Mortgage and Financial News From 2007-9-12 Page 14

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  • Dollar at record low vs euro on Fed rate cut expectations

    Reuters - LONDON (Reuters) - The dollar plunged to a record low against the euro on Wednesday as expectations that the Federal Reserve will cut interest rates next week have diminished its attractiveness to global investors. The dollar also dropped to a fresh ...
    2007-09-12 06:58:00

  • Dollar hits new all-time lows against euro on talk of rate cuts

    CNBC - BERLIN - The dollar fell to a new all-time low Wednesday in late European trading amid speculation that the Federal Reserve will soon cut interest rates and on a warning from the U.S. treasury secretary that turbulence in financial markets may linger ...
    2007-09-12 08:45:00

  • Mortgage costs rise despite stable base rate

    Guardian Unlimited - Borrowers were bracing themselves for higher mortgage costs today, despite the receding threat of a further interest rate rise. The UK's second biggest lender, Abbey , has repriced its tracker mortgages, so new customers signing up for a loan will ...
    2007-09-12 09:35:00

  • Dollar Falls to Record Low Versus Euro on Rate Differential

    Bloomberg - Sept. 12 (Bloomberg) -- The dollar fell to a record low against the euro as investors increased bets the Federal Reserve will reduce its target interest rate, narrowing the yield advantage between the U.S. and Europe. The currency declined for a ...
    2007-09-12 09:14:00

  • New Capital One Rewards Money Market Account Offers Competitive ...

    Forbes - Capital One is introducing the first-ever money market account to offer consumer rewards miles every month based on a savings balance. The new "Capital One Rewards Money Market" account has a competitive interest rate currently at 4.65 percent Annual ...
    2007-09-12 06:29:00

  • Bank of England's King stalls interest rate change

    Times Online - Mervyn King, the Governor of the Bank of England, has given a clear signal that an interest rate rise is off the table as long as the financial crisis continues. In his first statement since the turmoil in financial markets began, Mr King said today ...
    2007-09-12 09:21:00

  • U.K. Pound Falls Against Euro, Yen on Interest-Rate Speculation

    Bloomberg - Sept. 12 (Bloomberg) -- The pound fell to a three-week low against the euro and dropped against the yen on speculation U.K. interest rates have peaked as a lending drought hurts economic growth. Bank of England Governor Mervyn King said today he won ...
    2007-09-12 08:45:00

  • Paulson says subprime resolution will 'take longer' due to interest ...

    Forbes - AFX News Limited Paulson says subprime resolution will 'take longer' due to interest rate resets 09.12.07, 12:01 PM ET WASHINGTON (Thomson Financial) - Though there has been 'some improvement' in parts of the financial markets, Treasury ...
    2007-09-12 09:00:00

  • Dollar Falls to Record Low Versus Euro on Rate Differential (Bloomberg.com)

    Sept. 12 (Bloomberg) -- The dollar fell to a record low against the euro as investors increased bets the Federal Reserve will reduce its target interest rate, narrowing the yield advantage between the U.S. and Europe.
    2007-09-12 09:36:24

  • (AFX UK Focus) 2007-09-12 05:13 GMT: China A-shares end morning lower on interest rate hike fears (Interactive Investor)

    SHANGHAI (XFN-ASIA) - China A-shares finished the morning session lower, extending their fall after losing 4 pct yesterday, as concern over possible interest rate hikes this year following higher inflation figures for August curbed investor interest.
    2007-09-11 09:43:55

  • (AFX UK Focus) 2007-09-12 05:29 GMT: China A-shares end morning lower on interest rate hike fears - UPDATE (Interactive Investor)

    SHANGHAI (XFN-ASIA) - China A-shares finished the morning session lower, extending the decline following a more than 4 pct fall yesterday, amid concern over possible interest rate hikes this year following a strong August inflation reading.
    2007-09-11 09:57:41

  • Deluge of US mortgage interest rate resets ahead (Straits Times)

    NEW YORK - MANY US less creditworthy borrowers may lose their homes when interest rates on a flood of adjustable-rate subprime mortgages reset next month.
    2007-09-11 05:56:54

  • New Capital One Rewards Money Market Account Offers Competitive Interest Rate and Rewards (FinanzNachrichten)

    Capital One is introducing the first-ever money market account to offer consumer rewards miles every month based on a savings balance. The new “ Capital One Rewards Money Market “ account has a competitive interest rate currently at 4.65 percent Annual Percentage Yield (APY), and customers earn one mile for every $20 of average balance per month, including interest.
    2007-09-12 06:43:25

  • Bank of England's King stalls interest rate change (Times Online)

    Mervyn King, the Governor of the Bank of England, has given a clear signal that an interest rate rise is off the table as long as the financial crisis continues.
    2007-09-12 05:13:38

  • KC Concepcion wants to visit her "Papa" Gabby more often (PEP)

    Now that she's done with her Paris education, KC Concepcion wants to visit her father, former matinee idol Gabby Concepcion, in the United States more often than before.
    2007-09-12 05:00:17

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