Mortgage and Financial News From 2008-1-1 Page 18

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  • Australian, New Zealand Dollars Gain on Yield Spread Over US - Bloomberg

    Australian, New Zealand Dollars Gain on Yield Spread Over USBloomberg - 37 minutes ago18, when the Federal Reserve started cutting its benchmark interest rate. ``Yield differentials are supporting the Aussie and kiwi,'' said Tony Morriss, ...
    2008-01-01 06:07:35

  • Australian dollar weaker at noon - Sydney Morning Herald

    Australian dollar weaker at noonSydney Morning Herald, Australia - 30 minutes agoBanks could raise their home loan interest rates to cover the increased cost of borrowing as a result of the global credit crunch. At 1200 AEDT, the Reserve ...
    2008-01-01 06:14:56

  • Fitch downgrades SMIB's rating to 'A-(lka)' - The Asian Banker (subscription)

    Fitch downgrades SMIB's rating to 'A-(lka)'The Asian Banker (subscription), Singapore - 30 minutes agoThe rating downgrade reflects SMIB's deteriorating profitability brought on by its inherent interest rate risk, and the escalation of such risk in the ...
    2008-01-01 06:15:22

  • IMF data reveal world forex reserve holdings at over US$6 tril. - China Post

    IMF data reveal world forex reserve holdings at over US$6 tril.China Post, Taiwan - 29 minutes agoThe dollar's performance, particularly versus currencies of major developed countries, "will be driven by cyclical forces and relative interest rates (and ...
    2008-01-01 06:15:45

  • 2007 Was Unpredictable, but Let’s Brave 2008 Anyway - New York Times

    2007 Was Unpredictable, but Let’s Brave 2008 AnywayNew York Times, United States - 28 minutes agoAccording to Mickey Levy, chief economist at Bank of America, the cumulative effect of lower interest rates and alternate sources of liquidity — from ...
    2008-01-01 06:17:08

  • A look back in 2007 - Bainbridge Post Searchlight

    A look back in 2007Bainbridge Post Searchlight, GA - 26 minutes agoThe new rate raises the percentage of students who must graduate from high school in four years from 60 percent to 65 percent. ...
    2008-01-01 06:19:22

  • SKorean shares open lower on Wall Street's decline - UPDATE - CNNMoney.com

    SKorean shares open lower on Wall Street's decline - UPDATECNNMoney.com - 23 minutes agoThe downside may be limited by a steady inflow of money from retail investors into equity investment funds, the possibility of another interest rate ...
    2008-01-01 06:22:10

  • SKorean shares open lower on Wall Street's decline - UPDATE - Forbes

    SKorean shares open lower on Wall Street's decline - UPDATEForbes, NY - 19 minutes agoThe downside may be limited by a steady inflow of money from retail investors into equity investment funds, the possibility of another interest rate ...
    2008-01-01 06:25:43

  • No. 3102 - WEDNESDAY, JANUARY 2, 2008 - Saigon Times Daily

    No. 3102 - WEDNESDAY, JANUARY 2, 2008Saigon Times Daily, Vietnam - 14 minutes agoThe State Bank of Vietnam has announced the annual prime interest rate of loans in dong applicable from January 1, 2008 at 8.25%, which has stayed unchanged ...
    2008-01-01 06:31:26

  • Dollar Ends 2007 With A Thud - Money Morning

    Dollar Ends 2007 With A ThudMoney Morning - 13 minutes agoFurthermore, US Federal Reserve Chairman Ben S. Bernanke and the US Fed have cut short-term interest rates at each of the central bank’s last three ...
    2008-01-01 06:32:01

  • Pix: Sun News Publishing - Daily Sun

    Pix: Sun News PublishingDaily Sun, Nigeria - 12 minutes ago... voluntarily pay interest on all returned monies at an annualised rate of five per cent from Monday, September 10, 2007 to Monday, November 5, 2007. ...
    2008-01-01 06:33:22

  • Dollar Trades Near Three-Week Low Before US Factory Report - Bloomberg

    Dollar Trades Near Three-Week Low Before US Factory ReportBloomberg - 8 minutes agoJapan's benchmark interest rate of 0.5 percent, the lowest among major economies, compares with 5 percent in South Korea, 5.25 percent in Norway and 6.75 ...
    2008-01-01 06:36:32

  • Outlook 2008: The US Economy Is Down - But Not Out - in the New Year - Money Morning

    Outlook 2008: The US Economy Is Down - But Not Out - in the New YearMoney Morning - 3 minutes agoThe Fed has demonstrated caution with regards to interest-rate reductions due to escalating inflation fears. During the 1970s, the United States was ...
    2008-01-01 06:42:01

  • Existing-Home Sales Rise in November, Market Likely Stabilizing (BuildingOnline)

    WASHINGTON -- Existing-home sales rose slightly in November, indicating a stabilization in housing in the wake of mortgage disruptions earlier this year, according to the National Association of Realtors.
    2008-01-01 05:55:14

  • Credit cards sock late payers with default rates of 30% or more (Market Watch)

    Faced with mounting account delinquencies, major U.S. banks are penalizing credit-card customers late on payments by hiking their accounts to maximum default interest rates of 30% and more -- even those with good credit records.
    2008-01-01 06:04:25

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