Mortgage and Financial News From 2008-1-4 Page 18

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  • Get in the savings habit - Times Online

    Get in the savings habitTimes Online, UK - 1 hour agoAlliance & Leicester holds top spot with a 12 per cent return over a year on its Premier Regular Saver – the best rate on any cash account. ...
    2008-01-04 04:38:19

  • When Boom Turns to Bust - Forex Hound

    When Boom Turns to BustForex Hound, NY - 1 hour agoNational City's own mortgage unit also expanded its loans to investors to buy real estate in Florida. Such loans are now souring at escalating rates. ...
    2008-01-04 04:38:47

  • Fears of big cutbacks for estate agents as - Times Online

    Fears of big cutbacks for estate agents asTimes Online, UK - 1 hour ago“It is the places where the cost of entry, such as renting an office, is the lowest that are in trouble – perhaps cities like Leicester, Milton Keynes,” he ...
    2008-01-04 04:38:56

  • Jeremy Warner's Outlook: Too late, Darling acts over Rock debacle - Independent

    Jeremy Warner's Outlook: Too late, Darling acts over Rock debacleIndependent, UK - 1 hour agoDo we really want to return to mortgage queues and credit rationing? I don't think so. It is easy to see why some politicians believe that the price banks ...
    2008-01-04 04:43:11

  • US recession may hit commercial property-investors - Guardian Unlimited

    US recession may hit commercial property-investorsGuardian Unlimited, UK - 1 hour agoID:nN04294153 That sent the MSCI US REIT Index, a yardstick used to measure real estate investment trust share performance, to 803.04, its lowest level ...
    2008-01-04 04:45:24

  • Intel Dumped On Downgrade - Forbes

    Intel Dumped On DowngradeForbes, NY - 32 minutes ago"We are concerned the slowdown in order rates and high inventory in the channel could result in downside to estimates in the first half of 2008," analyst ...
    2008-01-04 05:26:06

  • Recession fears whack stocks - Los Angeles Times

    Recession fears whack stocksLos Angeles Times, CA - 28 minutes agoCisco fell 63 cents to a seven-month low of $26.12 today; HP tumbled $2.78 to $46.87, its lowest since August. Market bulls also point to the likelihood ...
    2008-01-04 05:30:27

  • Euro: Headed for 1.50? Revisited (AME Info)

    - Could the Federal Reserve Cut by Another 100bp in 2008? - Euro: Headed for 1.50? Revisited - What Kind of Impact Will the BoE Rate Decision Have on the British Pound?
    2008-01-04 03:23:19

  • Economy - Friday (Investor's Business Daily via Yahoo! Finance)

    U.S. inflationary pressures easing
    2008-01-04 03:31:05

  • Mortgage lending is at its lowest since 2005 (Daily Mail)

    The number of new mortgages approved by lenders has fallen to a three-year low. Just 83,000 loans were cleared in November, signalling a 'sharp reverse' in the housing market
    2008-01-04 03:45:59

  • Treasurys rally on weak jobs growth (Lexington Herald-Leader)

    Treasury prices rallied sharply Friday after news that employers created far fewer jobs than expected in December stoked recession worries. The advance pushed the 10-year benchmark yield to a six-week low. The Labor Department reported that just 18,000 new jobs were generated in December, far below the 70,000 projected by analysts surveyed by Thomson/IFR Markets. The unemployment rate jumped up ...
    2008-01-04 03:46:53

  • Stocks tumble as US jobless data prompt recession fears (The Herald)

    Major world stock markets swooned yesterday as the spectre of US recession was raised again by news that unemployment in the world's largest economy had jumped unexpectedly to 5% - its highest for two years - amid the weakest job creation since 2003.
    2008-01-04 04:12:06

  • Mortgage approvals hit lowest level for nearly three years (The Herald)

    Yet another concrete sign of UK housing market weakness came yesterday when the Bank of England reported that fresh mortgage approvals for house purchase had slumped to the lowest for nearly three years, while a separate survey signalled subdued service sector growth.
    2008-01-04 04:12:26

  • Weak Job Growth Numbers Prompt Stock Selloff (NYTimes.com via Yahoo! Finance)

    Job growth shrank significantly in December, the government reported on Friday, setting off renewed fears of a recession.
    2008-01-04 05:39:51

  • Figures signal end to house price boom (Daily Telegraph)

    The strongest evidence yet has emerged that the 12-year-long house price boom has ended, as figures showed mortgage lending at a three-year low, and a fall in house prices.
    2008-01-04 05:45:29

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