Mortgage and Financial News From 2008-3-19 Page 5
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Information firm cuts forecast for '08 U.S. sales (Autonet.ca)
DETROIT - A leading auto information firm on Tuesday said it had lowered its 2008 forecast for U.S. new vehicle sales by nearly five per cent to the lowest levels since 1994.
2008-03-19 06:01:59 -
Prospect of April rate cut rises (Reuters.co.uk)
LONDON (Reuters) - The chance of a interest rate cut next month rose sharply on Wednesday after news a top Bank of England official had turned dove in a turbulent market.
2008-03-19 06:02:05 -
FSA probes trading in bank shares (Reuters.co.uk)
LONDON (Reuters) - The Financial Services Authority is investigating trading in UK financial stocks after rumours of banking trouble battered shares and led mortgage bank HBOS on Wednesday to a record low.
2008-03-19 06:02:13 -
Aurizon Reports 2007 Financial Results (CCNMatthews via Yahoo! Finance)
VANCOUVER, BRITISH COLUMBIA-- - Aurizon Mines Ltd. is pleased to announce its unaudited financial results for the year ended December 31, 2007.
2008-03-19 06:02:19 -
More News (Gazette.Net)
Since his University of Maryland career ended late last December with a 21-14 loss to Oregon State at the Emerald Bowl in San Francisco, Haynos, a Rockville native, who played his high school ball at Gonzaga College High (D.C.), has participated in the pre-combine preparation camp run by former New England Patriots and New Orleans Saints strength and conditioning assistant Tom Shaw, attended the ...
2008-03-19 06:05:42 -
Oil prices fall below US$109 a barrel after steep rise overnight (MSN Money Canada)
VIENNA, Austria - Oil prices dropped more than US$1 a barrel Wednesday after jumping higher in the previous session on the expectation that another cut in U.S. Federal Reserve interest rates would further weaken a battered dollar.
2008-03-19 06:06:53 -
Mortgage Applications Decrease Slightly According To Recent Survey (Nasdaq)
(RTTNews) - The Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending March 14 showed that applications decreased slightly. The survey covers about half of US retail residential mortgage applications.
2008-03-19 06:07:05 -
Cano Petroleum Enters Agreement for $25 Million Subordinated Term Credit Facility and Provides Operational Update (Centre Daily Times)
Cano Petroleum, Inc (Amex: CFW) today announced that it has entered into a $25 million Subordinated Term Credit Facility with UnionBanCal Equities, Inc. (UBE). Cano will immediately draw $15 million which will be used to pay down funded debt under its Senior Secured Facility. After the payment, the Senior borrowing will be $34.5 million which is 58% of the $60 million borrowing base.
2008-03-19 06:07:54 -
Interest-Only Mortgages: Home Free Or Homeless? (Investopedia via Yahoo! Finance)
These loans can be beneficial, but for many borrowers, they present a financial trap.
2008-03-17 11:21:34 -
Economic turmoil shakes up campaign strategies (Los Angeles Times)
McCain, Clinton and Obama offer few specifics for handling the recent upheaval. The new focus on the issue may work to the Democrats' advantage. For months, the top presidential candidates have focused on showing a war-weary public that they have what it takes to be the next commander in chief. But on Monday, as the Iraq war entered its sixth year, they faced a test with far more relevance to ...
2008-03-18 12:13:26 -
Report: 1 In 8 Baby Boomers Likely To Develop Alzheimer's (NBC 4 Los Angeles)
One of eight baby boomers will likely develop Alzheimer's disease in the United States, affecting an estimated 10 million people, the Alzheimer's Association reported Tuesday.
2008-03-18 10:52:00 -
Fed announcement: March 18, 2008 (Bankrate.com)
funds rate. What does this mean for your finances? As credit markets seize up and lenders write down millions in bad loans, a new financial landscape is emerging.
2008-03-18 11:43:38 -
Questions And Answers – Tuesday 18 March 2008 (Scoop.co.nz)
1. JOHN KEY (Leader of the Opposition) to the Prime Minister: Does she stand by her statement yesterday, in relation to the economic downturn: “Basically the New Zealand economy has held up pretty well”; if so, why?
2008-03-18 02:02:10 -
How can you cash in on interst rate drop? (Florence Morning News)
The Federal Reserve dropped interest rates again. What does that mean to you?
2008-03-18 05:24:16 -
Questions And Answers – Wednesday, 19 March 2008 (Scoop.co.nz)
1. CHARLES CHAUVEL (Labour) to the Minister of Finance: What new economic initiatives come into force on 1 April this year, and what has been the reaction to them?
2008-03-18 10:01:58