Mortgage and Financial News From 2007-10-3 Page 23
Previous Day: 2007-10-02
Return to the mortgage news archive home.
Page: 1 - 20 21 22 23 24 25 26
-
State Farm to reduce rates by 9% to comply with law
Miami Herald - ... the largest private insurer of homes in Florida, agreed to lower homeowner rates ... several issues regulators had raised recently, including the company's current ... The refund will include 5 percent simple interest. The settlement also resolves an ...
2007-10-02 11:52:00 -
Belgium's Reynders says ECB should cut rates if growth falters
Forbes - ... Financial) - Belgian finance minister Didier Reynders said the European Central Bank should keep interest rates ... I think that rates should be held at their current level, with a view to relaxing the pressure later in the event of an unfavourable ...
2007-10-03 02:23:00 -
House prices shrug off interest-rate rises
News.com.au - ... developer, Harry Triguboff's Meriton, has increased its building program from a low of 1000 units a year ago to a current ... Renters depressed, anxious Telcos: Howard, Telstra war over split Airlines: Qantas faces hits on YouTube RBA: Interest rates remain ...
2007-10-02 05:47:00 -
State Farm to reduce rates by 9% to comply with law (Miami Herald)
State Farm of Florida, the largest private insurer of homes in Florida, agreed to lower homeowner rates by an average of 9 percent statewide in order to comply with a law passed in January.
2007-10-03 12:08:03 -
Belgium's Reynders says ECB should cut rates if growth falters (Sharewatch)
BRUSSELS (Thomson Financial) - Belgian finance minister Didier Reynders said the European Central Bank should keep interest rates on hold for the moment and then cut them if growth falters.
2007-10-03 01:17:52 -
RBA keeps rates at 6.50 per cent (AAP via Yahoo!7 News)
The Reserve Bank of Australia has kept interest rates unchanged, but rates could rise again if inflation is high in the September quarter.
2007-10-02 05:12:31 -
BI expected to keep rates on hold for 3rd straight month (Antara News)
Indonesian central bank, Bank Indonesia (BI), is expected to keep interest rates on hold for a third straight month Monday, as a recent rise in inflation will make it difficult for the bank to stay within its year-end inflation target range.
2007-10-03 12:53:40 -
Rates tipped to stay on hold (Australian Broadcasting Corporation)
The Reserve Bank is expected to keep interest rates at current levels this month amid continued volatility in global credit markets.
2007-10-02 02:40:48 -
RPT-UPDATE 2-HBOS sees opportunities in riskier world, shares up
Reuters - LONDON, Oct 2 (Reuters) - Britain's biggest home lender HBOS Plc (HBOS.L: Quote , Profile , Research ) warned that rising financing costs are likely to result in a "fundamental shift" in the UK mortgage market, but would provide it with "real ...
2007-10-02 12:54:00 -
Mortgage rise hits RAMS
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 03:10:00 -
Sallie Mae Rejects Reduced Cash Offer
Baltimore Sun - ... After a group of investors reduced its cash offer for Sallie Mae by 17 percent on Tuesday, the nation's largest student lender ... More recently, The Home Depot Inc. lowered the sale price on its wholesale supply unit by 17 percent to complete its sale to ...
2007-10-02 04:43:00 -
Countrywide Tells Workers, 'Protect Our House'
Wall Street Journal - Having suffered a barrage of negative headlines while battling to shore up its finances and shrink its work force of 60,000 by as much as 20%, the nation's largest home-mortgage lender is launching a PR blitz aimed at repairing its reputation. And it ...
2007-10-02 09:29:00 -
UPDATE 2-Morgan Stanley to cut about 600 mortgage jobs
Reuters - ... Suisse Group (CSGN.VX: Quote , Profile , Research ) plans to cut 150 jobs, while HSBC Holdings Plc (HSBA.L: Quote , Profile , Research ) said it is closing its U.S. mortgage unit, cutting 750 jobs. Countrywide Financial Corp, the largest U.S. home lender ...
2007-10-02 02:20:00 -
Mortgages to cost more, warns bank
Daily Telegraph - The head of Britain's biggest mortgage lender has warned that home loans will become more expensive as a result of the crisis in the money markets. Andy Hornby, the chief executive of HBOS, which owns Halifax, believes "the mortgage market is about ...
2007-10-02 06:16:00 -
U.K. Service Industries' Growth Weakens to 13-Month Low
Bloomberg - Higher credit costs, which caused a run on mortgage lender Northern Rock Plc, threatens to curb growth in financial services and consumer spending. Economists predict the Bank of England will probably keep its benchmark interest rate at a six- year ...
2007-10-03 01:54:00