Mortgage and Financial News From 2008-3-1 Page 16

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  • Oil closes above $102 a barrel; gas nears record

    USA Today - If current oil prices hold, American drivers should expect to pay record high prices for gasoline which could easily ... bad for oil demand, investors chose to see it as confirmation of their beliefs that the Fed will continue cutting interest rates ...
    2008-02-28 12:46:00

  • KB Home CEO says '08 will be 'difficult'

    CNBC - LOS ANGELES - KB Home Chief Executive Jeffrey Mezger says he expects low interest rates and falling home prices will soon lure ... Mezger says many current homeowners may not be able to buy step-up homes because the decline in home values has cut into ...
    2008-02-28 11:27:00

  • Terry McCrann

    News.com.au - An unprecedented boom in commodity prices combined with falling interest rates in the US. ... way, it is a self-reinforcing combination so powerful that the inflows not only cover our $50 billion a year current ...
    2008-02-28 05:58:00

  • Dallas homebuilders launch ad blitz to lure buyers

    Dallas Morning News - The advertisements will also promote strong local economy and current “very low interest rates." The National Association of Realtors has been running a similar nationwide advertising campaign telling consumers “it’s a great ...
    2008-02-28 10:37:00

  • Central Bank Keep Money Apart from Inflation

    Kommersant - ... the recent years, “yet, characteristics of money supply are still an important reference point to evaluate both current ... It also underlines the fact that “tools of interest rates policy are means of stabilization rather than that of restriction ...
    2008-03-01 06:24:00

  • State, preparing to borrow, faces cold market for munis

    Los Angeles Times - That leaves current investors istuck with them -- and triggers "penalty" interest rates for the bond issuers. Today, the California Department of Water Resources had to pay an annualized 5.44% on $47 million of auction-rate securities that reset every ...
    2008-02-28 04:57:00

  • Don’t miss out on your full Isa benefits

    Sunday Herald - With an estimated two million new cash Isas to be opened in the current tax year, savers could be losing out on a huge amount of tax-free interest. ... Most banks and building societies offer cash Isas and you can compare rates at ...
    2008-03-01 05:27:00

  • Visa preparing $19 billion IPO

    Baltimore Sun - ... which might keep them from pulling back credit lines further and pushing rates ... following its rival MasterCard in shifting from being a privately held interest to a ... value of more than $32 billion, which would be comparable to MasterCard's current ...
    2008-03-01 07:50:00

  • Home Ownership and the Single Woman (TheStreet.com)

    Female buyers are finding more ways to buy property early in their careers.
    2008-02-29 08:31:04

  • In Parts of U.S., Foreclosures Top Sales (NYTimes.com via Yahoo! Finance)

    Mortgage foreclosure notices are going out so fast that in some states the number of new foreclosure proceedings each month is greater than the number of homes sold that month.
    2008-03-01 09:39:17

  • Perth has 22 suburbs with $1m values

    News.com.au - Agents say rising interest rates are having little impact on prices in riverside suburbs. ... It's full of the latest property information including how your suburb rates, current market conditions, trends and expert ...
    2008-03-01 05:56:00

  • Stockton Considers Starting Utility District (KCRA 3 Sacramento)

    The Pacific Gas and Electric Co. says it's ready to do battle with the city of Stockton.
    2008-02-29 07:47:31

  • Mayor Releases $1.8 Billion Budget; No Tax Hikes (KITV Honolulu)

    There is no property tax hike included in Mayor Mufi Hannemann's budget, but the credit to homeowners drops to $100.
    2008-02-29 11:41:07

  • Bank of America may be the first bank to go insolvent with Countrywide's Baggage (India Daily)

    The bank of America now severely regrets the accumulation of Countrywide's Baggage. A federal watchdog has asked courts to penalize Countrywide for alleged abuses of the bankruptcy system.
    2008-03-01 09:42:48

  • Buffett has profitable year, faults housing excess

    MSN MoneyCentral - Some investors say the current environment of beaten-down stocks and sluggish capital markets offers the 77-year-old ... criticism for companies that assume their pension funds can return 8 percent a year, even in an era of low interest rates.
    2008-03-01 08:04:00

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