Mortgage and Financial News From 2008-2-12 Page 01

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  • Surveyors' gloom at house prices

    BBC News - Tightening mortgage lending criteria is a block to many who are keen to take the ... The Bank of England cut interest rates at its December meeting from 5.75% to 5.5 ... the annual rate of price growth dropped to 4.2% in January, which was the lowest ...
    2008-02-12 04:54:00

  • Diane Swonk - Economy Darkest Before the Dawn

    Forbes - ... of the year. -- Short-term interest rates have plummeted in response to recent Fed easing, which has lowered the reset rate for the remaining pool of ARMs. Moreover, the 30-year fixed mortgage rate has dipped to its lowest ...
    2008-02-12 03:28:00

  • Consumer confidence hit by rate rises

    The Australian - ... has descended into gloom as the highest interest rates in 11 years and fears of a US recession stir anxiety, a survey shows. The latest reading of consumer sentiment has fallen to its lowest ... Those paying off a mortgage had their sentiment levels ...
    2008-02-12 07:17:00

  • Asian Stocks Gain on Sea-Cargo Rates, Metal Prices; BHP Climbs

    Bloomberg - ... shipping lines and commodity producers, on speculation a rally in sea-cargo rates ... Inventories monitored by the exchange fell to 164,125 tons yesterday, the lowest in ... Commonwealth Bank dropped 4.4 percent to A$47.21 after Australia's biggest mortgage ...
    2008-02-11 03:58:00

  • Hong Kong Stocks Rise for Second Day; New World, Wing Lung Gain

    Bloomberg - The city's rising residential rents and falling mortgage rates are expected to encourage more people to become home owners, the ... Pacific Airways Ltd., Hong Kong's largest airline, lost 22 cents, or 1.3 percent, to HK$16.98, headed for its lowest ...
    2008-02-12 11:13:00

  • Commonwealth Bank's Profit Growth Slows, Shares Slump (Update5)

    Bloomberg - Feb. 13 (Bloomberg) -- Commonwealth Bank of Australia, the nation's biggest mortgage ... Australia's central bank is raising interest rates to cool inflation, increasing ... The shares slipped 6.5 percent to A$46.20 at the close in Sydney, the lowest since ...
    2008-02-12 09:40:00

  • CommBank shares battered after poor result - The Age

    CommBank shares battered after poor resultThe Age, Australia - 4 hours agoMortgage rates now stand at 9 per cent which is the highest for a decade. Today's result, while including a fully franked interim dividend of $1.13 per ...
    2008-02-12 07:12:04

  • Asian Stocks Gain on Sea-Cargo Rates, Metal Prices; BHP Climbs - Bloomberg

    Asian Stocks Gain on Sea-Cargo Rates, Metal Prices; BHP ClimbsBloomberg - 4 hours agoInventories monitored by the exchange fell to 164125 tons yesterday, the lowest in more than three months. Tokyo Electron gained 2.9 percent to 6490 yen. ...
    2008-02-12 07:16:13

  • ASK Dr. NOET Alternatives to low interest-bearing deposits - Inquirer.net

    ASK Dr. NOET Alternatives to low interest-bearing depositsInquirer.net, Philippines - 4 hours agoWhen you compare the current interest rates to higher rates of years past, taking a mortgage at this time would look better. But we really cannot borrow ...
    2008-02-12 07:39:46

  • Courtesy CQ Transcripts Wire - Washington Post

    Courtesy CQ Transcripts WireWashington Post, United States - 4 hours agoIt is wrong in America when families have to mortgage or sell their homes to send their sons or daughters to college. It should be an investment we all make ...
    2008-02-12 07:55:10

  • The Real (Estate) Story - PW-Philadelphia Weekly

    The Real (Estate) StoryPW-Philadelphia Weekly, PA - 3 hours ago“If anything, I think what’s going on in the mortgage business will be good for real estate.” Mack-Ward brings up the example of a couple she knows who are ...
    2008-02-12 08:04:35

  • Do nothing seems like best advice - The Canberra Times

    Do nothing seems like best adviceThe Canberra Times, Australia - 3 hours agoThere's an initial 15percent tax if you salary sacrifice, and a 15percent tax on whatever that money earns, compared with income tax rates of up to ...
    2008-02-12 08:55:25

  • Commonwealth Bank's Profit Growth Slows, Shares Slump (Update5) - Bloomberg

    Commonwealth Bank's Profit Growth Slows, Shares Slump (Update5)Bloomberg - 2 hours ago13 (Bloomberg) -- Commonwealth Bank of Australia, the nation's biggest mortgage lender, posted the slowest profit growth in more than three years as funding ...
    2008-02-12 09:39:29

  • The first good news came from US investor Warren Buffett - FXstreet.com The Foreign Exchange Market

    The first good news came from US investor Warren BuffettFXstreet.com The Foreign Exchange Market, Spain - 2 hours ago... would have only covered sub-prime borrowers who were meeting current payments but would struggle when their mortgage rates were reset at higher levels. ...
    2008-02-12 09:50:31

  • Petrol and food fuel inflation rise - ic Wales

    Petrol and food fuel inflation riseic Wales, United Kingdom - 1 hour agoThe headline Retail Prices Index inflation benchmark, which includes mortgage payments, increased to 4.1% in January from 4% in December. ...
    2008-02-12 10:17:26

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