Mortgage and Financial News From 2007-12-3 Page 19

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• U.S. rate futures pare gains after ISM

  Reuters - NEW YORK, Dec 3 (Reuters) - U.S. interest rate futures pared gains on Monday after slightly firmer than expected manufacturing data, but showed markets still fully factored in a quarter-point rate cut at the Federal Reserve's next meeting. The ...
  2007-12-03 10:19:00

• U.K. Pound Rises Against Dollar as Investors Pare Rate-Cut Bets

  Bloomberg - Dec. 3 (Bloomberg) -- The pound advanced against the dollar on speculation the economy hasn't slowed enough for the Bank of England to reduce interest rates from a six-year high this week. The pound also gained versus all but two of the 16 most ...
  2007-12-03 09:14:00

• Market interest rate jumps to nine-year high

  Guardian Unlimited - Conditions in the financial markets worsened further today as banks scrambled to secure cash to tide them over the Christmas period in further proof that the credit crunch - now nearly four months old - is far from over. The market interest rate on ...
  2007-12-03 10:47:00

• U.K. Rate Vote Splits Economists the Most Since 2004 (Update3) (Bloomberg.com)

  Dec. 3 (Bloomberg) -- The Bank of England decision this week has divided economists by the most in three years, with a majority predicting policy makers are too concerned about inflation to cut the benchmark interest rate yet.
  2007-12-03 04:17:45

• Bovespa Gains on Rate Outlook, Led by Eletrobras: Latin Stocks (Bloomberg.com)

  Dec. 3 (Bloomberg) -- Brazil's main stock index gained for a fifth day after a report on U.S. manufacturing increased the likelihood the Federal Reserve will cut interest rate and make high-yielding Brazilian assets more attractive.
  2007-12-03 10:13:29

• Bank of Korea to adopt new benchmark for key interest rate next year (Sharewatch)

  SEOUL (Thomson Financial) - The Bank of Korea said Monday it plans to adopt a new benchmark for its key interest rate as early as next March in a bid to increase the influence of its monetary policy on the market and the general economy.
  2007-12-02 10:16:02

• Economist predicts no interest rate rise tomorrow (ABC via Yahoo!7 Finance)

  The ANZ Bank's chief economist, Saul Eslake, says he does not expect the Reserve Bank to increase the official interest rate when it meets tomorrow.
  2007-12-03 01:24:00

• Indonesia`s November inflation rate gives room for interest rate cut (Antara News)

  Indonesia's November inflation rate was at the lower end of the range of analyst forecasts, giving the central bank, Bank Indonesia, room to cut its benchmark BI interest rate at its board meeting Thursday, Citigroup economist Anton Gunawan said Monday.
  2007-12-03 12:39:39

• Major Asian markets end largely flat as investors await Fed's interest rate decision (Canadian Business)

  The Associated Press December 3, 2007 - 8:10 a.m. BANGKOK, Thailand - Major Asian markets ended little changed Monday as investors were reluctant to place big bets ahead of next week's interest rate decision by the U.S. Federal Reserve.
  2007-12-03 05:28:41

• The week ahead: Interest rate decision due Tuesday (Investment Executive)

  Interest rate announcements are due this week from central banks in Canada, the United Kingdom and Europe. On Tuesday, the Bank of Canada makes its interest rate announcement. Analysts are split on whether interest rates will be cut to help the economy. The key overnight is currently 4.5%.
  2007-12-03 08:34:07

• Fed officials disagree on interest rate cut (USA Today)

  While it appears U.S. central bankers are poised to cut interest rates when they gather Dec. 11, the varying opinions suggest a hefty rate cut is unlikely.
  2007-12-03 05:09:12

• Great Falls hits growth spurt

  Great Falls Tribune - ... community development, credits that increase to "very reasonable interest rates ... All is bad, not good, slow etc. compare to other largest cities. When finally ... The subprime mortgage collapse has hit the mortgage bankers hard, and loans are ...
  2007-11-26 12:40:00

• Mortgage Company

  Colleyville Courier - Contact Salem Mortgage now for new home and debt consolidation loans. Compare up to four free mortgage quotes by completing an easy online form. Competitive rates from leading mortgage companies. No obligation. Available throughout America. http ...
  2007-12-03 04:35:00

• Should I sell my house now — or wait? (MSNBC)

  The news from the American housing market seems likely to get worse before it gets better. That has some would-be home sellers wondering: should I sell my house now, before the market gets worse? Or wait until next year hoping it will  get better? And just what caused this housing slump to begin with? The Answer Desk by msnbc.com's John W. Schoen.
  2007-12-03 05:19:52

• Market lending rates soar to 9-year peaks (Interactive Investor)

  Business Finance and city news online from Interactive Investor (www.iii.co.uk). Plus financial and currency market news and information 24/7. Stock prices, share prices, currency markets news and business finance headlines. Also news from AFX and Reuters.
  2007-12-03 08:11:38

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