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

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  • Economy drives up car loan defaults - DetNews.com

    Economy drives up car loan defaultsDetNews.com, MI - 43 minutes ago"A lot of people with flex-rate mortgages can anticipate they're going to have trouble," Koelzer said. Recent interest rate cuts from the Federal Reserve ...
    2008-02-03 10:01:06

  • Rates rise as Russia's Central Bank attacks inflation - RussiaToday

    Rates rise as Russia's Central Bank attacks inflationRussiaToday, Russia - 25 minutes agoThe Central Bank of Russia announced it's raising interest rates in an attempt to curb inflation. The bank released a statement saying that from Monday the ...
    2008-02-03 10:19:37

  • Singapore Govt. Says Food Inflation Generally Lower Compared To - RTT News

    Singapore Govt. Says Food Inflation Generally Lower Compared ToRTT News, NY - 19 minutes ago... the Prime Minister Kevin Rudd said Monday. As the market is almost certain that the RBA will raise interest rate by a 25 bps to 7% on Tuesday, ...
    2008-02-03 10:25:31

  • Go for the shock absorber - Sify

    Go for the shock absorberSify, India - 17 minutes agoInterest rate adjustments are useful as far as they go but that is not much. After all, how far can interest rate be reduced? After it goes down to zero, ...
    2008-02-03 10:26:43

  • DIARY - Germany - to March 4 - Reuters

    DIARY - Germany - to March 4Reuters - 11 minutes agoTHURSDAY, FEBRUARY 7 FRANKFURT- ECB Governing Council meeting, followed by interest rate announcement 1245 GMT. News conference follows at 1330 GMT. ...
    2008-02-03 10:33:39

  • Jobs won't offset the pollution of a coal-fired plant - Roanoke Times

    Jobs won't offset the pollution of a coal-fired plantRoanoke Times, VA - 8 minutes agoThe fed is cutting its prime interest rate to increase borrowing and stimulate our economy. Rats! The CD and savings rates at local banks have dropped ...
    2008-02-03 10:36:39

  • Northern Rock’s Troubles Demoralize Its Hometown - New York Times

    Northern Rock’s Troubles Demoralize Its HometownNew York Times, United States - 6 minutes agoIts generosity stems from its roots 150 years ago as a building society, a type of lender that offered cheaper mortgages and better interest rates on ...
    2008-02-03 10:37:44

  • Mortgage stress builds on homeowners (The New Zealand Herald)

    Mortgage pressures are expected to force a growing number of people to look for less expensive homes in the year ahead. The issue has been thrust into the spotlight following Australian research, predicting a sharp jump in mortgagee sales.
    2008-02-03 08:39:32

  • Coffeehouse Business Plan (MoreBusiness)

    The concept. Thanks primarily to Starbucks, within the past 20 years the coffeehouse has become a familiar feature of American life. Every day, millions of Americans stop for an espresso-based coffee drink.
    2008-02-03 09:12:09

  • Other banks unlikely to follow HDFC in cutting home loan rates (SiliconIndia)

    If everything looks ok, type in the verificatin work in the box below and submit. Mumbai: The interest rate cut in home loans announced by Housing Development Finance (HDFC) is unlikely to lead to more such cuts by other banks in the housing finance sector.
    2008-02-03 09:26:03

  • Sensex records highest single-day gain in absolute terms (Hindustan Times)

    The Bombay Stock Exchange benchmark index jumps to 18,791.64 as investors buy shares in bluechips. Indian stocks ended an eventful week in style on Friday.
    2008-02-03 09:55:44

  • ROOTS OF CRIME series Part One (The Nassau Guardian)

    What's going on? The church was packed with mourners, half the pews filled with people who hadn't yet seen their 30th birthdays. Tears were everywhere.
    2008-02-03 10:03:02

  • Australia's PM Says His Five -point Plan Will Ease Mortgage Pain (INO News)

    (RTTNews) - The recently announced 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.
    2008-02-03 10:22:57

  • Economy drives up car loan defaults (Detroit News)

    With the economy sputtering and homeowners facing higher mortgage payments, many consumers are struggling to keep up with their car loans, too.
    2008-02-03 10:25:27

  • Northern Rock?s Troubles Demoralize Its Hometown (New York Times)

    The British bank could face nationalization should an effort being led by Prime Minister Gordon Brown?s government fail to find a buyer.
    2008-02-03 10:34:34

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