Mortgage and Financial News From 2007-12-28 Page 13

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  • German inflation projected to rise 2.2 % for 2007; highest rate in 13 ...

    CNBC - Data from Germany, Europe's largest economy is important to interest rate decision made by the European Central Bank, which is expected to keep its rates unchanged at 4 percent at its next meeting on Jan. 10. The bank has not change its rate since ...
    2007-12-28 08:09:00

  • AEP Transmission Venture With Allegheny Files to Establish FERC Rate ...

    MSN MoneyCentral - AEP's ability to constrain operation and maintenance costs; the economic climate and growth in AEP's service territory and changes in market demand and demographic patterns; inflationary and interest rate trends; AEP's ability to develop and ...
    2007-12-28 10:53:00

  • FED FOCUS-Job weakness likely to dictate U.S. rate cuts

    Forbes - CHICAGO(Reuters) - Increasingly weak job growth is likely to dictate more interest-rate cuts from the Federal Reserve in the first quarter of 2008, regardless of an uptick in inflation. The Federal Open Market Committee's single-minded focus on the ...
    2007-12-28 11:58:00

  • U.S. Stocks Gain on Rate Speculation; Citigroup, Exxon Advance (Bloomberg.com)

    Dec. 28 (Bloomberg) -- U.S. stocks rose on speculation falling interest rates will strengthen the financial system and keep the housing slump from causing a recession.
    2007-12-28 06:57:53

  • (AFX UK Focus) 2007-12-28 10:53 GMT: ECB average refi rate 4.27 pct, marginal rate 4.20; awards 20.0 bln eur (Interactive Investor)

    FRANKFURT (Thomson Financial) - The European Central Bank said the weighted average interest rate on accepted bids at today's main refinancing operation rose to 4.27 pct from 4.21 pct last week.
    2007-12-28 03:12:53

  • South Africa: Interest Rates 'Cause More Worry Than Politics' (AllAfrica.com)

    South Africans worry more about interest rate hikes and property prices than about political uncertainty in the new year, says Seeff property group chairman Samuel Seeff.
    2007-12-28 03:28:06

  • FOCUS More weak UK housing data adds to case for early 2008 BoE rate cut (Sharewatch)

    LONDON (Thomson Financial) - Fears the UK housing market will worsen next year have increased after key data showed evidence of a significant slowdown, and have added to the case for another interest rate cut by the Bank of England early next year.
    2007-12-28 04:01:09

  • Another interest rate hike looms for the new year (SABC News)

    Yet another piece of economic data has pointed to a new interest rate hike next month. The Reserve Bank reports that private credit extension edged up to 22.57% in November. This was worse than market expectations and the 22.27% recorded in October.
    2007-12-27 11:27:09

  • U.S. Economy, Stocks Fine Despite Housing Mess

    Smart Money - The closely related collapse of subprime-mortgage lending has triggered disruptions ... and nonfinancial, business and household — grew at or near the fastest rates ... Compare that to what the bears are saying at the top of their lungs anytime they ...
    2007-12-28 07:04:00

  • Homes market in for a tough year

    IC Wales - PREDICTED cuts in interest rates will not be enough to stop the Welsh housing ... There was more evidence of a cooling housing market yesterday after mortgage lending ... sale time sellers experienced during the recent boom years, it does not compare to ...
    2007-12-28 12:59:00

  • Record Number Of Sex Crimes Reported In 2007 (WLKY Louisville)

    Sex crime detectives said they've investigated more than 500 cases this year -- more than any other year since the city and county merged in 2003.
    2007-12-28 08:32:14

  • New home sales slump; business activity up

    Boston Globe - New single-family home sales dropped 9 percent to an annual rate of 647,000 in November from a downwardly revised pace of ... Rising mortgage delinquencies and foreclosures have roiled financial markets in recent months as a host of securities tied to ...
    2007-12-28 10:46:00

  • New-home sales hit 12-year low

    MSNBC - Home buyers wait for market to hit bottom   Mortgage investigations face major hurdles   The housing and mortgage meltdowns have raised the odds that the country will fall into a ...
    2007-12-28 09:49:00

  • US homebuilder stocks take a hit from housing data

    Reuters - The fundamentals are still deteriorating and for things to improve we would like to see lower home prices and lower mortgage rates to help shift some of the inventory out there." Toll Brothers (TOL.N: Quote , Profile , Research ) shares were down 23 ...
    2007-12-28 09:06:00

  • Dollar's Share of Currency Reserves Falls, IMF Says (Update3)

    Bloomberg - ... exchange reserves fell to a record low in the third quarter as demand for U.S. assets waned after the subprime- mortgage market ... Treasuries Rise After Drop in New-Home Sales Exceeds Economists' Estimates MBIA, Ambac Shares Drop on Buffett's ...
    2007-12-28 08:09:00

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