Mortgage and Financial News From 2008-3-4 Page 21
Previous Day: 2008-03-03
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Interest rate blow to families
News.com.au - THE big banks are poised to bump up interest rates within days after the Reserve Bank lifted the official rate by 0.25 per cent. The Reserve Bank of Australia today raised the official interest rate by 0.25% to 7.25%, adding $51 per month to a $300 ...
2008-03-03 09:38:00 -
Euro falls back from all-time high against dollar as traders eye ...
International Herald Tribune - BERLIN : The 15-nation euro was down from its all-time high Tuesday but remained above the US$1.50 mark as traders looked for indications about future interest rate moves from Washington. The euro bought US$1.5183 in morning trading in Europe, down ...
2008-03-04 12:51:00 -
Australia key rate at 12-year high
CNN - SYDNEY, Australia (AP) -- Australia's central bank on Tuesday raised its key interest rate to the highest level in 12 years to combat inflation. People walk past the Reserve Bank of Australia in Sydney, Australia, on Tuesday. The Reserve Bank of ...
2008-03-04 12:51:00 -
Rudd takes blame for latest rate hike
News.com.au - AUSTRALIAN consumers have been given a blunt warning to stop big spending or risk more interest-rate pain. Reserve Bank of Australia chief Glenn Stevens yesterday declared households and companies needed to stop buying for the economy's sake.
2008-03-04 04:26:00 -
Housing industry says rate rise will sink households
News.com.au - YESTERDAY'S 12th interest rate rise in six years will be the proverbial straw that breaks the financial back of thousands of Australian households, housing industry figures show. The Housing Industry Association said there was no positive spin on the ...
2008-03-04 04:26:00 -
Dollar Falls on Bets Fed Will Lower Rate 0.75-Point (Correct) (Bloomberg.com)
(Corrects ADP January reading in 17th paragraph.) March 4 (Bloomberg) -- The dollar fell for a sixth day against the yen and traded near a record low versus the euro as traders increased bets that the Federal Reserve will lower interest rates by 0.75 percentage point this month.
2008-03-04 05:52:03 -
Payday lenders fight bill at capitol (Montrose Daily Press)
MONTROSE — Several payday lenders are headed to Colorado’s capitol today to meet with lobbyists and legislators and try to stop a bill they believe could put them out of business.
2008-03-04 05:52:27 -
Stock market outlook shaky; Canadian investors await rate decision (Canadian Business)
The Canadian Press March 4, 2008 - 8:40 a.m. TORONTO - Overseas stock markets endured another negative day and New York index futures pointed to a weak open, though the Toronto market looked set to be supported by strong oil and gold prices, along with an expected interest rate cut.
2008-03-04 05:53:03 -
Home-buying intentions at 15-year low: study (CTV.ca)
Fewer Canadians are contemplating buying a home in the next two years, finds a study conducted for the Royal Bank. In fact, buying intensity is at a 15-year low.
2008-03-04 05:53:15 -
University Tuition Plan Provides Needed Aid (University of Connecticut Daily Campus)
There is a lesser-known fallout from the escalating credit crisis faced in the United States. Unlike the record foreclosure rates and the massive debt write downs occurring nationwide, this crisis effects college students and high school seniors everywhere and hasn't made a splash on cable news.
2008-03-04 05:54:01 -
Italy Feb CPI Revised Dn To +0.2% MM Vs +0.3%, Jan CPI +3% YY (The Forex Market)
ROME (Dow Jones)--Italian statistics institute Istat Tuesday revised consumer price inflation in February slower to 0.2% from the 0.3% it previously reported.
2008-03-04 05:54:23 -
Opening bell: Scotia, BMO earnings slump (Investment Executive)
Global indicators point to a weaker open for North American markets, as investors await an interest rate decision from the Bank of Canada. The central bank is expected to cut rates by at least 25 basis points.
2008-03-04 05:54:59 -
Paying for your child's education (Daily Telegraph)
Many children have failed to get a place in the school of their choice. Emma Simon considers the alternatives.
2008-03-04 05:56:59 -
BMO weighed down by credit market charges (CBC)
BMO said Tuesday it made a profit of $255 million, 47 cents a share, in its first quarter. Losses it took for its exposure to the global credit market problems trimmed 72 cents a share from its bottom line.
2008-03-04 05:58:53 -
Indexed CDs offer safety, but there's still risk (Bankrate.com)
With the global economy still on uncertain footing, consumers are on the lookout for investments that limit downside risk.
2008-03-04 05:59:22