Mortgage and Financial News From 2007-12-19 Page 2

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  • BOJ Keeps Interest Rate at 0.5% in Unanimous Decision (Update3)

    Bloomberg - Dec. 20 (Bloomberg) -- The Bank of Japan refrained from raising interest rates in the first unanimous decision since June, after business confidence fell and central banks provided cash to counter a credit squeeze that threatens global growth ...
    2007-12-19 10:10:00

  • BOJ Keeps Interest Rate at 0.5% in Unanimous Decision (Update1) (Bloomberg.com)

    Dec. 20 (Bloomberg) -- The Bank of Japan refrained from raising interest rates in the first unanimous decision since June, after a drop in business confidence signaled companies are bracing for slower economic growth.
    2007-12-19 08:27:53

  • BOJ Keeps Interest Rate at 0.5% in Unanimous Decision (Update3) (Bloomberg.com)

    Dec. 20 (Bloomberg) -- The Bank of Japan refrained from raising interest rates in the first unanimous decision since June, after business confidence fell and central banks provided cash to counter a credit squeeze that threatens global growth.
    2007-12-19 10:36:15

  • Zeti: Current interest rate supports growth (The Star)

    KUALA LUMPUR: Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz says the Government maintains that the current interest rate is below the neutral level and supportive of the country’s growth process.
    2007-12-19 04:12:42

  • Composite interest rate in HK falls to 2.22% (People's Daily)

    The composite interest rate in Hong Kong fell to 2.22 percent at the end of November from 3.25 percent at the end of October, Hong Kong Monetary Authority said on Wednesday. Following a decrease of nine basis points in October, the ...
    2007-12-19 05:15:21

  • Yen Slightly Down Against Majors Amid BOJ Interest Rate Decision (Nasdaq)

    (RTTNews) - Amid the BOJ interest rate decision, the Japanese yen weakened slightly versus its major counterparts. At about 11:00 pm ET, the yen was worth 113.33 against the buck, 226.46 against the pound, 98.18 against the franc and 163.02 against the euro.
    2007-12-19 08:15:08

  • Despite interest rate, banks take Fed's $20B in loans (El Paso Times)

    WASHINGTON -- Cash-strapped banks took the Federal Reserve up on its offer of $20 billion in short-term loans to help them overcome credit problems, but the interest rate wasn't as low as some had hoped.
    2007-12-19 11:13:33

  • Bank of Japan Holds Interest Rate Steady (AP via Yahoo! Finance)

    Japan's central bank left its benchmark interest rate unchanged at 0.5 percent Thursday after a two-day policy meeting held amid persistent concerns that a U.S. economic slowdown could hinder Japan's economic recovery.
    2007-12-19 08:29:38

  • State NAACP to join lending lawsuit

    Charleston Post & Courier - Blacks are estimated to be between 31 percent and 34 percent more likely to be put in a higher cost mortgage than similar white borrowers, according to data from 2004 to 2006 that the NAACP collected under the Home Mortgage Disclosure Act. The racial ...
    2007-12-19 09:05:00

  • President Bush Discusses Economy In Virginia

    Scoop - In other words, the company is subject to the individual tax rates. And so ... use -- mortgages have been bundled, so the savings and loan doesn't own the mortgage ... but also we're developing a qualitative index, so that people are able to compare ...
    2007-12-17 05:40:00

  • BOJ Keeps Interest Rate at 0.5% in Unanimous Decision (Update2)

    Bloomberg - Borrowing costs have soared following the collapse of the U.S. subprime-mortgage market. ``Financial-market volatility will probably increase from now on,'' said Teizo Taya, a former central bank policy maker and now an adviser at the ...
    2007-12-19 09:05:00

  • Judge DeWeese trying to tackle Richland County home foreclosures

    Mansfield News Journal - MANSFIELD — Judge James DeWeese is trying to create a court-backed program to bring together mortgage lenders and borrowers to reduce the number of home foreclosures in Richland County. The program is likely to include court mediation sessions to ...
    2007-12-19 03:08:00

  • ANC elects Zuma as leader

    Globe and Mail - Best solution is to raise interest rates and cause a deep recession. We all knew ... There is NO WAY that anyone can compare the level of corruption and barbarism of ... North to Canada from the American epicentre of the ABCP corporate crony mortgage scam
    2007-12-17 03:53:00

  • Bill lifts taxes on forgiven mortgage

    Detroit News - This guarantees that someone who loses their home in foreclosure or is forced to refinance at a rate below their mortgage does not have insult to injury added by getting another tax bill," said Stabenow, who authored the Mortgage Forgiveness Debt ...
    2007-12-19 10:10:00

  • High-flying loonie keeps inflation at bay

    Globe and Mail - Hitting parity made people compare prices between Canada and the U.S. much more ... The report bolstered expectations that the Bank of Canada will cut interest rates ... the pump - which were up 17.6 per cent from a year ago - along with rising mortgage ...
    2007-12-18 03:59:00

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