Mortgage and Financial News From 2008-2-4 Page 15

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  • Mortgage pain set to worsen - Ninemsn

    Mortgage pain set to worsenNinemsn, Australia - 10 minutes agoMany home owners struggling with their mortgage will feel the immediate effects of a rate increase. "The RBA won't be too worried that mortgage ...
    2008-02-04 07:49:23

  • Faces of foreclosure - ABC7Chicago.com

    Faces of foreclosureABC7Chicago.com,  USA - 9 minutes agoThe scheduled auction of her home set for this Thursday has been put off. Her lender is trying to re-work her mortgage. Berisford's home is set to be ...
    2008-02-04 07:51:09

  • Will Abu Dhabi property sales overtake Dubai this year? - AME Info

    Will Abu Dhabi property sales overtake Dubai this year?AME Info, United Arab Emirates - 8 minutes agoIt is a shame that local Emirates' mortgage providers have not responded like their counterparts in Hong Kong with a 100 basis point cut in home lending ...
    2008-02-04 07:51:24

  • Up to 300000 could lose homes: ACTU - The West Australian

    Up to 300000 could lose homes: ACTUThe West Australian, Australia - 8 minutes agoUp to 750000 Australians could be placed under “mortgage stress” by today’s rate rise and another 300000 face the grim prospect of losing their homes, ...
    2008-02-04 07:51:34

  • Economy Fitful, Americans Start to Pay as They Go (NYTimes.com via Yahoo! Finance)

    Some analysts see consumers’ shift toward thrift as a cultural inflection point, one with huge implications for an economy driven largely by consumer spending.
    2008-02-04 07:41:01

  • Credit crunch changes everyday life in U.S. (International Herald Tribune)

    The freewheeling days of credit and risk may have run their course in the United States - at least for a while and perhaps much longer - as a period of involuntary thrift unfolds in many households.
    2008-02-04 07:42:23

  • 12 Arrested In Alleged Stolen Property Scam (KMBC-TV Kansas City)

    The FBI said 12 people were arrested Monday in connection with a multimillion-dollar property scam in the Northland.
    2008-02-04 07:45:36

  • Rates to highest level since 1996 (The West Australian)

    The Reserve Bank has lifted official interest rates to their highest level since 1996, adding $50 a month to the average Perth mortgage and hitting consumers with their credit cards.
    2008-02-04 07:48:07

  • London Luxury-Home Prices Rise at Fastest Pace in Four Months (Bloomberg.com)

    Feb. 5 (Bloomberg) -- Luxury-home prices in London rose at the fastest rate in four months as international buyers and a growing number of Britons paid more than 10 million pounds ($19.8 million) for properties, Knight Frank LLC said.
    2008-02-04 07:49:42

  • Rates rise to 7 per cent (Adelaide Now)

    THE Reserve Bank of Australia's decision to hike rates to 7 per cent today will slap homebuyers with an extra $50 per month in average mortgage repayments.
    2008-02-04 07:50:52

  • RBA lifts interest rates again (Australian Broadcasting Corporation)

    The Reserve Bank of Australia (RBA) has raised its official cash rate 0.25 per cent to 7 per cent, in a move which will increase the pressure on working families across Australia.
    2008-02-04 07:54:04

  • DBS sees peso surging further this year

    Manila Times - DEVELOPMENT Bank of Singapore (DBS) Group Research projects the peso would surge further until the end of the year and the Bangko Sentral ng Pilipinas would maintain its current benchmark interest rates. DBS in its latest market research said the ...
    2008-02-04 07:52:00

  • G7 to hold talks on exchange rates

    Daily Times - There will be “an interesting round table on exchange rates that will be of special interest for the euro,” Christophe Lecourtier, an ... the United States would also discuss the international financial situation and a “response” to current ...
    2008-02-04 03:02:00

  • Time to invest?

    East African Standard - According to Mworia, the recent real estate boom has been a result of impressive GDP growth rate, higher employment, more investment money and stable interest rates. But with current violence, there is lack respect for property rights going by the ...
    2008-02-04 03:52:00

  • AMDL Receives a Significant Updated Appraisal of Its JJB China ...

    Forbes - ... by the accounting firm of Jiangxi Zhong Cheng Accounting Co., Ltd., is anticipated to provide JJB with the ability to significantly expand its current credit facilities, including gaining larger credit facilities under more favorable interest rates." ...
    2008-02-04 06:19:00

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