Mortgage and Financial News From 2008-1-29 Page 45

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  • Malaysia Keeps Key Rate on Hold on Inflation Concern (Update1)

    Bloomberg - Jan. 29 (Bloomberg) -- Malaysia's central bank kept its benchmark interest rate unchanged for a 14th straight meeting, refraining ... stockpiling cooking oil, rice and other essentials to safeguard supplies and stabilize prices, according to Deputy Prime ...
    2008-01-29 02:30:00

  • Sallie Drops Lawsuit Over Disputed Fee For Breakup

    Washington Post - The company was aiming to refinance the debt by Feb. 15, when the cost of maintaining it would have increased substantially. Last week, Chief Financial Officer John F. Remondi told investors that Sallie Mae was close to lining up new financing but ...
    2008-01-29 05:43:00

  • Fed Rate Cut Hopes Boost Euro Markets

    CNBC - ... to open higher Tuesday, buoyed by hopes that the Federal Reserve will cut interest ... were U.S. new-home sales for December, which fell 4.7 percent to the lowest rate ... UK Prime Minister Gordon Brown is to host the leaders of France, Germany and Italy ...
    2008-01-29 02:30:00

  • RBI keeps interest rates intact

    Hindustan Times - ... Bank on Tuesday left all key rates unchanged, dashing hopes of a cut in home, personal and other retail loan interest ... RBI said it expected inflation to be close to five per cent in 2007-08 - a year when Prime Lending Rate was at 12.75 per cent to ...
    2008-01-29 03:27:00

  • Enterprise Financial Reports 14 Percent Increase in Net Income and 3 ...

    MSN MoneyCentral - The Company is slightly asset sensitive, but was able to largely offset lower asset yields due to declines in the prime rate by aggressively cutting deposit costs. The net interest rate spread has been stable to rising over the last several quarters ...
    2008-01-29 04:53:00

  • Market Report -- Short Stories (NILE)

    MSN MoneyCentral - Among them: 1) lack of job security; 2) no home equity against which to borrow/refinance; 3) greater difficultly in obtaining incremental credit; 4) general "retrenchment" on spending levels given the now-consensus view that U.S. economic growth is ...
    2008-01-29 06:34:00

  • Fed Meeting Starts, and So Does the Guessing

    NPR News - If the Fed cuts interest rates by half a point, as many expect, it might also lower the prime lending rate, which affects credit card and home equity loans, to 6 percent. That could help prevent a prolonged slump in the housing market. But even if Wall ...
    2008-01-29 07:52:00

  • The Fed Isn't Bailing Out Anyone

    Street.Com - They will add some support to the housing market and help stretched homeowners refinance their mortgages. Lower rates will aid purchases of consumer goods and services, supporting general economic activity. They are an insurance policy against the ...
    2008-01-29 07:02:00

  • House Democrats agree to make Federal Housing Administration expansion ...

    CNBC - ... and Republican Leader John Boehner of Ohio _ and endorsed by the White House _ raises the limit on Federal Housing Administration loans from $362,790 to as high as $729,750 in expensive areas, allowing more borrowers with weak credit to refinance ...
    2008-01-29 08:21:00

  • If the Pats win, are they the best team ever? Maybe ...

    ESPN.com - Between falling interest rates and a higher ceiling for guaranteed loans, if you have a mortgage problem, refinance now or don't complain later! But the new $730,000 ceiling for conforming loans seems incredibly high, considering the median home ...
    2008-01-29 08:57:00

  • Trading scandals-the price of innovation and growth - Guardian Unlimited

    Trading scandals-the price of innovation and growthGuardian Unlimited, UK - 2 hours agoWillem Buiter, a professor at the London School of Economics who served on the Bank of England's interest rate-setting Monetary Policy Committee, ...
    2008-01-29 07:10:30

  • World Bank Chief Pledges Support For Mauritania - World Bank Group

    World Bank Chief Pledges Support For MauritaniaWorld Bank Group, DC - 2 hours agoPrime Minister Abdullah Ahmad Badawi gave no spending details in unveiling the 18-year plan in Sabah , but he is putting economic development on top of his ...
    2008-01-29 07:12:43

  • European Commission To Lower Growth Forecast, But No Recession [] - RTT News

    European Commission To Lower Growth Forecast, But No Recession []RTT News, NY - 1 hour agoThe metal hit another record high on Monday as traders demonstrated they expect another interest rate cut later this week. February-dated gold contracts ...
    2008-01-29 07:29:08

  • Ben Bernanke Is Also to Blame - American Enterprise Institute

    Ben Bernanke Is Also to BlameAmerican Enterprise Institute, DC - 1 hour agoIndeed, it was as late as the middle of August 2007 before the Federal Reserve started the current interest rate cutting cycle. This was long after it had ...
    2008-01-29 07:34:25

  • Borrowing Costs Are Expected to Drop - The Associated Press

    Borrowing Costs Are Expected to DropThe Associated Press - 1 hour agoThe prime rate applies to certain credit cards, home equity lines of credit and other loans. Should all this happen, then both the Fed's key rate and the ...
    2008-01-29 07:40:46

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