Mortgage and Financial News From 2007-9-11 Page 9

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  • Market climbs on rate cut hopes

    Reuters - NEW YORK (Reuters) - Stocks rallied on Tuesday, bolstered by confidence the Federal Reserve will cut interest rates next week, another round of upbeat outlooks from technology companies, and solid sales from McDonald's Corp. Climbing energy shares ...
    2007-09-11 03:27:00
  • Canada's Dollar Approaches 30-Year High on Interest Rate View

    Bloomberg - Sept. 11 (Bloomberg) -- Canada's dollar approached a 30- year high amid speculation the U.S. Federal Reserve will cut borrowing costs this month to spur economic growth, making Canada's interest rates more attractive. A report showing housing starts ...
    2007-09-11 01:47:00
  • Wall Street holds gains on further hopes interest rate cut is on the ...

    Los Angeles Times - NEW YORK (AP) -- Wall Street rose sharply today as investors grew more confident that the Federal Reserve will lower interest rates next week, even after its chairman gave no clues about the central bank's intentions. The Dow Jones industrials rose ...
    2007-09-11 02:16:00
  • Deluge of mortgage interest rate resets ahead

    Reuters - NEW YORK (Reuters) - Many U.S. less creditworthy borrowers may lose their homes when interest rates on a flood of adjustable-rate subprime mortgages reset next month. Even a recent sharp fall in mortgage interest rates, which could make the potential ...
    2007-09-11 02:44:00
  • Canada Dollar Rises to Six-Week High on Interest Rate Outlook (Bloomberg.com)

    Sept. 11 (Bloomberg) -- Canada's dollar rose to the highest in more than six weeks on speculation the Federal Reserve will cut borrowing costs this month to spur economic growth, making Canada's interest rates more attractive.
    2007-09-11 10:00:31
  • Canada's Dollar Approaches 30-Year High on Interest Rate View (Bloomberg.com)

    Sept. 11 (Bloomberg) -- Canada's dollar approached a 30- year high amid speculation the U.S. Federal Reserve will cut borrowing costs this month to spur economic growth, making Canada's interest rates more attractive.
    2007-09-11 02:00:31
  • Wall Street holds gains on further hopes interest rate cut is on the way (Wisconsin Rapids Daily Tribune)

    NEW YORK (AP) Wall Street rose sharply Tuesday as investors grew more confident that the Federal Reserve will lower interest rates next week, even after its chairman gave no clues about the central banks intentions. Traders had been hoping Fed Chairman Ben Bernanke would give some indication during a speech to Germanys Bundesbank about the Feds next move. Wall Street is looking for a rate cut to ...
    2007-09-11 09:39:51
  • Brazil's Real Closes Stronger On US Interest Rate Optimism (The Forex Market)

    RIO DE JANEIRO (Dow Jones)--Brazil's currency, the real, closed stronger Tuesday as investors continued to hope for a U.S. interest-rate cut after a speech by U.S. Federal Reserve Chairman Ben Bernanke.
    2007-09-11 12:24:48
  • Chinese inflation rise fuels interest rate fears (Times Online Sunday)

    Inflation in China has reached an 11-year high on increasing food prices, raising the possibility of another interest rate rise.
    2007-09-11 06:36:31
  • Sportech cautious on interest rate costs (ShareCast via Yahoo! UK & Ireland Finance)

    Betting group and Littlewoods owner Sportech said it is looking forward to the second half with confidence but added that results will be impacted by recent rises in interest rate costs.
    2007-09-11 05:05:07
  • Coliseum reports $287,000 loss for July

    Pantagraph - I am too busy paying my mortgage and electric and car and insurance, etc..my 20 year ... idea get back to capitalism instead of socialism and raise the ticket rates so ... of the Judy Dome, it's not fair to compare this to a business. It's not a business ...
    2007-09-11 10:41:00
  • Don't panic about China, US ... yet

    The Australian - ... not be as severe but is real nonetheless, as shown by smaller lenders already raising mortgage rates ... the massively negative real interest rates, when you consider how one-year deposit rates at 3.6 per cent plus a 5 per cent withholding tax compare to ...
    2007-09-11 02:09:00
  • FTC warns against deceptive mortgage ads

    Courier News - Many mortgage advertisers are making potentially deceptive claims about incredibly low rates and payments, without ... loan’s Annual Percentage Rate, the uniform measure of the cost of credit that enables consumers to shop for and compare mortgage ...
    2007-09-11 10:12:00
  • Gold draws investor attention amid concerns about interest rates

    International Herald Tribune - ... pulling their money out of investments that might be hit by lower interest rates ... tangible,'" he said, referring to collateralized debt obligations, a mortgage ... Compare that with the Standard & Poor's 500 index, the stock market benchmark ...
    2007-09-11 12:36:00
  • (AFX UK Focus) 2007-09-11 14:38 GMT: Metals - Base metals up across the board as confidence returns on rate cut hopes (Interactive Investor)

    LONDON (Thomson Financial) - Base metal prices rose across the complex in London as returning investor confidence on expectations of a rate cut by the US Federal Reserve allowed market players to refocus on commodity fundamentals, away from the turmoil fostered by the subprime mortgage crisis.
    2007-09-11 07:07:01