Mortgage and Financial News From 2008-1-3 Page 36

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• Brazil's real gains to 7 week-high, stocks steady - Reuters UK

  Brazil's real gains to 7 week-high, stocks steadyReuters UK, UK - 16 minutes agoInterest-rate futures <0#DIJ:> were mostly lower on the BM&F commodities and futures exchange in Sao Paulo, reflecting the positive investor sentiment. ...
  2008-01-03 12:43:58

• Why the Fed Opted for Quarter Point Cut - KTTC

  Why the Fed Opted for Quarter Point CutKTTC, MN - 14 minutes agoChances are seen as good that more interest rate cuts are looming. The Fed's next meeting is at the end of this month. The decision to cut rates by a ...
  2008-01-03 12:45:49

• Bush considers moves to stimulate economy - Atlanta Journal Constitution

  Bush considers moves to stimulate economyAtlanta Journal Constitution,  USA - 10 minutes agoThe US Federal Reserve has lowered its key interest rate by a full-percentage point to 4.25 percent since mid-September in a bid to buffer the economy. ...
  2008-01-03 12:50:13

• NAB leads charge to raise rates - Australian IT

  NAB leads charge to raise ratesAustralian IT, Australia - 9 minutes agoTWO of Australia's biggest banks are to defy political pressure and raise interest rates for tens of thousands of homeowners. National Australia Bank will ...
  2008-01-03 12:51:04

• Mortgage Applications Decrease in Latest MBA Weekly Survey - RisMedia.com (press release)

  Mortgage Applications Decrease in Latest MBA Weekly SurveyRisMedia.com (press release), CT - 7 minutes agoThe average contract interest rate for 30-year fixed-rate mortgages decreased to 6.05% from 6.10%, with points unchanged at 1.05 (including the origination ...
  2008-01-03 12:52:49

• Market Preview: Fixed Income Traders Will Gauge Fed With Payrolls - CEP News

  Market Preview: Fixed Income Traders Will Gauge Fed With PayrollsCEP News, Canada - 7 minutes ago... won't change because of the payroll data, but with the Federal Reserve set to meet on Jan 30, a weak figure could trigger deeper interest rate cuts. ...
  2008-01-03 12:53:11

• Forex – Dollar topple after the US ISM data - PR Urgent

  Forex – Dollar topple after the US ISM dataPR Urgent - 5 minutes agoFurther there are expectations from the Federal Reserve to bring down the interest rates further and cut the cost of borrowing to improve the market ...
  2008-01-03 12:54:30

• Gold, platinum hit record highs, more upside seen - Reuters India

  Gold, platinum hit record highs, more upside seenReuters India, India - 4 minutes ago... highs on Thursday as speculators and investors snapped them up amid strong oil prices and expectations for further US interest rate cuts, analysts said. ...
  2008-01-03 12:56:07

• Bank of America sees value in financial sector bonds - Reuters

  Bank of America sees value in financial sector bondsReuters - 3 minutes agoBy Dena Aubin NEW YORK (Reuters) - Bonds of US banks and brokers, among the worst performers last year, should turn around in 2008, helped by interest rate ...
  2008-01-03 12:56:42

• Wall Street Gives Up Gains (TheStreet.com)

  The tech-heavy Nasdaq is the weakest performer, and the S&P 500 turns negative.
  2008-01-03 12:46:12

• Gold and platinum hit record highs (Reuters via Yahoo! UK & Ireland News)

  Gold and platinum soared to historic highs on Thursday as speculators and investors snapped them up amid strong oil prices and expectations for further U.S. interest rate cuts, analysts said.
  2008-01-03 12:47:00

• SBA Disaster Loan Deadline is February 1 (Centre Daily Times)

  The U.S. Small Business Administration is reminding businesses that February 1 is the filing deadline for federal economic injury disaster loans that are available to small businesses located in all counties in the Commonwealth of Kentucky as a result of extremely cold temperatures April 5 - 10, 2007.
  2008-01-03 12:47:51

• Friday, January 4, 2008 (Deccan Herald)

  The real estate industry, pegged at USD 16 billion and estimated to reach USD 60 billion by 2010 with a growth rate of 30 per cent, entered Dalal Street in a big way and floated 12 public issues in the year which helped it to emerge as a leading sector in terms of fund raising.
  2008-01-03 12:51:08

• Bank of America sees value in financial sector bonds (Reuters via Yahoo! News)

  Bonds of U.S. banks and brokers, among the worst performers last year, should turn around in 2008, helped by interest rate cuts and capital infusions, Bank of America strategists said on Thursday.
  2008-01-03 12:52:15

• $80 Target on UPS Shares (Zacks.com via Yahoo! Finance)

  Rate hikes, expansion into China, recent acquisitions and share repurchases should propel EPS growth.
  2008-01-03 12:53:40

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