Mortgage and Financial News From 2008-2-13 Page 3

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• German Economic Growth Slowed in Fourth Quarter on Consumption - Bloomberg

  German Economic Growth Slowed in Fourth Quarter on ConsumptionBloomberg - 4 minutes ago7 left its benchmark interest rate at 4 percent. ``Amid a buoyant labor market and persistent risks to higher wage inflation, the ECB is not eager to follow ...
  2008-02-13 11:19:46

• Axis Bank slashes PLR by 25 bps - India Infoline.com

  Axis Bank slashes PLR by 25 bpsIndia Infoline.com, India - 3 minutes agoThe bank has also slashed its mortgage reference rate (MRR) by 50 basis points to 12.75%. Accordingly, interest rates on floating home loans too has been ...
  2008-02-13 11:19:54

• Real tops money league - Independent Online

  Real tops money leagueIndependent Online, South Africa - 3 minutes ago€3,7-billion in 2006/07, the highest rate of growth since 2002/03. In just over a decade since the first money league was compiled for 1996/97, ...
  2008-02-13 11:20:43

• Ailing economy gets its booster shot - USA Today

  Ailing economy gets its booster shotUSA Today - 2 minutes ago... such as a free fall in home sales and prices and a credit crunch that has persisted despite aggressive Federal Reserve interest rate cuts. ...
  2008-02-13 11:21:31

• Buyers of pricey homes to get a bit of a break - USA Today

  Buyers of pricey homes to get a bit of a breakUSA Today - 2 minutes agoIn simple dollars and cents: If Garza could refinance into a Freddie or Fannie loan, he might be able to cut his 6.88% interest rate by 1 percentage point, ...
  2008-02-13 11:21:31

• Catalyst 2007 results reflect challenging business climate - PR Newswire (press release)

  Catalyst 2007 results reflect challenging business climatePR Newswire (press release), NY - 11 hours agoEBITDA and EBITDA before specific items EBITDA and EBITDA before specific items are widely used in the financial community to compare the profitability of ...
  2008-02-13 11:49:41

• Strong Employment - Good News And Bad - FN Arena News

  Strong Employment - Good News And BadFN Arena News, Australia - 2 hours agoCompare Australia's situation to that in the US, where despite significant interest rate cuts unemployment has begun to rise, mortgage defaults are ...
  2008-02-13 08:24:48

• Pollies set for pay freeze (The Age)

  Federal politicians to cop a pay cut this year as PM Kevin Rudd orders 18-month salary freeze.
  2008-02-13 11:15:39

• Quaden Says U.S. Slowdown to Be `More Pronounced' Than Expected (Bloomberg.com)

  Feb. 14 (Bloomberg) -- European Central Bank council member Guy Quaden said the slowdown in the U.S. economy will be ``more pronounced'' than anticipated, suggesting the ECB may revise its growth forecasts made in December.
  2008-02-13 11:16:46

• LISD receives highest credit rating in Texas (The Colony Courier-Leader)

  Lewisville ISD’s money management could lead to savings for local taxpayers. The district has received an AA+ bond rating for 2007, giving LISD the highest rating of all districts in the state.
  2008-02-13 11:17:08

• Council moves on event center bonds, contracts (Allen American Star)

  While the rest of the country was dealing with fluctuations on various stock markets, financial planners for the city were taking the opportunity to issue bonds to finance the $52.6-million event center.
  2008-02-13 11:18:05

• DATA SNAP: Finnish Jan CPI +3.8% On Year; Highest Since 2000 (The Forex Market)

  Finnish annual inflation hit its fastest rate since 2000 in January, Statistics Finland said Thursday. The national statistic agency said Finland's consumer price index rose 3.8% on the year in January 2008, after rising 2.6% in December.
  2008-02-13 11:20:45

• NDTV.com: (NDTV)

  Can you eat investments? Orissa is set to get about one lakh crore rupees in investments from steel companies. And that will create one lakh new jobs, giving a steady source of income to one lakh families in the state.
  2008-02-13 11:21:01

• Personal Finance Daily -- Feb. 13 (Market Watch)

  When market volatility becomes the norm, it's perhaps understandable that investors, particularly those close to retirement, push more cash toward safe investments such as certificates of deposit.
  2008-02-13 11:20:21

• Japanese government bonds close lower after better-than-expected GDP data (The Forex Market)

  TOKYO (Thomson Financial) - Japanese government bond prices closed Thursday mostly lower as investor interest switched to stocks, after data showed the Japanese economy grew at a faster-than-expected pace in the fourth quarter.
  2008-02-13 11:21:05

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