Mortgage and Financial News From 2007-11-6 Page 6

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  • Bank of England to freeze key interest rate amid credit crisis: analysts (AFP via Yahoo! News)

    The Bank of England is expected to leave interest rates on hold again Thursday despite concerns over the impact of the global credit squeeze on the local economy, analysts said.
    2007-11-06 07:25:46

  • Interest rate rise 'a blow' to tourism (AAP via Yahoo!Xtra News)

    The latest interest rate rise is another blow for tourism, the industry's Victorian peak body says.
    2007-11-06 06:37:11

  • Australian Dollar Gains as Central Bank Raises Interest Rate (Bloomberg.com)

    Nov. 7 (Bloomberg) -- The Australian dollar rose to near a 23-year high as the central bank increased its benchmark interest rate by a quarter-percentage point to an 11-year high of 6.75 percent to contain inflation.
    2007-11-06 03:29:53

  • Australia Raises Interest Rate to 6.75% on Inflation (Update1) (Bloomberg.com)

    Nov. 7 (Bloomberg) -- Australia's central bank increased its benchmark interest rate a quarter percentage point to an 11-year high today to quell inflation sparked by an accelerating domestic economy and increases in fuel and food costs.
    2007-11-06 03:12:51

  • Australia Raises Interest Rate to 6.75% on Inflation (Update2) (Bloomberg.com)

    Nov. 7 (Bloomberg) -- Australia's central bank raised its interest rate to an 11-year high and sparked speculation of another increase after Governor Glenn Stevens said inflation will exceed his target.
    2007-11-06 04:29:53

  • Regal bearing worn down by the rise in tat

    Scotsman - ... on top of "Princes Mall" next to the Waverly Steps is a mess when you compare it to ... of shops along Princes Street is to say the least dire but business rates etc are ... We also had to spend much less of our time working to pay off our mortgage. Civic ...
    2007-11-06 07:52:00

  • Q3 2007 Alpha Bank S.A. Earnings Conference Call - Final

    Insurance News Net - We have furthermore enhanced our mortgage offering, enabling us to obtain the number ... to deal with it. If you look on the diagram on the lower left-hand side and compare ... that we are faced with a benign interest rate environment, with interest rates ...
    2007-11-06 01:28:00

  • Acquisition and Leasing Activity

    Earthtimes - ... between vacant properties and income producing properties, acquisition cap rates ... Unsecured revolving credit facility $266,726 $145,452 Mortgage ... of the performance of REITs, FFO will be used by investors as a basis to compare ...
    2007-11-06 06:50:00

  • Nationwide housing troubles expected to get worse

    Ashland Daily Tidings - That would compare with a 66 percent plunge in housing construction during the 1980s slump, a period when mortgage rates hit double-digit levels, and a 36 percent fall in construction during the 1990-91 housing downturn. The current housing slump has ...
    2007-11-06 12:52:00

  • Some action rather than reaction is what is required from King now (The Scotsman: Business)

    TODAY and tomorrow, the wise heads of the Bank of England monetary policy committee (MPC) will be pondering the latest data on the UK economy and deciding on interest rates. I don't envy them their deliberations - rarely have the economic entrails been...
    2007-11-06 04:24:54

  • Australia lifts interest rate to 11-year high

    Globe and Mail - Home   National British Columbia Prairies Ontario Quebec Atlantic Politics Education World Americas Europe Asia-Pacific Africa-Mideast ... Rising mortgage rates are a sensitive topic in a country where 70 per cent of households own their homes and debt is at record ...
    2007-11-06 03:37:00

  • U.S. Stocks Advance, Led by Oil, Metals Producers; Exxon Gains

    Bloomberg - Financial shares have dropped 12 percent as a group in the past month as firms announced writedowns on their holdings of mortgage securities and corporate loans, and investors speculated more losses lie ahead. Google Gains ...
    2007-11-06 03:01:00

  • Citigroup Names Subprime Portfolio Head

    Forbes - Home Business Tech Markets Entrepreneurs Leadership Personal Finance ForbesLife Lists Opinions Video Blogs E-mail Newsletters People ... on subprime debt appropriately before the credit markets froze up over the summer, when worries about spiking subprime mortgage ...
    2007-11-06 03:44:00

  • UPDATE 1-Countrywide, bank outlooks now negative -Fitch

    Reuters - Mortgage, home equity and residential builder loans have all shown stress for a number of banks," Fitch said. Fitch previously had Countrywide, the largest U.S. mortgage lender, on rating watch "evolving" -- meaning the rating could be raised ...
    2007-11-06 12:38:00

  • GM to Take $39 Billion Charge for Deferred Taxes (Update3)

    Bloomberg - The decision is another sign of a worsening outlook for the U.S. economy and auto sales, as GM cited ongoing mortgage-related losses at its partly owned GMAC LLC finance unit and ``more challenging near-term automotive market conditions in the U.S ...
    2007-11-06 03:51:00

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