Mortgage and Financial News From 2008-8-15 Page 15
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Importers unwinding forward dollar cover (The Hindu)
Bangalore, Aug. 14 Importers have begun unwinding their forward cover with the rupee’s appreciation against the US dollar. The unwinding was triggered by the rupee’s appreciation against both the dollar and the euro since the beginning of this month.
2008-08-14 11:50:16 -
Alaron Currency Comment (Ag Report)
CHICAGO - Aug 14/08 - SNS -- Following is the currency futures comment from Alaron Trading Corp. The DX opened 'flat' at 76.385 and slid to a morning Lo of 76.245 after the CPI report showed inflation soared to a 17 year high annual rate, weighing on consumer spending.
2008-08-14 03:19:26 -
What every investor should know - CNN Money
No one can predict how the stock market will behave over a few weeks or months. But based on a few reliable factors, you can get a sense of what's in store for the long run. ...on interest-rate policy "The sharp drop in short-term rates over the past ...
2008-08-15 01:22:00 -
Move by Northern Rock sparks cheaper mortgage deals - Guardian Unlimited
Further evidence of cheaper deals on mortgages emerged yesterday following Monday's move by Northern Rock. Woolwich, part of Barclays, pushed the two-year fixed-rate deals which are popular with first-time buyers below 6%, while a division of ...
2008-08-13 12:48:00 -
Home sales still sliding in state, Puget Sound region (Seattle Times)
The number of homes sold in the state continued to slide in the second quarter, the Washington Center for Real Estate Research reported...
2008-08-15 12:39:27 -
Layoffs worsen California’s slump (Gulf Times)
SAN FRANCISCO: Like thousands of Californians, Celeste Knox has lost her job, and like so many others in the Golden State she is having trouble making payments on her mortgage.
2008-08-15 01:01:30 -
Sivy on stocks: What every investor should know (Money via Yahoo! Finance)
I'm retiring and will soon be headed to Oxford University to begin my second act. So this will be my last column for Money. At a time like this, it's only natural to look back at one's career.
2008-08-15 01:37:00 -
Focus on saving to recover from Age of Froth (Tacoma News Tribune)
One of the most humbling challenges we scribes face is to attach a meaningful name to an era.
2008-08-15 01:37:31 -
Sparks City Council helps home buyers (Reno Gazette-Journal)
The Sparks City Council voted to evenly allocate its 2008 state volume cap share of more than $4.3 million to the Nevada Housing Division and the Nevada Rural Housing Authority.
2008-08-15 01:47:15 -
State has 16th-highest foreclosure rate - Danbury News-Times
Eight months after her condominium association filed to foreclose on her home, Sharon Williams found a way out. "I just kept working at it," said Williams, a Jamaican immigrant who worked for 10 years to save enough to make a down payment on a ...
2008-08-14 11:06:00 -
Obama Bests McCain Among Bush-Backing Bankers, Drug Companies - Bloomberg
Aug. 15 (Bloomberg) -- John McCain 's presidential campaign lacks the support of several Republican-leaning industries central to President George W. Bush 's record-setting fundraising four years ago. Democrat Barack Obama has captured $9.6 million ...
2008-08-14 09:04:00 -
Sirius XM's Karmazin Says He Made `Ugly' Debt Deal in Merger - Bloomberg
Aug. 15 (Bloomberg) -- Sirius XM Radio Inc. struck an ``ugly'' debt deal to close the merger of the only two U.S. satellite radio operators, Chief Executive Officer Mel Karmazin said. A bond sale the evening of Monday, July 28, allowed Karmazin to ...
2008-08-14 09:25:00 -
Housing act could help ... or hurt (The Fresno Bee)
The Housing and Economic Recovery Act passed last month by Congress could provide useful tools in the fight to save homeowners from the foreclosure crisis gripping the central San Joaquin Valley. Read comments
2008-08-14 11:51:18 -
Local Help for Besieged Homeowners (Time Magazine)
An innovative center in Florida has helped scores of homeowners avert foreclosure. With an infusion of $4 billion in federal aid, will it become a national model?
2008-08-15 12:11:43 -
Region's foreclosures increase as prices, home sales drop, report says (The Washington Examiner)
The number of foreclosures in Virginia nearly tripled in July from a year ago and rose in the District and Maryland as well.
2008-08-15 12:14:37