Mortgage and Financial News From 2008-7-4 Page 5
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Europe shares fall as Goldman note weighs on banks - Reuters
LONDON, July 4 (Reuters) - European shares fell early on Friday, as relief over interest rates quickly evaporated and bearish brokerage comment weighed on banks, though UBS (UBSN.VX: Quote , Profile , Research , Stock Buzz ) gained after saying it ...
2008-07-04 05:32:00 -
European Central Bank raises benchmark interest rate - Los Angeles Times
The warnings from politicians and the unions were dire: Raise interest rates and it will hurt the economy and jobs. European Central Bank President Jean-Claude Trichet paid them no heed Thursday as the bank raised its benchmark rate a quarter of a ...
2008-07-04 11:23:00 -
TEXT-Swedish c.bank statement on interest rates - Forbes
STOCKHOLM, July 3 (Reuters) - Sweden's central bank, the Riksbank, issued the following statement on Wednesday after raising interest rates by a quarter point to 4.5 percent. REPO RATE RAISED 0.25 PERCENTAGE POINTS TO 4.5 PERCENT The Executive Board ...
2008-07-03 01:44:00 -
Reuters Canada Business Summary (The Globe and Mail)
TORONTO (Reuters) - Announcing what it said were "essential milestones" allowing the world's largest leveraged buyout to go ahead, BCE Inc said on Friday that its buyers had finalized funding and were sticking to their C$34.8-billion ($34.1 billion) purchase price.
2008-07-04 02:20:35 -
Better Think Twice (WallStreet Journal via Yahoo! Finance)
When you fall on financial hard times, the urge to turn to retirement assets as a source of cash is strong. Here are some critical nest-egg mistakes to avoid as the economy weakens.
2008-07-04 02:21:00 -
Unrewarding Travel Rewards Programs (Investopedia via Yahoo! Finance)
These nearly universal loyalty programs can have handy perks, but theyre not a free ride.
2008-07-04 02:23:51 -
Kittitas Valley Community Hospital exercising quality control (Daily Record)
Dr. Timothy O'Brien performs an appendectomy in the KVCH operating room. A grass-roots movement lead by surgeons is evaluating three types of operations, including appendectomies. It is just one of several quality control measures the hospital is participating in.
2008-07-04 02:25:11 -
Inflation 11.4% in June, highest in 14 years (Philippine Daily Inquirer)
MANILA, Philippines—The prices of services and goods consumed by an average Filipino household went up by 11.4 percent in June from a year earlier—the fastest rate recorded in 14 years—due largely to the substantial increase in the cost of rice and other food products, the National Statistics Office reported Friday.
2008-07-04 02:28:44 -
Stocks post gains, but peso hits 10-month low (Philippine Daily Inquirer)
MANILA, Philippines—The stock market Friday shrugged off concerns brought on by a galloping inflation and looming hike in interest rates, posting gains of 1.25 percent at the end of the trading day.
2008-07-04 02:28:56 -
Central bank says economy will normalize in early ’09 (Philippine Daily Inquirer)
MANILA, Philippines—The central bank, Bangko Sentral ng Pilipinas (BSP), said Friday the Philippines, currently hounded by slackening economic growth and rising inflation, would spring back to a “normal” business cycle early next year.
2008-07-04 02:29:04 -
Consumers can still find the money for a weekly kick-about, Glasgow-based Goals Soccer Centres revealed yesterday in a ... (The Herald)
The European Central Bank, ignoring pleas from leading politicians not to raise the cost of borrowing, bumped up its benchmark interest rate by a quarter of a percentage point to 4.25% in a move to curtail escalating inflation in the 15-nation eurozone.
2008-07-04 02:30:16 -
Do your homework on reverse mortgages (NZCity)
If you’re over 60 and own a house or other property, a reverse mortgage can seem an attractive option to help fund your retirement or pay for a major expense. But make sure you know the full costs and check out all your options before you sign on the dotted line.
2008-07-04 02:31:47 -
Radian Group: insurance segment can create profitability and long-term ... - CNBC
SAN FRANCISCO (Thomson Financial) - Radian Group Inc., a Philadelphia-based mortgage insurer and financial services firm, Thursday said it insures mostly prime loans that it believes will "generate profitability and long-term financial strength." The ...
2008-07-03 09:15:00 -
Title Insurance: Required with a Modification? - Philadelphia Daily News
When a loan is originated, it’s added to the local property records. This is very important because it tells the world that the lender has a claim against the property. Recordation is also important for another reason: If the property is foreclosed ...
2008-06-30 05:54:00 -
Radian says company sound despite stock instability - MSN MoneyCentral
In response to its sliding stock price, mortgage insurer Radian Group said Thursday that there are "several indications of the fundamental strength of its business." The market seemed to agree. Shares were trading up 45 percent Thursday afternoon at ...
2008-07-03 12:07:00