Mortgage and Financial News From 2007-9-14 Page 16
Previous Day: 2007-09-13
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Tips on How to Take Advantage of Rate Cuts
The Ledger - DETROIT - If you're banking on an interest rate cut fairly soon - and you should - it's time to consider what moves to make with your money. Do you lock up a CD now? Wait around to refinance? Drag your feet on a car loan? The Federal Reserve board ...
2007-09-14 03:14:00 -
Turkish Lira Heads for Weekly Advance Following Rate Decision
Bloomberg - Sept. 14 (Bloomberg) -- Turkey's lira headed for a weekly gain against the dollar after the central bank cut Europe's highest interest rate, stoking demand for the country's bonds and the currency to buy them. The lira rose to the highest in more ...
2007-09-14 04:32:00 -
China's central bank raises interest rates
CNN Money - BEIJING (AP) -- China raised interest rates Friday for a fifth time this year in a bid to curb rising inflation amid signs previous efforts to cool the sizzling economy were having little effect. The interest rate on one-year loans will rise by 0.27 ...
2007-09-14 03:42:00 -
US RATE FUTURES-Lean to 50 bps Fed cut on retail sales
Reuters - CHICAGO, Sept 14 (Reuters) - U.S. short-term interest rate futures rose on Friday, indicating slightly raised expectations for an aggressive Federal Reserve rate cut next week after weaker than expected August retail sales. The implied chances for a ...
2007-09-14 05:58:00 -
SA interest rate hike debate justifiable: govt (SABC News)
Deputy finance minister, Jabu Moleketi, says the raging public debate over the SA Reserve Bank’s use of interest rate hikes as the only means of bringing inflation under control is justifiable. However, Moleketi would not say whether government is considering the issue or not.
2007-09-13 10:47:31 -
Retail sales down as interest rate rises hit wallets (The New Zealand Herald)
Four consecutive interest rate hikes this year have started to bite into consumer spending, with retail sales weakening for the second consecutive month.
2007-09-13 10:30:12 -
ECB holds off on raising its benchmark interest rate (International Herald Tribune)
Markets will be looking for hints that a rate increase originally telegraphed for this month could still come this year. Earlier Thursday, the Bank of England also left its benchmark rate unchanged.
2007-09-14 05:16:52 -
Do you want an interest rate cut? (Florida Today)
The Federal Reserve is scheduled to vote Tuesday on a possible interest rate cut.
2007-09-13 10:13:22 -
China's central bank raises interest rate again (EARTHtimes.org)
Beijing - China's central bank on Friday raised the interest rates for one-year deposits and loans by 27 basis points to 3.87 per cent and 7.29 per cent, respectively. The fifth interest-rate rise this year was widely expected as the government conti...
2007-09-14 05:37:05 -
China hikes interest rate in effort to slow economy (AFP via Yahoo! Singapore News)
China's central bank announced Friday its fifth interest rate hike this year, after a slew of data showed the world's fourth-largest economy was still racing ahead with inflation at a decade high.
2007-09-14 07:02:00 -
The Student-Loan System Needs a Major Overhaul
American Enterprise Institute - Today, just as in the mortgage market, loan originators package the bulk of student ... For instance, institutions with high default rates might be penalized in federal ... give students information about an institution's student-default rate and compare ...
2007-09-13 11:43:00 -
Bluewater Wind says it will build 150-turbine farm
Delaware Online - In evaluating this document, you cannot compare Bluewater Wind’s price to Delmarva’s current rates, because they have different components ... It has at last surpassed my mortgage. A little research would reveal just how clean some of these ...
2007-09-13 03:47:00 -
The transcript follows.
Washington Post - ... endorsing ING, just mentioning it as one possible place to check for higher rates ... more (debt = bad!). Of course, there is some debt we need to take on - mortgage ... Just be sure to do independent research on how you should be diversified, compare ...
2007-09-12 05:57:00 -
In Defence of Conspiracy Theories
Indymedia Ireland - An attempt to answer some of the criticisms of 'conspiracy theorists', to show that factors in modern society make it all too possible for conspiracies to exist, and difficult for them to be exposed. I know I know, this is way too long!:-) To solve ...
2007-09-13 11:46:00 -
Casualties of the credit boom
CNN - On Friday the financial world was rocked when one of the biggest UK mortgage lenders ... comes down when its time to collect: a slight upward movement in interest rates ... Always compare yourself to poorer people." The bulk of callers ringing the Citizens ...
2007-09-14 04:25:00
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