Mortgage and Financial News From 2008-1-18

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  • Forex - Dollar gains belatedly on confidence data, Bush speech eyed

    Forbes - A fall in mortgage rates and talk of tax cuts can go a long way to dispelling financial markets' gloom and doom,' he said. The ... bank of Luxembourg, gave the first signs of a possible shift this week, when he said the ECB could 'look through' current ...
    2008-01-18 08:34:00

  • GLOBAL MARKETS-World markets weigh US stimulus package

    Forbes - ... fourth straight day as banks and insurers tumbled on renewed worries over mortgage ... European Central Bank will also start lowering its benchmark rate from the current ... The market is definitely nervous about any risk of the ECB signaling that rates ...
    2008-01-18 10:07:00

  • Shares in freefall amid fears of a global downturn

    News.com.au - ... bleak after the country’s major banks have reported multi-billion dollar losses following the sub-prime mortgage ... Just think for a second what rising interest rates will have on our current account. Posted by: Dion Zorino of Perth 5:06pm today
    2008-01-18 10:00:00

  • Text of comments by Treasure Secretary Henry Paulson and Ed Lazear on ...

    Minneapolis Star Tribune - ... which brings together the industry to deal with the subprime mortgages whose rates ... financing states and localities can use to help this industry and help in the mortgage area. And so, we'd like to do that and give them more flexibility. The current ...
    2008-01-18 11:26:00

  • Fitch Releases U.S. State Housing Finance Agencies 2007 Statistical ...

    Forbes - The SHFAs were able to achieve close to full spread on mortgage rates. At the same time, with short-term ... The next one to two years may test some of the resiliency of the SHFA portfolios given the current downturn in the U.S. housing and mortgage ...
    2008-01-18 10:21:00

  • Further rate cuts quite possible: Fed's Lacker

    CNBC - A slowing economy requires lower real interest rates because it means a softer ... And the current downside risks mean that further slowing, and thus further easing ... prop up their capital after incurring huge losses huge losses on sublime mortgage ...
    2008-01-18 07:01:00

  • Multi-Family Housing Construction in the US Supported by Easing ...

    Forbes - ... included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares. Multi-family housing construction is supported by easing mortgage ... Demand and Supply Industries KEY STATISTICS Current ...
    2008-01-18 10:00:00

  • Mortgage rates keep declining

    Chicago Tribune - WASHINGTON - Rates on 30-year mortgages dropped for the third-straight week to the lowest level since the summer of 2005 as worries intensified about the current economic slowdown. Freddie Mac, the mortgage company, reported Thursday that 30-year ...
    2008-01-18 08:05:00

  • ECB's Noyer and Weber keep focus on inflation - Guardian Unlimited

    ECB's Noyer and Weber keep focus on inflationGuardian Unlimited, UK - 3 hours ago"We expect a moderation of the high inflation rates in the direction of 2 percent this year and in 2009 we will be in any case about 2 percent ... not ...
    2008-01-18 08:17:43

  • A Stimulus Package in Our Future? - Daily Reckoning - American Edition

    A Stimulus Package in Our Future?Daily Reckoning - American Edition, MD - 3 hours agoAnd does Big Ben think that this $150 billion will do anything to help housing and the mortgage meltdown? Well, if he does, then he's loonier than I ...
    2008-01-18 08:36:03

  • Forex - Dollar gains belatedly on confidence data, Bush speech eyed - Forbes

    Forex - Dollar gains belatedly on confidence data, Bush speech eyedForbes, NY - 3 hours ago'A fall in mortgage rates and talk of tax cuts can go a long way to dispelling financial markets' gloom and doom,' he said. ...
    2008-01-18 08:47:18

  • DGA Lands Agreement, Ball in WGA’s Court - NewTeeVee

    DGA Lands Agreement, Ball in WGA’s CourtNewTeeVee, CA - 2 hours agoBelow 100000 breakpoint: rate will be paid at the current rates of .30% until worldwide gross receipts reach $1 million and .36% thereafter. ...
    2008-01-18 09:01:14

  • Survey: Commercial Real Estate Hiring and Compensation to Remain ... - Business Wire (press release)

    Survey: Commercial Real Estate Hiring and Compensation to Remain ...Business Wire (press release), CA - 2 hours agoParticularly surprising is the finding that nearly half of all commercial mortgage firms surveyed intend to hire new staff even despite the recent slowdown ...
    2008-01-18 09:04:28

  • Crescent Financial Corporation Announces Financial Results for Q4 ... - CNNMoney.com

    Crescent Financial Corporation Announces Financial Results for Q4 ...CNNMoney.com - 2 hours agoResults were impacted by a decline in mortgage loan origination revenue and losses sustained on the disposal of other real estate owned. ...
    2008-01-18 09:20:55

  • Multi-Family Housing Construction in the US Supported by Easing ... - PR-Inside.com (Pressemitteilung)

    Multi-Family Housing Construction in the US Supported by Easing ...PR-Inside.com (Pressemitteilung), Austria - 1 hour agoMulti-family housing construction is supported by easing mortgage interest rate and also construction work in the region affected by Hurricane Katrina. ...
    2008-01-18 10:15:48

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