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(CEP News) - Weekly mortgage applications in the United States fell in the week ending Jan. 2, according to data released from the Mortgage Bankers Association (MBA) on Wednesday, which reported an 8.2% week-over-week decrease in applications. In the ...

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MBA Mortgage Applications Move Down in Week Ending January 2 - Economicnews

T he economic turmoil of 2008 has left few bright spots, but here's one: Mortgage rates have plummeted. Rates on 30-year, fixed loans are hovering around 5 percent - the lowest level since Freddie Mac began tracking rates in 1971. Some economists ...

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Refinance rush - Baltimore Sun

Q I was on benefits, receiving a small amount of income support (£14 a week) and help with interest on my mortgage of approximately £280 a month. Now that the Bank of England base rate has fallen I am told by the Department for Work and Pensions ...

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Help! My mortgage support income has been reduced - Guardian Unlimited

Homeowners are being tested in a tightening market Most mortgage lenders are set to raise the interest rates they charge their customers next year. The bad news for homeowners comes after AIB yesterday became the fourth bank in a month to raise ...

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Mortgage misery as banks begin to hike rates - Independent

The average interest rate for a 30-year fixed-rate mortgage rose slightly last week, but still stayed close to 5 percent, according to real estate Web site Zillow.com For the week ended Jan. 4, the average 30-year rate was 5.10 percent, up from 5.07 ...

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China lead prices rise 40 pct as supply falls
Reuters - Jan 6, 2009
He said many car owners in China fixed their vehicles and changed batteries before the Lunar New Year, boosting battery consumption ahead of the festival, ...


FACTBOX-Australian banks' government guaranteed bond issues
Reuters - 10 hours ago
Offer included A$1.9 bln 5-year fixed rate government-guaranteed bonds at 120bp/swap; A$300 mln 5-year government-guaranteed FRN at 120bp/BBSW, ...


BBC News

Apple unveils software updates, new laptop
San Francisco Chronicle,  USA - 4 hours ago
"Apple is still able to get (analysts and media) out to their stand-alone product announcements, so there is no longer a need for one fixed date on the ...
Video: Steve Jobs Weight Loss Due to Hormone Imbalance AssociatedPress
Full transcript of 2009 MWSF Keynote Address iLounge
Waiting for the Jobs-less Macworld keynote San Francisco Chronicle
all 2,469 news articles


Brunswick Trims Output As Boat Sales Idle
CNNMoney.com - 13 hours ago
The production cuts are part of efforts to shave $300 million from its fixed- cost base by the end of the year. It is cutting the number of North American ...


BBC News

Australia, NZ Dollars Rise as Commodities, Stocks Advance
Bloomberg - Jan 5, 2009
New Zealand’s two-year swap rate, a fixed payment made to receive floating rates, climbed to 4.37 percent from 4.36 percent yesterday.
European market Update: Euro Zone CPI estimate gives scope for ... Fxtraders.eu
all 1,104 news articles


China Steel Companies to Lag Behind Other Stocks, JPMorgan Says
Bloomberg - 3 hours ago
“Private sector fixed asset investments are likely to be stagnant, as the corporate sector strives to conserve cash,” Ulrich said. ...


Announcing Managers of the Year for 2008
Morningstar.com, IL - 21 hours ago
And to make up for a 40% loss, an investor would need to gain 67%. That's tough to do. Vanguard 500 Index has produced three-year gains of 25% or greater in ...


Rogers releases mobile, fixed, internet and cable user figures
TeleGeography, DC - 42 minutes ago
Basic cable TV subscriptions increased by 25000 to 2.32 million, whilst high speed internet customers totalled 1.58 million at the end of the year, ...


Upstate executives pessimistic on economy
Buffalo News,  United States - 1 hour ago
About 61 percent of respondents said they would keep staffing at current levels, and 52 percent plan to invest in fixed asset acquisitions. ...


Telegraph.co.uk

Rates roulette for savers and borrowers
BBC News, UK - 12 hours ago
There are three main types of mortgages: tracker (around 40% of the market); fixed-rate (about 50%); and standard variable rate (SVR) (about 10%). ...
Ordinary savers count cost as banks cut interest on accounts Times Online
Q&A: How reforms could boost income Financial Times
all 283 news articles

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