Mortgage and Financial News From 2008-1-5 Page 31

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  • India's finance minister calls for lower interest rates - AFP

    India's finance minister calls for lower interest ratesAFP - 1 hour agoThe central bank has hiked rates five times since mid-2006 and boosted reserve requirement to curb inflation. Prime lending rates -- the benchmark for ...
    2008-01-05 06:23:41

  • Fed Increases Amount Offered Through Term Auction Facility (INO News)

    (RTTNews) - The US Federal Reserve Friday announced that it will conduct two auctions of 28-day credit through its Term Auction Facility, or TAF. The Fed will offer $30 billion in the auction to be held on Monday, January 14 and a same amount on Monday, January 28, the official release showed.
    2008-01-05 02:33:14

  • Jobless rate hits two-year high (Contra Costa Times)

    The U.S. economy edged a step closer to recession in December with its worst performance in four years, sending the unemployment rate to a two-year high of 5 percent, the Labor Department said Friday.
    2008-01-05 03:10:12

  • Queenslanders still spending up (The Courier Mail)

    BIG-SPENDING Queenslanders are defying fears of interest rate and fuel rises, amid expectations that their state will enjoy a bulletproof 2008.
    2008-01-05 06:00:00

  • India's finance minister calls for lower interest rates (TODAYonline)

    Indian finance minister P. Chidambaram, seen here in 2007, has called on banks to lower interest rates to keep Asia's third-largest economy expanding strongly amid fears aggressive monetary tightening could slow growth.
    2008-01-05 07:05:19

  • India's finance minister calls for lower interest rates (Channel NewsAsia)

    NEW DELHI : India's finance minister has called on banks to lower interest rates to keep Asia's third-largest economy expanding strongly amid fears aggressive monetary tightening could slow growth.
    2008-01-05 07:48:39

  • Remarks by the President After Meeting with the President's Working ...

    Forbes - As I mentioned, the Secretary and Secretary Jackson are leading an initiative on housing, called HOPE NOW, but there's legislation that can be passed to make it easier for people to refinance their homes. And so when Congress comes back, I look ...
    2008-01-04 01:23:00

  • TREASURIES-Bonds mostly gain on payrolls, but limited by TAF

    Forbes - Following the meeting, Bush encouraged Congress to pass legislation to make it easier for homeowners to refinance, and reiterated his opposition to any sort of tax increases. But the dominant story of the day was the unexpectedly weak December nonfarm ...
    2008-01-04 01:30:00

  • Liverpool may lose Mascherano to Juventus

    Daily Telegraph - They borrowed a huge amount of money to buy the club, looking to refinance with long term debt. And then the credit markets collapsed and made everything that much more difficult. If no money is available then Rafa needs to sell the likes of Sissoko ...
    2008-01-04 03:53:00

  • How Bush may boost the economy

    CNN Money - One key measure would reform the Federal Housing Administration (FHA), which would make the relatively low cost FHA-insured mortgages more readily available to consumers who want to buy homes and to those who want to refinance out of unaffordable ...
    2008-01-04 02:20:00

  • U.S. student lender Sallie Mae plans loan cuts

    CNBC - Sallie Mae, based in Reston, Virginia, also said it is trying to refinance a $30 billion asset-backed commercial paper facility, following the collapse of a $25 billion buyout by a consortium led by private equity firm J.C. Flowers & Co. It said ...
    2008-01-04 03:24:00

  • Bush says cannot take growth for granted

    Boston Globe - He also called on Congress to pass legislation to make it easier for homeowners to refinance their mortgages. U.S. job growth in December was its weakest in more than four years while the jobless rate climbed to 5 percent, its highest level in two ...
    2008-01-04 03:24:00

  • Commodities help steady jittery market

    The Australian - Centro Properties rose 14.7 per cent to $1.285 on recent reports that investors were in talks to buy Centro equity or assets, potentially helping with its ability to come up with a plan to refinance $3.94 billion of debt by a February 15 deadline. ...
    2008-01-05 04:25:00

  • Lenders to begin tacking on new fees for mortgages

    Austin American-Statesman - For some of these people who are thinking they might want to refinance after the first of the year, they're going to go out and charge up all their holiday gifts and increase the balances on their charge cards, which will drive down their FICO scores ...
    2008-01-05 05:43:00

  • U.S. financial markets solid, president says

    Philadelphia Inquirer - ... last month; core inflation is low, but U.S. consumers are paying more for gasoline and for food; and consumer spending is strong, yet the values of many U.S. homes are on the decline. He urged Congress to pass legislation to help homeowners refinance ...
    2008-01-05 12:00:00

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