Mortgage and Financial News From 2008-2-24 Page 28
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Commercial market looks better than residential
AZCentral.com - ... foreclosures for single-family home loans in coming months, especially on adjustable-rate mortgages. Payment problems are spreading from sub-prime to ... Brinkmann also said he wasn't especially concerned about upcoming interest-rate resets on ARMs, which ...
2008-02-22 12:32:00 -
Poland's PM Says Single-rate Flat Tax Will Come In 2010 - AFP
FXStreet.com - Poland's PM Says Single-rate Flat Tax Will Come In 2010 - AFP WARSAW (AFP)--Poland's Prime Minister Donald Tusk announced Friday moves to introduce a ... facts, views, opinions and recommendations of individuals and organizations deemed of interest.
2008-02-22 03:42:00 -
Debtors not worried about losing house
News.com.au - But another interest rate rise next month could shake them out of their apparent complacency. ... The switched-on people who read the financial pages are seeing what's happening overseas with the sub-prime crisis, but ...
2008-02-22 01:12:00 -
Revenues reach $5.5M with assist from SBA
El Paso Times - For loans of $5,000 to $25,000, the interest rate is the prime rate plus 4.75 percent, which comes out to 10.75 percent. For loans of $35,000 or $50,000, the rate is prime plus 3.25 percent, which is now 9.25 percent.
2008-02-22 11:56:00 -
Economic slowdown largely unfelt in S.C.
The State - In the month before the poll, Federal Reserve chairman Ben Bernanke lowered the prime interest rate by three-quarters of a percentage point because of concerns the economy was weakening.
2008-02-21 08:47:00 -
Utility gets bids for prime site
Union-News & Sunday Republican - HOLYOKE - Holyoke Gas & Electric received two bids yesterday each totaling more than $3 million for a prime piece of ... It (the bid) will ultimately go the bidder who's in the best interest to the rate payers," Lavelle said yesterday.
2008-02-23 04:09:00 -
Bank of Baroda cuts lending rate by 50 bps
Business Standard - Bank of Baroda (BoB) has reduced its prime lending rate (PLR) by 50 basis points to 12.75% to stimulate credit demand. ... Asked about the impact on interest income due to the rate revision, Nisture said it will be minimal in the fourth quarter ending ...
2008-02-22 05:51:00 -
Buono targets government waste
Home News Tribune - ... even further by failures in the auction bond market — another fallout from the sub-prime lending crisis. When there are too few bidders on bonds whose interest ... Unquestionably, the collapse of the auction-rate bond market could have serious long-term ...
2008-02-24 01:16:00 -
Education loans may come with insurance
Economic Times - A cap of sorts has been fixed for the cost of such loans — the rate of interest should not exceed the benchmark prime lending rate (BPLR) for loans up to Rs 4 lakh.
2008-02-23 08:34:00 -
On Native Ground
American Reporter - Interest rates rose to their highest levels since the Civil War. In June 1982, the prime rate — the benchmark for mortgages and consumer loans - was 21.5 percent.
2008-02-23 01:42:00 -
Cleveland: ghost town created by America’s loan scandal
Times Online - Number of sub-prime mortgages that will have their interest rate reset this year: 1.8m Typical rise in monthly payment (third year): 30%-50% Sub-prime share of all new mortgages in 2006: 28%
2008-02-23 02:39:00 -
The First of Long Island Corporation Announces 2007 Earnings Increase
MSN MoneyCentral - GLEN HEAD, N.Y., Feb. 22, 2008 (PRIME NEWSWIRE) -- In 2007, The First of Long Island Corporation (Nasdaq: ... and deposit cost controls, enabled the Bank to maintain its net interest margin in 2007 despite the unfavorable interest rate ...
2008-02-22 07:53:00 -
Dallas Fed chief not afraid to buck traditional views on economy
Dallas Morning News - With consumer prices climbing at the fastest rate in years, even as an economic ... Fisher to argue at a recent Fed meeting that interest rates should not be cut despite ... In a short framed letter from Tony Blair, the former British prime minister ...
2008-02-24 12:48:00 -
Bank interest cuts will not benefit house hunters
Economic Times - The euphoria over banks cutting prime lending rates (PLR) may not spill over to ... This results in a reduction in interest rates of lending, including home loans. ... Shah pointed out that the positive impact of the rate cut will be on the ...
2008-02-23 04:12:00 -
Wednesday, February 20
News.com.au - WHEN 1000 of the nation's "best and brightest" gather for Prime Minister Kevin Rudd's 2020 ... AUSTRALIA'S rate of economic growth has started to slow as higher interest rates begin to take their toll, a leading indicator shows.
2008-02-24 01:31:00