Mortgage and Financial News From 2007-10-16 Page 14

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  • Moss tips interest rate hike, unrest

    The Australian - MACQUARIE Bank chief executive Allan Moss has tipped an interest rate rise in Australia and has warned that there remains the risk of a setback in global markets due to the worldwide credit squeeze. The bank chief's prediction comes on the back of a ...
    2007-10-16 07:51:00
  • China sees CPI, not asset prices, as key to interest rate moves ...

    Forbes - BEIJING (XFN-ASIA) - China puts more weight on the consumer price index rather than asset prices in deciding on interest rate hikes, the central bank's governor Zhou Xiaochuan said at the 17th Communist Party Conference. China has raised interest ...
    2007-10-15 10:32:00
  • Key interest rate kept unchanged

    Winnipeg Free Press - OTTAWA - The Bank of Canada is keeping its key overnight rate unchanged at 4.5 per cent and hinting it is less worried about inflation. As well, the bank says Canada's economy will start slowing next year. The central bank says that although ...
    2007-10-16 08:05:00
  • Bank of Canada keeps key interest rate on hold at 4.5 per cent, as ...

    Regina Leader-Post - OTTAWA - The Bank of Canada has left its key interest rate on hold at 4.5 per cent, as widely anticipated, as the higher Canadian dollar is expected to take some of the steam out of the hot economy and ease concerns over inflation. "The bank judges ...
    2007-10-16 09:38:00
  • Singapore interest rates to ease as currency appreciates - Citigroup

    CNBC - SINGAPORE (Thomson Financial) - Short-term interest rates could fall sharply in the coming months as the Singapore dollar continues to appreciate, with the benchmark three-month Singapore Interbank Offered Rate (SIBOR) falling to 2.2 percent by the ...
    2007-10-16 02:36:00
  • Sterling hit by below forecast UK CPI

    Reuters UK - LONDON, Oct 16 (Reuters) - Sterling lost ground versus the euro and dollar on Tuesday after British inflation data came in below forecast, raising expectations for an interest rate cut in the coming months. UK consumer price inflation stood at an ...
    2007-10-16 07:08:00
  • Pimco's Gross: Rate Cut Coming, But Not in October

    CNBC - The Federal Reserve will cut interest rates again but probably not at the October policy-making meeting, said Bill Gross, manager of the world's biggest bond fund on Tuesday. The Fed's target rate for federal funds is on a downward track because of ...
    2007-10-16 10:21:00
  • Mortgages: Americans Just Don't Understand Them

    CNBC - A new study from Peter D Hart Research finds only 51% of the 500 borrowers surveyed say they are very informed about their mortgage’s terms and conditions. 18% of borrowers don’t even know their current interest rate. 25% don’t know when their ...
    2007-10-16 09:31:00
  • Fannie Mae issues benchmark notes

    CNBC - WASHINGTON (AP) - Mortgage financier Fannie Mae said Tuesday it is issuing new five-year benchmark notes totaling $4 billion. The notes mature Nov. 19, 2012 and carry an interest rate of 4.75 percent and a yield of 4.825 percent. Fannie Mae has filed ...
    2007-10-16 08:05:00
  • ECB average refi rate 4.14 pct; marginal rate 4.11; awards 171 bln eur

    Forbes - FRANKFURT (Thomson Financial) - The European Central Bank said the weighted average interest rate on accepted bids at today's main refinancing operation fell to 4.14 pct from 4.16 pct last week. The marginal rate -- the lowest rate at which bids were ...
    2007-10-16 03:40:00
  • Bank of Canada injects C$591 mln to add liquidity

    Reuters - OTTAWA, Oct 16 (Reuters) - The Bank of Canada injected C$591 million ($603 million) into markets on Tuesday to lower the overnight interest rate toward the central bank's target and improve liquidity. The bank intervened regularly in August during a ...
    2007-10-16 09:17:00
  • Canadian dollar slips ahead of BoC rate decision

    Reuters - TORONTO, Oct 16 (Reuters) - The Canadian dollar slipped against the U.S. dollar on Tuesday, as investors took profit ahead of the Bank of Canada's latest decision on interest rates and its accompanying statement. Domestic bond prices rose as jitters ...
    2007-10-16 08:41:00
  • Interest rate kept unchanged at 4.5 per cent (CTV.ca)

    The Bank of Canada announced Tuesday it is holding its key overnight rate at 4.5 per cent, as was widely forecast, and hinted it is less worried about inflation.
    2007-10-16 06:13:24
  • (AFX UK Focus) 2007-10-16 05:35 GMT: China sees CPI, not asset prices, as key to interest rate moves - central bank (Interactive Investor)

    BEIJING (XFN-ASIA) - China puts more weight on the consumer price index rather than asset prices in deciding on interest rate hikes, the central bank's governor Zhou Xiaochuan said at the 17th Communist Party Conference.
    2007-10-15 09:54:26
  • Bank of Canada holds interest rate steady (CBC via Yahoo! Canada News)

    The Bank of Canada did what was widely predicted by economists as it held a key interest rate unchanged on Tuesday.
    2007-10-16 04:29:23