Mortgage and Financial News From 2008-1-25 Page 69

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  • NDP proposes cut in student-loan rates - Vancouver Sun

    NDP proposes cut in student-loan ratesVancouver Sun,  Canada - 18 minutes agoBut Coell said 99 per cent of students who have loans pay the prime interest rate plus two percentage points -- and only after they have graduated.
    2008-01-25 12:21:22

  • US recession to hit Canada hardest - Pravda

    US recession to hit Canada hardestPravda, Russia - 15 minutes agoThe Bank of Canada last month cut its interest rate by a quarter point as expectations for the economy worsened. The bank had raised its overnight rate to ...
    2008-01-25 12:24:17

  • Are you being rewarded for your exposure to choppy markets? - Moneyweb

    Are you being rewarded for your exposure to choppy markets?Moneyweb, South Africa - 8 minutes agoKinsley says in addition to the current market volatility, further possible interest rate increases and political uncertainty are also weighing heavily on ...
    2008-01-25 12:31:14

  • Local experts feel bullish (The Ledger Independent)

    Even with Tuesday's early morning Dow Jones Industrial Average implosion, at one point leaving the much studied financial indicator down almost 500 points, local financial representatives are bullish about the economy going forward.
    2008-01-25 12:09:25

  • Dodging the mortgage crisis (Spokane Journal of Business)

    Though the mortgage-lending industry has slumped badly nationally, with reverberations felt in the stock market, residential mortgage specialists here say the Spokane area’s conservative nature has allowed it to remain relatively unscathed.
    2008-01-25 12:10:15

  • Housing advocates protest foreclosures (Baltimore Examiner)

    Glen Burnie resident Marguerite Anderson has watched her monthly mortgage payment almost double in less than two years.
    2008-01-25 12:12:49

  • Home Front: Fed's rate cut: Its impact on ARMs, other mortgages (The Sacramento Bee)

    The Federal Reserve spoke loudly this week with a huge interest rate cut – three quarters of a percent – and it may cut more next week. Mortgage rates nationally also fell this week to near four-year lows. And there may be new help in an economic stimulus plan from Washington.
    2008-01-25 12:13:15

  • Proposed Mortgage Plan Could Aid Markets (WJLA-TV Washington D.C.)

    A component of the government's tentative economic stimulus package announced Thursday would give an immediate lift to buyers and sellers in higher-priced housing markets.The package agreed upon by Democratic and Republican members of the House would allow government-sponsored Fannie Mae and Freddie Mac to buy mortgages up to 75 percent more expensive than the current $417,000 limit.
    2008-01-25 12:14:04

  • Big loans could get cheaper (Los Angeles Times)

    Supporters say the proposal would help borrowers and stabilize the housing market The economic stimulus plan worked out Thursday in Washington would provide nearly a year of cheaper loans for Californians buying or refinancing higher-cost homes, and the news elicited jubilation in the beleaguered housing and mortgage industries.
    2008-01-25 12:16:33

  • Asian stocks rise on relief over U.S. outlook (Interactive Investor)

    FTSE 100 latest: More than 400 new discussions. Find out what other interactive investors are saying.
    2008-01-25 12:16:34

  • Tentative stimulus package includes boon to higher-priced housing markets (The Standard-Times)

    WASHINGTON — A component of the government's tentative economic stimulus package announced Thursday would give an immediate lift to buyers and sellers in higher-priced housing markets.
    2008-01-25 12:20:12

  • (AFX UK Focus) 2008-01-25 08:04 GMT: Budapest shares TFN at a glance outlook (Interactive Investor)

    BUDAPEST (Thomson Financial) - Shares are seen opening up as US and Asian markets continued to rebound although gains maybe capped ahead of the weekend.
    2008-01-25 12:32:07

  • US recession to hit Canada hardest (Pravda Ru)

    The U.S. economy is already in recession and that will cause a slowdown in the Canada in the first half of this year, BMO Capital Markets said today in its forecast for the year ahead.
    2008-01-25 12:34:01

  • Congressional Democrats embrace Bush’s economic stimulus plan - World Socialist Web Site

    Congressional Democrats embrace Bush’s economic stimulus planWorld Socialist Web Site, MI - 1 hour agoThere are additional provisions related to the mortgage market crisis, including expanded authority to federal agencies to help refinance mortgages. ...
    2008-01-24 10:01:04

  • Centro Surges on Speculation Banks to Extend Deadline (Update1) - Bloomberg

    Centro Surges on Speculation Banks to Extend Deadline (Update1)Bloomberg - 1 hour ago17 it was struggling to refinance debt. Centro borrowed under former CEO Andrew Scott to buy $9 billion of malls over two years. Centro Retail Group, a unit ...
    2008-01-24 10:08:08

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