Mortgage and Financial News From 2007-12-12 Page 4
Previous Day: 2007-12-11
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Unemployment rise eases interest-rate pressure
News.com.au - THE unemployment rate rose for a second consecutive month in November to 4.5 per cent, easing the immediate need for another rise in interest rates. The seasonally-adjusted rise in the unemployment rate compared with an upwardly-revised 4.4 per cent ...
2007-12-12 08:59:00 -
'US interest rate cuts to influence China's monetary policy' (IANS via Yahoo! India News)
Beijing, Dec 12 (Xinhua) China's central bank governor, Zhou Xiaochuan, said Wednesday that surging domestic consumer prices and recent US interest rate cuts would have 'considerable influence' over Chinese monetary policy.
2007-12-12 07:18:57 -
Jeremy Siegel on the Interest Rate Cut: The Fed May Be 'Behind the Curve' (Knowledge at Wharton)
For the third time in the past few months, the Federal Reserve's Open Market Committee has chosen to cut short-term interest rates by a quarter percent or 25 basis points. The Fed cut its main short-term rate target to 4.25% and the "discount rate" charged on direct Fed loans to commercial banks to 4.75%. In its statement justifying the decision, the Fed noted, "Incoming information suggests ...
2007-12-12 12:39:28 -
PBOC governor: CPI surge, U.S. interest rate cuts to influence China policy (People's Daily)
China's central bank governor, Zhou Xiaochuan, said on Wednesday that surging domestic consumer prices and recent U.S. interest rate cuts would have "considerable influence" over Chinese monetary policy. The central bank, the People ...
2007-12-12 05:45:29 -
Fed cuts interest rate a quarter point (AP via Yahoo! News)
The Federal Reserve cut a key interest rate by one-quarter of a percentage point Tuesday, but Wall Street took a tumble. Investors were disappointed that the central bank did not act more boldly to keep the country out of a recession.
2007-12-11 12:19:38 -
Interest Rate Outlook for 2008 (Daily FX via Yahoo! Finance)
Changes in interest rate expectations have been the main force behind many trends in the currency market. However, since interest rate expectations are both difficult to obtain and hard to measure, many traders prefer to stay away from them.
2007-12-12 05:11:43 -
Bank Raises Key Norway Interest Rate (AP via Yahoo! Finance)
Norway's central bank raised its key interest rate by a quarter of a percentage point to 5.25 percent on Wednesday, bucking the global trend amid worries about the global financial situation, to keep the nation's oil-exporting economy from overheating.
2007-12-12 09:09:22 -
NASA Hubble Space Telescope Daily Report # 4504
SpaceRef - ... hypothesis that these galaxies have recently stopped forming stars and to compare ... SEDs and Accretion Rates of z~0.36 Seyferts We propose a multiwavelength ... 220Marketing specializes in providing mortgage marketing for mortgage companies and ...
2007-12-11 03:53:00 -
Save £2,053 By Christmas 2008
Sky.com - ... Rate (SVR), which is usually at least two per cent higher than the most competitive rates on the market. If you took out your current mortgage a few ... A broker will be able to compare the true costs of different deals for you and ensure you keep the ...
2007-12-10 03:54:00 -
Calgary rated top city in Canada and among best in North America ...
Edmonton Sun - The report rates urban centres' attractiveness along seven main categories, such ... The Conference Board also attempted to compare Canadian cities with those in the U ... homeowners spending a whopping 42 per cent of their income on mortgage payments. ...
2007-12-12 12:31:00 -
Auto Leasing Losing Appeal
Street.Com - ... every three years could lose some of its appeal now that falling interest rates ... But since late September, with the mortgage crisis spreading and the economy slowing ... Compare that against online packages and what your bank provides. Getting these ...
2007-12-12 09:18:00 -
House price falls are fastest in two years
Guardian Unlimited - ... prices across the UK fell at their fastest rate in more than two years last month as higher interest rates and tighter controls on mortgage ... The figures for November compare the proportion of surveyors reporting a drop in prices with those who saw ...
2007-12-12 04:49:00 -
The income taxes people really pay (OECD Observer)
When comparing different tax systems, most people tend to look at top rates of personal income taxes imposed by central government. However, concentrating on these ‘headline’ rates can be misleading. In the first of a two part series, Flip de Kam and Chiara Bronchi explain why.
2007-12-12 05:46:36 -
Links We Like (NBC 5 Chicago)
If you're facing an upcoming rate change on your adjustable-rate mortgage, you may be a bit uncomfortable. More Whether you're selling you house yourself, or using an agent, we have tips for you.
2007-12-12 12:54:33 -
Auto Leasing Losing Appeal (TheStreet.com)
Falling interest rates and sales incentives are making it more attractive to buy than it has been in a while.
2007-12-12 09:26:41
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