Mortgage and Financial News From 2008-1-25 Page 41

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  • Proposed Mortgage Plan Could Aid Markets (Washington Post)

    WASHINGTON -- A component of the government's tentative economic stimulus package announced Thursday would give an immediate lift to buyers and sellers in higher-priced housing markets.
    2008-01-25 09:31:31

  • Warren's mobile police station is deployed (Detroit Free Press)

    The City of Warren's new mobile command police station will be stationed at 9 Mile and Ryan Road for today and tomorrow from 10 a.m. until midnight.
    2008-01-25 09:55:29

  • What will you do with your tax-rebate check? (12 News Phoenix)

    Save, spend, invest or pay down debt? Taxpayers in Arizona and other states have some decisions to make now that Congress and the White House have announced a deal to stimulate the economy with a special $150 billion package of tax rebates and incentives.
    2008-01-25 09:58:10

  • The Fed's Cut -- Can You Get a Better Rate Now?

    Street.Com - The big news this week is the Federal Reserve's whopping 75-point rate cut. So is it time yet to refinance your car ? Or start shopping for that new set of wheels? Maybe not quite yet. The effect of the interest rate cut may take time to show up in ...
    2008-01-24 01:28:00

  • FM hints at flexibility in interest rates

    Times of India - Our interest rates are set in order to contain inflation but if (high interest rate) is a dampener to growth, we will respond through appropriate fiscal and monetary measures," he said. Admitting that there could be an indirect impact of the ...
    2008-01-24 03:15:00

  • Fed rate cut seems to have awakened homeowners to the possibility of ...

    CNBC - Thirty-year fixed-rate mortgages now carry an average interest rate of 5.57 percent, down from 5.75 percent last week and from 6.32 percent a year ago, according to a Bankrate.com national survey. That's bringing them within shouting distance of the ...
    2008-01-24 02:32:00

  • Japan's Inflation Rate Doubles to 0.8% as Oil Surges (Update1)

    Bloomberg - There is a 67 percent chance of a cut by July, according to calculations by JPMorgan Chase & Co. using overnight interest-rate swaps. Consumer Confidence Consumer confidence fell to a four-year low in December and wages only ...
    2008-01-24 03:44:00

  • Fed says unaware of SocGen losses before rate cut

    Reuters India - WASHINGTON (Reuters) - The Federal Reserve was not aware of a rogue trader scandal costing French bank Societe Generale more than $7 billion in losses when the U.S. central bank decided on an emergency interest rate cut this week, a Fed source said ...
    2008-01-24 04:19:00

  • US: Gold, agricultural futures surge on expected Federal Reserve rate ...

    MSN UK News - Commodities prices climbed broadly Thursday as expectations of another U.S. interest rate cut and rebounding global equities markets boosted investors' appetite for gold, grains and other hard assets. Gold for February delivery jumped US$22.70 to ...
    2008-01-24 02:39:00

  • Euro edges up on rate view, yen pressured lower

    Guardian Unlimited - TOKYO, Jan 25 (Reuters) - The euro inched up on Friday, supported after tough inflation talk from a European Central Bank official dashed speculation of a possible euro-zone interest rate cut, even as the Federal Reserve is expected to slash rates ...
    2008-01-24 04:34:00

  • PF interest rate remains at 8.5%

    Times of India - NEW DELHI: The Central Board of Trustees (CBT) of Employees Provident Fund Organisation on Thursday fixed 8.5% as rate of interest on PF deposits for 2007-08 by "majority vote", even as representatives of trade unions opposed the decision. The TU ...
    2008-01-24 01:56:00

  • Australian Dollar Gains; Higher Stocks Boost Bets on Rate Rise

    Bloomberg - Jan. 25 (Bloomberg) -- The Australian dollar headed for a weekly gain on speculation rising stock markets will give the central bank more leeway to raise interest rates next month. The local dollar climbed for a third day against the yen as the ...
    2008-01-24 03:58:00

  • Gold, agricultural futures surge on expected Federal Reserve rate cut ...

    CNBC - NEW YORK - Commodities prices climbed broadly Thursday as expectations of another U.S. interest rate cut and rebounding global equities markets boosted investors' appetite for gold, grains and other hard assets. The Federal Reserve meets next week ...
    2008-01-24 03:44:00

  • Mexico's Peso Gains for Third Day on U.S. Interest-Rate Outlook

    Bloomberg - Jan. 24 (Bloomberg) -- Mexico's peso gained for a third day on expectations the Federal Reserve will keep cutting the benchmark U.S. interest rate, buoying the allure of higher- yielding, emerging-market assets. The peso gained 0.2 percent to 10.8911 ...
    2008-01-24 03:01:00

  • 2008 Winter Antiques Show: A Fair Fair - ARTINFO

    2008 Winter Antiques Show: A Fair FairARTINFO, NY - 15 minutes ago... and the usual crowd of collectors and curators was boosted by an influx of European collectors, likely lured by the favorable (for them) exchange rate. ...
    2008-01-25 09:00:11

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