Mortgage and Financial News From 2007-10-10 Page 2

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  • Bank of Japan Keeps Rate Flat

    CNBC - ... to keep a key interest rate unchanged at 0.5 percent. The decision was in line with expectations. Bank officials were expected to remain cautious as they studied the economic situation in the United States, where problems in the subprime mortgage ...
    2007-10-10 09:48:00

  • Struggling homeowners won't find aid from Fed

    The Washington Times - The Federal Reserve"s recent rate cut won"t help millions of people facing spikes in their monthly mortgage bills. That"s partly because their mortgage rates and terms are set by global investors in London, rather than in the United States ...
    2007-10-10 09:41:00

  • BOJ Holds Rates Steady, Machinery Orders Fall

    CNBC - But that has changed dramatically since the spillover from U.S. subprime mortgage problems rocked markets and caused a credit squeeze, prompting the Federal Reserve to cut rates in September and the European Central Bank to pause in raising rates. ...
    2007-10-10 09:55:00

  • Banks raise mortgage rates

    Stockhouse Canada - TORONTO - Three of Canada's major banks are raising residential mortgage rates. The Bank of Montreal (TSX:BMO) and Royal Bank (TSX:RY) said Wednesday their posted rates will rise as much as a quarter point beginning on Thursday. TD Bank's (TSX:TD ...
    2007-10-10 04:40:00

  • Fed signals no rush to lower rates again

    Economic Times - Housing “remained exceptionally weak,” the minutes said, and “the faster pace of foreclosures as subprime mortgage rates reset was also seen as posing a downside risk” to residential real estate. The Fed staff “marked down” their ...
    2007-10-10 08:44:00

  • House Prices Fall at Fastest Pace in Two Years, RICS Says

    Bloomberg - The market has become much quieter following the banking crisis, and the likelihood of further increases in mortgage rates,'' said Alan Coy, an estate agent at Bannister & Co. in Suffolk, east England. ``We are expecting much reduced activity for the ...
    2007-10-10 05:31:00

  • Mortgage Turmoil Hits Renters

    Wall Street Journal - In many cases, the homes and apartments entering foreclosure are owned by investors who got low-rate teaser mortgages and intended to hold the buildings for a few years and then sell them at a profit -- before their mortgage rates rose. Now, with the ...
    2007-10-10 08:58:00

  • RBC Royal Bank increases residential mortgage rates (CNW Group via Yahoo! Finance)

    RBC Royal Bank announced today that it is increasing its residential mortgage rates effective October 11, 2007.
    2007-10-10 10:53:00

  • Laurentian Bank changes its mortgage rates (CNW Group via Yahoo! Finance)

    Laurentian Bank has changed its mortgage rates. The changes are as follows:
    2007-10-10 01:46:00

  • Scotiabank changes mortgage rates (CNW Group via Yahoo! Finance)

    Scotiabank announced today the following changes in residential mortgage interest rates, effective October 11:
    2007-10-10 02:34:00

  • BMO, Royal Bank and TD Bank raise residential mortgage rates (The Canadian Press via Yahoo! Canada News)

    TORONTO - Three of Canada's major banks are raising residential mortgage rates.
    2007-10-10 12:25:00

  • BMO, Royal Bank and TD Bank raise residential mortgage rates (MSN Money Canada)

    TORONTO - Three of Canada's major banks are raising residential mortgage rates. The Bank of Montreal (TSX:BMO) and Royal Bank (TSX:RY) said Wednesday their posted rates will rise as much as a quarter point beginning on Thursday. TD Bank's (TSX:TD) rate changes went into effect Wednesday.
    2007-10-10 01:27:02

  • Mortgage rates heading up (CBC via Yahoo! Canada News)

    Canadian banks have begun to raise mortgage rates by up to a quarter of a percentage point to reflect the rising cost of raising money in the bond market.
    2007-10-10 08:42:13

  • Banks hike mortgage rates (Toronto Star)

    Three of Canada's major banks are raising residential mortgage rates. The Bank of Montreal (TSX: BMO ) and Royal Bank (TSX: RY ) said Wednesday their posted rates will rise as much as a quarter point beginning on Thursday.
    2007-10-10 12:20:31

  • Private Commodity Transactions and Internet Fraud: Gold, Silver, and ...

    NAMC Newswire - ... commodity trading world and we’ll just call them “Internet Brokers”, these Internet Brokers come from either a mortgage ... what they are paying for, but as I said the Internet has produced a breeding ground for individuals and groups with fraud ...
    2007-10-10 10:35:00

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