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

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  • Mortgage rates climb, disappointing would-be home buyers (Lansing State Journal)

    WASHINGTON - Mortgage rates, which had been sliding, went up this week, disappointing news to would-be home buyers.
    2007-12-13 11:25:18

  • Sliding mortgage rates climb suddenly, disappointing would-be home buyers (Minneapolis-St. Paul Star Tribune)

    Mortgage rates, which had been sliding, went up this week, disappointing news to would-be home buyers. Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages averaged 6.11 percent.
    2007-12-13 09:08:06

  • The Scotts Miracle-Gro Company Provides Outlook of Expected Results ...

    Forbes - ... said it expects pro forma earnings per share -- which reflect higher interest ... Other current investments to reduce supply chain and other overhead costs are ... make us more susceptible to fluctuations in currency exchange rates and ...
    2007-12-13 01:27:00

  • Energy firms 'keep best deal hidden'

    Guardian Unlimited - The voluntary UK Banking Code insists that every bank send out at least one statement every year to remind customers of their current savings rates, and highlight interest rates available elsewhere on different accounts. "We support these calls for ...
    2007-12-13 03:47:00

  • Market euphoria over central banks' efforts to fix the global credit ...

    International Herald Tribune - Some analysts, including Milligan, expect central banks to continue to cut interest rates as recent reductions have yet to ... increase in 34 years, and a realization spread among investors that central banks did not have a cure for the current ...
    2007-12-13 11:40:00

  • Currency Action Via ETFs

    Forbes - Rotate into the best ETFs for the current market. Click here for year-end buys and sells in Forbes ETF Advisor, free for 30 days. Interest Rates And The Swiss Franc There are several forex relationships that are impacted by interest rates, but a ...
    2007-12-13 10:21:00

  • Chile stocks extend losses, peso eases

    Reuters - ... Thursday over continued nervousness about U.S. credit problems and ahead of a Chilean central bank decision on interest rates. ... The bank is expected to maintain its current benchmark rate at 5.75 percent. Chile's cross-sector losses were led by ...
    2007-12-13 10:43:00

  • Penn Virginia Resource Partners, L.P. Provides Guidance for Full-Year ...

    Forbes - ... coal-burning power generators; uncertainties relating to the outcome of current and future litigation regarding mine permitting; and risks and uncertainties relating to general domestic and international economic (including inflation, interest rates ...
    2007-12-13 01:20:00

  • Penn Traffic Closes Private Placement of $10 Million in New Equity ...

    Forbes - ... to attract and maintain adequate capital; the ability of the company to refinance; increases in prevailing interest rates; the ability of the company to obtain trade credit, and shipments and terms with vendors and service providers for current ...
    2007-12-13 01:27:00

  • Plan to Aid Homeowners Moving Through Senate

    CNBC - not afford their homes with higher rates, would qualify for "fast-track" loan modification and the five-year interest rate freeze. Borrowers who can afford their current loan terms would get help refinancing, but those who cannot and were poor credit ...
    2007-12-13 12:23:00

  • Fed's Geithner says cbank actions cut liquidity risks

    Reuters - The conditions that prompted the current credit crisis took time to develop and therefore would take some time to resolve, he said. The Fed on Tuesday cut short-term interest rates, bringing the benchmark federal funds rate down by a full ...
    2007-12-13 01:06:00

  • Asia's growth to slow down due to US crisis: ADB

    Daily Pioneer - Other risks include further tightening of global credit, abrupt changes in exchange rates and a continued rise in oil and ... rate in the third quarter, many economists expect it to slow to a barely discernible 1.5 per cent or even less in the current ...
    2007-12-13 10:00:00

  • Capstead Mortgage Corporation Declares Fourth Quarter 2007 Common ...

    Forbes - Commenting on current activities and market conditions, Andrew F. Jacobs, President and Chief Executive Officer, said ... both an investment return and regulatory perspective, the availability of new investment capital, fluctuations in interest rates ...
    2007-12-13 01:13:00

  • Reuters Summit-Inflation seen hanging over 2008 world economy

    Guardian Unlimited - Bill Gross, chief investment officer of Pacific Investment Management Co., the world's biggest bond fund known as Pimco, said he expects the Fed to cut benchmark interest rates to 3 percent from their current 4.25 percent.
    2007-12-13 10:21:00

  • Pay deal 'in national interest'

    BBC News - The retail prices index, on which many pay deals are based, puts the current level of inflation at 4.2%. Rethink urged ... The prime minister said interest rates had recently come down because inflation was down and that was because of the difficult ...
    2007-12-13 12:44:00

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