Mortgage and Financial News From 2007-10-16 Page 17

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  • Australia's Howard stumbles on rates in election

    MSN UK News - ... John Howard, struggling to win a fifth term, suffered an embarrassing setback when he misquoted official interest rates ... Last month, Labor leader Kevin Rudd was caught out when he did not know the current tax rates, prompting the government to ...
    2007-10-16 12:27:00

  • JGBs rise on stocks, strong debt auction helps

    Reuters - But many bond investors hesitated to take aggressive positions in the absence of major domestic data that could give fresh clues on when the Bank of Japan will raise interest rates to 0.75 percent from the current 0.5 percent. Market players looked ...
    2007-10-15 11:58:00

  • Adjustable rates still a mystery to many, study says

    Minneapolis Star Tribune - ... requirement the AFL-CIO is likely to seek is up-front disclosure of those potential payment changes, he said. Other survey findings: • 37 percent of those whose ARMs had reset once had interest rates of 8 percent or higher, above the current 6.40 ...
    2007-10-14 05:54:00

  • Housing now biggest risk to U.S. economy: Paulson

    Marketwatch - ... in with various proposals and bills aimed at reducing the hit to borrowers as loans begin to reset to higher interest rates ... Historical and current end-of-day data provided by FT Interactive Data . More information on NASDAQ traded symbols and ...
    2007-10-16 08:27:00

  • BOK Financial Reports 14% Growth in Quarterly Earnings

    MSN MoneyCentral - Changes in the fair value of mortgage servicing rights, net of economic hedges, had little effect on the current ... the Company's earnings and help manage the balance sheet to a position that is essentially neutral to changes in interest rates
    2007-10-16 08:27:00

  • TSYS Announces Agreement to Bring the Patented, Flexible and Pro ...

    Forbes - ... current regulatory and consumer advocacy concerns regarding customer empowerment and full disclosure. Paymentflex is a dynamic personal financial management tool that promotes responsible credit use and addresses requests for low interest rates from ...
    2007-10-16 08:34:00

  • Central bank leaves interest rates on hold

    Globe and Mail - Central bank leaves interest rates on hold ... In line with this projection, the bank judges, at this time, that the current level of the target for the overnight rate ...
    2007-10-16 07:51:00

  • UPDATE 2-Bank of Canada holds rates, has slight easing bias

    Reuters - UPDATE 2-Bank of Canada holds rates, has slight easing bias ... OTTAWA, Oct 16 (Reuters) - The Bank of Canada kept its key interest rate on hold at ... The bank judges, at this time, that the current level of the target for the ...
    2007-10-16 07:15:00

  • Fed likely to cut rates to 3.75 percent: PIMCO's Gross

    Washington Post - NEW YORK (Reuters) - The Federal Reserve will cut interest rates again but probably not at the October policy-making meeting ... added that the rate of 3-month LIBOR (London Interbank Offered Rate) should be 35 basis points lower than its current ...
    2007-10-16 07:51:00

  • Dollar falls vs yen after record outflows

    Reuters - The turmoil prompted a half-percentage-point cut in the benchmark interest rate by the Federal Reserve in September. ... New York, the dollar was 0.7 percent lower against the yen at 116.58, its biggest one-day drop since September 20 at current ...
    2007-10-16 08:19:00

  • Australia's Howard stumbles on rates in election (Reuters via Yahoo!Xtra News)

    CANBERRA (Reuters) - Australia's conservative Prime Minister John Howard, struggling to win a fifth term, suffered an embarrassing setback when he misquoted official interest rates, slipping up on an issue central to his campaign.
    2007-10-15 10:33:07

  • Bank of Canada expected to leave interest rates alone (CBC)

    Analysts agree the Bank of Canada will leave its key interest rate unchanged on Tuesday morning. As for the long term, the analysts part company.
    2007-10-15 03:51:06

  • Bank of Canada expected to leave interest rates alone (CBC via Yahoo! Canada News)

    Analysts predict no change when the Bank of Canada makes its latest interest rate announcement Tuesday morning. Instead, attention is likely to be focused on hints the bank may dangle about future rate moves.
    2007-10-15 12:47:17

  • Central bank leaves interest rates on hold (The Globe and Mail)

    As expected, the Bank of Canada is holding its key interest rate steady at 4.5% as tighter credit conditions and a strong currency help cool an economy in overdrive
    2007-10-16 06:42:55

  • Fed likely to cut rates to 3.75 percent: PIMCO's Gross (Reuters via Yahoo! News)

    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.
    2007-10-16 07:52:41

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