Mortgage and Financial News From 2008-1-29

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  • Euro Stalls Ahead of Federal Reserve Interest Rate Decision

    AME Info - By the end of this year, we expect interest rates to come down to at least 2.50 percent, which is 100bp from current levels. The Fed can get half of that easing out of the way on Wednesday and enjoy the benefits of easy monetary policy throughout the ...
    2008-01-29 03:09:00
  • Fitch Rates Richland County School District No. 2, South Carolina's ...

    Forbes - Fitch Rates Richland County School District No. 2, South Carolina's 2008A GOs 'AA ... At $2,807 per capita and 4.28% of market value, the current overall debt burden is ... Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall ...
    2008-01-29 12:53:00
  • Banks have enough cash for cutting rates

    Times of India - RBI has kept key rates unchanged but it has given a clear message to banks, asking them to move to a softer interest rate regime. ... In the current financial year, investment in the government securities went ...
    2008-01-29 03:16:00
  • Fitch Rates Denver, Colorado's $174.1MM GO Bonds 'AA+'

    Forbes - Business Wire - Press Release Fitch Rates Denver, Colorado's $174.1MM GO Bonds 'AA ... The current offering is the last sale of the city's $378 million authorization ... Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall ...
    2008-01-29 01:57:00
  • Markets rebound in key week for world economy

    Guardian Unlimited - Neverthless, the CBI survey indicates that consumer spending is not collapsing, which reinforces the case for the Bank of England to cut interest rates gradually rather than aggressively given current significant inflation risks." Contact us | Print | ...
    2008-01-29 11:20:00
  • India keeps key interest rates unchanged

    Daily Times - There is now a wide difference between Indian interest rates and current US borrowing costs of 3.50 percent, which could lure more foreign cash into India and send the rupee higher, said JP Morgan Chase economist Rajeev Malik. “India’s growth ...
    2008-01-29 01:57:00
  • Asia Day Ahead: Fed May Push Interest Rates Below Inflation

    Bloomberg - Fed May Push Interest Rates Below Inflation Jan. 30 (Bloomberg) -- The Federal Reserve may push interest rates below the pace of ... mortgage market by allowing federally chartered companies Fannie Mae and Freddie Mac to buy mortgages above the current ...
    2008-01-29 02:40:00
  • Fitch Rates Chandler, Arizona Spectrum Improvement District's Special ...

    CNBC - Fitch Rates Chandler, Arizona Spectrum Improvement District's Special Assessment ... The four current owners of the parcels will be responsible for 100% of the property ... Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall ...
    2008-01-29 03:52:00
  • US Troops Reductions May Slow or Stop

    Los Angeles Times - Petraeus recently said it would be prudent to "let things settle a bit" after the current round of troop cuts is completed in July before deciding whether and when to reduce further. Majority Democrats in Congress have pressed unsuccessfully to ...
    2008-01-29 02:33:00
  • Money funds cut maturities despite rate cuts-Crane

    Reuters - NEW YORK, Jan 29 (Reuters) - Managers of money market mutual funds normally lengthen maturities in their portfolios when interest rates fall, but in the current round of cuts they have been doing the opposite, Peter Crane, president and publisher of ...
    2008-01-29 12:53:00
  • TODAY'S EDITORIAL: In Our Interest

    Times of India - A fall in capital flows into India is unlikely to be compensated by higher remittances or a lower current account deficit. There is, therefore, no need to reduce interest rates as an exchange control measure. Higher interest rates impact lending ...
    2008-01-29 12:17:00
  • Many banks' business models 'under strain' - Scotsman

    Many banks' business models 'under strain'Scotsman, United Kingdom - 47 minutes ago... the size of their mortgage businesses to stay afloat, pushing up interest rates on mortgages and further increasing the pressures on affordability. ...
    2008-01-29 04:13:05
  • UK retail sales growth sluggish but still moving - The Herald

    UK retail sales growth sluggish but still movingThe Herald, UK - 43 minutes agoExpectations that the Bank of England will cut UK interest rates gradually will be reinforced by the signal that consumer spending, although growing much ...
    2008-01-29 04:16:35
  • Hedge proves prickly for pubs group - The Herald

    Hedge proves prickly for pubs groupThe Herald, UK - 43 minutes agoIt had been so certain that the deal would go ahead it entered into a series of derivative deals to protect it from changes in interest rates and inflation. ...
    2008-01-29 04:16:41
  • Flagstar Reports 2007 Full Year and Fourth Quarter Results - CNNMoney.com

    Flagstar Reports 2007 Full Year and Fourth Quarter ResultsCNNMoney.com - 42 minutes ago... Net interest spread - Consolidated 1.33% 1.42% Net interest margin - Consolidated 1.40% 1.54% Interest rate spread - Bank only 1.39% 1.41% Net interest ...
    2008-01-29 04:17:47