Mortgage and Financial News From 2008-3-11 Page 2
Previous Day: 2008-03-10
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Banks, lenders rapidly changing standards (The Salt Lake Tribune)
NEW YORK - The loan you qualify for on Monday might be out of reach on Tuesday. Bankers and lenders are rapidly changing their requirements as home sales and prices plummet and delinquencies and defaults rise.
2008-03-11 11:26:42 -
Fed rescue plan cheers up Wall Street (The Salt Lake Tribune)
Wall Street staged its biggest rally in five years Tuesday as investors cheered the latest move by the Federal Reserve to shore up the nation's shaky financial system.
2008-03-11 11:27:52 -
p0768 BC-WallStreet 19thLd-Writethru 03-11 1092 clone (Provo Daily Herald)
Dow jumps more than 400 points
2008-03-11 11:31:20 -
Stocks soar, banks boosted
News.com.au - Bell Potter senior advisor Stuart Smith said the positive close in New York and the perception that Australia was at the top of the interest rate cycle as the economy shows signs of slowing had helped the market gain today.
2008-03-11 06:54:00 -
Dollar edges higher at noon
News.com.au - Mr Solar said chasing those high interest rate differentials between the Japan and Australia was, "inherently a risky trade" so "when there is confidence back in the market, people will re-enter these risky trades"
2008-03-11 06:54:00 -
JGBs fall as Fed acts to aid credit market strains
Guardian Unlimited - The pull-back in JGBs also gave a reprieve to investors and hedge funds that have been battered in the past week by bad trades in the yen interest rate swap market and also in other securities such as inflation-linked bonds.
2008-03-11 08:20:00 -
United boss sells shares on loan concerns
News.com.au - MORE than 50 per cent of Australian employees are either actively or passively looking for a new job, according to a survey. Please explain: Brokers eyed over dodgy trades ASX: Funds buy up bank stocks Savings: Banks accused of interest rate robbery
2008-03-11 05:28:00 -
Railroad stocks boost transportation index
Baltimore Sun - The transports tend to outperform in a declining interest-rate environment," said John Barnes , analyst with BB&T Capital Markets in Richmond, Va.
2008-03-11 09:39:00 -
Dollar slips back after lift from Fed credit move
Guardian Unlimited - U.S. interest rate futures now indicate that traders see about a 60 percent chance that the Fed will lower rates by 75 basis points next week, versus a 100 percent chance earlier this week.
2008-03-11 08:27:00 -
Bank of Japan warns of greater downside risks to economy - minutes of ...
Forbes - Another member said once the central bank completes the assessment of the bank's basic economic scenario, it 'should not hesitate to raise the policy interest rate.
2008-03-11 09:39:00 -
Banks friends or foes?
News.com.au - IN these days of relentless interest-rate hikes, are there any more popular whipping boys than the banks? Perth QC Tom Percy discusses this question. As a criminal lawyer you have to speak up for some pretty unpopular causes. It goes with the ...
2008-03-11 05:50:00 -
Rudd says economy still strong
News.com.au - PRIME Minister Kevin Rudd says the economy and financial sector remain strong, but the global events of recent months show the country is not immune to the turbulence of financial markets. He said domestic inflation and interest rate pressures, as ...
2008-03-11 08:34:00 -
Negotiate a better deal at the bank
News.com.au - Survey : What do you think of the interest rate rises? In-depth : The latest interest rate news and features More personal finance news in our Money section THE decision by banks to whack on a bit more after the last two Reserve Bank cash rate rises ...
2008-03-11 05:07:00 -
It's all doom and gloom from here
News.com.au - Consumer sentiment falls to near 15-year low Banks accused of interest rate robbery Petrol pain as oil price nears $US110 HIGHER interest rates and rising food and fuel costs have pushed consumer confidence to its lowest level in almost 15 years. The ...
2008-03-11 05:50:00 -
Interest rate hikes cut credit card spending
News.com.au - Email article Printer friendly Text size + - Share Add to Digg Add to del.icio.us Post to NewsVine Post to Facebook What are these? Personal finance commitments hit $7.2bn Guide : Do you need a financial planner? More investing news in our Money ...
2008-03-11 08:27:00
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