Mortgage and Financial News From 2008-5-26 Page 5
Previous Day: 2008-05-25
Return to the mortgage news archive home.
Page: 01 2 3 4 5 6 7 8 9 10 11 12
-
Abandoned Houses Are Keeping Contractors Busy (New York Times)
It can take months, even years, for some homes to wind through the foreclosure process, and decay sets in.
2008-05-26 02:40:21 -
Sterling slides against greenback (The Herald)
THE pound yielded ground to the dollar yesterday after a survey showed house prices fell for an eighth month in May and will probably drop further.
2008-05-26 02:48:02 -
Save yourself from Fed cuts - Detroit Free Press
You don't need a doctorate in mathematics to understand that the numbers aren't working in your favor these days. The Fed's aggressive easing of the federal funds rate has made a mess of your cash- and fixed-income strategies. The most aggressive ...
2008-05-26 01:06:00 -
Savers suffer as inflation tops interest rates - Daily Telegraph
Research undertaken for The Daily Telegraph shows that fewer than half of the 438 savings accounts on the market offer a net return of 3 per cent or more – the Government's preferred measure of inflation. Fewer than a third offer a net return of 3 ...
2008-05-26 01:49:00 -
Rates back in focus - News.com.au
Rising inflationary pressures driven by higher food and oil prices are being blamed for again unsettling investors. The spectre of another interest rate rise yesterday sent the stock markets into reverse and pushed the Australian dollar ever closer ...
2008-05-26 07:15:00 -
Ways to deal with Illinois' huge pension debt problem - Pantagraph
But there are myriad ways to deal with it and no easy choices. A look at the pros and cons of the most-talked about ideas: 1. PENSION BOND: Under this plan pushed by Gov. Rod Blagojevich, the state would borrow $16 billion in lower-interest debt and ...
2008-05-26 06:04:00 -
Economic growth forecast reduced for 2009 (The New Zealand Herald)
Real economic growth is forecast to be 1.9 per cent in the year to March 2009, down from 2.9 per cent in the previous year, according to the New Zealand Institute of Economic Research (NZIER).
2008-05-26 01:31:28 -
Toronto-Dominion Avoids Subprime as Banks' Costs Rise (Update2) (Bloomberg.com)
May 26 (Bloomberg) -- Toronto-Dominion Bank Chief Executive Officer Edmund Clark 's decision three years ago to dump subprime debt ``that didn't make common sense'' may pay dividends again this week.
2008-05-26 01:32:11 -
Canadian Dollar Falls for Third Day on Economic Growth Concern (Bloomberg.com)
May 26 (Bloomberg) -- Canada's dollar declined for a third straight day on concern that slowing economic growth in the U.S. and Canada will force the Bank of Canada to continue lowering borrowing costs.
2008-05-26 01:32:21 -
Central Bank Hikes Reserve Minimums (St. Petersburg Times)
MOSCOW — The Russian central bank, worried about galloping inflation and fast lending growth, said on Monday it will aggressively raise bank reserve requirements from July 1 in order to curb inflation.
2008-05-26 01:38:56 -
Oil price sparks fears of damage to global economy (The Herald)
The bull run in oil prices, which saw crude futures leap to record levels above $135 a barrel last Thursday, shows no sign of abating this week and is sparking fears among central bankers that it will inflict serious damage on the economies of the United States and other industrialised nations and increase the misery in the developing world.
2008-05-26 01:47:58 -
Brazil Stocks Gain, Led by Steelmakers, Petrobras; Bolsa Rises (Bloomberg.com)
May 26 (Bloomberg) -- Brazil's main stock index rose as steelmakers rallied on a report that sales in Brazil rose more than forecast and Petroleo Brasileiro SA gained after analysts said the company may announce more oil discoveries soon.
2008-05-26 01:51:35 -
You are focus of new website (yorkregion.com)
East Gwillimbury
2008-05-26 01:54:58 -
UK juddering down a rockier policy path than the US (Times Online)
It's natural in a crisis to blame the leader. With their fevered talk of decapitation, Labour politicians are only doing what all rational people do when disaster strikes - panic.
2008-05-26 01:55:52 -
Liquidity tightens as inflow of foreign funds slowing down (The Times of India)
The liquidity condition has worsened in the last one month as the foreign fund inflow has slowed down.
2008-05-26 02:02:49