indian Bank has revised the interest rates on domestic term ...

    Economic Times - Interest rate for the 7-14 days period for an investment of Rs 15 lakh is at 3.5 per cent, while that for the same period for Rs 15 lakh to less than Rs 1 crore is at 4 per cent. Interest rate for the 30-45 days period upto Rs 1 crore is at 4.5 per ...
    2007-08-28 07:31:00
  • QU to refinance debt at lower interest rate

    Quincy Herald-Whig - Quincy's bonding authority will help save Quincy University an estimated $200,000 per year. Aldermen voted unanimously on Monday night to allow QU to issue up to $14 million in bonds that will be used to refinance previous debts that had higher ...
    2007-08-28 06:26:00
  • Battellino hints at rate future

    News.com.au - THE number two man at the Reserve Bank, deputy governor Ric Battellino, engaged in some unusual but important 'jaw-boning' yesterday. Unusual, in that it wasn't of the traditional nudge-nudge variety. The virtual reality interest rate increase you ...
    2007-08-28 03:06:00