Mortgage and Financial News From 2008-2-13 Page 12

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  • Fed rate cuts are beginning to hit CD yields

    Buffalo News - While prospective homeowners may have applauded the Fed’s decision to lower interest rates, others are lamenting the loss of savings or retirement income that also disappeared. A certificate of deposit, or CD, is a fixed-rate and fixed-term, low ...
    2008-02-13 03:31:00

  • Voting is Our Civic Obligation

    Town Hall - Most recently, the government responded to current economic anxieties by slashing interest rates and putting together a $152 billion stimulus package. Like it or not, the President has great sway over the financial well-being of the country. These ...
    2008-02-13 12:07:00

  • Japan GDP grows faster than expected in Q4, but downside risks persist ...

    FXStreet.com - Against this background, the Bank of Japan has no other choice but to keep interest rates on hold. The Cabinet Office said Thursday Japan's gross domestic product rose 0.9 percent in real terms in the fourth quarter, or at an annualized rate of 3.7 ...
    2008-02-13 08:28:00

  • BNC Bancorp's Net Income Increases Despite Challenging Banking ... - MSN Money

    BNC Bancorp's Net Income Increases Despite Challenging Banking ...MSN Money - 15 hours agoInterest Rate Impact: "Due to a flat yield curve and recent Federal Reserve rate cuts, our Company has been challenged with shrinking net interest margins ...
    2008-02-13 06:05:42

  • ADVERTISE WITH US - Northern Territory

    ADVERTISE WITH USNorthern Territory, Australia - 13 hours agoWatch wages up and interest rates rocket. Mark, h .springs Hey Kevin, when are you going to bring interest rates down as promised? ...
    2008-02-13 08:17:11

  • Jim Dandy to the Rescue - Daily Reckoning - American Edition

    Jim Dandy to the RescueDaily Reckoning - American Edition, MD - 10 hours ago... reach its lowest level against the dollar since October over the next three months, as the European Central Bank is forced to reduce its interest rates. ...
    2008-02-13 11:06:48

  • A Direct Banking CEO Argues His Case - Brooklyn Daily Eagle

    A Direct Banking CEO Argues His CaseBrooklyn Daily Eagle, NY - 7 hours agoNotably, direct banks offer some of the highest interest rates available. According to Bankrate.com, the average savings bank pays less than half a percent ...
    2008-02-13 02:08:21

  • MAHLER: "Titan" – a Tone Poem in Symphonic Form (Hamburg Version ... - Audiophile Audition

    MAHLER: "Titan" – a Tone Poem in Symphonic Form (Hamburg Version ...Audiophile Audition - 7 hours ago... in enhanced audio without the video, ie, a higher resolution audio signal with a higher sample rate (96 kHz instead of the normal CD rate of 44.1 kHz). ...
    2008-02-13 02:19:24

  • State treasurer pushes lending program - Crain's Cleveland Business

    State treasurer pushes lending programCrain's Cleveland Business, OH - 6 hours agoIf approved, the state Treasury places a CD with the bank at a 3% interest rate reduction, and the bank passes along the interest rate savings to the small ...
    2008-02-13 03:17:53

  • BNC Bancorp's Net Income Increases Despite Challenging Banking Environment (PR Newswire via Yahoo! Finance)

    BNC Bancorp today reported that net income for the year ended December 31, 2007 increased 20.6 percent to $7.44 million when compared with $6.17 million reported for 2006. Diluted earnings per share increased to $1.05 in 2007, a 1.0 percent increase compared with $1.04 reported for the full year of 2006.
    2008-02-13 06:00:00

  • King signals that rates will not fall as far as City expects

    Herald - ... over-enthusiastic predictions in the City of London of how far UK interest rates ... It was this sub-prime mortgage default which triggered the global credit crisis. The ... highlighted his belief that monetary policy would be better able to tackle current ...
    2008-02-13 03:48:00

  • Families locked out

    St. Petersburg Times - ... Florida, our communities are suffering the effects of the national subprime mortgage ... subprime loans are going to "reset" to substantially higher interest rates in the ... Many factors are to blame for our current housing crisis, but there is no doubt ...
    2008-02-13 08:56:00

  • MGIC Plunges on Loss, Surprise Reserve, Seeks Capital (Update5)

    Bloomberg - MGIC said it's seeking capital in order to take advantage of current opportunities but ... S. mortgages rose 37 percent in December from a year earlier, according to the Mortgage Insurance Companies of America trade group. Foreclosure rates rose ...
    2008-02-13 01:40:00

  • Building dreams, or chasing a mirage?

    Zawya.com - ... fees and the launch of a credit bureau, I-Score, which when fully operational will allow lenders to analyze risk better and thus offer lower interest rates. The current yield on mortgages is in the range of 13-14 percent, according to the Mortgage ...
    2008-02-13 08:42:00

  • BankTennessee upgrades, expands mortgage lending

    Memphis Business Journal - With rates at three-year lows, about half the current mortgage activity is refinancing, he says. "The steps we are taking to serve our customers where and when they need our services are part of our strategy to grow all the divisions of our bank and ...
    2008-02-13 11:59:00

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