Mortgage and Financial News From 2008-1-30 Page 57

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  • Ex-Governors Divided On Term Limits (WPTZ Plattsburgh)

    Two former Vermont governors disagree on whether the state should amend its Constitution to elect its governors to four-year terms.
    2008-01-30 11:23:29

  • Scientist: Climate Change Increases Hurricanes (WDSU New Orleans)

    When the water in the hurricane breeding grounds of the Atlantic warms one degree in the dead of summer, a new study finds overall hurricane activity jumps by half.
    2008-01-30 11:28:53

  • Fed announcement: Jan. 30, 2008 (Bankrate.com)

    afternoon to cut a key rate. What does this mean for you? As you listen to news reports about the Federal Reserve's latest rate cut, Bob Walters would like you to keep one thing in mind.
    2008-01-30 11:29:21

  • IMF chief urges countries to consider fiscal boost

    Forbes - Writing in the Financial Times a day after the IMF cut its 2008 global growth forecast, Managing Director Dominique Strauss-Kahn said that while lower interest rates were important they may have lost some of their traction in the current crisis. ...
    2008-01-30 12:56:00

  • US RATE FUTURES-Weak Q4 GDP points to 50 bps Fed cut

    Reuters - CHICAGO, Jan 30 (Reuters) - U.S. short-term interest rate futures shook off early ... Prospects for the Federal Open Market Committee to lower benchmark lending rates ... Analysts said current conditions suggested growth would not quickly bounce back in ...
    2008-01-30 09:03:00

  • Dollar Little Changed Against Euro Before Fed's Rate Decision

    Bloomberg - ... 30 (Bloomberg) -- The dollar was little changed against the euro amid speculation the Federal Reserve will reduce interest rates ... Current minor losses on stocks are generally being ignored,'' Dolan said. A larger sell-off in the stocks would ``turn ...
    2008-01-30 09:31:00

  • Treasurys retreat ahead of Fed decision

    Boston Globe - ... paused from recent rallies ahead of a widely expected interest ... The tepid growth keeps pressure on the Fed to send rates lower to boost the economy. This is particularly true because many economists think the economy is shrinking in the current ...
    2008-01-30 09:31:00

  • Wall Street Awaits the Fed

    BusinessWeek - ... levels Wednesday morning as Wall Street marked time before the Federal Reserve's 2:15 pm EDT announcment on interest rates ... strengthening in demand, and possibly most important, a significant drop in selling pressure (supply), the current rally ...
    2008-01-30 09:53:00

  • European govt bonds turn lower ahead of Fed decision

    CNBC - Before the Fed decision, US GDP data for the fourth quarter will further refine market expectations for interest rates, although their importance is limited because of their backward-looking nature. "In their current mood, the financial markets are ...
    2008-01-30 03:41:00

  • Most Asian markets fall ahead of US Fed decision on interest rates

    CNBC - Most Asian markets fall ahead of US Fed decision on interest rates ... Mizuho Financial Group lost 1.6 percent on reports that its losses on U.S. subprime-linked securities in the current ...
    2008-01-30 05:07:00

  • Newport Bancorp, Inc. Completes First Stock Repurchase Program

    Forbes - Factors that could cause future results to vary materially from current management expectations include, but are not limited to, general economic conditions, changes in interest rates, deposit flows, real estate values and competition, changes in ...
    2008-01-30 10:29:00

  • Stop the Steamroller

    Washington Post - The ostensible problem this measure would solve is the recent spike in interest rates on "jumbo" home loans -- mortgages larger than the current Fannie-Freddie cap of $417,000. In the first half of 2007, the "spread" between "jumbo" and "conforming ...
    2008-01-30 06:40:00

  • Oil prices rise on expectations the Fed will cut rates, OPEC will not ...

    Minneapolis Star Tribune - The U.S. central bank cut interest rates sharply last week, and is expected to do so again. Energy investors hope Fed measures ... an anemic rate of around 1 percent in the October-December quarter and could fall into negative territory in the current ...
    2008-01-30 06:25:00

  • Mortgage approvals fall to record low

    Reuters UK - The BoE is widely expected to cut interest rates from the current 5.5 percent at its February meeting, with markets pricing in about another three cuts before the end of the year. Total net lending showed the weakest rise in almost two years, up 9.1 ...
    2008-01-30 03:55:00

  • Mervyn King reappointed Bank of England governor for 5 year term ...

    CNBC - Given these points, it is possible that, with King still at the helm, interest rates may fall less quickly in the current economic slowdown than they might under a different governor," said Loynes. "But this is far from certain and, by and large ...
    2008-01-30 05:21:00

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