Mortgage and Financial News From 2007-9-21 Page 13

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  • Northern Rock Shares Stabilize

    CNBC - Among other major U.K. mortgage lenders, Alliance & Leicester was down 0.4 percent, HBOS was up 1 percent and Bradford & Bingley up 0.2 percent. Bank of England Governor Mervyn King told a parliamentary committee on Thursday that four interlocking ...
    2007-09-21 07:09:00

  • HBOS sucked into troubled lenders rumour mill as N.Rock crashes again (The Scotsman: Business)

    HBOS, the country's largest mortgage lender, has been forced into an official denial that it is facing financial problems, as Northern Rock and other lenders' shares took another battering in London.
    2007-09-20 06:03:44

  • More Mortgage Rates Increase! (The Motley Fool)

    Five mortgage lenders have hiked interest rates on tracker mortgages. The Northern Rock crisis is making homebuying pricier...
    2007-09-21 05:35:32

  • Mortgage Downturn No Problem For Google (WebProNews)

    Concerns that have hammered the mortgage lending market and its ad budgets won't trickle down to Google, or what lenders spend on Internet advertising. Google has built several fortunes on the strength of its effective contextual advertising program. It's so strong that the company believes mortgage lenders, among the biggest spenders in online advertising, will cling to paid search as long ...
    2007-09-21 03:15:53

  • KCRA 3 Investigates: Mortgage Lenders Apparently Operating Through Loophole (KCRA TheKCRAChannel.com via Yahoo! News)

    The alleged mortgage fraud exposed by KCRA 3 is having a direct effect on property values in Elk Grove.
    2007-09-20 06:29:45

  • Jitters persist on US health

    News.com.au - THE Australian market closed in negative territory amid uncertainty about the health of the US economy despite this week's half a percentage point interest rate cut by the US Federal Reserve. The S&P/ASX200 index lost 35.8 points to 6357.9, while the ...
    2007-09-21 07:45:00

  • Dollar closes stronger

    News.com.au - THE dollar has closed stronger for a third consecutive day, finishing the week on a high as Tuesday's interest rate cut by the US Federal Reserve continued to see the US dollar sold off. At 1700 AEST, the dollar was trading at $US0.8682/84, up from ...
    2007-09-21 07:45:00

  • R.H. Donnelley Sells Bonds; High-Yield Demand Returns (Update1)

    Bloomberg - Sept. 21 (Bloomberg) -- R.H. Donnelley, the biggest independent publisher of Yellow Pages telephone directories, led the biggest week for junk bond sales since July after the Federal Reserve's interest rate cut spurred demand for high-yield, high ...
    2007-09-21 09:03:00

  • FOREX-Euro hits all-time high vs dlr as U.S. rate cuts weigh

    San Diego Union-Tribune - We're still in the aftermath of the U.S. rate cut, with interest rate differentials leading to dollar weakness,” said Marcus Hettinger, global FX strategist at Credit Suisse in Zurich. “U.S. housing data that came out this week was poor and we ...
    2007-09-21 06:04:00

  • Indian Rupee Has Biggest Weekly Gain Since April on Inflows

    Bloomberg - Sept. 21 (Bloomberg) -- India's rupee had the biggest weekly gain since April as investors bought more local shares after a U.S. interest-rate cut prompted investors to seek higher returns in the world's second-fastest-growing major economy. The ...
    2007-09-21 07:30:00

  • European Bonds Log Biggest Weekly Drop in 2 Years on Inflation

    Bloomberg - Sept. 21 (Bloomberg) -- European government bonds posted the biggest weekly drop in almost two years after the Federal Reserve's interest-rate cut rekindled concern among investors that the pace of global inflation will quicken. The spread between ...
    2007-09-21 08:28:00

  • Dollar Heads for Third Weekly Loss Against Euro on Rate Outlook

    Bloomberg - Sept. 21 (Bloomberg) -- The dollar headed for the biggest weekly loss in almost four years against the Canadian dollar and a third decline against the euro on speculation the Federal Reserve will keep cutting U.S. interest rates. The U.S. currency ...
    2007-09-21 06:19:00

  • ECB'S Papademos says US Fed rate cut helps reduce downside risk to US ...

    Forbes - He said the total effect of the US Fed rate cut on several markets will be included in the ECB's deliberations on any future interest rate movements. 'It's the total effect on the various markets of the economy that will enter our deliberations, not ...
    2007-09-21 09:03:00

  • Colombia Central Bank May Keep Rate at 9.25 Percent (Update2)

    Bloomberg - The Federal Reserve on Sept. 18 lowered its benchmark interest rate by a half point to 4.75 percent to limit damage to the U.S. economy from the housing slump. The peso rose 1.3 percent to 2,028.00 per dollar at 11:57 a.m. New York time ...
    2007-09-21 09:03:00

  • Asking for a Lower Credit Card Rate

    US News and World Report - If your interest rate is lowered by 4 points, from 18 to 14 percent, in the first year you will save $200 on a $5,000 balance. What else can people do to lower their rate? The No. 1 thing you can do is to continually research if there's a card out ...
    2007-09-21 08:28:00

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