Mortgage and Financial News From 2008-2-23 Page 15

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  • March interest rate expected to remain at 4.25%

    Jerusalem Post - The central bank's concern is that lowering interest rates from the current 4.25% could ease the appreciation of the shekel and raise inflation, he said.
    2008-02-21 11:28:00

  • Two-Year Treasuries Decline, Halting 9-Week Rally (Update1)

    Bloomberg - ... long way without a significant correction and could be subject to a correction of 25 to 50 basis points from current ... Some foresaw raising interest rates, possibly at a ``rapid'' pace, once the economy recovers.
    2008-02-23 08:56:00

  • The Economic Stimulus Package: Will It Work, and for Whom?

    Street.Com - I think it will be enough to get the economy growing, along with low interest rates." 2001 vs. 2008 The best analogy to the current package was the Economic Growth and Tax Relief Reconciliation Act of 2001, a response to the recession that began that ...
    2008-02-23 08:13:00

  • Essential services vs. budget cuts (Fernandina Beach News-Leader)

    On Jan. 29, a majority of voters in Nassau County made it clear that they have grave concerns about how local government is using its funds.
    2008-02-23 07:26:03

  • Edmunds seeking BISD Position 2 (Brenham Banner-Press)

    Kris Edmunds has filed for Position Two on the Brenham school board. Edmunds and incumbent Carey Counsil have both filed for the position. Edmunds and her husband Walt have been residents of Brenham since 1994 and own Brenham Plumbing.
    2008-02-23 07:45:45

  • The Economic Stimulus Package: Will It Work, and for Whom? (TheStreet.com)

    Wharton professors weigh in on the potential impact of all of those $600 to $1,200 rebate checks.
    2008-02-23 08:16:14

  • Address fails to inspire area politicians (Edwardsville Intelligencer)

    Illinois Governor Rod Blagojevich's State of the State address Wednesday was meet with a resounding yawn by some area politicians. "Today's speech was all hot air and hairspray," Republican State Representative Ron Stephens of Greenville said.
    2008-02-23 08:31:05

  • The Best 0% Balance Transfer Credit Card In Town (The Motley Fool)

    We take a look at the classically Foolish product -- the 0% balance transfer credit card.
    2008-02-23 09:17:34

  • For the new year, old challenges (International Herald Tribune)

    The new year may be a challenging one for Asian policy makers. Year-end U.S. closing stocks for wheat are the lowest in six decades; soybeans in Chicago touched a 34-year peak this week. Palm oil in Malaysia climbed to a record Wednesday.
    2008-02-23 09:22:15

  • How Craigmillar became hot property. . in just 20 minutes

    Edinburgh News - If you go to a good lender you'll get up to 5 times your salary. And let's not exagerrate ... So a more realistic assessment for me would be two people buying a home together, saving up perhaps £10,000 as a deposit, getting a mortgage for £115k over ...
    2008-02-23 07:51:00

  • TD Bank CEO paid more than peers in 2007

    Forbes - ... chief executive of Toronto-Dominion Bank , Canada's second-largest bank, took home ... their targets, in part because they got caught up in the U.S. subprime mortgage ... Entwistle's departure is linked to TD's decision last year to become a major lender ...
    2008-02-21 10:31:00

  • Britain passes Northern Rock nationalization law

    Reuters South Africa - You are here: Home > Article ... Britain's fifth-largest mortgage lender was rescued by loans of about 25 billion pounds from the Bank of England in September ...
    2008-02-21 03:25:00

  • S&P cuts GMAC's rating deeper into junk

    Boston Globe - ... Ratings Services cut its rating on GMAC Financial Services on Friday, saying steep losses at the lender's mortgage arm ... ResCap recognized steep losses on mortgage debt as flagging home prices forced a spike in unpaid home loans.
    2008-02-22 08:21:00

  • Northern Rock pulls 125 per cent mortgages

    Times Online - ... first-time buyers because the extra unsecured element frees up cash to cover the extra costs of buying a home ... If they take out a mortgage with another lender, they will have to pay an extra 5 per cent interest on the personal loan element of their ...
    2008-02-21 09:12:00

  • Kenneth Harney: Lenders, insurers splitting premiums

    Arizona Daily Star - ... announced Feb. 14 affected a dark corner of the mortgage business — splits of mortgage insurance premiums between lenders and insurers. What? My lender is ... For example, home builders who agreed to send their title business to particular insurers ...
    2008-02-23 04:45:00

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