Mortgage and Financial News From 2008-1-7 Page 01

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  • It is hard to distinguish the new year Brown from the crypto-Stalinist ...

    Guardian Unlimited - Well, it's hardly surprising in a situation where you've got, for example, in America, mortgage rates effectively rising for people negotiating new mortgages by 20% to 30% that people are worried about what the impact of this international turmoil in ...
    2008-01-07 07:31:00

  • Swan says Australia can absorb slowing world economy

    News.com.au - He said the US sub-prime crisis had been pushing up the cost of borrowing on international capital markets, and mortgage rates had increased. "Australian families have had something like six interest rate rises in the past three years as a result of ...
    2008-01-07 08:07:00

  • Swan says economic fundamentals strong

    News.com.au - He said the US sub-prime crisis had been pushing up the cost of borrowing on international capital markets, and mortgage rates had increased. "Australian families have had something like six interest rate rises in the past three years as a result of ...
    2008-01-07 09:04:00

  • Housing squeeze tightens further

    News.com.au - This constrained supply and robust demand will leave house prices well supported and combined with upside risks to mortgage rates, the deterioration in housing affordability will make entering the market difficult, especially for first home buyers ...
    2008-01-07 09:40:00

  • US Treasury Secretary Paulson: No simple solution to housing and ...

    MSN UK News - He said this raised the threat of a market failure and was the reason the administration brokered a deal with the mortgage industry to freeze certain subprime mortgage rates for five years to allow the housing market to recover. "Let me be clear ...
    2008-01-07 12:58:00

  • Australian Treasurer Criticizes ANZ Rates Rise

    RTT News - However Swan voiced concern about the impact of the US sub-prime crisis that had pushed borrowing cost and mortgage rates. He blamed the complacency of the previous government in addressing key capacity constraints in the economy, that resulted in ...
    2008-01-07 09:40:00

  • Wayne Swan attacks 'excessive' ANZ mortgage rate

    News.com.au - TREASURER Wayne Swan says he has proof the ANZ's rates hike is excessive, after it raised its variable rates by nearly double that of the NAB yesterday. Mr Swan said based on a range of evidence that he had examined presented by key economic ...
    2008-01-07 09:40:00

  • Feds working on housing crisis

    Detroit News - Paulson said that the deal the administration brokered with the industry to freeze certain subprime mortgage rates for five years did not involve the use of any taxpayer money. Conservative critics have complained that the administration's plan ...
    2008-01-07 10:09:00

  • AHEAD OF THE TAPE - Wall Street Journal

    AHEAD OF THE TAPEWall Street Journal - 2 hours agoIt has been easy to forget this corporate debt mess the past few months -- banks and investors have been preoccupied with the subprime-mortgage crisis. ...
    2008-01-07 09:12:10

  • Steady prices predicted for homes - Palm Beach Post

    Steady prices predicted for homesPalm Beach Post,  United States - 2 hours agoSo now is as good a time as any to jump off the proverbial fence and into a mortgage, Fishkind suggested, noting that interest rates are low and going lower ...
    2008-01-07 09:14:10

  • Recovery emerging in housing sector - The Age

    Recovery emerging in housing sectorThe Age, Australia - 1 hour ago"This constrained supply and robust demand will leave house prices well supported and combined with upside risks to mortgage rates, the deterioration in ...
    2008-01-07 09:20:01

  • Govt should discuss rate rises with banks: Nelson - ABC Online

    Govt should discuss rate rises with banks: NelsonABC Online, Australia - 1 hour agoThe National Australia Bank and ANZ have increased their rates in response to the subprime mortgage crisis in the United States. Treasurer Wayne Swan has ...
    2008-01-07 09:26:25

  • Malaysian Industrial Production Growth Slows In November - RTT News

    Malaysian Industrial Production Growth Slows In NovemberRTT News, NY - 1 hour ago1/8/2008 12:20:52 AM According to a new survey by the Mortgage and Finance Association, most Australians are choosing fixed over variable rate home loans, ...
    2008-01-07 09:49:09

  • Property still good in 2008 - iAfrica.com

    Property still good in 2008iAfrica.com, South Africa - 1 hour ago... the home mortgage concerns of other parts of the world, that there will be a gradual adjustment to the Credit Act process, that interest rates should ...
    2008-01-07 09:54:20

  • The New Zealand dollar reached its lows around 0.7620 yesterday - FXstreet.com The Foreign Exchange Market

    The New Zealand dollar reached its lows around 0.7620 yesterdayFXstreet.com The Foreign Exchange Market, Spain - 1 hour agoRumours that a North American investment bank was about to announce $10bn of sub-prime mortgage write-offs, and news of a confrontation between US and ...
    2008-01-07 09:56:59

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