Mortgage and Financial News From 2007-10-16 Page 15

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  • BOC keeps overnight interest rate unchanged (The Forex Market)

    Fxstreet.com (Barcelona) – The Bank of Canada left key interest rate unchanged at 4.50%, while recognizing that inflation risks, due to the strength of canadian dollar over U.S. dollar, have turned to the downside.
    2007-10-16 06:30:03

  • Bank of Canada keeps key interest rate on hold at 4.5 per cent, as widely expected (Global TV Winnipeg)

    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.
    2007-10-16 09:20:52

  • Gloom and doom abound

    Palm Beach Interactive - Market Tools Local Stocks Florida Stocks Mortgage Rates Living Green Blogs Archives Opinion Editorials & Letters Columnists Don Wright ... Do you really think real estate gains, or any other material thing, can compare with their well-being and happiness? From ...
    2007-10-09 05:53:00

  • PM's tax cut a bold start

    News.com.au - ... when you promised it would stay low) - In 11 years the interest rates for ... Compare that to how many know their interest rate !) you made a big deal of it ... in the last budget have been well and truly wiped out by the rises to my mortgage ...
    2007-10-15 05:39:00

  • China's men in black fire first salvo at West's assets

    Sydney Morning Herald - ... in matching black suits, black socks and dyed black hair yesterday to compare notes ... in foreign exchange reservesand effectively holds the world's interest rates in ... billion after being stung by the US subprime credit squeeze and losing two mortgage ...
    2007-10-16 07:51:00

  • Foreclosure Help May Come Too Late For Homeowner (WCVB Boston)

    Gov. Deval Patrick wants to persuade mortgage lenders to accept losses so struggling homeowners can quickly sell. That would help them avoid total financial collapse.
    2007-10-15 03:16:55

  • Entergy Miss. Announces Rate Reduction (WAPT Jackson)

    Entergy Mississippi says it's cutting electricity rates by 9 percent in October.
    2007-10-16 09:40:26

  • China's men in black fire first salvo at West's assets (Sydney Morning Herald)

    A BIG portion of the world's most powerful bankers gathered in matching black suits, black socks and dyed black hair yesterday to compare notes on the global financial system and answer questions from the international media.
    2007-10-16 07:13:43

  • Cancer Society Study Shows Death Rates Down (KCCI 8 Des Moines)

    An annual report by the American Cancer Society shows death rates declined an average of 2 percent a year between 2002 and 2004.
    2007-10-15 03:07:38

  • Foreigners Sold Record $69.3 Billion in U.S. Assets (Update4)

    Bloomberg - Foreigners dumped American assets as mortgage defaults triggered a surge in borrowing costs that spurred central banks to flood the banking system with cash and forced the Federal Reserve to reduce interest rates. Fed Chairman Ben S. Bernanke said ...
    2007-10-16 08:41:00

  • Paulson Urges Action on Housing Crisis

    Newsday - Get Home Delivery ... He also called for an overhaul of laws and regulations governing mortgage lending to halt abusive practices that contributed to ...
    2007-10-16 08:55:00

  • UPDATE 1-Freddie Mac sells $500 mln in reference REMICs

    Reuters - NEW YORK, Oct 16 (Reuters) - Freddie Mac (FRE.N: Quote , Profile , Research ), the No. 2 U.S. home funding company, said on Tuesday it sold $500 million in reference Real Estate Mortgage Investment Conduit securities, or REMICs, which was its ...
    2007-10-16 08:55:00

  • Venture West Funding Arranges $14 Million Loan on Kent, Washington ...

    Forbes - Southern California-based Venture West Funding, Inc. announced it has arranged a $14 million mortgage loan on a retail center anchored by a Lowe's Home Improvement Center in Kent, Washington. Matt Douglas of Venture West Funding arranged the ...
    2007-10-16 08:19:00

  • D.R. Horton's Orders Fall 39 Percent on Mortgage Woes (Update2)

    Bloomberg - We also experienced reduced mortgage availability due to tighter lending standards.'' New home sales have dropped an average of 18 percent and the median price has declined an average of 2.7 percent from June to August as lenders have ...
    2007-10-16 05:28:00

  • Lower Wall Street open seen on oil

    MSN MoneyCentral - Shares of Wells Fargo & Co declined 1.3 percent to $35.50 before the bell after the bank's quarterly results were hurt by credit pressures from mortgage, home equity and auto loans. Copyright 2007 Reuters Back to News Home MSN Money Search MSN ...
    2007-10-16 07:22:00

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