Mortgage and Financial News From 2007-10-26 Page 10

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  • Eurostocks Weekahead-Fed rate decision, key earnings in focus

    Reuters - FRANKFURT, Oct 26 (Reuters) - The U.S. Federal Reserve's interest rate decision will be in the limelight next week, competing for investors' attention with a slew of earnings updates from top European companies and key economic data. "The world will ...
    2007-10-26 11:14:00

  • Bruised dollar hits record lows on rate cut fears

    Reuters - NEW YORK (Reuters) - The dollar fell to fresh lifetime lows against the euro and a basket of currencies on Friday as investors fretted that an anticipated Federal Reserve interest rate cut next week would not be the last. However, with much of the ...
    2007-10-26 01:22:00

  • Mexico peso firms after central bank hikes key rate

    Reuters - MEXICO CITY, Oct 26 (Reuters) - The Mexican peso surged to its strongest level in three months on Friday after the central bank unexpectedly raised a key interest rate to fight inflation. The peso firmed 0.89 percent at its central ...
    2007-10-26 01:30:00

  • Wall Street banks on another rate cut

    CNN Money - NEW YORK (CNNMoney.com) -- After reading the minutes of the Federal Reserve's September meeting, many on Wall Street concluded earlier this month that the central bank would not cut interest rates at its next meeting, a two-day session that wraps up ...
    2007-10-26 11:57:00

  • Accounts with lasting interest

    Guardian Unlimited - Tiring, troublesome and tainted by lack of trust - the hunt for a consistently decent savings rate has never been an easy one. While "rate tarts" may be happy to flit between banks and building societies in the frantic chase for the highest returns ...
    2007-10-26 01:58:00

  • American National 3rd-qtr profit drops 5 percent on interest expenses ...

    CNBC - DANVILLE, Va. - American National Bankshares Inc.'s profit dropped 5 percent in the third quarter due to a "less-than-favorable" interest rate, economic trouble and competition for loans and deposits, the regional bank said Friday. Net income fell to ...
    2007-10-26 02:13:00

  • UPDATE 5-Mexico hikes interest rate as food inflation looms

    Reuters - MEXICO CITY, Oct 26 (Reuters) - Mexico's central bank on Friday unexpectedly raised its key interest rate for the first time in six months to dodge a potential spike in inflation caused by high global food prices. The bank said pressures on food ...
    2007-10-26 12:54:00

  • Fed looks for insurance in next decision on interest rates (International Herald Tribune)

    Policymakers have gone out of their way to emphasize the value of acting pre-emptively ahead of next week's interest rate meeting.
    2007-10-26 12:21:59

  • Danske Bank Notes Mexican Central Bank Raised Lending Interest Rate (Nasdaq)

    (RTTNews) - Lars Rasmussen, analyst at Danske Bank, noted that the Mexican central bank has just announced that it has raised its leading interest rate by 25bp to 7.50%, thereby delivering another tightening of monetary conditions.
    2007-10-26 10:53:40

  • Brazilian shares up nearly 3%; Mexico raises interest rate (Market Watch)

    SAN FRANCISCO (MarketWatch) -- Brazilian shares climbed Friday as investors drove up shares of market heavyweights CVRD and Petrobras as well as newly listed shares of the Brazilian Stock Exchange, while Mexican stocks slipped following a quarter-point increase by central bankers of the country's key interest rate.
    2007-10-26 12:10:16

  • Internet Gambling Deserves a New Chance

    BusinessWeek - ... what are you going to tell your constituent whose company will be put at a disadvantage and has to close or lay off employees? Ah my friend, I banned online poker. Sorry, but that is a price some will pay. I am sorry you cannot pay your mortgage, but ...
    2007-10-24 12:56:00

  • Center Bancorp, Inc. Reports Third Quarter 2007 Earnings

    Market Wire - Our emphasis will continue to be on the commercial mortgage, construction and ... Market Committee and recent turmoil in the markets has brought short-term rates ... that the above-mentioned reference enhances the public's ability to compare results ...
    2007-10-26 10:24:00

  • Great Rates. Less Paperwork. No Hidden Fees. Approval in Minutes.

    Colleyville Courier - $400,000 For Only $1,875/Month or $200,000 for Only $938/Month. http://www.LendingTree.com/ Free Mortgage Quote Compare up to four free mortgage quotes by completing an easy online form. Competitive rates from leading mortgage companies. No ...
    2007-10-25 08:09:00

  • Housing Slump Likely to Worsen

    Forbes - That would compare with a 66 percent plunge in housing construction during the 1980s slump, a period when mortgage rates hit double-digit levels, and a 36 percent fall in construction during the 1990-91 housing downturn. The current housing slump has ...
    2007-10-26 01:37:00

  • Merrill Lynch Shares Rise (BusinessWeek)


    2007-10-26 01:20:44

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