Mortgage and Financial News From 2007-10-1 Page 5

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  • Housing to dominate Fed for years: Pimco's Gross

    Globe and Mail - Fed policy-makers, in the statement accompanying their interest rate decision, said economic growth was moderate during the first half of the year, but “the tightening of credit conditions has the potential to intensify the housing correction and ...
    2007-10-01 05:34:00
  • HK stocks seen surging to peak, tracking Wall St

    Reuters UK - Combined with further interest rate cut expectations, this will help the property stocks," said Conita Hung, head of equity markets at Delta Asia Financial Group. Also, Calpers, the biggest U.S. pension fund, said on Friday it would set aside $500 ...
    2007-10-01 05:56:00
  • European govt bonds slightly higher on weak US data, ahead of ECB rate ...

    Forbes - LONDON (Thomson Financial) - European government bonds were slightly higher following slightly weaker data in the US, although trade was subdued with the market awaiting this week's interest rate decision from the European Central Bank. The ...
    2007-10-01 10:03:00
  • Stocks Soar After Big Interest Rate Cut

    San Francisco Examiner - 2 hrs 57 ago Stocks Pass 14,000 on Rate Cut Hope 3 hrs ago Stocks Pass 14,000 on Rate Cut Hopes 4 hrs ago Stocks Surge on Rate Cut Hopes NEW YORK ( Map , News ) - A jubilant Wall Street barreled higher Wednesday after the Federal Reserve cut its ...
    2007-10-01 05:05:00
  • US HIGH YIELD-Junk bond fortunes looking up after strong month

    Reuters - NEW YORK, Oct 1 (Reuters) - Strategists are raising their outlook on U.S. high-yield bonds after a Federal Reserve interest rate cut last mont helped spark the best monthly performance in the market in four years. Investment returns on high-yield ...
    2007-10-01 03:40:00
  • Taipei shares outlook - Higher on Wall St rally, ample liquidity

    Forbes - Dealers noted that latest US economic data has boosted hopes for a further cut by the Federal Reserve of its key interest rate. The Institute for Supply Management said its index of manufacturing activity registered at 52.0 in September, below ...
    2007-10-01 05:48:00
  • Third BOC injection in three days reveals 'clog in the system'

    Globe and Mail - Central bank continues campaign to defend target interest rate; cash infusion brings total to about $3-billion since last Thursday ... Read the full article Please let us know if this reader’s comment breaks the editor's rules and is obscene ...
    2007-10-01 04:51:00
  • Will Interest Rate Cut Really Help?

    NPR News - News & Notes , October 1, 2007 · Today's economy is like a house of cards. If one thing goes wrong, then the whole system can fail. What's the ripple effect from record mortgage loan defaults and a lowered interest rate? Boston Globe reporter Keith ...
    2007-10-01 10:17:00
  • Shares of mortgage lenders jump on weak manufacturing report, spurring ...

    CNBC - NEW YORK - Shares of mortgage lenders mostly jumped Monday on the prospect that the Federal Reserve might cut interest rate targets even further following a report that manufacturing growth slowed last month. The Federal Reserve in September cut the ...
    2007-10-01 12:19:00
  • Tokyo shares outlook - Higher after Dow hits record on rate cut hopes

    Forbes - ... Management said its index of manufacturing activity was at 52.0 in September, the slowest growth in six months and below forecasts for a reading of at least 52.5, which raised expectations that the Federal Reserve may offer another interest rate cut ...
    2007-10-01 04:44:00
  • Beat high interest rates

    News.com.au - So if you're after a home loan, go to ALL of the big banks and other lenders and ask them for a discounted interest rate. At the moment, the big banks advertise standard discount of 70 basis points to 7.62 per cent if you borrow larger amounts ...
    2007-10-01 07:07:00
  • Analysts tip rate rise ahead of Christmas

    News.com.au - Analysts expect steady rates in October Some economists expect another rate this year Real estate : The latest property news AUSTRALIANS could be slapped with another interest rate rise ahead of Christmas which would take official rates to an 11-year ...
    2007-10-01 08:26:00
  • Australia's Central Bank Probably Will Keep Rate Unchanged

    Bloomberg - Oct. 2 (Bloomberg) -- Australia's central bank will probably keep its benchmark interest rate unchanged as it waits to see if there is any economic fallout from the turmoil in global financial markets. Governor Glenn Stevens and his board meet today ...
    2007-10-01 04:58:00
  • Analysts tip interest rates to climb

    News.com.au - Analysts expect steady rates in October Some economists expect another rate this year Real estate : The latest property news AUSTRALIANS could be slapped with another interest rate rise ahead of Christmas which would take official rates to an 11-year ...
    2007-10-01 08:04:00
  • Stocks Soar on New Hopes for Rate Cut (IWon - Money)

    NEW YORK (AP) — Wall Street shot higher Monday after a report on the manufacturing sector came in below analysts expectations and raised the prospects of another interest rate cut. The report, plus a big acquisition by Nokia, offset the market's concerns about a profit warning from Citigroup Inc.
    2007-10-01 08:35:34