Mortgage and Financial News From 2007-11-5 Page 4

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  • UK October Services PMI 53.1 Vs 56.7 In September - Sources

    FXStreet.com - The weakening of the measure is unlikely to affect the Bank of England's immediate interest rate decision, due this week, but ... Economists now widely believe that rates have peaked and that the next move will be a rate cut. Some think that cut could ...
    2007-11-05 01:41:00

  • XM and SIRIUS Highlight More Support for Merger (The San Francisco Examiner)

    WASHINGTON and NEW YORK, Nov. 5 /PRNewswire-FirstCall/ -- XM Satellite Radio (Nasdaq: XMSR ) and SIRIUS Satellite Radio (Nasdaq: SIRI ) today highlighted additional support the two companies have received for their pending merger.
    2007-11-05 11:56:50

  • Reward checking pays high yields (Bankrate.com)

    We usually try to steer readers away from checking accounts that have strings attached, but some deals are worth investigating. Reward checking accounts, offered primarily by community banks, pay high yields on the account balance as long as you stick to a few rules.
    2007-11-05 04:56:53

  • Reward checking pays high yields (Bankrate.com via Yahoo! Finance)

    Reward checking accounts, offered primarily by community banks, pay high yields on the account balance as long as you stick to a few rules.
    2007-11-05 03:00:00

  • Savers survive Fed cuts (Bankrate.com)

    The Federal Reserve doesn't do savers any favors when it lowers its target for the federal funds rate, a short-term interest rate benchmark.
    2007-11-05 04:56:42

  • Savers aren't out of luck even though Fed lowered rates (USA Today)

    Conventional wisdom holds that when the Federal Reserve lowers interest rates, savers suffer, because rate cuts reduce yields from certificates of deposit and other conservative investments. Yet despite those cuts, savvy savers can still find healthy yields on safe investments.
    2007-11-05 08:29:28

  • Repairing a Citi Machine

    Wall Street Journal - ... it may have to record losses of between $8 billion to $11 billion in the current ... will have racked up combined losses of more than $30 billion because of mortgage ... Mike Mayo, an analyst at Deutsche Bank who rates Citigroup's stock a "sell ...
    2007-11-05 06:23:00

  • GMH Communities Trust Announces Third Quarter 2007 Results

    MSN MoneyCentral - After placement of new mortgage debt on both properties, net proceeds ... Current physical occupancy, as of November 5, 2007, is 88.1%, and on a ... and (ii) changes in housing market conditions that affected occupancy rates for ...
    2007-11-05 03:24:00

  • Strategic Hotels & Resorts Reports Third Quarter 2007 Financial ...

    MSN MoneyCentral - ... interest rate swaps and a 77.3 million pounds Sterling swap on the mortgage ... For a list of current properties and for further information, please visit the ... of capital; ability to obtain or refinance debt; rising interest rates; rising ...
    2007-11-05 03:38:00

  • Banks try to head off crisis after third day of falls

    Guardian Unlimited - ... America and Europe have written off billions of dollars on holdings of mortgage ... crisis began last year when the US Federal Reserve began raising interest rates ... The current environment will continue for a lot longer than perhaps anybody felt a ...
    2007-11-05 04:35:00

  • A silver lining in America’s subprime cloud

    Financial Times - ... that the housing slump and the financial crisis triggered by the subprime mortgage ... the absence of reporting on the big bugaboo of the past few years: the US current ... in order to stimulate US exports and increasing the flexibility of exchange rates ...
    2007-11-05 01:22:00

  • Greenback feeling blue

    AME Info - ... to a record low on speculation that the Federal Reserve would cut interest rates ... This was the first rate cut since 2003 after losses from subprime mortgage ... Current rating: 10% Recommendation Not recommended at all Not recommended Somewhat ...
    2007-11-05 08:10:00

  • Committee to vote on mortgage-reform bill

    Marketwatch - ... major salvo from Washington aimed at addressing the fallout from the subprime mortgage-lending mess. More than 2 million subprime mortgages are expected to reset to higher interest rates in the next 18 months. The Bush administration says current ...
    2007-11-05 12:11:00

  • Rate rise 'a response to boom'

    The Australian - Bear this in mind, during the previous government, the previous Labor government, the home mortgage interest rate was never, never as low current mortgage interest rates and that was even when we were in the worst recession for 60 years. “Now when ...
    2007-11-05 03:10:00

  • Plunging markets fear a meltdown

    Daily Telegraph - ... peak pain for America's sub-prime debtors will hit next spring as interest rates ... Struggling to catch up, the rating agencies downgraded a further $100bn of mortgage ... Our view is that these losses are so substantial that it puts current business ...
    2007-11-05 04:57:00

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