Mortgage and Financial News From 2007-9-25 Page 19

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  • Slovak central bank keeps main interest rate at 4.25 pct

    Forbes - PRAGUE (Thomson Financial) - The Slovak central bank (NBS) left its main interest rate unchanged today at 4.25 pct, in line with expectations. The move is seen bringing Slovakia's rates in line with the euro zone levels in anticipation of the country ...
    2007-09-25 03:36:00

  • Investors weigh future rate cuts amid negative reports

    Baltimore Sun - These reports take on even more significance as Wall Street speculates about what the Federal Reserve's next move will be after last week's half-point interest rate cut. Data that show the economy is continuing to slow could bolster the case for ...
    2007-09-25 08:30:00

  • Mexican Bonds Decline for a Fourth Day on Rate-Rise Speculation

    Bloomberg - Food inflation is still very high,'' said Jorge del Castillo, a bond trader at Mexico City-based brokerage Invex Casa de Bolsa SA. ``It's making the market anticipate an interest-rate increase before the end of the year.'' Yields on the 7.25 ...
    2007-09-25 08:44:00

  • US RATE FUTURES-Up on weak confidence, housing

    Reuters - CHICAGO, Sept 25 (Reuters) - Prospects for another Federal Reserve rate cut in October jumped after reports on Tuesday showing a drop in consumer confidence and further weakness in the residential housing market. Short-term interest rate futures ...
    2007-09-25 07:26:00

  • Consumer, Housing Decline Boosts Rate-Cut Hopes

    CNBC - existing home sales swooned in August, according to reports released Tuesday that supported the view that the Federal Reserve would soon cut benchmark interest rates again. Paul Sakuma / AP Consumer confidence fell to its lowest in nearly two years ...
    2007-09-25 08:16:00

  • Rate cut won't spark big auto deals (Bankrate.com via Yahoo! Finance)

    The Fed's interest-rate cut Sept. 19 is not likely to put the pedal to the metal when it comes to the flagging auto industry.
    2007-09-25 03:00:00

  • Slovak central bank keeps main interest rate at 4.25 pct (The Forex Market)

    PRAGUE (Thomson Financial) - The Slovak central bank (NBS) left its main interest rate unchanged today at 4.25 pct, in line with expectations. The move is seen bringing Slovakia's rates in line with the euro zone levels in anticipation of the country's adoption of the euro currency in 2009.
    2007-09-25 02:44:45

  • (AFX UK Focus) 2007-09-25 10:41 GMT: Slovak central bank keeps main interest rate at 4.25 pct (Interactive Investor)

    PRAGUE (Thomson Financial) - The Slovak central bank (NBS) left its main interest rate unchanged today at 4.25 pct, in line with expectations.
    2007-09-25 03:09:50

  • No interest rate cut for Oman (AME Info)

    Oman's Central Bank Governor Hamood Sangour Al-Zadjali said his country has no plans to lower its interest rates, becoming the third Gulf country with a dollar peg not to follow the recent rate cut by the US, reported Reuters.
    2007-09-25 03:12:02

  • Texas Sets Discount, Interest Rate for Oct. 1 - Dec. 31, 2007 (Insurance Journal)

    The Texas Department of Insurance Division of Workers' Compensation has determined 7.66 percent to be the rate for any interest or discount provided for in workers' compensation statute. The rate is e
    2007-09-25 08:11:49

  • The Impact of Merit Scholarships

    Inside Higher Ed - So the university could also compare the results to students who were identified as ... However, all of the characteristics noted in the study (enrollment, tuition rates ... In the end, our family chose not to second mortgage our home and my son chose not to ...
    2007-09-23 09:37:00

  • The Fall of Detroit: Insider Sees Errors of 1970s in GM Strike

    Bloomberg - In May, New York-based hedge fund firm Cerberus Capital Management LP bought Chrysler, just before the subprime mortgage crisis dried up cheap money for future investments. Cadillac, which sold almost as many cars as the next seven luxury brands ...
    2007-09-25 05:52:00

  • Freddie Mac's portfolio grew 19.3 pct in August

    Reuters - NEW YORK, Sept 25 (Reuters) - Freddie Mac's (FRE.N: Quote , Profile , Research ) retained portfolio grew by an annualized 19.3 percent in August to $732.2 billion, the second largest U.S. home funding company said on Tuesday. The company's mortgage ...
    2007-09-25 05:38:00

  • Real estate blogger taps into bursting market bubble

    San Francisco Gate - Homedebtors who are owned by their McAlbatross and cannot sell them for enough to cover mortgage, (home equity lines of credit), back taxes, etc. can be described as living "under house arrest." Accidental landlord: A (flipper) who cannot sell his flip ...
    2007-09-25 06:14:00

  • Grace judge balks at U.S. request

    Baltimore Sun - The Maryland Department of Labor, Licensing and Regulation said yesterday that it has faxed a letter to American Home Mortgage Investment Corp., asking the company to explain why it sent bad checks to local jurisdictions for homeowners' property taxes
    2007-09-25 04:55:00

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