Mortgage and Financial News From 2008-7-21 Page 10
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Hungary cbank leaves rates unchanged at 8.5pct - Forbes
BUDAPEST, July 21 (Reuters) - Hungary's central bank left interest rates unchanged at 8.50 percent at its rate setting meeting on Monday, in line with analyst expectations in a Reuters poll . This is the second successive month at which rates have ...
2008-07-21 06:16:00 -
Slash interest rates now or risk deepening recession, Bank of England ... - Guardian Unlimited
David Blanchflower, member of Bank of England's monetary policy committee Photograph: Public domain The British economy is falling into a recession that could be deep and painful if interest rates are not cut sharply right now, says Professor David ...
2008-07-21 03:03:00 -
Halos need a boost for World Series run (Fox Sports)
With a sweep of the Red Sox, the Angels are primed for another playoff run. But Ken Rosenthal says a move still needs to be made.
2008-07-21 07:44:41 -
BOND REPORT: Treasurys Edge Down After Bank Of America Results (Nasdaq)
Treasurys declined early Monday, pushing yields higher for a third day, after Bank of America reported better-than-expected earnings, easing the perceived risks in the financial system.
2008-07-21 07:47:57 -
Cut interest rates NOW to avoid long recession, says MPC member as report warns of 'economic horror movie' (Evening Standard)
Interest rates must be cut immediately if Britain is to avoid a prolonged recession, a member of the Bank of England's monetary policy committee has warned.
2008-07-21 07:49:34 -
Here's a plan to replace payday lending (Concord Monitor)
Re "State has forced me out of business" (Monitor letter, July 12):
2008-07-21 07:50:35 -
'08-'09 school year marks start of VWSD bonus week (The Vicksburg Post)
The upcoming school year will ring in a new way of doing things at the Vicksburg Warren School District. A bonus week will be part of the 2008-2009 schedule.
2008-07-21 07:54:55 -
Liberalism and lead (Lodi News-Sentinel)
Is liberalism caused by heavy metals? Dr. Heinz Dummkopf, of the Institute for Political Disorders, seems to think so. He has done extensive research into the effects of lead and other toxic metals on human belief systems. The results are quite revealing.
2008-07-21 07:56:38 -
Meet the candidates in 196th (The York Dispatch)
The York Dispatch posed five questions to Republicans seeking Bev Mackereth's ballot position in the 196th House District.
2008-07-21 07:59:25 -
Valid lease provides renters protection - Chicago Tribune
Q : I have seen a lot of condos for rent lately, and I was thinking of renting one. A co-worker told me to avoid them because I will be evicted if the owner defaults. Is this true? If so, what is the safest way to approach such deals? A : With a ...
2008-07-21 02:34:00 -
Should you buy or should you hold off? - Chicago Tribune
WASHINGTON - With humble apologies to William Shakespeare , the question in today's housing market is "To buy or not to buy?" There are several compelling reasons for anyone who needs a house or wants to upgrade his family's living arrangements to ...
2008-07-21 01:44:00 -
In short, crisis reaches bedrock level - Asia Times
The benchmark yields on Fannie Mae mortgage-backed securities last week jumped 31 basis points (bps) to an 11-month high 6.15%. Spreads versus treasuries widened 18 bps to the widest level (206bps) since the height of the crisis in March. Also last ...
2008-07-21 03:24:00 -
Financing Disaster: How Much Insurance Is Enough? - Forbes
ONTARIO, Calif., July 21 /PRNewswire/ -- These days, you can insure everything from your pet to your daughter's honeymoon. When it comes to daily living, there is so much to insure and the policies are difficult to understand. (Photo: http://www ...
2008-07-21 02:27:00 -
National Bank Financial Group Adjusts the Maximum Amortization of its Mortgage Loans (CCNMatthews via Yahoo! Finance)
MONTREAL, QUEBEC-- - National Bank Financial Group has announced that it is reducing the maximum amortization on new mortgage loans to 35 years effective immediately.
2008-07-21 06:01:34 -
Bank of America profit falls 41 percent (Bradenton Herald)
By HERALD WIRE REPORT
2008-07-21 06:08:10