Mortgage and Financial News From 2008-8-6 Page 5
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Fitch Rates Novant Health (North Carolina) 2008A-C Bonds 'AA ... - Forbes
Fitch Ratings has assigned an 'AA-' rating to approximately $196 million of North Carolina Medical Care Commission Health Care variable rate revenue bonds issued on behalf of Novant Health (Novant). Proceeds from the series 2008A-C bonds will be used ...
2008-08-06 09:10:00 -
FOREX-Dollar rises to 7-month high vs yen on oil, rate view - Reuters
NEW YORK, Aug 6 (Reuters) - The dollar hit a seven-month high against the yen on Wednesday as a drop in oil prices and renewed expectations of low Federal Reserve interest rates were seen as helping the sluggish U.S. economy. Demand for the euro fell ...
2008-08-06 09:10:00 -
Bank of England expected to hold rates steady - International Herald Tribune
LONDON : The Bank of England is expected to keep interest rates at 5 percent on Thursday for the fourth month running in what may be policymakers' toughest decision yet. All 76 analysts polled by Reuters last week said the central bank's Monetary ...
2008-08-06 09:10:00 -
Milan shares close higher, supported by results, rates, led by ... - Forbes
MILAN (Thomson Financial) - Share prices closed higher, accelerating later in the session and supported by second-quarter results and the interest rate outlook, with Atlantia leading the gainers after its firm first-half figures, brokers said. The ...
2008-08-06 09:53:00 -
German Bond Yields Near 10-Week Low as Factory Orders Slump - Bloomberg
Aug. 6 (Bloomberg) -- European two-year government bond yields stayed near the lowest level in almost 10 weeks after German factory orders unexpectedly fell in June, giving policy makers less reason to raise interest rates tomorrow. The notes, the ...
2008-08-06 09:10:00 -
Wall Street opens lower on Freddie Mac loss - Seattle Post Intelligencer
Trader Eric Schumacher watches the numbers on the floor of the New York Stock Exchange before the Federal Reserve interest rate decision, Tuesday Aug. 5, 2008. Wall Street held on to a big advance Tuesday after the Federal Reserve left the benchmark ...
2008-08-04 05:48:00 -
ECB, BoE expected to leave rates unchanged - AOL
FRANKFURT, Germany -The European Central Bank and Bank of England will likely leave interest rates unchanged Thursday, paralyzed by mounting inflation and slowing growth. Accelerating prices and signs that growth has stalled are major dilemmas for ...
2008-08-05 04:18:00 -
Business Minute: Wall Street watching Fed...Interest rates seen steady - Wrcbtv.com
NEW YORK (AP) - Stocks are likely to be guided by the Federal Reserve as investors await today's decision on interest rates. Plunging oil prices offset signs of rising inflation yesterday to restrain market losses. The Dow dropped 42 points to 11,284 ...
2008-08-05 02:59:00 -
Repossessions rise by 40% - Guardian Unlimited
The number of homes repossessed by mortgage lenders rose by 40% in the first quarter of the year, and there are signs borrowers are increasingly struggling to repay their debts , the City watchdog said today. The Financial Services Authority (FSA ...
2008-08-04 05:55:00 -
Owning a home comes at a cost - News.com.au
MORE than 90 per cent of prospective first home buyers in WA will need to make financial sacrifices to buy a house, according to a new survey. The 2008 Mortgage Choice First Homebuyers Survey also said that 60 per cent of West Australians could not ...
2008-08-06 02:44:00 -
Can we get a second mortgage to finance a move? - Guardian Unlimited
Q My partner and I borrowed £172,000 on a 100% mortgage 18 months ago, and since then our flat has increased in value to approximately £195,000. We are looking to move to a property that would cost around £300,000, but only have equity of around ...
2008-08-06 02:58:00 -
More misery for US mortgage firm - BBC News
Freddie Mac, which offers funding for a huge proportion of US mortgages, has posted a quarterly loss amid continued problems in the housing market. As mortgage defaults climb and house prices sink, it made a loss of $821m (£420m) in the three months ...
2008-08-06 05:57:00 -
U.S. MBA's Mortgage Applications Index Climbed 2.8% Last Week - Bloomberg
Aug. 6 (Bloomberg) -- Mortgage applications in the U.S. climbed last week from a seven-year low as more Americans sought to refinance out of adjustable-rate loans. The Mortgage Bankers Association's index of applications to buy a home or refinance a ...
2008-08-06 05:07:00 -
U.S. mortgage applications rise from 2000 low-MBA - Reuters
NEW YORK, Aug 6 (Reuters) - Demand for U.S. mortgage applications climbed last week from an eight-year low a week earlier, as home loan rates dipped from near 12-month peaks, according to data from the Mortgage Bankers Association on Wednesday. The ...
2008-08-06 05:36:00 -
Reverse Mortgage Industry Veteran Joins Fast Growing Reverse Mortgage ... - MSN MoneyCentral
ROCKLIN, Calif. , Aug. 6 /PRNewswire/ -- Senior Financial Corp., a privately held reverse mortgage company, announced today that Kevin Kaltenbach has been appointed Executive Vice President and Director of Corporate Development for their organization ...
2008-08-06 05:50:00