Mortgage and Financial News From 2008-1-30 Page 25

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  • Economic Aid Plans At-A-Glance (Seattle Times)

    Key elements of rival House and Senate economic stimulus bills:
    2008-01-30 05:07:00

  • Number seeking mortgage help soars (Press Assoc. via Yahoo! UK & Ireland News)

    The number of people contacting housing charity Shelter for help with mortgage problems has soared eightfold in the past year, the group said.
    2008-01-30 05:16:48

  • Stocks Drops After Fed Interest Rate Cut (CBS 3 Philadelphia)

    Wall Street gave up most of the gains it made Wednesday after the Federal Reserve, confirming that there is increasing stress on the economy, cut interest rates half a percentage point and indicated that more rate reductions are possible.
    2008-01-30 05:18:39

  • Immigrants hit hard by slowdown, subprime crisis (China Daily)

    WASHINGTON -- As an economic slowdown and the subprime mortgage crisis deepen across the United States, Hispanic immigrants are increasingly in danger of losing their jobs and their homes.
    2008-01-30 05:20:22

  • Mortgage applications near 4-year high: MBA

    MSN MoneyCentral - Fixed 30-year mortgage rates rose 0.11 percentage point last week to 5.6 percent, the MBA said. The previous week's rate was the lowest since late June 2005. The Fed is expected to lower its overnight federal funds target again on Wednesday as ...
    2008-01-30 04:16:00

  • Two-Year Note Gains as Yield Curve Hits 4-Year High

    CNBC - ... losses and briefly turned positive after the Federal Reserve cut interest rates by ... unveiled $4 billion in new write-downs tied to the U.S. subprime mortgage meltdown ... Tuesday by ABC News and the Washington Post dropped four points to -27, its lowest ...
    2008-01-30 12:23:00

  • Tokyo shares outlook - Lower on Wall Street's fall after rate cut

    Forbes - ... downturn on Wall Street overnight after the Federal Reserve cut interest rates by ... The Fed's moves left the fed funds rate at 3 percent, its lowest level since the ... At the group level, losses on securities tied to US subprime mortgage loans could ...
    2008-01-30 02:32:00

  • Dollar May Extend Drop Versus Euro, Yen After Fed Rate Cut

    Bloomberg - The collapse of the U.S. subprime mortgage market has led to more than $130 billion of ... The dollar fell to $1.4967 on Nov. 23, the lowest since the European currency debuted in 1999, as falling U.S. interest rates made dollar-denominated assets less ...
    2008-01-30 03:01:00

  • U.S. mortgage applications near 4-year high - MBA

    Reuters - But the index measuring applications for home purchases declined 17.7 percent to 362.0, the MBA said. Fixed 30-year mortgage rates rose 0.11 percentage point last week to 5.6 percent, the MBA said. The previous week's rate was the lowest since late ...
    2008-01-30 07:08:00

  • Fed Slashes Rates Again

    Street.Com - Wednesday's move brings the central bank's fed funds rate target to 3%, the lowest ... and tens of billions of dollars in losses at Wall Street banks from mortgage-related ... in order to minimize the risks to price stability posed by low interest rates
    2008-01-30 12:02:00

  • Fall in new mortgages adds to the pressure for cut in rates

    Times Online - ... of mortgages approved last month for new homebuyers fell to its lowest level for at least eight years, fuelling speculation that interest rates ... This is the lowest level since the Bank's mortgage data began in its current form in 1999, and the ...
    2008-01-30 01:13:00

  • US interest rates now 3%

    News.com.au - The Fed's action takes the bellwether federal funds rate target to 3 per cent, the lowest since June 2005, and comes eight days after it slashed rates by ... While conditions have improved, aftershocks from the subprime mortgage crisis have continued ...
    2008-01-30 01:42:00

  • Federal Reserve slashes US interest rates

    MSN UK News - Rates have been slashed by half a percentage point to 3 per cent - the lowest since June 2005 - as part of an effort to halt a sharp slowdown in the economy. ... While conditions have improved, aftershocks from the subprime mortgage crisis have ...
    2008-01-30 02:46:00

  • Mortgage rates could rise, not fall, after Fed move

    Marketwatch - Last week, the average rate for a 30-year fixed mortgage was 5.48%, one of the lowest rates since 2004, according to Freddie Mac's survey.
    2008-01-30 03:01:00

  • UPDATE 4-Fed slashes U.S. rates to blunt economic slowdown

    Forbes - UPDATE 4-Fed slashes U.S. rates to blunt economic slowdown 01.30.08, 6:14 PM ET ... The Fed's action takes the bellwether federal funds rate to 3 percent, the lowest ... While conditions have improved, aftershocks from the subprime mortgage crisis have ...
    2008-01-30 03:22:00

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