Mortgage and Financial News From 2007-10-12 Page 14

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  • Ann Shelton Named Chief Financial Officer of Principal Bank

    Forbes - The Principal Financial Group(R) announces Ann Shelton has been named chief financial officer of Principal Bank. In this role, Shelton is responsible for asset-liability and interest-rate risk management for the bank, as well as all types of ...
    2007-10-12 08:10:00

  • Weber Says ECB May Need `Restrictive' Interest Rates (Update3)

    Bloomberg - The ECB left its key interest rate at 4 percent last week and dropped a phrase used in previous months that its monetary policy ``is still on the accommodative side,'' suggesting the bank no longer considers interest rates are boosting economic growth
    2007-10-12 04:28:00

  • Bank of Canada injects C$404 mln to add liquidity

    Reuters - OTTAWA, Oct 12 (Reuters) - The Bank of Canada injected C$404 million ($416 million) into markets on Friday to lower the overnight interest rate toward the central bank's target and improve liquidity. The bank intervened regularly in August during a ...
    2007-10-12 09:14:00

  • China Shares Fall Amid Rate Worries

    MSN MoneyCentral - SHANGHAI , China (AP) - Chinese share prices edged lower Friday as mounting worries over a possible interest rate hike or other tightening measures broke a four-day winning streak. The benchmark Shanghai Composite Index slipped 0.2 percent to 5,903 ...
    2007-10-12 03:02:00

  • Call for interest rate cut after services suffer

    Guardian Unlimited - The dominant services sector slowed sharply in the third quarter of this year, the British Chambers of Commerce said yesterday as it called on the Bank of England to cut interest rates next month. Revealing its quarterly survey of nearly 5,000 ...
    2007-10-12 03:09:00

  • RBC sees Canada economy slowing, rate hike in '08

    Reuters - OTTAWA, Oct 12 (Reuters) - Canada's economic growth will slow more than previously thought in the fourth quarter but not enough to stop the Bank of Canada from resuming interest rate increases late next year, the Royal Bank of Canada forecast on ...
    2007-10-12 08:38:00

  • Hungary's rate setters back cut on mass as inflation dips, markets ...

    Forbes - BUDAPEST (Thomson Financial) - Hungary's rate setters voted overwhelmingly in favour of an interest rate cut last month as inflation stayed on target and markets stabilized after recent volatility, minutes from the September rate meeting showed today ...
    2007-10-12 07:20:00

  • Interest rate hike 'too much too soon' (Pretoria News)

    Thursday's interest rate hike means your home loan will cost you about 25 percent more on Friday than it did 18 months ago. The hike is too much too soon, commentators believe.
    2007-10-11 11:57:28

  • Interest rate hike 'too much too soon' (Independent Online)

    The interest rate hike is almost the final nail in the coffin for many people, Absa senior economist Ridle Markus says.
    2007-10-11 10:57:13

  • S. African Central Bank Raises Key Interest Rate By 50 Basis Points To 10.5% (Nasdaq)

    (RTTNews) - The South African central bank raised its key interest rate on Thursday. The Monetary Policy Committee of the South African Reserve Bank decided to hike the repurchase rate by 50 basis points to 10.5% per annum.
    2007-10-11 09:08:47

  • South Korean interest rate unchanged (Moldova.org)

    The Bank of Korea, seeking to maintain South Korea’s growth amid volatile financial markets, Thursday left the key interest rate unchanged at 5 percent. It was the second month in a row the central bank left the interest rate charged on overnight interbank loans at its six-year high with the country’s economic growth this year expected to be closer to 5 percent, or higher than the bank’s earlier ...
    2007-10-12 04:28:32

  • ICICI Bank cuts interest rate on special deposit schemes (The Economic Times)

    ICICI Bank has reduced the interest rate on its special deposit schemes by 0.50 per cent.
    2007-10-12 09:25:31

  • Stashing cash for a rainy day

    Contra Costa Times - At the top of the Web site, click on the link for "Compare Rates." Under "CDs & Savings," select the option for money market ... And in case you don't know, your emergency fund should include not just your rent or mortgage payment but also any ...
    2007-10-11 03:10:00

  • Amica Mature Lifestyles Announces First Quarter Results for Fiscal ...

    Market Wire - Interest expense decreased $0.2 million to $1.5 million, mainly due to lower mortgage principal balances and lower interest rates on new mortgages ... on estimates of useful lives of real estate assets, cash flow from operations can help to compare the ...
    2007-10-12 05:54:00

  • Local Mortgage

    Colleyville Courier - Compare up to four free mortgage quotes by completing an easy online form. Competitive rates from leading mortgage companies. No obligation. Available throughout America. http://www.freehomequotes.org/ Mortgage Marketing Newsletters Increase loan ...
    2007-10-12 01:58:00

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