Mortgage and Financial News From 2008-2-4 Page 58

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  • Australian Dollar to Equal 23-Year High on RBA Rate, ANZ Says

    Bloomberg - Feb. 4 (Bloomberg) -- The Australian dollar will revisit a 23-year high as the central bank increases the benchmark interest rate and signals more may be needed to control inflation, according to Australia & New Zealand Banking Group Ltd. The ...
    2008-02-03 10:27:00
  • RBA's inflation itch won't go away

    News.com.au - ANZ chief economist Saul Eslake said inflation is a major problem and the further interest rate rise may come as early as May. The expectation of an interest rate rise boosted the Australian dollar, which was trading at US90.50 in late evening. Share ...
    2008-02-04 07:52:00
  • We can't afford to ignore this problem

    News.com.au - And for homebuyers and intending homebuyers, today's interest rate ruling by the Reserve Bank will be keenly awaited. If, as expected, the Reserve lifts official interest rates, homebuyers repaying an average $300,000 mortgage will have to find an ...
    2008-02-04 05:51:00
  • French finance ministry says G7 to discuss currencies, particularly ...

    Forbes - The G7 will focus on the impact of the credit market crisis on the world economy and policy responses that have been made in response to slowing growth, particularly the US Federal Reserve's interest rate cuts and the Bush administration's fiscal ...
    2008-02-04 05:51:00
  • FOREX-Yen slips as risk appetite perks up

    Forbes - The dollar was relatively stable on Monday after being whipsawed last week by another hefty interest rate cut, weak growth and jobs figures and a surprisingly robust manufacturing report. Mergers speculation lifted global equity markets and encouraged ...
    2008-02-04 07:17:00
  • Kevin Rudd's $850m relief for young homebuyers

    News.com.au - YOUNG Australians struggling to save for their own home will pocket between $750 and $1500 a year under a Rudd Government plan to help them break into the housing market. As families brace for yet another interest rate rise expected today, the ...
    2008-02-04 05:51:00
  • Savings plan pre-empts latest rates rise

    News.com.au - A REVAMPED scheme to help families break into the housing market has been unveiled by the Federal Government ahead of an almost-certain interest rate increase today. Cabinet approved the $850 million superannuation-style savings plan yesterday as the ...
    2008-02-04 05:36:00
  • Australian Central Bank May Raise Interest Rate to 7% (Update1)

    Bloomberg - Feb. 4 (Bloomberg) -- Australia's central bank will probably raise its interest rate to an 11-year high tomorrow to cool the fastest inflation since 1991. Governor Glenn Stevens and his board will increase the overnight cash rate target by a quarter ...
    2008-02-03 10:56:00
  • Dollar Slips in Europe

    Forbes - The dollar slipped against the euro and the pound Monday ahead of interest rate decisions this week from the European Central Bank and the Bank of England. The euro rose to $1.4825 from $1.4803, while the British pound climbed to $1.9766 from $1.9677 ...
    2008-02-04 05:44:00
  • PREVIEW-ECB to focus more on growth but keep rates at 4 pct

    Forbes - What: ECB February interest rate decision and news conference * When: Thursday, Feb. 7 -- rate decision at 1245 GMT, news conference at 1330 GMT * Economists expect ECB to keep rates at 4.0 percent, but President Jean-Claude Trichet to focus more on ...
    2008-02-04 06:48:00
  • Romanian Leu Rises; Central Bank Boosts Rate 1 Percentage Point

    Bloomberg - Feb. 4 (Bloomberg) -- Romania's leu rose to a three-week high against the euro as the central bank increased interest rates by more than analysts expected. Poland's zloty climbed to its highest in six years. The leu gained for a second day policy ...
    2008-02-04 03:28:00
  • Chase Offers Fee Waivers, Rate Reductions for 2008-09 Student Loans

    Forbes - Chase will reduce the interest rate by 0.10 percentage points upon repayment - and for the remainder of the loan term - if Chase originates, services and retains the loan. Chase will also offer the following benefits for ...
    2008-02-04 07:31:00
  • Interest rate rise "unusually straightforward"

    News.com.au - HSBC's chief economist rejected the suggestion that today's decision by the Reserve Bank (to increase the official interest rate) was unusually difficult. "To our mind the decision is unusually straightforward," he wrote in his weekly comment. The ...
    2008-02-04 05:51:00
  • Riksbank's Nyberg says Swedish economic conditions point to interest ...

    Forbes - Thus, developments in the Swedish economy indicate the interest rate should be raised, but the international turmoil implies that it would be better to wait,' he concluded. In December, the Riksbank said that during the first half of 2008, the repo ...
    2008-02-04 05:15:00
  • Ten-Year Treasuries Fall as Rate Cuts Erode Demand for Debt

    Bloomberg - Feb. 4 (Bloomberg) -- U.S. 10-year Treasuries fell on speculation that Federal Reserve interest-rate cuts will revive growth and inflation, reducing demand for the government's auctions of $22 billion in notes and bonds this week. U.S. government ...
    2008-02-04 07:38:00