Mortgage and Financial News From 2008-2-20 Page 6

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  • Oil Is Little Changed Near $100 a Barrel on Rate Speculation

    Bloomberg - Feb. 21 (Bloomberg) -- Crude oil was little changed near $100 a barrel after rising to a record yesterday on speculation U.S. interest rate cuts will bolster fuel consumption. Federal Reserve Chairman Ben S. Bernanke has indicated the central bank ...
    2008-02-20 03:54:00

  • Reserve Bank warns of more interest rate rises

    News.com.au - THE Reserve Bank has warned of further interest rate rises, as board minutes revealed the depth of its concern about inflation. Newly released minutes from the bank's board meeting this month showed directors gave serious consideration to a 50-basis ...
    2008-02-20 03:33:00

  • LIPA faces interest rate hikes

    Newsday - To the list of entities sent scrambling by the credit-market crisis, add another local concern: the Long Island Power Authority . With $7 billion in outstanding debt tied primarily to the mothballed Shoreham nuclear power plant, LIPA has about $1 ...
    2008-02-20 03:19:00

  • New lull shows housing may not have reached bottom (USA Today)

    Permits to break new ground on homes in January fell 3%, to the lowest rate in more than 16 years, while housing starts rose 0.8%, roughly in line with forecasts, showing signs of more struggles ahead for the housing market.
    2008-02-20 06:02:32

  • Mariner Energy Achieves First Production at Bass Lite Deepwater Gulf of Mexico Project (PR Newswire via Yahoo! Finance)

    Mariner Energy, Inc. announces that its Bass Lite deepwater Gulf of Mexico project commenced production on February 15, 2008.
    2008-02-20 06:07:00

  • Australian, New Zealand Dollars Rise as Commodity Prices Gain (Bloomberg.com)

    Feb. 21 (Bloomberg) -- The Australian and New Zealand dollars rose as a gain in commodity prices and a rally in U.S. stocks gave investors confidence to buy higher-yielding assets with funds from Japan.
    2008-02-20 06:09:40

  • Vodafone and data weigh on FTSE (Reuters.co.uk)

    LONDON (Reuters) - The leading share index slipped 1.2 percent on Wednesday as heavyweight Vodafone dragged and after higher-than-expected inflation data reduced the prospect of further interest rate cuts in the United States.
    2008-02-20 06:09:46

  • Illegal immigrant rental-ban opponent to run for mayor in Farmers Branch (Dallas Morning News)

    The treasurer of a group that opposed Farmers Branch's efforts to ban apartment rentals to illegal immigrants last year has decided to challenge City Council member Tim O'Hare for mayor.
    2008-02-20 06:13:59

  • Rise Predicted For Indonesia Stocks (INO News)

    (RTTNews) - The Hong Kong stock market has finished higher in five of its last seven sessions, and the Indonesia stock market is expected to continue firmly into positive territory when it kicks off trade on Thursday - following most of the rest of the region to the upside.
    2008-02-20 06:17:04

  • Stocks Finish Up After Shaky Start (CBS 13 Sacramento)

    Stocks came off early losses to finish higher Wednesday as investors set aside some concerns about the economy after finding reassurance that the Federal Reserve remains committed to stoking growth before worrying about inflation.
    2008-02-20 06:17:13

  • Your View

    Austin American-Statesman - ... no clue how to pay for my son’s college education, I believe that I have earned the right to not only question our leaders about the economic direction of the country but also hold them accountable for fixing the damage from the subprime mortgage ...
    2008-02-17 03:58:00

  • Candidates make final push before 'Super Tuesday'

    International Herald Tribune - Hillary said she wants to freeze interest rates! Are you kidding me? That was ... Dotcom bubble, housing bubble caused by easy mortgage and zero-down policy, mad ... the desire as well as ability to communicate that vision with others (compare Obama ...
    2008-02-19 07:42:00

  • Growth can be a nightmare

    North County Times - That is, prices rise to outrageous rates, they post their profits and, overnight, prices fall. How is it that gas prices and not the factors repeatedly stated -- supply and demand -- rise and fall on these announcements? Who is asking the questions ...
    2008-02-18 03:57:00

  • Great Wolf Resorts Reports Fourth Quarter 2007 Results

    MSN MoneyCentral - ... sales are an attractive opportunity for us to build mid-week occupancy rates ... In February 2008, the company obtained a $55 million mortgage loan secured by its ... EBITDA and Adjusted net income (loss) because they may help investors to compare ...
    2008-02-17 03:58:00

  • E*TRADE FINANCIAL Enhances Research Tools, Increases Efficiencies for ...

    MSN MoneyCentral - ... Capabilities - With improved layouts and customization capabilities, customers will be able to compare ... the residential real estate market, instability in the consumer credit markets and credit trends, rising mortgage interest rates ...
    2008-02-20 05:03:00

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