Mortgage and Financial News From 2007-11-30 Page 18

RSS Feed

Previous Day: 2007-11-29

Return to the mortgage news archive home.

  • Futures stay higher as PCE data comes in line

    Calgary Herald - S&P 500 futures were up 15.3 points, above fair value, a formula to evaluate pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures rose 112 points and Nasdaq 100 ...
    2007-11-30 05:57:00
  • Dell, Sprint Nextel, Countrywide, Google expected to move

    Marketwatch - Shares were on track for a stronger start after Federal Reserve Chairman Ben Bernanke, in a speech late Thursday, did nothing to derail hopes for lower U.S. interest rates. Data showed that growth in U.S. consumer spending ground to a halt in October ...
    2007-11-30 06:26:00
  • Canadian dollar back to parity as oil slides

    Calgary Herald - Lower interest rates would generally make the currency, which has surged around 60 percent since 2002, less attractive to investors. The Canadian dollar is down about 5.5 percent this month after surging to a modern-day high of US$1.1039 on ...
    2007-11-30 08:42:00
  • New CD regime to help manage liquidity and control inflation (MENAFN)

    New CD regime to help manage liquidity and control inflation
    2007-11-30 01:31:35
  • UAE CD rates fall during first auction -bank (Reuters via Yahoo! Malaysia News)

    DUBAI, Nov 28 - United Arab Emirates one-week and one-year certificates of deposit rates fell on Wednesday at the Gulf Arab state's first CD auction, said two officials at Dubai-based Emirates NBD, the Gulf's largest lender.
    2007-11-28 06:16:11
  • Spending, incomes up a weak 0.2%; construction drops

    USA Today - ... in more than 20 years and a widening credit crisis triggered by rising mortgage ... speech Thursday night that the central bank is prepared to cut interest rates ... of recent declines in consumer confidence weigh on spending during the current ...
    2007-11-30 08:13:00
  • London shares extend gains midafternoon; miners higher; US extends ...

    Forbes - ... Chairman Ben Bernanke late yesterday bolstered the view that interest rates are ... lowering its rating to 'underperform' from 'peer perform', saying UK mortgage ... over its ability to achieve a property deal with R20 in the context of current debt ...
    2007-11-30 07:45:00
  • Housing Slump's Third Year to Be `Deepest' Since WWII (Update1)

    Bloomberg - ... from the National Association of Realtors in Chicago, even as interest rates drop. Losses at Fannie Mae and Freddie Mac, the two biggest U.S. providers of mortgage ... There is just no quick fix, including further rate cuts, to stabilize the current ...
    2007-11-30 08:28:00
  • Dems propose mortgage solutions

    Inside Bay Area - ... Los Angeles, said they are hoping lenders will agree to freeze interest rates on ... The California Association of Mortgage Brokers said it applauded the lawmakers for ... companies have said they are already working with borrowers who have been current ...
    2007-11-30 03:49:00
  • First Horizon Insurance Expands Memphis Sales Force

    MSN MoneyCentral - Two new insurance professionals recently joined the group's current staff: Layne ... nation's top underwriters of U.S. government agency securities -- Mortgage ... market share in Tennessee and one of the highest customer retention rates of ...
    2007-11-30 03:56:00
  • Fed chief offers new hint of a rate cut

    International Herald Tribune - ... to the economy, reinforcing the view that the Fed is likely to cut interest rates ... Economic forecasting is always difficult, but the current stresses in financial ... by new evidence that the panic in subprime mortgages, and in the broader mortgage ...
    2007-11-30 04:31:00
  • Will interest rates be cut in December?

    This is Money - But they gave a roughly one in three chance of a cut from the current rate of 5.75% to 5.5%. Expectations of an ... to beat rate rises - and check your outgoings with our calculators ... • Best savings rates • Best mortgage rates ...
    2007-11-30 08:42:00
  • Foreclosure filings rising at scary rate

    The Columbus Dispatch - ... Deposit Insurance Corp., has been urging mortgage-servicing companies to agree to permanent conversions of adjustable-rate loans to fixed-rate loans for homeowners who are current on mortgage payments but unable to afford loans at higher rates. ...
    2007-11-30 03:27:00
  • Deal Near to Delay Some Rate Resets

    Smart Money - WASHINGTON (Dow Jones) -- Senior U.S. government and banking industry officials are negotiating a framework that would make it easier for certain mortgage borrowers to temporarily lock in their current interest rates and avoid losing their homes to ...
    2007-11-30 04:46:00
  • Eurostocks Weekahead-Banks in focus, investors seek Xmas rally

    Guardian Unlimited - Rates decisions by both the European Central Bank and the Bank of England ... The key element in the current credit crisis is the lack of transparency ... the crisis in the credit market, sparked by problems in the U.S. subprime mortgage ...
    2007-11-30 07:38:00