Mortgage and Financial News From 2007-10-2 Page 6

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  • NASA vs. the far-out space nuts

    Los Angeles Times - ... to make it happen — beyond brief Rutan-like jumps into space — is currently beyond its capability or interest. NASA has to prime the ... its scarce resources developing what many consider entirely unnecessary new, expensive and low-flight-rate ...
    2007-10-02 05:47:00

  • Market report: Analysts warn not to expect relief to turn into a ...

    Daily Telegraph - ... as 60 points, buoyed by a slew of positive broker comments and hopes that interest ... have now come clean about the full extent of their losses from the US sub-prime ... Analysts at the bank say that despite IG attracting new punters at a record rate ...
    2007-10-02 05:26:00

  • The great American economic horror story

    Daily Times - Or, instead, should they fret about a sub-prime-induced recession? Should they regard the Federal Reserve’s recent interest-rate cuts as temporary aberrations, with rates likely to rise again next year? Or are we on the verge of a sustained period ...
    2007-10-02 01:37:00

  • Payment shock in store for those on a fixed-rate mortgage

    This is London - A mainstream mortgage payer being shunted into the sub-prime market could face crippling interest charges of up to 2.5 per cent higher ... Standard & Poor's says there are 80,000 people who are already classified as sub-prime whose fixed-rate deals will ...
    2007-10-02 05:54:00

  • Australian interest rates kept on hold

    New Zealand Herald - Official interest rates across the Tasman have remained unchanged for another month. The last increase in official rates was in August, when the Reserve Bank in Canberra lifted the cash rate to 6.5 per cent. Since then the US sub-prime mortgage ...
    2007-10-02 06:52:00

  • Bank of England says it has received no bids for second emergency 3 ...

    International Herald Tribune - ... did not suffer a similar crisis to that of mortgage lender Northern Rock PLC, but analysts said the minimum penalty interest rate ... Putin suggests he could become prime minister of Russia
    2007-10-02 05:23:00

  • Reserve Bank leaves interest rates unchanged

    News.com.au - ... in the wake of the last interest rate rise. The August rate rise marked the fifth increase since the 2004 federal election and the ninth since 2002, leaving the RBA's official cash rate at its highest level in 11 years at 6.5 per cent. Prime Minister ...
    2007-10-02 04:14:00

  • Sub-prime claims Spanish developer

    Daily Telegraph - Sub-prime claims Spanish developer By Ambrose Evans-Pritchard ... prices 35pc above their sustainable value. Household credit grew at a 16.4pc rate ... Interest rates halved almost overnight when Spain joined the euro. Llanera said it ...
    2007-10-02 05:26:00

  • Interest rates kept on hold (Daily Telegraph)

    THE Reserve Bank of Australia has left interest rates unchanged for a second consecutive month - but homeowners could be stung next month.
    2007-10-02 04:39:00

  • Interest rates on hold (Australian Broadcasting Corporation)

    Official interest rates remain unchanged for another month.
    2007-10-02 04:43:06

  • Sub-prime hangover still lingers: Howard (AAP via Yahoo!7 Finance)

    Prime Minister John Howard says the US sub-prime problems are still filtering through the financial world and that it is not a time to change government.
    2007-10-02 05:23:11

  • Australian interest rates kept on hold (The New Zealand Herald)

    Official interest rates across the Tasman have remained unchanged for another month. The last increase in official rates was in August, when the Reserve Bank in Canberra lifted the cash rate to 6.5 per cent.
    2007-10-02 07:04:43

  • Economists remain upbeat over growth

    Swiss Info - ... difficult to gauge the impact of the credit crunch in the wake of the meltdown in the United States subprime mortgage market ... To calculate GDP, you add consumption, investment, government spending to exports (minus imports). Gross national product ...
    2007-10-02 07:24:00

  • Crunching the numbers on home mortgages

    Fort Worth Star-Telegram - LoanSaver.org, www.loansaver.org/calculate.php , calculates a monthly payment based on home price, down payment, length of loan and annual interest rate. Mortgage Calculators, mortgage-calculators.org, contains calculators on more than two dozen ...
    2007-10-02 02:24:00

  • Cutting Your Tax Bill as Stocks Soar

    Wall Street Journal - ... for tax reasons, but also because of fears that the stock market's rally may be short-lived amid such concerns as mortgage ... The result is your "cost basis" in the new securities -- the figure which you use to calculate future gains or losses. What ...
    2007-10-02 04:43:00

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