Mortgage and Financial News From 2007-10-4 Page 7

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  • Dollar Little Changed After ECB Keeps Rates Steady

    FXStreet.com - NEW YORK (Dow Jones)--The dollar is little changed against the euro and a bit weaker versus sterling early in New York, after the central banks from the euro zone and the U.K. left their key interest rates unchanged Thursday. As expected, the ...
    2007-10-04 05:13:00

  • When the 'Greenspan put' became a 'call'

    Asia Times - Moreover, there is little need to worry about rising interest rates as they usually increase until the boom is exhausted, and the time for concern is when ...
    2007-10-04 12:44:00

  • Merrill housecleaning; mortgage rates fall

    Marketwatch - The Federal Reserve's Aug. 7 decision to keep interest rates unchanged set off a chain of high-level discussions with Wall Street executives, money managers and cabinet officials that culminated in Chairman Ben S. Bernanke's public about-face 10 days ...
    2007-10-04 09:24:00

  • Gold prices set to soar over robust demand

    Gulf Daily News - But with credit conditions tight due to the US subprime mortgage meltdown what we have is inflation coupled with low interest rates and that is not something that we have seen before. "The broader weakness in the has been the main driver for gold to ...
    2007-10-04 06:21:00

  • Australian rates on hold for now

    ONE News - increasingly likely with no sign consumer spending has eased. The RBA on Wednesday left the cash rate at 6.50%, after last raising it by 25 basis points in August. Economists had been unanimous in their expectation that interest rates would remain ...
    2007-10-04 04:48:00

  • ECB holds fire over further rate rise

    Financial Times - ... governing council meeting in Vienna, Jean-Claude Trichet, president, stressed repeatedly that the bank stood “ready to counter upside risks to price stability”. But for the first time in almost two years he failed to describe interest rates, left ...
    2007-10-04 04:26:00

  • FT Interview: Alistair Darling

    Financial Times - One is I think that will help us deal with the current difficulties to which I’ll turn in just a moment; the credit ... them, and he hadn’t got the money, then the obvious result is borrowing will go up, interest rates will go up, mortgage rates ...
    2007-10-04 02:32:00

  • Stocks inch up ahead of jobs report

    CNN Money - ... quarterly earnings and revenue that beat expectations and boosted its current ... continued to welcome the Federal Reserve's decision to cut interest rates in ... growth is a reflection of the slower-growing economy, the impact from the mortgage ...
    2007-10-04 03:43:00

  • Canadian outlook bright if U.S. doesn't go into recession: Conference ...

    Globe and Mail - TORONTO — Canada's economy will not be seriously hurt by the U.S. subprime-mortgage ... That's about 1,000 points higher that its current range. The Conference Board ... Federal Reserve Board continues to cut interest rates while the Bank of Canada ...
    2007-10-04 10:21:00

  • ECB holds rates, warns on growth, price risks

    Gulf Times - ... seemed on track to raise rates to 4.5% by the end of 2007 until spillover from the US subprime mortgage crisis caused eurozone bank lending rates ... Council of price stability being on our radar screen,” Trichet said, noting he had described current ...
    2007-10-04 02:03:00

  • No change on interest rates

    The Sun - ... mortgage rates ... current arrangement expires. Five increases in the past year is taking its toll. People on a variable rate mortgage will have seen their repayments rise by around £130 a month since August 2006, and those coming off fixed rates soon ...
    2007-10-04 02:10:00

  • Bank holds rates as UK house prices slow

    Times Online - ECB president Jean-Claude Trichet said while the current view on medium term economic activity was favourable, he added ... to disappoint you Michele, but with more & more first time buyers being forced to rent for longer due to high mortgage rates ...
    2007-10-04 07:01:00

  • Minorities Get More 'High Cost' Loans

    Forbes - Advocacy groups say mortgage discrimination has contributed to the current crisis in lending to borrowers with weak, or subprime, credit, in which a ... second mortgages, uses the Federal Reserve's definition of high-cost loans: mortgages whose rates ...
    2007-10-04 03:14:00

  • Global investors turn bullish again

    BBC Business - The IMF warned in September that the mortgage crisis in the US has more shocks in ... All the same, it was the lowering of interest rates in the US by half a ... mine could produce up to a million tonnes of copper a year, five times its current ...
    2007-10-04 04:26:00

  • Business Minute: Stocks make modest gain...Jobs report tomorrow...Oil ...

    WDAM-TV - This Week in House and Home House & Home Main Today's Mortgage Rates In the Know Movie Listings Personal Finance This Week in Money Money ... Associated Press - October 4, 2007 6:23 PM ET NEW YORK (AP) - Stocks ended mostly higher. The Dow gained six points ...
    2007-10-04 02:32:00

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