Mortgage and Financial News From 2007-10-2 Page 15

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  • Housing markets shrug off rate rises (The Australian)

    AUSTRALIAN housing prices have grown by nearly 10 per cent this year, shrugging off the string of interest rate rises and jitters about the US credit crunch.
    2007-10-02 07:00:00

  • Turkish c.bank stays cautious despite rate cut (Reuters via Yahoo! Malaysia News)

    ISTANBUL, Oct 2 - Turkey's central bank will maintain its cautious stance in monetary policy despite an unexpected interest rate cut last month, Governor Durmus Yilmaz said in comments published on Tuesday.
    2007-10-02 01:05:33

  • Macbank proposed interest of 25pc (The Australian)

    A PROPOSAL to increase the interest rate on a defaulting loan to Allstate Explorations to 25 per cent was put to MacBank CEO Alan Moss.
    2007-10-02 07:00:00

  • Bank of Canada again moves to defend target rate (Toronto Star)

    OTTAWA – The Bank of Canada intervened in financial markets again today, buying $855 million of securities to defend its target overnight interest rate.
    2007-10-02 12:10:08

  • RAMS raises standard variable interest rate (Australian Broadcasting Corporation)

    Troubled mortgage lender RAMS says it had no other choice but to pass on another rate rise to its home loan customers.
    2007-10-02 12:34:55

  • ECB Under Pressure to Shun Rate Hikes (AP via Yahoo! Finance)

    The skyrocketing "super euro" and the U.S. credit crisis are casting shadows on Europe's economy, increasing pressure on the European Central Bank to back away from further interest rate increases that could send the euro even higher against the sagging dollar.
    2007-10-02 09:29:44

  • Sterling suffers as investors wait for BoE rate decision (AFP via Yahoo! News)

    The dollar clawed back lost ground on the pound as investors turned their attention to interest rate decisions in the UK later this week, as well as Friday's key US jobs data release.
    2007-10-02 09:04:07

  • Delta Raises Loan, Lowers Interest Rate (AP via Yahoo! Finance)

    Delta Air Lines Inc. said Tuesday it has increased its credit facility and reduced its interest rate on a loan provided by General Electric Capital Corp.
    2007-10-02 07:43:23

  • Are house prices falling or rising?

    This is Money - Compare & buy... Mortgage finder Home insurance Life insurance Cut your bills Homes abroad Check your credit ... The top end of the market is not mortgage based so the importance of the higher rates which are coming through is not going to have an ...
    2007-09-30 05:57:00

  • Long Beach Mortgage

    Colleyville Courier - Compare up to four free mortgage quotes by completing an easy online form. Competitive rates from leading mortgage companies. No obligation. Available throughout America. http://www.freehomequotes.org/ Ask The Mortgage Expert Forum Obtaining a mortgage ...
    2007-10-02 07:46:00

  • Mortgagebot Unveils Mortgage Marvel, a Revolutionary New Mortgage-Shopping Web Site (Business Wire via Yahoo! Finance)

    MEQUON, Wis.----Home buyers are shopping for mortgage loans, and lenders want their business. How best to bring the two groups together? For both consumers and lenders, getting together can be a real challenge--but Mortgagebot LLC of Mequon, Wis. has done something about it.
    2007-10-02 07:00:00

  • HBOS Abandons U.K. Mortgage Market Share Targets, Sees Slowdown

    Bloomberg - Oct. 2 (Bloomberg) -- HBOS Plc, Britain's biggest mortgage lender, will abandon annual home loan market share targets as it forecasts a slowdown in U.K. lending. ``I suspect that the mortgage market is about to undergo a fundamental shift,'' Chief ...
    2007-10-02 04:11:00

  • Morgan Stanley cuts 600 jobs in mortgage units

    Globe and Mail - Home   National British Columbia Prairies Ontario Quebec Atlantic Politics World Americas ... Will restructure residential mortgage business and cut employees in a move that ... Please let us know if this reader’s comment breaks the editor's rules and is ...
    2007-10-02 07:17:00

  • Ramming home exposure woe

    News.com.au - MORE than 45,000 RAMS Home Loans customers have been dealt a second mortgage rate rise in six weeks after the struggling lender was yesterday handed a $140 million rescue package by Westpac. RAMS customers with full doc variable interest rates will ...
    2007-10-02 07:10:00

  • Treasuries Gain Amid Weakness in Pending Home Sales, Stocks

    Bloomberg - Morgan Stanley, the world's second-biggest securities firm, became the latest to announce job cuts to offset a decline in mortgage-related revenue after record U.S. home foreclosures sapped demand for bonds backed by home loans. The firm is cutting ...
    2007-10-02 10:38:00

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