Mortgage and Financial News From 2008-1-7 Page 17

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• Banks likely to follow with rate rises (The Star)

  Interest rate rises from the rest of the major Australian banks are inevitable, according to analysts, despite pressure from the federal government and trade unions.
  2008-01-07 07:24:10

• US mulls fresh steps to ease housing slump: Paulson (Muzi)

  US Treasury Secretary Henry Paulson warned Monday that the housing market's woes are far from over, but said the government was mulling further measures to minimize economic harm.
  2008-01-07 07:25:23

• Japanese government bonds end morning mixed (The Forex Market)

  TOKYO (Thomson Financial) - Japanese government bond prices ended the morning mixed Tuesday, with buying encouraged by higher US Treasury prices overnight and lower Japanese share prices today offset by selling due to caution before tomorrow's bond auction.
  2008-01-07 07:28:49

• Surprises in store for 2008

  Long Beach Press-Telegram - Wong differs with the views held by some experts, who compare the climate going ... influx of international travelers brought in by the advantageous exchange rates ... He believes the credit industry and mortgage market are already dealing with the ...
  2008-01-07 08:04:00

• Panel pushes debate on carbon tax

  Globe and Mail - Here you have an opportunity of a lifetime, gift wrapped and delivered by you adversaries in the liberal party. At at time when oil prices are at a record high, with the globe in a cooling trend, despite CO2 concentrations, the liberals want to ...
  2008-01-06 03:58:00

• Stronger than expected economic performance in 2007

  FXStreet.com - One way of doing this is to compare consensus expectations for key economic data made at the start of 2007 (based ... 2007, as the US sits at the epicentre of the financial market turmoil that was sparked by rising defaults rates in US sub prime mortgage ...
  2008-01-07 04:15:00

• More Than Half of Democrats and Independents Feel the Economy Will ... - Business Wire (press release)

  More Than Half of Democrats and Independents Feel the Economy Will ...Business Wire (press release), CA - 16 hours agoWhen asked to compare to last year, only one in five (21%) indicated that they feel more secure financially now, and only a minority (15%) believe the ...
  2008-01-07 02:02:22

• Stronger than expected economic performance in 2007 - FXstreet.com The Foreign Exchange Market

  Stronger than expected economic performance in 2007FXstreet.com The Foreign Exchange Market, Spain - 14 hours agoOne way of doing this is to compare consensus expectations for key economic data made at the start of 2007 (based on forecasts made in December 2006) with ...
  2008-01-07 04:23:51

• Explaining Rent-Home Price Ratios - Wall Street Journal

  Explaining Rent-Home Price RatiosWall Street Journal - 5 hours agoOne line of comments had the following theme: Since rental homes are different goods than owned homes, it may not be useful to compare changes to a rent ...
  2008-01-07 01:10:13

• Top Eight Mortgage Tips for 2008 - Here are some tips to help you navigate the tricky world of your home financing (PR Newswire via Yahoo! Finance)

  2007 was a difficult year for many homeowners as market conditions made it hard to keep up with mortgage payments. The mortgage market will be challenging in 2008 as over $680 billion in mortgages are scheduled to reset.
  2008-01-07 06:15:00

• Housing market immune to national woes ... somewhat (Charleston Regional Business Journal)

  The housing market is the big question mark in today’s national economic picture, and that’s not expected to change much in early 2008.
  2008-01-07 08:08:03

• Property Prices Will Be £13,000 Lower In 2012 (The Motley Fool)

  The Fool has predicted house prices will fall in 2008. If that's right, what are the implications?
  2008-01-07 08:16:02

• Paulson Says No Simple Housing Crisis Fix (WGAL 8 Susquehanna Valley)

  Treasury Secretary Henry Paulson says the White House is working on a fix for the housing crisis, but it's not easy.
  2008-01-07 11:29:48

• Md. Faces Critical Doctor Shortage, Report Says (NBC4 Washington, D.C.)

  Two major medical organizations in Maryland are reporting the state is facing a critical shortage of doctors.
  2008-01-07 02:28:37

• Internet Holiday Spending Increased 19% Last Year (Update3)

  Bloomberg - Consumers are also facing rising mortgage defaults and the first decrease in home values since the Great Depression. Declining prices pose a risk to consumer spending by making it harder for owners to tap home equity for extra cash. Such ...
  2008-01-07 02:09:00

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