Mortgage and Financial News From 2007-9-20 Page 26
Previous Day: 2007-09-19
Return to the mortgage news archive home.
Page: 1 - 20 21 22 23 24 25 26 27 28 29 30
31
-
Hong Kong shares close at fresh record high led by banks, commodity ...
CNBC - ... prices closed at a fresh record high as banks gained on hopes of higher loan growth following interest rate cuts ... after surging yesterday following the US Federal Reserve's half a percentage point cut in its key rate and 25 basis points cuts in prime ...
2007-09-20 01:26:00 -
Realty stocks up on RBI rate cut expectations
Economic Times - Firstly, the market expects RBI to follow suit with an interest rate cut, and secondly, cash inflow has spiked up the sector,” said an analyst from a local brokerage firm. He added that due to the sub-prime crisis in the US, investors were ...
2007-09-20 03:28:00 -
Official: Violence down in Baghdad
Chicago Sun-Times - ... in Baghdad but he acknowledged that civilians were still dying at too high a rate ... Prime Minister Nouri al-Maliki suggested the U.S. Embassy find another company to ... such ''widespread anger and hatred'' that it would be ''in everyone's interest if the ...
2007-09-20 04:25:00 -
Stock leap follows US rate cut
News.com.au - THE Australian sharemarket took a big leap forward today, emulating US markets that were boosted by a major cut in interest rates. The interest rate cut eased fears that defaults in the US sub-prime mortgage market and a consequent credit squeeze ...
2007-09-19 12:02:00 -
Hong Kong shares close higher led by banks, airlines; index at new ...
Forbes - ... Hong Kong shares closed higher on Thursday on follow-through buying of select stocks after the US interest rate cut ... Europe's biggest bank was the first bank to slash its Hong Kong prime lending rate by 25 basis points Wednesday, following the ...
2007-09-20 03:50:00 -
Brown's Reputation on Economy Shaken by Northern Rock (Update2)
Bloomberg - Sept. 20 (Bloomberg) -- For Prime Minister Gordon Brown, getting past the ... before Northern Rock's trouble emerged, the Bank of England predicted that interest ... The Bank of England's benchmark rate of 5.75 percent is the highest among the ...
2007-09-20 04:04:00 -
Fed's rate cut will make loan repayment easier
Times of India - Why was everyone so excited about the Fed rate cut? Stock market players reckon it will help the US economy ... Bankers in the United States call such loans sub prime mortgages. A cut in interest rates will make it easier for borrowers to repay ...
2007-09-20 12:15:00 -
WHAT RATE CUT MEANS
Akron Beacon Journal - If you are paying 8.25 percent interest on a $100,000 loan that is based on the prime rate such as a home-equity line a reset to 7.75 percent is likely. That's a difference of about $500 a year, or roughly $41.66 a month in interest charges. Resets ...
2007-09-19 10:20:00 -
Hong Kong shares end morning higher led by major banks after rate cuts
Forbes - HONG KONG (XFN-ASIA) - Share prices finished the morning session higher led by major banks after interest rate cuts, while property stocks succumbed to profit-taking after sharp gains yesterday. Banks were mostly firmer after cutting prime lending ...
2007-09-19 11:10:00 -
Hong Kong shares end morning higher led by major banks after rate cuts ...
Forbes - HONG KONG (XFN-ASIA) - Share prices finished the morning session higher led by major banks after interest rate cuts, while property stocks succumbed to profit-taking after sharp gains yesterday. Banks were mostly firmer after cutting prime lending ...
2007-09-19 11:46:00 -
Local economists cheer interest rate cut
Visalia Times-Delta - As a result of Tuesday's cut, most commercial banks dropped their prime lending rate to 7.75 percent. The Fed move will translate into lower interest rates for credit-card borrowers and also will result in lower monthly payments for homeowners with ...
2007-09-20 03:07:00 -
Treasuries keep falling after rate cut
US News and World Report - NEW YORK (AP) -- Treasurys closed sharply lower Wednesday as Wall Street stretched its interest rate-inspired rally to a ... market, normally highly liquid, began receiving intense resistance last month as worries about exposure to below-prime ...
2007-09-20 04:25:00 -
Malaysian govt expects interest rates, inflation to remain stable ...
CNBC - Bank Negara, the central bank, has kept its key interest rate unchanged at 3.50 percent since April last year. Nor Mohamed reiterated Prime Minister Abdullah Ahmad Badawi's statement that retail prices of gasoline and diesel will not be increased ...
2007-09-19 10:49:00 -
rate cut praised
Portsmouth Herald - And, if we see this on an ongoing basis, it will help a lot of people refinance their adjustable rate into a lower fixed mortgage." Another positive has been a tremendous boost to equity markets, which have seen a down run in the past 90 days, said ...
2007-09-20 02:52:00 -
Northern Rock shares hit record low
News.com.au - A global credit crunch means any bank will also be wary of having to refinance Northern Rock's balance sheet in money markets until liquidity and stability return, analysts said. The BoE on Wednesday offered to pump cash into money markets next week ...
2007-09-19 07:07:00