Mortgage and Financial News From 2008-6-26 Page 14
Previous Day: 2008-06-25
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Dollars & Sense (Modesto Bee)
Countrywide clears way for takeover
2008-06-26 05:47:36 -
May home sales drop after 3 months of gains (The Record Searchlight)
After three straight months of increases, home sales in Shasta County in May declined from April.
2008-06-26 05:59:43 -
iEmergent Announces Release of Demographic Segment Lending Forecasts for Mortgage Industry (Business Wire via Yahoo! Finance)
DES MOINES, Iowa----iEmergent, a Des Moines, Iowa-based market research, forecasting and advisory services firm for the financial services, mortgage and real estate industries, introduced its new line of demographic mortgage forecast reports that assess lending opportunities and show loan distribution patterns among various home buyer and loan type segments including ethnicity, race and gender.
2008-06-26 06:00:00 -
Closing Glance: Shares of household durables rise - CNN Money
NEW YORK (Associated Press) - Household durables stocks mostly rose Tuesday as Wall Street wobbled after a weak reading on consumer confidence. The Conference Board said Tuesday its June consumer confidence index came in at 50.4, far below economists ...
2008-06-24 01:07:00 -
BOJ's Nakamura: Risks for Japan economy rising - FXStreet.com
TOKYO, June 26 (Reuters) - Bank of Japan Policy Board member Seiji Nakamura said on Thursday that risks for the Japanese economy have heightened in June from May, citing rising global inflationary pressure. On the euro's rise to a record high against ...
2008-06-26 12:26:00 -
Fed cannot ignore global inflation - Financial Times
If there were a Central Bank of the World its monetary policy committee would glance at today’s inflation rates and expectations of future inflation and then raise interest rates. There is no such bank, but there is something close: the US Federal ...
2008-06-24 05:54:00 -
HKEx could post Q2 loss: HKMA - South China Morning Post
Hong Kong’s Exchange Fund, which invests a share of government income, could post a loss for the second quarter, after falling into the red in the first quarter, the territory’s central bank said on Thursday. Joseph Yam, chief executive of the ...
2008-06-26 01:16:00 -
BLOG: California pays up to sell long-term muni bonds (Los Angeles Times)
2008-06-24 04:34:27 -
Nation/World Roundup for June 25 (Jacksonville Daily Progress)
HARARE, Zimbabwe (AP) — Saying the world can "shout as loud as they like," President Robert Mugabe refused to give into pressure from Africa and the West and vowed to go ahead with this week's runoff election, even though his opponent quit the race.
2008-06-25 09:27:33 -
Next Fed announcement: June 25, 2008 (Bankrate.com)
funds rate to 2 percent in April. What will it decide today? Whenever the Federal Reserve Board changes interest rates, it creates opportunities to make money -- or blow some. Do you know the difference?
2008-06-25 11:20:52 -
Fed's Latest Statement Raises More Questions (WallStreet Journal via Yahoo! Finance)
The Federal Reserve's latest statement raises more questions about where the economy is headed than it answers. You could call this a cross-roads or a holding pattern.
2008-06-25 05:45:57 -
Build savings faster with high-yield accounts (Akron Beacon Journal)
As interest rates have fallen, so have the yields on your savings. But there are options available to get a higher return with the same risk.
2008-06-25 10:42:11 -
Starbucks pulling CD floor racks (Seattle Times)
Pacific Northwest Starbucks will remove rotating CD racks from the floors of 6,500 stores in the U.S. and Canada by September to focus...
2008-06-26 12:14:36 -
FACTBOX: Global interest rates in 2008 (Reuters via Yahoo! UK & Ireland News)
Norway's central bank raised its main interest rate on June 25 by 25 basis points to 5.75 percent.
2008-06-26 03:15:00 -
Dollar hit as US rate rise hopes scaled back - Financial Times
The dollar came under pressure on Thursday as traders reacted to the Federal Reserve’s comments following its decision to keep US interest rates on hold. Traders said the dollar lost ground since the statement that accompanied the Fed’s decision ...
2008-06-26 03:47:00