Mortgage and Financial News From 2008-5-20 Page 12
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Turned Down for an Auto Loan? There are Options (Carteret County News-Times)
(ARA) - In the current climate of declining property values, higher interest rates, and changes in available mortgage products, more and more homeowners are becoming delinquent or going into foreclosure.
2008-05-18 03:22:42 -
Rates may still rise in 2008: economists - ninemsn
Home buyers could face yet another interest rate rise by Christmas after the Reserve Bank of Australia (RBA) revealed it had seriously considered raising official rates in May. Central bank board members had debated whether the highest official rates ...
2008-05-19 09:14:00 -
Phew, Supreme Court upholds current muni market structure - BusinessWeek
The U.S. Supreme Court issued a 7-2 decision this morning declining to throw the entire multi-trillion-dollar municipal bond market into chaos. Phew. Nothing to see here, move along. The longer version: A couple in Kentucky sued the state for taxing ...
2008-05-19 04:49:00 -
Australian Central Bank Considered May Rate Hike - CNBC
Australia's central bank actively considered raising interest rates earlier this month as inflation was uncomfortably high, minutes of its May policy meeting showed on Tuesday, sending the Australian dollar to 24-year highs. [ AUD-TN Loading ...
2008-05-19 09:28:00 -
Forex - U.S. dollar mixed in Sydney morning trade ahead of FOMC ... - Forbes
SYDNEY (Thomson Financial) - The U.S. dollar was mixed against major currencies in mid-morning trade in Sydney, searching for direction with traders hoping that the release of minutes from the Federal Open Market Committee's last policy meeting will ...
2008-05-19 05:54:00 -
Bank of Japan keeps rates steady in uncertain times - Forbes
TOKYO, May 20 (Reuters) - The Bank of Japan left interest rates unchanged at 0.5 percent on Tuesday, as expected, opting to take more time to determine when the fog will clear from the economy -- both in Japan and around the world. Uncertainty over ...
2008-05-19 09:28:00 -
Reserve Bank considers another interest rate rise - News.com.au
HIGH inflation had the Reserve Bank of Australia agonising over whether to raise interest rates this month, with another hike still possible. The central bank's board minutes reveal that at the meeting on May 6, its members debated whether monetary ...
2008-05-19 11:51:00 -
Saugus Meet quiet, efficient (The Daily Item)
SAUGUS - Town Meeting members whipped through 12 articles in under an hour with little or no debate on any of them. Finance Committee Chairman Robert Palleschi credited his committee's solid recommendations for the swiftness of the meeting, which was the smoothest in recent memory.
2008-05-20 12:16:34 -
German April Producer-Price Inflation Accelerates (Update1) (Bloomberg.com)
May 20 (Bloomberg) -- German producer-price inflation, an early indicator of price pressures in the economy, accelerated to the fastest pace in almost two years in April on energy costs.
2008-05-20 12:17:27 -
Economy escaping recession? (Courier-Post)
Gas prices are high, food's more expensive and the job market's cold, but the U.S. may still avoid a recession.
2008-05-20 12:20:37 -
Earnings Watch: Updates, advisories and surprises (Market Watch)
A roundup of the latest corporate earnings reports and what companies are saying about future quarters.
2008-05-20 12:22:51 -
Yell chops divi in half (ShareCast)
LONDON (SHARECAST) - Advertising directories publisher Yell Group is halving its final dividend due to economic pressures which it sees continuing during the current year.
2008-05-20 12:22:51 -
Uganda: Banks Cock Ears As Equity Bank Enters the Market (AllAfrica.com)
Players in the banking sector are focusing on widening their customer base beyond the current niche as the race for Uganda's unbanked population takes centre stage following the entry of Equity Bank into the market.
2008-05-20 12:29:12 -
A signal that U.S. may avoid recession (Baltimore Sun)
Weakness but no decline indicated Gas prices are high, food's more expensive and the job market's cold, but the U.S. may still avoid a recession.
2008-05-20 12:35:10 -
UAE mortgages will double to Dh64bn in 2011 (Zawya)
20 May 2008 The UAE's mortgage market will double from Dh32 billion last year to Dh64bn in 2011, says a new report by Damac Capital International.
2008-05-20 12:58:54