Mortgage and Financial News From 2007-9-17 Page 13

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  • Credit woes and lower oil price to weigh on TSX

    National Post - Investors will remain cautious ahead of a U.S. interest rate decision on Tuesday, when the Federal Reserve is expected to cut interest rates by at least 25 basis points, with some calling for as much as 50 basis points, to cushion the economic blow ...
    2007-09-17 06:09:00
  • War in Iraq all about the oil

    The Australian - He forecasts that inflation will be harder to contain in future and predicts that far higher interest rates will be needed to maintain price stability. Economists have been critical of his 2003 decision to cut interest rates which, they argue, helped ...
    2007-09-17 07:42:00
  • Centre postpones national airline IPO

    Economic Times - ... wait for that to happen before going ahead with the IPO for NACIL. Incidentally, this is the second such decision in the past few weeks. Earlier Jet Airways had decided to defer its rights issue for some months, citing unfavourable interest rates ...
    2007-09-17 09:58:00
  • Attention News/Health Editors:

    CNW Group - Childhood obesity rates have almost tripled in Canada over the past two decades. One of every six Canadian kids aged 2 to ... This topic is of great interest to government agencies, health charities, the drug and biotechnology industry sector, and ...
    2007-09-17 11:03:00
  • Tyson: Are CDs better than bond funds on matters of risk? (Houston Chronicle)

    Q: I'm curious as to why you recommend bonds and bond funds as safe investments. I agree that when you buy individual bonds, they are safe if you hold them to maturity. You get your initial investment back along with interest. You might even make more if rates go down and you sell them
    2007-09-16 10:48:03
  • What Sectors Benefit From a Rate Cut?

    Forbes - ... are more likely to spend on smaller-ticket items like personal electronic devices if rates are cut because of the size of the investment and other current ... Flat and declining home prices and rising mortgage delinquencies in recent months could hinder ...
    2007-09-17 12:43:00
  • Greenspan: Fed Couldn't Stop Housing Bubble

    CNBC - In 2004 we tried to raise mortgage rates by moving the 10-year Treasury note up and we failed," Greenspan told CNBC, adding that ... And Greenspan stressed that while current Fed Chief Ben Bernanke faces some of the same problems he did as chairman ...
    2007-09-17 07:35:00
  • Drop In Interest Rates Expected

    NewsNet 5 - ... For the first time in more than four years, the Federal Reserve appears ready to lower interest rates to ... If current conditions persist in mortgage markets, the demand for homes could weaken further, with possible implications for the broader ...
    2007-09-17 11:03:00
  • Metals - Gold rises to another fresh 16 month high

    Forbes - Expectations are high that the Fed will cut rates by at least 25 basis points tomorrow ... On Friday, bullion rallied partly on reports that current financial market turmoil had claimed yet another victim - UK mortgage lender Northern Rock.
    2007-09-17 09:44:00
  • Navigant Consulting Reschedules 2007 Investor Conference for...

    MSN MoneyCentral - ... new opportunities on the horizon including those related to the sub-prime mortgage ... accountabilities to assure that our resources are best deployed to address current ... integrate new consultants into the Company's practices; utilization rates ...
    2007-09-17 09:58:00
  • London shares close lower; Northern Rock, Alliance & Leicester plunge ...

    Forbes - ... to offer much support ahead of the FOMC's decision tomorrow on interest rates. At ... while UBS slashed its target to 445 pence from 805 and Cazenove reduced its current ... The Financial Services Authority said it has stepped up its monitoring of mortgage ...
    2007-09-17 11:24:00
  • Global stocks tumble as N.Rock woes deepen

    Reuters - ... hit a one-year low as concerns over financing for banks grew after UK mortgage ... more financial institutions may have been hit by high interbank lending rates ... The current Northern Rock situation will put a renewed focus on a link between ...
    2007-09-17 09:51:00
  • Wall Street's pre-Fed woes

    CNN Money - ... meeting, as investors worried that the central bank won't cut interest rates by ... The recent rise in mortgage defaults and the tightening of credit have raised bets ... the Fed to cut the fed funds rate, which impacts consumer loans, with the current ...
    2007-09-17 01:11:00
  • Euroshares close lower on Northern Rock funding woes, Fed rate jitters ...

    Forbes - ... as the financial sector continued to reel from UK mortgage lender Northern Rock's funding woes, in a market that also remains jittery ahead of a US Federal Reserve decision on interest rates. ... held talks to buy Northern Rock, even before the current ...
    2007-09-17 10:13:00
  • Business Minute: Stocks falter...auto talks resume...Microsoft's EU ...

    WDAM-TV - This Week in House and Home House & Home Main Today's Mortgage Rates In the Know Movie Listings Personal Finance This Week in Money ... NEW YORK (AP) - Merrill Lynch says it will cut jobs at its First Franklin Financial mortgage unit, which it bought less ...
    2007-09-17 10:48:00