Mortgage and Financial News From 2008-1-10 Page 12

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  • Emerging-Market Bonds Rise as Bernanke Suggests More Rate Cuts

    Bloomberg - Jan. 10 (Bloomberg) -- Emerging-market bonds gained, led by Argentine debt, after Federal Reserve Chairman Ben S. Bernanke said further interest rate cuts may be needed to bolster growth in the U.S. economy, the biggest buyer of developing nations ...
    2008-01-10 02:41:00

  • Japan stocks up on U.S. rate cut, policy hopes

    Reuters UK - TOKYO (Reuters) - Japan's benchmark Nikkei average rose 0.22 percent on Friday, buoyed by hopes of large U.S. interest rate cuts and other policy measures to deal with an economic slowdown. JFE Holdings Inc (5411.T: Quote , Profile , Research ) and ...
    2008-01-10 04:14:00

  • U.S. prepares for more rate cuts

    News.com.au - FRESH interest rate cuts may be needed to shore up US economic growth amid a protracted housing slump and financial market turmoil, Federal Reserve chairman Ben Bernanke said overnight. The central bank chief said the outlook for economic growth in ...
    2008-01-10 03:53:00

  • Nikkei edges up, buoyed by U.S. rate cut hopes

    Reuters India - TOKYO (Reuters) - Japanese stocks edged up in seesaw trade on Friday, buoyed by expectations of large U.S. interest rate cuts to tackle a slowdown in the world's largest economy, but domestic economic fears weighed on the market. Seven & I Holdings ...
    2008-01-10 05:48:00

  • Geauga County seeks to avoid foreclosure by working with ... - WKYC-TV

    Geauga County seeks to avoid foreclosure by working with ...WKYC-TV, OH - 3 hours agoHitchcock says in the current mortgage crisis many lenders turn the decisions over to computer programs. Miss two payments, he says, and the mortgage ...
    2008-01-10 04:52:41

  • Bernanke Hints at Further Interest Rate Cuts

    NPR News - All Things Considered , January 10, 2008 · Federal Reserve Chairman Ben Bernanke came unusually close to guaranteeing interest rate cuts Thursday. In a speech about the housing market, he said the Fed stands ready to act to support economic growth ...
    2008-01-10 03:53:00

  • Bank of England holds rate cut for a month

    Daily Telegraph - Homeowners must wait another month for a cut in interest rates after the Bank of England left the cost of borrowing on hold. The Bank's Monetary Policy Committee is widely expected to reduce its interest rate of 5.5 per cent next month, having judged ...
    2008-01-10 07:28:00

  • Thornburg shares fall on stock sale - BusinessWeek

    Thornburg shares fall on stock saleBusinessWeek - 2 hours agoThornburg Mortgage Inc.'s stock slipped Thursday after the mortgage lender said it would offer $200 million in stock to acquire and issue mortgages and to ...
    2008-01-10 05:31:57

  • Bank holds rates as mortgage data emerge - Euro2day

    Bank holds rates as mortgage data emergeEuro2day, Greece - 2 hours ago... mortgage products had changed little over the month, despite a lower official rate and a decline in two-year swap rates, which determine lenders' ...
    2008-01-10 05:46:58

  • Farmers nervous about interest rates: Agforce - ABC Online

    Farmers nervous about interest rates: AgforceABC Online, Australia - 29 minutes agoRural lobby group Agforce says farmers are nervous about the prospect of more interest rate rises and a possible recession in the United States. ...
    2008-01-10 07:30:31

  • ANZ unit latest to tap US short-term market - Stuff.co.nz

    ANZ unit latest to tap US short-term marketStuff.co.nz, New Zealand - 2 hours ago... Group Ltd has become the third Australian bank in a week to tap into liquidity in the US short-term market, as longer-term lenders remain hard to find. ...
    2008-01-10 05:53:51

  • Fed sends a signal: Big rate cut likely - Minneapolis Star Tribune (subscription)

    Fed sends a signal: Big rate cut likelyMinneapolis Star Tribune (subscription), MN - 28 minutes agoThat probably means the central bank will cut the short-term interest rate it controls by half a percentage point at its meeting that concludes Jan. ...
    2008-01-10 07:32:17

  • Call for regulator’s role in Ujima drama to be probed - Inside Housing

    Call for regulator’s role in Ujima drama to be probedInside Housing, UK - 2 hours agoAndrew Heywood, deputy head of policy at the Council of Mortgage Lenders, said the initiation of a moratorium would act as a sharp reminder that 'lending to ...
    2008-01-10 05:57:53

  • More rate hikes ahead as CPI drives upward - China Daily

    More rate hikes ahead as CPI drives upwardChina Daily, China - 27 minutes agoIn a recent report, BOC said the People's Bank of China will raise interest rates two or three times this year, making the one-year term deposit rate from ...
    2008-01-10 07:32:53

  • Comments, corrections, clarifications, and c*ckups - Crikey (subscription)

    Comments, corrections, clarifications, and c*ckupsCrikey (subscription), Australia - 1 hour ago... your story yesterday on the difficulty of changing lenders. I had a very bad experience with the NAB when trying to take my mortgage over to ANZ because ...
    2008-01-10 06:22:42

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