Mortgage and Financial News From 2008-9-30 Page 13

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  • What's the best strategy as mortgage rates rise? - Globe and Mail

    The credit crunch has hit home with yet another move by the big banks to jack up the cost of mortgages. Mortgage brokers report that the big banks and other lenders have stopped offering variable-rate mortgages with a discount off the prime rate. It ...
    2008-09-30 09:17:00

  • Banks will keep RBA rate cut - News.com.au

    AUSTRALIAN families should not expect a cent from any official rates cut next week after the Federal Treasurer yesterday gave banks a blank cheque to ignore future interest rate reductions. With stock markets around the world in meltdown, the Reserve ...
    2008-09-30 11:54:00

  • Money Market Freeze Stirs Rate Cut Speculation - CNBC

    The cost of borrowing overnight dollars on global money markets soared on Tuesday despite central banks pumping billions into the banking system to prevent it seizing up further after U.S. lawmakers' rejection of a $700 billion financial rescue bill ...
    2008-09-30 10:07:00

  • Seenews: news report of 30.09.2008 (Girodivite)

    Updated news from Balkan Europe powered by www.seenews.com Tuesday 30 September 2008, by Emanuele G. - 0 letture Albania, Austria’s Verbund Sign 160 Mln Euro Concession Deal for Hydropower Plant Construction Sep 30, 2008, 13:44 CET | Story | SeeNews TIRANA (Albania), September 30 (SeeNews) - Austrian electricity producing and transporting company Verbund and Albania’s energy ministry on ...
    2008-09-30 11:05:46

  • Africa Oil Corporate Update (CCNMatthews via Yahoo! Finance)

    VANCOUVER, BRITISH COLUMBIA-- - Africa Oil Corp. reports that an insider of the Company has agreed to provide a loan to Africa Oil in the amount of Cdn $2 million. In addition, an arm's length third party has agreed to provide a loan to Africa Oil in the amount of Cdn $1 million.
    2008-09-30 11:08:04

  • What’s the effect on the Harbor? (The Daily World)

    Leaders at local community banks say their institutions are in better position to ride out the financial crisis than some of the large national banks in the news the past couple of weeks, but lots of their customers have questions and concerns.
    2008-09-30 11:15:45

  • Markets make muted recovery (Guardian Unlimited)

    After Black Monday, 2008 style, came Turnaround Tuesday. Although in truth, compared to Monday's 777.7 point fall on Wall Street and 269.7 decline in London, it was not much of a recovery
    2008-09-30 11:19:31

  • Financial professionals: Bailout rejection surprising (Crain's Detroit Business)

    Two metro Detroit financial professionals called the rejection by the U.S. House of Representatives of the compromise plan for a Wall Street bailout “a surprise” and a “disappointment.”
    2008-09-30 11:29:18

  • Robert Kuttner: Pelosi's Price (HuffingtonPost)

    A very dubious Wall Street rescue package went down to defeat Monday because the Republican leadership double-crossed the Democrats. Neither party was thrilled with this...
    2008-09-30 11:42:43

  • Central Banks Scramble to Relieve Financial Market Strains (Fox News)

    Central banks and regulators scrambled on Tuesday to relieve the strain on financial markets frazzled by another hefty blow to confidence, this time from the rejection by U.S. lawmakers of a $700 billion rescue plan.
    2008-09-30 12:08:18

  • Financial crisis: How is it hitting you? (The Courier News)

    The financial news just keeps getting worse. We want to know how you’re being affected by this mess right here at home.
    2008-09-30 12:23:18

  • Site Presented By - Salon

    Two hours after trading began on the U.S. stock market on Tuesday, the Dow was up 250 points, on "hopes for a new plan," according to the Wall Street Journal. Why investors would suddenly turn optimistic after Monday's rout is a puzzler. President ...
    2008-09-30 08:19:00

  • Reuters Summit-Fitch very bearish on 2009 Europe auto mkt - Guardian Unlimited

    (For other news from the Reuters Autos Summit, click on http://www.reuters.com/summit/Autos08?pid=500) By Christiaan Hetzner PARIS, Sept 30 (Reuters) - The European auto market is facing a sharp downturn in the coming year and frozen credit markets ...
    2008-09-30 07:15:00

  • Enterprise Inns Rises; Tuppen Is `Happy' With Funding (Update1) - Bloomberg

    Sept. 30 (Bloomberg) -- Enterprise Inns Plc , Britain's second-biggest pub landlord, rose the most since May in London trading after Chief Executive Officer Ted Tuppen said he is ``entirely happy'' with its financing structure. Enterprise gained as ...
    2008-09-30 08:12:00

  • QUICK LINKS : - Wall Street Journal

    As investors digest the size of the multibillion-euro bank bailouts that have taken place across Europe in the past three days, some of the region's biggest banks still face the problem of how to refinance debt that's coming due in the short to ...
    2008-09-30 08:55:00

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