Mortgage and Financial News From 2007-9-1 Page 13

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  • Q1 GDP growth beats expectations at 9.3%

    Stockhouse Canada - Surges despite higher interest rates, inflation. The economy weathered interest rate shocks and higher inflation to grow a robust 9.3 per cent in the first quarter ended June 30 of the current financial year (2007-08), prompting Finance Minister P ...
    2007-09-01 05:50:00

  • Bernanke says Fed ready to cut rates

    USA Today - ... current, unsettled environment. While acknowledging that the economy grew at a strong pace in the second quarter of the year, he said economic data bearing on past performance "may be less useful than usual" as the central bank debates interest rates ...
    2007-08-31 01:29:00

  • For some, a chance to refinance despite default

    Los Angeles Times - What about the interest rate? An FHA loan is only modestly more costly than an ordinary loan, said Jeff Lazerson, a Laguna Niguel mortgage broker. Current rates for a traditional, so-called conforming loan averaged 6.09% on Friday, according to ...
    2007-09-01 05:28:00

  • Bernanke Keeps 'Em Guessing

    BusinessWeek - ... Reserve Chairman Ben Bernanke is one of the few economists out there who isn't sure the Fed will be cutting interest rates in a ... Nonetheless, many were hoping Bernanke would focus a bit more on current events. "There still seems to be an aloofness ...
    2007-09-01 12:49:00

  • Honda Executive Sees 3% Rise in U.S. Sales in 2007

    CNBC - Still, Mendel said he agreed with experts calling on the Fed to cut interest rates. "In light of the current monetary situation, the policy needs to mirror where we want to go," Mendel said ahead of an event that would introduce the press to Acura's ...
    2007-08-31 06:30:00

  • UPDATE 2-Honda exec sees 3 percent rise in 2007 U.S. sales

    Reuters - Still, Mendel said he agreed with experts calling on the Fed to cut interest rates. "In light of the current monetary situation, the policy needs to mirror where we want to go," Mendel said ahead of an event that would introduce the press to Acura ...
    2007-08-31 10:55:00

  • Interest rates likely to stay unchanged

    MSN UK News - Interest rates are set to remain at current levels amid new evidence that households are struggling to cope with higher mortgage payments. Economists predict that the Bank of England will hold borrowing costs at 5.75 per cent after five rate hikes in ...
    2007-08-31 11:28:00

  • ECB interest rates reaching peak-Spain's Solbes

    Reuters - MADRID, Aug 31 (Reuters) - Euro zone interest rates are getting close to their peak after eight increases by the European Central Bank and current market turbulence, Spanish Economy Minister Pedro Solbes said on Friday. Solbes made the comment after ...
    2007-08-31 03:52:00

  • Rates put on hold (Leeds Today)

    UK interest rates are likely to be held at their current level next week after new evidence that households are struggling to keep up with higher mortgage repayments. (31/08/2007 11:44:02)
    2007-08-31 10:52:33

  • ÄŒNB raises rates by a quarter point (Prague Daily Monitor)

    Prague, Aug 30 (CTK) - The Czech National Bank (CNB) governing board raised interest rates by a quarter point today in a second such hike in the course of two months, CNB spokeswoman Pavlina Bolfova told CTK.
    2007-08-31 09:08:12

  • National Bank of Hungary official interest rates - 31/08/2007 (Interfax)

    BUDAPEST. AUGUST 31. INTERFAX CENTRAL EUROPE - Following is a table of official money market rates as set by the National Bank of Hungary (MNB). The Central Bank's Monetary Policy Council kept official interest rates unchanged at its August sitting.
    2007-08-31 06:55:43

  • 'Interest rates to remain on hold' (Channel 4)

    Policymakers are set to keep interest rates at current levels next week after new evidence that households are struggling to keep up with higher mortgage repayments.
    2007-08-31 10:38:22

  • Interest rates likely to stay unchanged (Channel 4)

    Interest rates are set to remain at current levels amid new evidence that households are struggling to cope with higher mortgage payments.
    2007-08-31 11:07:40

  • Citigroup to buy Ameriquest Mortgage

    Los Angeles Times - NEW YORK -- Citigroup Inc, the largest U.S. bank, said today it agreed to buy the wholesale mortgage origination and ... Are you in default on your home loan or in danger of foreclosure? Tell us your story by e-mailing subprime@latimes.com ...
    2007-08-31 09:15:00

  • UPDATE 2-Ameriquest closes, Citigroup buys mortgage assets

    Reuters - NEW YORK, Aug 31 (Reuters) - Ameriquest Mortgage Co, the largest U.S. subprime lender as recently as 2005, is closing, the latest home loan provider to shut down amid the nation's housing market slump. Citigroup Inc (C.N: Quote , Profile , Research ...
    2007-08-31 11:16:00

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