Mortgage and Financial News From 2007-10-10 Page 12

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  • India's H1 vehicle sales fall by 5.91 pct, hit by higher interest ...

    FXStreet.com - MUMBAI (Thomson Financial) - India's first-half automobile sales fell by 5.91 pct year on year due to higher interest rates and the seasonal effect of monsoons. In its report, Society of Indian Automobile Manufacturers (SIAM) said passenger and light ...
    2007-10-10 12:48:00
  • Maya Jaal: Now, Raghuvansh joins anti-big retail forces

    Economic Times - ... that big retail can help remove middlemen from the food and other goods procurement chain leading to better rates for the ... these people will lose their means of livelihood," he said adding that the government needed to safeguard the interest of ...
    2007-10-10 09:31:00
  • Fed boosts markets worldwide

    The Australian - GLOBAL financial markets have taken comfort in the coded signalling of the US Federal Reserve that it could cut interest rates further if the US economy continues to struggle. The minutes of the September 18 Federal Reserve board meeting, at which ...
    2007-10-10 11:33:00
  • New Supporters of SIRIUS/XM Merger Urge FCC Approval (Broadcast Newsroom)

    WASHINGTON, and NEW YORK, Oct. 10 /PRNewswire-FirstCall/ -- SIRIUS Satellite Radio (Nasdaq: SIRI) and XM Satellite Radio (Nasdaq: XMSR) today highlighted additional support they have received for their merger in recent weeks from Members of Congress, consumer advocates, automaker Kia Motors and diverse on-air talent, including Charlie Daniels and Deepak Chopra.
    2007-10-10 10:30:57
  • INDICATORS - Lebanon - Updated Oct 10 (Reuters via Yahoo! Malaysia News)

    BEIRUT, Oct 10 - Below is a table of the latest Lebanese economic statistics.
    2007-10-10 03:40:59
  • DVRs, Downloads Forcing Change In Ad Rates (Arts Journal)

    "Right now, the biggest drama on TV isn't a cop show or a medical show. It's the attempt by you to dodge the commercials." As a direct result of new digital technologies, "by the end of this TV season, the system could go haywire. Advertisers and the TV networks have agreed on a new system.
    2007-10-10 06:36:49
  • SUSAN TOMPOR: Fed rate cuts don't reduce high CD yields (Detroit Free Press)

    Savers had fretted that higher rate CDs would disappear once the Federal Reserve cut rates. But so far, it's not a problem. "Banks are still very dependent on consumer deposits. So there is a reluctance to slam the door by cutting rates more aggressively than their competitors," said Greg McBride, senior analyst for Bankrate.com.
    2007-10-10 12:07:07
  • ERA Justin Realty Report: Best way to buy a home before current one ...

    Leader - In all cases, you’ll be asked to provide a written mortgage pre-approval from a qualified mortgage lender.” In an effort to bring the most current ... Interest rates and home prices are inviting. Home sale markets are cyclical. There are up markets ...
    2007-10-10 07:15:00
  • Reports: Valley less risky than state for home price declines

    San Jose Business Journal - Badagliacco said that sales could decline more steeply in 2008 "if the current liquidity crunch in the mortgage markets has a longer-than-expected duration or if interest rates unexpectedly increase." More affordable regions such as the Central ...
    2007-10-10 09:45:00
  • UPDATE 2-Spain's Banesto 9-mth profit rises 13 pct

    Reuters - Chairwoman Ana Patricia Botin said that in the current ... Despite the credit crunch set off by sub-prime mortgage problems in the United States, Banesto said its cost of financing rose by about one percentage point -- about the same as Euribor rates ...
    2007-10-10 07:44:00
  • Boston Fed chief: banks can help alleviate subprime crisis

    Boston Globe - Banks didn't create the subprime mortgage disaster but the new president of the Federal Reserve Bank of Boston ... to have gained significant equity or have been keeping up with payments on loans based on teaser interest rates higher than current ...
    2007-10-10 07:08:00
  • California Home Prices May Drop the Most in 15 Years in 2008

    Bloomberg - Sales could decline more steeply in 2008 if the current liquidity crunch in the mortgage markets has a longer-than- expected duration or if interest rates unexpectedly increase,'' Colleen Badagliacco, president of the California Association of ...
    2007-10-10 11:33:00
  • Business Minute: Stocks down...Chrysler workers strike...Boeing delays ...

    Idaho8.com - This Week in House and Home House & Home Main Today's Mortgage Rates In the Know Movie Listings Personal Finance This Week in Money Money ... Associated Press - October 10, 2007 2:13 PM ET NEW YORK (AP) - The blue chips have come in for profit-taking after ...
    2007-10-10 10:50:00
  • White House Creates Mortgage Coalition

    FOX News - ... to fixed-rate loans if the borrowers were current on their payments and living in the homes. Estimates are that mortgages resetting from low "teaser" rates could mean an extra $250 to $300 in monthly payments on the typical $1,200 monthly mortgage ...
    2007-10-10 01:06:00
  • U.S. administration announces mortgage industry coalition to help homeowners (The Canadian Press via Yahoo! Canada News)

    WASHINGTON - The U.S. administration announced a new mortgage industry coalition on Wednesday aimed at helping homeowners avoid being trapped in a rising tide of foreclosures.
    2007-10-10 12:59:00