Mortgage and Financial News From 2008-1-10 Page 35

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• Captial One Gets Carded - Forbes

  Captial One Gets CardedForbes, NY - 1 hour ago(See “Goldman: Recession Possibly Here”) Federal Reserve Chairman Ben Bernanke should give a clue about interest rates in the US during a speech on monetary ...
  2008-01-10 11:24:47

• Bernanke Says More Interest-Rate Cuts May Be Needed (Update3) - Bloomberg

  Bernanke Says More Interest-Rate Cuts May Be Needed (Update3)Bloomberg - 1 hour ago``The demand for housing seems to have weakened further, in part reflecting ongoing problems in mortgage markets,'' Bernanke said. ...
  2008-01-10 11:37:59

• Credit-Rating Clout - Forbes

  Credit-Rating CloutForbes, NY - 33 minutes agoThe table below shows how individuals with varying credit scores will pay dramatically different interest rates on similar mortgage amounts--the difference ...
  2008-01-10 12:05:39

• Real Estate Viewpoints: Real Estate vs. the Media, Part II - RisMedia.com (press release)

  Real Estate Viewpoints: Real Estate vs. the Media, Part IIRisMedia.com (press release), CT - 23 minutes agoThe highly questioned 6% commission, the subprime mortgage meltdown, and the constant increasing foreclosure rates all qualify for topics that the media ...
  2008-01-10 12:16:03

• Kev's not chillin', he's preparing - NEWS.com.au

  Kev's not chillin', he's preparingNEWS.com.au, Australia - 21 minutes agoToday homeowners with a Commonwealth Bank variable home loan will suffer as their home loan rate rises by 0.10 per cent, to 8.67 per cent. ...
  2008-01-10 12:18:02

• Asia Day Ahead: US Stocks Rise; Free Sex at Prague Brothel - Bloomberg

  Asia Day Ahead: US Stocks Rise; Free Sex at Prague BrothelBloomberg - 15 minutes agoChief Executive Officer Stephen Schwarzman is expanding the New York-based company's debt business after the collapse of the US subprime-mortgage market ...
  2008-01-10 12:23:24

• Why this malaise has just begun - Business Spectator

  Why this malaise has just begunBusiness Spectator, Australia - 12 minutes agoThe US federal government's rate reset freeze plan and its impact is also still unclear. As America’s mortgage markets began unravelling, ...
  2008-01-10 12:26:41

• Lower 30-Year Fixed Loan Rates Increase The Number Of Refinances - AHN

  Lower 30-Year Fixed Loan Rates Increase The Number Of RefinancesAHN - 10 minutes agoThis week the recorded rates on 30-year mortgages were the lowest since September 2005. Mortgage rates also moved down following the report on unemployment ...
  2008-01-10 12:28:38

• Bernanke says 'substantive' rate cuts may be needed - AFP

  Bernanke says 'substantive' rate cuts may be neededAFP - 8 minutes agoThe Fed has trimmed borrowing costs by a full percentage point since September as concerns about the mortgage and credit markets have spiked. ...
  2008-01-10 12:30:36

• Bernanke says more rate cuts coming - MarketWatch

  Bernanke says more rate cuts comingMarketWatch - 5 minutes agoThe demand for housing seems to have weakened again due to trouble in the mortgage markets. Financial market conditions continue to pose a downside risk. ...
  2008-01-10 12:33:24

• DJ US Stocks Up; Report BofA In Talks To Buy Countrywide - Onet.pl

  DJ US Stocks Up; Report BofA In Talks To Buy CountrywideOnet.pl, Poland - 5 minutes agoStocks have zig-zagged erratically since comments from Federal Reserve Chairman Ben Bernanke earlier in the day signaled a willingness to cut interest rates ...
  2008-01-10 12:33:54

• Homeowners facing foreclosure get help in Oakland - Alameda Times-Star

  Homeowners facing foreclosure get help in OaklandAlameda Times-Star, CA - 3 minutes agoThe Consumer Home Mortgage Town Hall and Resource Fair will be held at 10 am Saturday on the third floor of Oakland's City Hall in Frank Ogawa Plaza. ...
  2008-01-10 12:36:15

• Bernanke Ready To Cut Interest Rates Again (WMTW Auburn)

  Federal Reserve Chairman Ben Bernanke vows to cut interest rates again to stave off a recession.
  2008-01-10 12:16:31

• Fed Is Ready to Cut Interest Rates Again (Bay News 9 Tampa Bay)

  By JEANNINE AVERSA WASHINGTON (AP) -- Federal Reserve Chairman Ben Bernanke pledged Thursday to slash interest rates yet again to prevent housing and credit problems from plunging the country into a recession.
  2008-01-10 12:16:42

• Bernanke signals bold rate action to lift US growth (Reuters via Yahoo! UK & Ireland News)

  Federal Reserve Chairman Ben Bernanke on Thursday said the U.S. central bank was ready to act aggressively to counter a deep housing slump and credit market strains that were putting economic growth at risk.
  2008-01-10 12:17:00

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