Mortgage and Financial News From 2008-2-3 Page 2

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• T&T exchange rate is critical

  Trinidad Express - ... consumers and business via increasing credit through the reduction in bank prime ... There is little immediate interest in stemming the depreciation of the US dollar. But ... Our major problem is the management of the risks to our economy-our exchange rate ...
  2008-02-03 08:11:00

• Australia's PM Says His Five -point Plan Will Ease Mortgage Pain

  RTT News - ... government's five-point plan targeting inflation and a budget surplus will help ease the stress of struggling home-loan borrowers, the Prime Minister Kevin Rudd said Monday. As the market is almost certain that the RBA will raise interest rate by a ...
  2008-02-03 09:58:00

• Jan Moore Column: How rate cuts by Fed affect community banks

  Statesboro Herald - Those with home equity loans will be affected also because their rates are tied to the prime interest rate. Until next week, I bid you au revoir. Got a scoop for Jan? Call her at (912) 489-9463 or e-mail her at jmoore ...
  2008-02-03 02:42:00

• DIARY - Germany - to March 4

  Reuters - Bobby Charlton, amongst others, will attend a wreath laying ceremony.- THURSDAY, FEBRUARY 7 FRANKFURT- ECB Governing Council meeting, followed by interest rate announcement 1245 GMT. News conference follows at 1330 GMT.- ANKARA- Turkish Prime ...
  2008-02-03 10:20:00

• Focus on hedges against inflation - Bangkok Post

  Focus on hedges against inflationBangkok Post, Thailand - 4 hours ago''The dollar is a global currency and to the extent that the Fed is going to be injecting tons of money via interest rate cuts, it means there is a risk of ...
  2008-02-03 05:47:44

• Stephen King: The Fed cuts rates while the ECB frets over ... - Independent

  Stephen King: The Fed cuts rates while the ECB frets over ...Independent, UK - 4 hours agoWhile the ECB refuses to cut interest rates, the Federal Reserve has been slashing rates with gay abandon despite an inflation rate of over 4 per cent. ...
  2008-02-03 05:59:00

• Economic Prognosis - Kommersant

  Economic PrognosisKommersant, Russia - 4 hours agoBut stags on the world stock market know that the exchange rate of a currency is determined by a difference in interest rates in different countries. ...
  2008-02-03 06:36:51

• Singapore 380 cst forecast at $400-500 pmt into Q2 - bunkerworld (subscription)

  Singapore 380 cst forecast at $400-500 pmt into Q2bunkerworld (subscription), UK - 3 hours agoWith the US economy slowing largely due to its sub-prime mortgage crisis, other nations with trades closely linked to the US will suffer a similar meltdown ...
  2008-02-03 07:20:20

• House prices have peaked - Standard Bank - Business Report

  House prices have peaked - Standard BankBusiness Report, South Africa - 2 hours agoThe prime interest rate of 14.5 percent was the same as in August 2003, he said. The increased rigour in the granting of credit as a result of the National ...
  2008-02-03 08:13:14

• Mortgage stress builds on homeowners - New Zealand Herald

  Mortgage stress builds on homeownersNew Zealand Herald, New Zealand - 2 hours agoHigh interest rates and a downturn in the housing market is set to put Kiwi homeowners under real pressure this year. Photo / Reuters Mortgage pressures are ...
  2008-02-03 08:17:10

• Norwegian Winner of Nobel Prize in 2004 to Deliver a Speech in a ... - ScandAsia.com

  Norwegian Winner of Nobel Prize in 2004 to Deliver a Speech in a ...ScandAsia.com, Thailand - 2 hours agoHence, he isn't an advocate of interest-rate cuts, which have become an urgent measure used by the US Federal Reserve to deal with the serious consequences ...
  2008-02-03 08:17:48

• Go Slow on Swiss Re - Barron's

  Go Slow on Swiss ReBarron's - 1 hour agoEven if that rate halves because of pressure on future reinsurance premiums, Swiss Re's estimated earnings before interest and taxes would be CHF11 billion ...
  2008-02-03 09:02:10

• IR changes can't impact inflation - Turnbull - NEWS.com.au

  IR changes can't impact inflation - TurnbullNEWS.com.au, Australia - 1 hour ago"The real question now is, Wayne Swan and Kevin Rudd want to change our IR laws, can they guarantee ... interest rate rises in the future will not be a ...
  2008-02-03 09:15:05

• HK cuts prime interest rate by 0.25% - China Knowledge Online

  HK cuts prime interest rate by 0.25%China Knowledge Online, Singapore - 1 hour agoHSBC Holdings<5> and Bank of China (Hong Kong)<2388> announced to cut the prime interest rate from 6% to 5.75%, while Standard Chartered Bank lowered the ...
  2008-02-03 09:23:43

• Davos and the new battle for food, oil and water - Business Day

  Davos and the new battle for food, oil and waterBusiness Day, South Africa - 56 minutes agoThe meeting took place against a background of crashing stock markets, panicky interest-rate cuts and a massive bank fraud. The global financial system is ...
  2008-02-03 09:47:43

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