Mortgage and Financial News From 2008-1-31 Page 39

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  • European stocks drop ahead of Fed, UBS sags - Reuters South Africa

    European stocks drop ahead of Fed, UBS sagsReuters South Africa, South Africa - Jan 30, 2008The price to book ratio is used to compare a stock's market value with its book value. "The fourth-quarter reporting season will be a real acid test for the ...
    2008-01-30 02:24:09

  • Fed cuts rates by half-point - Sun Publications Chicago

    Fed cuts rates by half-pointSun Publications Chicago, IL - 9 hours agoThe proposed eligibility ceilings in a new bill put forth by Senate Finance Committee Chairman Max Baucus compare with income caps of $75000 for individuals ...
    2008-01-31 02:12:56

  • Fed interest-rate cut no quick fix - Louisville Courier-Journal

    Fed interest-rate cut no quick fixLouisville Courier-Journal, KY - 8 hours agoThe fallout from the risky-mortgage debacle is still with us. There probably will be more losses for financial companies. And, even though mortgage rates ...
    2008-01-31 02:51:47

  • Yen Rises as Stock Drop Reduces Demand for High-Yielding Assets - Bloomberg

    Yen Rises as Stock Drop Reduces Demand for High-Yielding AssetsBloomberg - 3 hours agoThe Bank of Japan's 0.5 percent benchmark lending rate, the lowest among developed nations, and the 2.75 percent Swiss rate compare with 11.25 percent in ...
    2008-01-31 07:54:19

  • Firstbank Corporation Announces Fourth Quarter and Year-to-Date ... - FOXBusiness

    Firstbank Corporation Announces Fourth Quarter and Year-to-Date ...FOXBusiness - 1 hour agoGain on sale of mortgage loans increased in each quarter of 2007, and for all of 2007 was 32.5% over the level in 2006. The declines in interest rates in ...
    2008-01-31 10:43:12

  • Savvy investors exploit rate cuts - Sauk Valley Newspapers

    Savvy investors exploit rate cutsSauk Valley Newspapers, IL - 29 minutes agoLower rates also help boost the housing market. Though 30-year fixed-rate mortgage rates aren't tied to the fed funds rate, they often move down in sympathy ...
    2008-01-31 11:16:37

  • Senate adds income caps, aid to stimulus (Worcester Telegram & Gazette)

    WASHINGTON - A plan to send $500-$1,000 rebates to all but the richest taxpayers advanced in the Senate yesterday, after Republicans and Democrats teamed to add aid for disabled veterans, seniors and the unemployed to a House-passed economic recovery bill.
    2008-01-31 02:00:31

  • Fed interest-rate cut no quick fix (Louisville Courier-Journal)

    Emphatic as it was, the Federal Reserve's latest interest-rate cut is no quick cure-all for the economy.
    2008-01-31 02:48:04

  • Yen Rises as Stock Drop Reduces Demand for High-Yielding Assets (Bloomberg.com)

    Jan. 31 (Bloomberg) -- The yen rose against most of the other major currencies as a drop in U.S. and European stocks prompted investors to sell high-yielding assets funded with low- cost loans from Japan.
    2008-01-31 07:53:24

  • Nationwide house price fall adds rate cut pressure (Times Online)

    UK house prices continued to recede in 2008 after the cost of a home fell for the third consecutive month in January by 0.1 per cent, raising the likelihood of an interest rate cut next Thursday.
    2008-01-31 10:33:32

  • Fed hacks another half-point off benchmark rate

    Chicago Tribune - Not surprisingly, most of the blame fell on the deep slump in home construction, much of it attributed to the collapse of subprime-mortgage lending. Banks have reined in lending, and global markets are retreating, all contributing to a fear of ...
    2008-01-31 08:47:00

  • Aspiring home buyers get help

    Jerusalem Post - The bill is aimed at enabling home owners to claim tax deductions on mortgage interest payments for homes worth up to $180,000. "This bill will significantly help young couples, new immigrants and the middle class acquire homes," Erdan said in a ...
    2008-01-31 08:11:00

  • 5 big newlywed mortgage blunders

    Biloxi Sun Herald - You need to create a budget and understand how much house you can afford before getting caught up in a fancy model home," says Jim Pair, vice president of the National Association of Mortgage Brokers. Ugh, another budget. Yes, once again we're ...
    2008-01-31 08:47:00

  • No slave to the mortgage man is he

    Philadelphia Inquirer - With recession warnings, I'm quite happy with my $702 mortgage. We bought our home in 1997 for $100,000, which has now doubled. Even the taxes of $4,000 per year seem modest - especially as we live in Mullica Hill, where the average listing price is ...
    2008-01-30 11:58:00

  • Sony cuts forecasts despite profit gain

    Globe and Mail - Home   National British Columbia Prairies Ontario Quebec Atlantic Politics Education World Americas Europe Asia-Pacific Africa-Mideast ... Sony said it was worried that demand in the United States could be hit by the effects of the subprime mortgage loan crisis. ...
    2008-01-31 08:47:00

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