Mortgage and Financial News From 2007-10-3 Page 22
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Index that forecasts near-term home sales fell in August to a low amid mortgage market woes (The Standard-Times)
WASHINGTON — An index that forecasts near-term home sales fell in August to a record low as would-be homebuyers had difficulty getting mortgages. Economists said the housing market's woes show no sign of improving soon.
2007-10-02 10:14:11 -
Morgan Stanley shuffles mortgage unit, cuts 600 jobs (USA Today)
Morgan Stanley said Tuesday it is cutting about 600 jobs and consolidating its mortgage businesses, after a credit crisis upended the home loan industry this summer and forced other investment banks into similar moves.
2007-10-02 01:25:44 -
Home-sales forecast stormy as mortgage market lags (San Jose Mercury News)
WASHINGTON - An index that forecasts near-term home sales fell in August to a record low as would-be homebuyers had difficulty getting mortgages.
2007-10-03 02:14:07 -
Fitch Rates Good Shepherd Group's (Pennsylvania), $79MM Revs 'A ...
Forbes - Fitch Rates Good Shepherd Group's (Pennsylvania), $79MM Revs 'A'; Outlook ... Series B bond proceeds will be used to current refund Good Shepherd's outstanding ... Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall ...
2007-10-02 12:18:00 -
Lawmakers Tackle State Dilemmas
The Ledger - We're going to have a great October," Crist said, referring not only to the current ... While the special-interest infighting on insurance is dominating much of the public ... and not the Legislature has the constitutional authority to set university rates. ...
2007-10-03 02:51:00 -
Watch Out For The 0.1% Trick!
Sky.com - As you can see, all of the above Best Buy current accounts pay headline interest rates of more than 6% a year before tax. However, these market-beating rates are only paid on credit balances up to £2,500. For all amounts in excess of this threshold ...
2007-10-01 05:56:00 -
Rates tipped to stay on hold
Australian Broadcasting Corp. - The Reserve Bank is expected to keep rates on hold. (7.30 Report) The Reserve Bank is expected to keep interest rates at current levels this month amid continued volatility in global credit markets. The board met yesterday and will reveal its ...
2007-10-02 01:22:00 -
Rates risk remains: Lings
Sunday Times South Africa - ... decision next week Thursday is again proving to be an extremely close call, there remains further upside risk to interest rates ... The current account deficit narrowed slightly, however the services account ballooned noticeably due to growing foreign ...
2007-10-03 03:06:00 -
First Potomac Realty Trust Achieves 50% Occupancy at 2000 Enterprise ...
Forbes - ... cause actual results to differ materially from the Company's expectations include changes in general or regional economic conditions; the Company's ability to timely lease or re-lease space at current or anticipated rents; changes in interest rates ...
2007-10-02 01:29:00 -
Fitch Rates Las Vegas, Nevada's $42.5MM LTGOs 'AA'; Outlook Stable
Forbes - ... be "banked" and levied in subsequent years when AV growth is below certain rates ... Fitch expects the unreserved general fund balance to remain at or above its current ... Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall ...
2007-10-02 03:31:00 -
Deposits race sends cost of funds spiralling
Economic Times - The asset and liability committee of a bank assesses the pricing of deposit and advances and decides on the interest rates to ensure sufficient NIM for the bank. According to analysts, under the current circumstances, bankers will continue to ...
2007-10-03 01:32:00 -
Fitch Rates Oakland, California's $514.3MM Port Intermediate Lien Revs ...
Forbes - Fitch Rates Oakland, California's $514.3MM Port Intermediate Lien Revs 'A ... The port's current capital program totals $1.5 billion, and if fully executed is ... Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall ...
2007-10-02 04:43:00 -
News Minute: Machine sparked deadly chemical fire...Veto for S-CHIP ...
WDAM-TV - ... on list of sites Defense Dept. is searching for unused ordnance CDC says Mississippi among states with highest smoking rates ... The mayor has told the cabbies it's in their best financial interest to stay on the job. Copyright 2007 The Associated Press ...
2007-10-02 11:31:00 -
Food price rises to kill rate-cut
This is Money - We believe the Bank of England will remain very wary for now about trimming interest rates, given that current elevated oil prices, higher food prices as a result of the bad weather, and less favourable base effects seem likely to exert upward ...
2007-10-03 01:18:00 -
ECB Should Stay on Hold: Belgian Finance Minister
CNBC - The European Central Bank should leave interest rates on hold for now but consider cutting them if the economy worsens ... I think they should hold rates at their current level and consider easing pressure later if there is an unfavourable growth ...
2007-10-03 01:47:00