Mortgage and Financial News From 2008-1-16 Page 3

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  • Builder Confidence Virtually Unchanged in January (BuildingOnline)

    WASHINGTON -- Builder confidence in the market for new single-family homes was virtually unchanged for a fourth consecutive month in January as mortgage-market problems and inventory issues continued to pose challenges, according to the latest NAHB/Wells Fargo Housing Market Index (HMI), released today.
    2008-01-16 06:04:11
  • Your seven biggest financial decisions (MSN Money Canada)

    How you manage a handful of major life choices can make or break your financial future. A lot of people spend a whole lot of time worrying about the small stuff: a little extra yield on their savings, a few dollars less in mortgage payments, slightly higher returns, slightly lower commissions.
    2008-01-16 09:11:33
  • Canada Report 2007, Part I: Reaching for sub-nation status (Online Journal)

    Canadians have always prided themselves on the “goodness” if not the “greatness” of their country. Sitting north of the United States, Canadians struggle with an ideal that rejects many American ideas, yet accommodates in one way or another most of those ideas -- more so currently than in the past.
    2008-01-16 09:37:22
  • DAVID CALLAWAY: Wall Street Losing Its Own Confidence Game (Nasdaq)

    SAN FRANCISCO (Dow Jones) -- If it wasn't so scary for the rest of us, the once-in-a-generation crisis shaking Wall Street right now would be a joy to watch.
    2008-01-16 09:53:12
  • Wall Street losing its own confidence game (MENAFN)

    Wall Street losing its own confidence game
    2008-01-16 10:00:10
  • Holidays are over it's time to pay up

    MSNBC - Holidays are over; it’s time to pay for it all January is prime time for credit card deals; think before you apply ... One way to reduce your monthly payments is with a lower interest rate. Right now, the mail is full of eye-catching offers from ...
    2008-01-16 12:04:00
  • Err to compare Milwaukee's hot corner to hot-stove moves

    CBS Sportsline - Easy. Attach the prime interest rate to the homes of National League third basemen. That'll fire up the real estate market and get things moving again. Scott Rolen is out in St. Louis, moving north to Toronto. Miguel Cabrera is out ...
    2008-01-15 03:54:00
  • San Luis Trust Bank Announces Earnings of $4 Million

    MSN MoneyCentral - SAN LUIS OBISPO, Calif., Jan. 16, 2008 (PRIME NEWSWIRE) -- San Luis Trust Bank (OTCBB:SNLS) announced year-end earnings ... The interest rate environment has turned favorable, and interest margins are projected to increase significantly during the year.
    2008-01-16 02:27:00
  • AM - Swan asks banks to go easy on families

    Australian Broadcasting Corp. - So what do you say to the National Australia Bank and any other bank planning to increase interest rates? WAYNE SWAN: Well, this rate rise announced by the NAB is a direct consequence of the sub-prime mortgage crisis in the United States, but I would ...
    2008-01-16 07:42:00
  • Banks deny colluding to set interest rates

    Ottawa Citizen - ... report yesterday that the banks were discussing defying the central bank -- which is expected to cut its key interest rate by ... from TD, in which the bank's economics department speculated that some banks could choose not to reduce the prime rate ...
    2008-01-16 09:58:00
  • Jobs data adds to rate rise case

    West Online - ... about a possible US recession hurting the Australian economy down the track, and while the fallout from the US sub-prime ... last September's 33-year low of 4.2 per cent, but refused to comment on whether the figure increases the risk of an interest rate ...
    2008-01-16 09:08:00
  • Concerns mount over ongoing power cuts

    Talk Radio 702 - It did not go so far as to give any details, but earlier this week, Mbeki told visiting Irish Prime Minister Berti Ahern ... It says its client’s interest, the public interest and the principles of law demand that Pikoli should not be suspended for ...
    2008-01-16 09:08:00
  • Australian Employment Rises 20,100; Jobless Rate 4.3% (Update4)

    Bloomberg - The jobless rate fell to 4.3 percent from 4.5 percent. The longest ... has fueled wage increases and inflation, forcing the central bank to raise interest ... community services. ``We are engaged in a national war against inflation,'' Prime ...
    2008-01-16 09:51:00
  • Panel clears bill requiring notice on mortgage rate increases

    Los Angeles Times - ... state lawmakers gave a first, key approval to a bill aimed at preventing foreclosures of homes financed with sub-prime mortgages. The measure by Senate President Pro Tem Don Perata (D-Oakland) mandates notifications to homeowners of interest rate ...
    2008-01-16 10:05:00
  • Snowed Out - Ellsworth American

    Snowed OutEllsworth American, ME - 5 hours agoThe agency will reduce the interest rate on its Economic Recovery Loans with a maximum term of three years from the prime rate plus 2 percent to prime ...
    2008-01-16 05:04:00