Mortgage and Financial News From 2007-9-16 Page 2
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Wall Street Anticipates Interest Rate Cut (Fox News)
Investors expect Fed on Tuesday to cut interest rates to help fight global credit crunch.
2007-09-16 09:19:38 -
Interest rate cut would benefit public (Savannah Morning News)
NEW YORK - Wall Street players aren't the only ones with a lot riding on whether the Federal Reserve cuts interest rates on Tuesday - Main Street could also see some pretty dramatic benefits.
2007-09-16 09:59:49 -
Federal Reserve considers cutting an important interest rate (Bristol Herald Courier)
A housing meltdown, the painful credit crunch and the dreaded "R" word could weigh heavily on the Federal Reserve when it meets this week to consider cutting an important interest rate.
2007-09-16 02:17:30 -
Interest rate war considered unlikely (NZPA via Yahoo!Xtra News)
Kiwibank's move to lower mortgage interest rates could help take some of the sting out of higher debt servicing costs for homeowners coming off existing fixed rates, but an interest rate war in considered unlikely.
2007-09-16 01:37:39 -
Fed interest rate cut seen this week (Lexington Herald-Leader)
For the first time in more than four years, the Federal Reserve appears ready to lower interest rates to prevent a housing meltdown and a painful credit crunch from driving the economy into a recession. A rate cut would affect millions of borrowers, with the intention of getting them to spend and invest more, which would revitalize the economy. In one of their most important and anxiously ...
2007-09-16 08:41:36 -
Supporters gear up for Cabela's referendum
Rapid City Journal - Assuming that the give-away is defeated in the referendum vote on September 18th, the City probably should go ahead and sell the land, and use the VERY REAL proceeds to prevent the coming escalation in trash collection fees, and water and sewer rates ...
2007-09-14 05:54:00 -
Shift in housing market
Anchorage Daily News - ... years ago, the Neffs remodeled it "from head to toe," taking out a second mortgage ... Or, one could compare the city's current market to the scene in the 1990s, and ... used to buy expensive houses -- now come with much higher interest rates, Carman ...
2007-09-16 04:16:00 -
Misleading mortgage ads target borrowers in subprime market
Atlantic City Press - Many mortgage advertisers are making potentially deceptive claims about incredibly low rates and payments, without ... of the cost of credit - including the cost of loan fees and points - and which can be used to shop for and compare mortgage offers
2007-09-16 07:08:00 -
Nervous investors keep eye on gold
Seattle Times - ... pulling their money out of investments that might be hit by lower interest rates ... tangible,' " he said, referring to collateralized debt obligations, a mortgage ... Compare that with the Standard & Poor's 500 index, the stock-market benchmark ...
2007-09-16 02:24:00 -
AP Business NewsBrief at 12:35 a.m. EDT
CNBC - ... more than four years, the Federal Reserve appears ready to lower interest rates ... for $5._ Cookies, two packages-for-one at $3.99. _ New $200,000 fixed-rate mortgage ... to the Shopzilla Web site, where shoppers can search for merchandise and compare ...
2007-09-16 09:34:00 -
Greenspan predicts double-digit rates (USA Today)
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2007-09-16 09:19:47 -
National Australia Bank quiet on buy-out
News.com.au - Crowds of panicked customers began withdrawing their savings last week from Britain's fifth-biggest mortgage lender, which relies on inter-bank credit to fund its home loans. But NAB was giving little away on its intentions today. ”We don't comment ...
2007-09-16 09:05:00 -
Hasselbeck's fumble leads to Arizona victory, 23-20
Seattle Post Intelligencer - Seattle man wins · Figures in Met Mortgage scandal settle with SEC · N. Idaho place names changed to remove 'squaw' · Mariners ... Home Delivery: (206) 464-2121 or (800) 542-0820 seattlepi.com serves about 1.7 million unique visitors and 30 million page ...
2007-09-16 04:55:00 -
Time for Optimism, at Least in Wardrobe
US News and World Report - NEW YORK (AP) -- It's going to be a bright and sunny spring, judging by the rainbow of colors previewed at New York Fashion Week. Forget the war, forget the mortgage crisis - it's not fashion's role to tackle the weighty issues on people's minds ...
2007-09-16 05:38:00 -
Write-offs may pose riddles in investment banks' earnings reports
Los Angeles Times - Home & Garden ... Skeptics say the banks could take advantage of accounting rules to play down large potential losses in beaten-down mortgage ...
2007-09-16 05:38:00