Mortgage and Financial News From 2008-1-3 Page 35

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• How to avoid mortgage misery in 2008

  Daily Telegraph - The cost of mortgages has been rising for several months and there seems little respite ahead for borrowers, despite predictions of further interest rate cuts in the coming months - and it leaves millions of homeowners at risk. The Financial Services ...
  2008-01-03 12:41:00

• Gold, platinum hit record highs

  Reuters - LONDON (Reuters) - Gold and platinum soared to historic highs on Thursday as speculators and investors snapped them up on the back of strong oil prices and expectations for further U.S. interest rate cuts, analysts said. Gold's allure as a hedge ...
  2008-01-03 12:27:00

• Bank of Canada injects C$850 mln into market

  Reuters - OTTAWA, Jan 3 (Reuters) - The Bank of Canada injected C$850 million ($859 million) into markets on Thursday to lower the overnight interest rate toward the central bank's target and improve liquidity. The bank operates through Special Purchase and ...
  2008-01-03 12:19:00

• Jobs on a Solid Track in December

  BusinessWeek - For Federal Reserve policymakers, even strong job growth in December could still be seen as consistent with a quarter-point interest rate cut at the Jan. 30 FOMC meeting. A weak report could raise the risk of an emergency rate cut before then, or a ...
  2008-01-03 11:51:00

• Fed: More rate cuts possible

  Chicago Tribune - Such an adverse development could require substantial further easing" of rates, the minutes revealed. Problems in the housing, credit and financial markets drove the Fed to do an about-face on Dec. 11 and slice its key interest rate yet again in ...
  2008-01-03 12:34:00

• Flat tax easier and as lucrative, report argues - Canada.com

  Flat tax easier and as lucrative, report arguesCanada.com, Canada - 24 minutes ago... to a report by a right-wing think-tank aimed at resurrecting interest in a single-rate federal income tax system with few exemptions or deductions. ...
  2008-01-03 12:35:50

• Don't Head to the Gym Without This Gadget - TheStreet.com

  Don't Head to the Gym Without This GadgetTheStreet.com - 22 minutes agoBy Suzanne Barlyn Strapping on a heart-rate monitor can empower you with the motivation to stick to your fitness routine during 2008. ...
  2008-01-03 12:37:32

• SBA Disaster Loan Deadline is February 1 - FOX News

  SBA Disaster Loan Deadline is February 1FOX News - 22 minutes agoThese loans are available at a 4 percent interest rate with loan terms up to 30 years. The SBA determines eligibility for the program based on the size and ...
  2008-01-03 12:38:07

• Expert offers discounted tax assistance - Beloit Daily News

  Expert offers discounted tax assistanceBeloit Daily News, WI - 21 minutes agoThat rate is only available if the taxes are done at the Senior Center. Rohde stressed that the service is available for all ages, from 18 to 60. ...
  2008-01-03 12:38:32

• State Street Corporation Update Call Transcript - Seeking Alpha

  State Street Corporation Update Call TranscriptSeeking Alpha, NY - 21 minutes agoOur balance sheet strategies continue to pay off for us as our net interest income through nine months was up 47%, compared to the first nine months of 2006 ...
  2008-01-03 12:38:51

• Commodities Climb to Record for Second Straight Day (Update1) - Bloomberg

  Commodities Climb to Record for Second Straight Day (Update1)Bloomberg - 21 minutes agoInterest-rate futures indicate higher odds that the Federal Reserve will cut the target rate for overnight lending between banks by half a percentage-point ...
  2008-01-03 12:39:01

• Recession Watch, the Jobs Report and Fed Policy - Global Politician

  Recession Watch, the Jobs Report and Fed PolicyGlobal Politician, NY - 19 minutes agoFederal Reserve will aggressively cut interest rates to combat the US slowdown, but these efforts will prove insufficient to head off a painful economic ...
  2008-01-03 12:41:01

• Shelter board votes to use fund for cages - Madison Courier

  Shelter board votes to use fund for cagesMadison Courier, IN - 17 minutes agoOne of the dissenting votes for using the Andress Trust Fund was cast by Warren Auxier, who said he was in favor of using the interest earned from the fund ...
  2008-01-03 12:42:59

• Time to intensify efforts to halt environmental invaders - MiamiHerald.com

  Time to intensify efforts to halt environmental invadersMiamiHerald.com, FL - 17 minutes agoThere isn't enough money or public interest to solve many of the problems. But one thing we can do is to concentrate our efforts on ending the continued ...
  2008-01-03 12:43:06

• Housing Market Tracker - Subprime Review - Seeking Alpha

  Housing Market Tracker - Subprime ReviewSeeking Alpha, NY - 16 minutes agoLike many of the subprime loans that have landed in trouble, Alt-A loans often begin with a low introductory interest rate that later escalates. ...
  2008-01-03 12:43:24

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