Mortgage and Financial News From 2007-9-15 Page 12
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Market edges up; rate outlook offsets credit worry
Reuters - Last: NEW YORK (Reuters) - Stocks edged up on Friday as expectations of an interest rate cut offset a warning by Merrill Lynch that revived concerns about credit conditions and the impact of the weak U.S. housing market. Indexes ended higher for the ...
2007-09-14 04:28:00 -
Weak spending, production gains may force Fed's hand
New York Daily News - The new economic reports released yesterday give the Federal Reserve more reasons to cut a key interest rate when policy-makers meet next week, analysts said. The Commerce Department said overall retail sales were up 0.3% in August, but turned in a ...
2007-09-15 01:32:00 -
Impact on investments when interest rate changes
Sify - That changes in interest rates affect returns from fixed-income investment avenues is obvious. Equally, changes in interest rates have profound impact on the direction of the stock market. In fact, interest rates are a key driver of the stock market ...
2007-09-15 02:08:00 -
Chile's Peso Falls From 2-Month High on Interest-Rate Outlook
Bloomberg - Sept. 14 (Bloomberg) -- Chile's peso declined from a two- month high after the central bank signaled it may leave the benchmark interest-rate unchanged next month, halting three straight increases. Chile's central bank lifted the benchmark rate by a ...
2007-09-14 04:14:00 -
Dollar Declines to Record Low Versus Euro Before Fed Interest-Rate ...
Stockhouse Canada - Sept. 15 (Bloomberg) -- The dollar fell to an all-time low versus the euro as traders bet the Federal Reserve will cut borrowing costs at least a quarter-percentage point next week. The U.S. currency declined for a second week against the euro for ...
2007-09-15 05:50:00 -
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Baltimore Sun - The Federal Reserve is widely expected to cut its benchmark interest rate Tuesday for the first change since June last year. Given what's roiling Wall Street, however, it might prove akin to offering a Band-Aid to stop a stomachache
2007-09-15 04:10:00 -
Would Fed rate cut help?
Baltimore Sun - The Federal Reserve is widely expected to cut its benchmark interest rate Tuesday for the first change since June last year. Given what's roiling Wall Street, however, it might prove akin to offering a Band-Aid to stop a stomachache. In recent ...
2007-09-15 04:10:00 -
Fed Rate Cut May Spark Rally On Wall St.
CBS News - (AP) Wall Street players aren't the only ones with a lot riding on whether the Federal Reserve cuts interest rates on Tuesday _ Main Street could also see some pretty dramatic benefits. Policy makers are widely expected to decrease short-term rates ...
2007-09-15 04:38:00 -
Get Low Payments with Interest Only and Adjustable Rate Mortgages (Richfield Reaper)
(ARA) - There are so many types of mortgages programs available to home buyers that it can get difficult to keep them all separate. One of the latest types of programs that many people are taking advantage of is the Interest Only Mortgage option.
2007-09-15 04:09:19 -
Interest-rate cut could help stocks, consumer credit (Seattle Times)
Wall Street players aren't the only ones with a lot riding on whether the Federal Reserve cuts interest rates Tuesday — Main Street...
2007-09-15 12:15:14 -
Lower Your Credit Card Interest Rate in Ten Minutes (About.com)
Wouldn't it be nice if you could lower the interest rate on your credit cards? Actually, you may be able to, and it will probably only take a few minutes...
2007-09-14 05:23:56 -
China hikes interest rate in effort to slow economy (AFP via Yahoo! Asia News)
BEIJING (AFP) - China's central bank announced Friday its fifth interest rate hike this year, after a slew of data showed the world's fourth-largest economy was still racing ahead with inflation at a decade high.
2007-09-14 07:02:00 -
Plan for expected interest rate cuts (The Express-Times)
If you're banking on an interest rate cut fairly soon -- and you should -- it's time to consider what moves to make with your money. Do you lock up a CD now? Wait around to refinance? Drag your feet on a car loan?
2007-09-14 09:28:01 -
Interest-rate fears send many to gold (Pioneer Press)
NEW YORK - With many on Wall Street straining to determine the Federal Reserve's next move, some investors who smell an impending interest rate cut aren't waiting around for the central bank.
2007-09-14 10:16:18 -
Disarming a ticking home loan
Edmond Sun - If your current home loan is an Adjustable Rate Mortgage, or ARM, these five steps ... Fixed interest rates still are near generational lows and it could be a big ... Then contact another reputable lender to compare notes. If you’re left with few ...
2007-09-13 05:55:00