Mortgage and Financial News From 2007-12-15 Page 14
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Kenneth Harney: Solid FICO score will eliminate some seeking rate ...
Arizona Daily Star - It may be the only test you flunk if you score too high: It's called the "FICO Test," and it is a key element of the sometimes arcane new guidelines governing which homeowners qualify for "fast track" interest rate freezes on their subprime mortgages ...
2007-12-14 11:20:00 -
Norwegian Krone Gains for Second Week After Interest Rate Rise
Bloomberg - Dec. 14 (Bloomberg) -- Norway's krone gained for a second week against the euro after the central bank raised interest rates to a 4 1/2-year high, spurring so-called carry trades. The krone, the best performer of the 16 major currencies monitored by ...
2007-12-14 09:44:00 -
BONUS CHECK? NOPE
New York Post - But other departments, such as interest-rate trading, which includes global government bonds, and agency-backed mortgage securities, had banner years. Merrill insiders told The Post that Thain is said to be very cognizant of Merrill's disastrous ...
2007-12-15 02:26:00 -
Canadian Stocks Fall on Slumping Commodity Prices, Rate Concern
Bloomberg - Dec. 14 (Bloomberg) -- Canadian stocks had their steepest weekly loss in a month, as commodity prices slumped and accelerating U.S. inflation reduced the chance of interest-rate cuts. Financial stocks such as Bank of Montreal retreated after the U.S ...
2007-12-14 01:40:00 -
TREASURIES-Bonds slip as inflation stalls rate cut view
Forbes - NEW YORK(Reuters) - U.S. Treasury debt prices fell Friday as rising consumer price inflation fanned doubts about whether the Federal Reserve would cut interest rates further. The Fed's modest rate cut earlier this week and a plan by global central ...
2007-12-14 02:02:00 -
Rate cut isn't a quick fix for housing slump
Fort Lauderdale Sun-Sentinel - The housing market will not recover because the Federal Reserve cut a key short-term interest rate last week. When there's a boom gone bust, it takes time and confidence on the part of buyers before the situation can stabilize. A single rate cut can ...
2007-12-15 01:15:00 -
Greenspan's US recession warning
Daily Telegraph - Despite the Fed’s efforts, the Dow Jones – which closed down 178.20 at 13339.80 – is now 500 points below where it was ahead of Tuesday’s interest rate decision. Later, during an interview with America’s National Public Radio, Mr ...
2007-12-15 01:08:00 -
European Stocks Decline on Economic Concerns; BHP, UBS Retreat
Bloomberg - A day earlier, the Fed cut its benchmark interest rate by a quarter- point. Some investors had expected a bigger reduction to preserve the economy's six-year expansion. `More Volatility' ``A central bank should calm down ...
2007-12-15 01:43:00 -
Stocks slide on muddy outlook
Chicago Tribune - That raised questions about the Fed's options for further reducing its benchmark interest rate. Policymakers this week lowered their key rate and announced a plan to align with other central banks to offer loans to pressed lenders around the world. ...
2007-12-14 11:56:00 -
Analysts search for rates cut clue
MSN UK News - Economic news will take centre stage next week as analysts look to a number of official releases for clues about the timing of future interest rate cuts. After the Bank of England's rate cut last week, markets will be hoping for a clearer picture on ...
2007-12-14 11:49:00 -
Inflation data put Bernanke in a bind
Baltimore Sun - Among the many things to be thankful for this holiday season is that you're not Federal Reserve Chairman Ben S. Bernanke. He's besieged by turmoil in the credit markets, Wall Street clamoring for more interest-rate cuts and now inflation data that ...
2007-12-15 02:41:00 -
Stocks fall on worries high inflation could put blocks to interest rate cuts (MSN Money Canada)
TORONTO - Stocks lost more ground Friday at the end of a losing week as investors fretted that higher-than-expected inflation could put the brakes on interest rate cuts by the U.S. Federal Reserve.
2007-12-14 02:57:22 -
This week on Stockhouse December 10 to 14
Stockhouse Canada - ... are tough to value when compared with each other, wrote Matt Stiles in Has the U.S. dollar bottomed? But if you compare ... Greg Silberman joined us again, this time with a look at how the U.S. government’s plan to “freeze” mortgage rates for ...
2007-12-14 11:53:00 -
Energy prices have formed new interim bases
FXStreet.com - Money market rates continue way over target ones with almost nothing changing ... Compare with Goldman Sachs’ estimated bonus pool ($20B and you get to keep the ... UK and US final Q3 GDP, GB November Public Finances, Money Supply and Mortgage ...
2007-12-14 09:04:00 -
Mortgage Marketing System
Colleyville Courier - Compare up to four free mortgage quotes by completing an easy online form. Competitive rates from leading mortgage companies. No obligation. Available throughout America. http://www.freehomequotes.org/ The Latest Mortgage News Keep yourself informed ...
2007-12-14 08:07:00