Mortgage and Financial News From 2008-1-28 Page 11

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• NBR Transcripts-January 28, 2008 - Nightly Business Report

  NBR Transcripts-January 28, 2008Nightly Business Report, FL - 2 hours agoThat buying and the prospect of more rate cuts this week helped stocks close at the day's best levels. The Dow Jones Industrial Average came in with a gain ...
  2008-01-28 06:26:20

• South Korean Market Gains On Bargain Hunting [] - RTT News

  South Korean Market Gains On Bargain Hunting []RTT News, NY - 2 hours agoThe Dow industrials rose 1.5% Monday as dismal new home sales data raised hopes that the Federal Reserve might slash interest rates again at its meeting on ...
  2008-01-28 06:28:53

• The bears are leading the bulls for now - Minneapolis Star Tribune (subscription)

  The bears are leading the bulls for nowMinneapolis Star Tribune (subscription), MN - 2 hours agoThe end-of-year housing statistics continue to be bleak, the subprime mortgage crisis continues to spread, consumers remain tightfisted and fresh headlines ...
  2008-01-28 06:37:32

• Stocks Gain On US Interest Rate Cut Hopes - Asian Commentary [] - RTT News

  Stocks Gain On US Interest Rate Cut Hopes - Asian Commentary []RTT News, NY - 2 hours agoA monthly business survey index by the Federation of Korean Industries plunged to 94.8 in February, marking the lowest level since August 2006 when the ...
  2008-01-28 06:57:17

• Sub-prime boss forfeits £19m severance payoff - Guardian Unlimited

  Sub-prime boss forfeits £19m severance payoffGuardian Unlimited, UK - 1 hour agoThe outgoing boss of America's biggest mortgage lender, Countrywide Financial, is sacrificing $37.5m (£19m) of severance pay following an avalanche of ...
  2008-01-28 07:25:41

• Congresswoman Brown Comments on President's State of the Union - MyFoxOrlando.com

  Congresswoman Brown Comments on President's State of the UnionMyFoxOrlando.com, FL - 1 hour agoWe have also seen mortgage foreclosures skyrocketing and home values dropping, and as many as 2 million Americans will see their mortgage rates increase in ...
  2008-01-28 07:42:50

• New Home Sales Tumble In December - Consumer Affairs

  New Home Sales Tumble In DecemberConsumer Affairs - 1 hour ago"Although interest rates on jumbo loans have fallen somewhat, they remain well above conventional mortgage rates," Yun said. "It isn't surprising that the ...
  2008-01-28 07:54:25

• Wesfarmers Bets on Calmer Market to Pay Coles Loans (Update2) - Bloomberg

  Wesfarmers Bets on Calmer Market to Pay Coles Loans (Update2)Bloomberg - 51 minutes agoThe Perth-based company may pay more to refinance its debt this year after interbank lending rates surged to an 11-year high and the perceived risk of ...
  2008-01-28 08:08:43

• Downgrade won't affect city bonds - Trading Markets (press release)

  Downgrade won't affect city bondsTrading Markets (press release), CA - 29 minutes agoThe downgrade came after Ambac wrote down the value of billions of dollars in derivatives tied to subprime mortgage loans. Other bond insurers with similar ...
  2008-01-28 08:30:39

• Should You Re-Finance? - WHOI

  Should You Re-Finance?WHOI, IL - 14 minutes agoBy Ashley McNamee PEORIA, IL -- With rates at a historic low, should you consider re-financing your mortgage? The current rate is around five percent on a ...
  2008-01-28 08:45:42

• The Tax Rebels - Voice of San Diego

  The Tax RebelsVoice of San Diego, CA - 10 minutes agoIn return, the proponents of the theories charge premium rates for their literature. Many so-called tax protesters are merely scam artists looking for naive ...
  2008-01-28 08:50:06

• Economy - Monday (Investor's Business Daily via Yahoo! Finance)

  Texas factory activity mixed
  2008-01-28 03:45:04

• Will Fed cut rates again this week? (Orange County Register)

  Some expect Federal Reserve to make at least a one-quarter percentage point reduction on Wednesday. Others aren't so sure.
  2008-01-28 04:52:27

• South Korean Market Gains On Bargain Hunting (Nasdaq)

  (RTTNews) - Tuesday, South Korean shares were trading higher on bargain hunting by investors, with sentiment boosted by Wall Street's rebound overnight.
  2008-01-28 06:30:21

• Stocks Gain On U.S. Interest Rate Cut Hopes - Asian Commentary (Nasdaq)

  (RTTNews) - Tuesday, stock markets across the Asia-Pacific region, except for Australia, rose after Wall Street rebounded overnight as weaker-than-expected home sales data boosted hopes that the Federal Reserve will cut U.S. interest rates by half a percentage point at its meeting on Wednesday, supporting growth in the world's largest economy.
  2008-01-28 06:59:32

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