Mortgage and Financial News From 2007-8-21 Page 01

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  • Comment: The next big China effect

    Financial Times - But those half-hearted measures were no match for corporate profit growth, low interest rates and all that liquidity. Today’s boom has its roots in China’s financial history. Even before 2004, the amount of money sloshing around China’s economy ...
    2007-08-20 12:56:00

  • Govt cuts down debt service payments

    Manila Times - A STRONG peso and low interest rates have allowed the government to save sig­nificantly on debt service payments in the first seven months of the year, according to the Department of Finance (DOF). Finance Secretary Margarito B. Teves said the ...
    2007-08-21 06:17:00

  • Herd panic pushing bourse bounces

    Asia Times - ... on Monday recovering strongly after the US Federal Reserve in a surprise move cut a key benchmark interest ... pockets of China, Asian real estate is frothy but has not experienced the runaway price-inflation rates ...
    2007-08-21 07:32:00

  • National interest rates

    Worldnews.com - National interest rates Herald Tribune BANK/THR IFT YIELDS Highest yields for money market deposit accounts and certificates of ... National CD rates The Enquirer Here are some of the highest nationwide yields on five types of accounts, according to the ...
    2007-08-21 01:17:00

  • Euro zone trade surplus soars on strong exports

    Khaleej Times - Rises in European Central Bank interest rates strengthened the euro against the US dollar and the Japanese yen in the second quarter of the year, prompting complaints from some politicians that the exchange rate was hurting exports. The currency has ...
    2007-08-21 07:25:00

  • Global Layer Cake Portfolio

    Forbes - They are based on four criteria: market momentum, measured by 50- and 200-day moving averages; relative valuations of world stock markets; macro factors such as politics and the pace and direction of economic growth and interest rates; and, finally ...
    2007-08-21 06:56:00

  • Strip club visit tarnishes Rudd's halo

    BBC News - If the latest poll is to be believed, the turbulence they created on the Australian stock market, combined with the fifth rise in interest rates since the 2004 election, appears to have damaged the government's economic credentials - its chief ...
    2007-08-21 08:15:00

  • No let-up in lending levels as borrowers get house in order

    Scotsman - MORTGAGE lending remained strong last month as homeowners sought out better deals to protect against rising interest rates, figures indicated today. The Council of Mortgage Lenders (CML) said £34.4 billion was lent by its members during the month ...
    2007-08-21 07:10:00

  • China raises rates on growing inflation fears

    National Post - BEIJING - China raised interest rates on Tuesday for the fourth time this year, aiming to counter expectations of accelerating inflation after consumer prices rose in July at the fastest pace in more than a decade. The People's Bank of China (PBOC ...
    2007-08-21 07:32:00

  • China raising interest rates in bid to cool inflation

    International Herald Tribune - BEIJING: China announced Tuesday that it would raise interest rates for a fourth time this year in an effort to contain its racing economy and rein in soaring consumer prices. The People's Bank of China, the central bank, said on its Web site that ...
    2007-08-21 09:19:00

  • Florida men may face federal indictments in alleged fraud (Sarasota Herald-Tribune)

    A group of men accused of bilking hundreds of people out of at least $35 million will ask a judge today to put a civil case against them on hold.
    2007-08-21 09:12:36

  • S.Korea bonds flat, erasing gains on higher shares (Reuters via Yahoo! Asia News)

    SEOUL, Aug 21 (Reuters) - South Korean government bond prices ended steady on Tuesday, turning in earlier gains after local stock prices edged up.
    2007-08-21 08:32:59

  • Your Money: Home buyers, save for that down payment (USA Today)

    Those easy-money days are history. As the mortgage meltdown has spread, lenders are demanding stellar credit and proof of income. Zero-down payment mortgages have almost disappeared. Not long ago, lenders were handing out mortgages to anyone with a phone number and a pulse. No money for a down payment? Not a problem! Low credit score? Who cares? Incarcerated? You'll need a place to live when you ...
    2007-08-21 01:56:19

  • Learn the ABCs of FDIC Insurance (TheStreet.com)

    Here's how to get a handle on coverage limits.
    2007-08-21 09:43:10

  • The Rundown on Rates (The Motley Fool)

    How can you protect your fixed income?
    2007-08-21 06:01:17

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