Mortgage and Financial News From 2008-3-16

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• AP Top News at 4:42 a.m. EDT

  Newsday - WASHINGTON (AP) -- Desperate to aid an economy in crisis, the Federal Reserve is ready to deliver yet another big interest rate cut. How big? One-half of a percentage point, some economists say.
  2008-03-16 01:37:00

• Tax form can help in divorce

  Los Angeles Times - Dear Liz: I'm trying to find a better interest rate for my savings. The rate I'm getting, 2.3%, is dismal. I respect your opinion and would appreciate the advice.
  2008-03-15 11:50:00

• Just how tight is China's monetary tightening?

  Reuters India - The answer to that will determine whether financial markets should price in a string of interest rate rises, a renewed credit crackdown and a faster pace of yuan appreciation.
  2008-03-15 10:53:00

• Rate drop equal re-fi? Not so fast

  Charlotte.com - Whenever the Federal Reserve lowers interest rates, the phone calls start pouring in for Sam Barnett, a Realtor in Charlotte. The callers want to know: Does this mean it's a good time to refinance? And Barnett, 29, explains again and again: Despite ...
  2008-03-15 11:43:00

• Paying the price for credit mess

  Chicago Tribune - Paying the price for credit mess Interest rate cuts raise inflation fears ... When I was in high school, the gas gauge of the car I drove never made it much above empty.
  2008-03-15 11:50:00

• High-interest Online Accounts: Breaking free of the checkbook

  Winston-Salem Journal - The payoff for a reward checking account isn’t going to get consumers rich. But its 6 percent interest rate is proving to be an attraction as rates drop on most certificates of deposit and money-market accounts. TriStone Community Bank is offering ...
  2008-03-16 12:40:00

• Key policy interest rate unchanged

  Norway Post - - Inflation has picked up markedly in recent months. Various measures of inflation show somewhat different developments, but on the whole underlying inflation is close to 2.5 per cent. Inflation is expected to move up one to two years ahead. Growth ...
  2008-03-15 11:36:00

• Auction-rate securities not as safe as they used to be

  Seattle Times - Investors put their money into "auction-rate securities" to get a higher interest rate than savings accounts. Neal Koblitz put in $200,000. Borrowers sold such securities, paying less interest than with ordinary long-term debt.
  2008-03-16 12:40:00

• More rate cuts from Fed expected Tuesday

  Forbes - Desperate to aid an economy in crisis, the Federal Reserve is ready to deliver yet another big interest rate cut. How big? One-half of a percentage point, some economists say. Investors and others hope for even more, a three-quarters cut or perhaps a ...
  2008-03-15 09:55:00

• Disaster President Made

  OpEdNews.com - In this post, I compare his hearing testimony and ... of 2007 will coincide with rising interest rates, rising oil prices and rising bankruptcies. That's what happens when you owe more than your home is worth ~ and you probably have a second mortgage ...
  2008-03-13 02:34:00

• State stimulus will help lift 2008 corporate earnings

  Bangkok Post - The rates compare favourably with the current corporate tax rate of 30%. Benefits are capped at 300 million baht for companies ... But the sub-prime mortgage crisis and prospects of a US economic recession would remain risks.
  2008-03-15 04:05:00

• Bad Credit Unsecured Loans - Cash for Everyone

  Best Syndication - bad credit unsecured loans _____ other information Current Mortgage Interest Rates Calculator in US Refinance Mortgage Information
  2008-03-14 01:14:00

• Feds propose clearer mortgage info

  Cincinnati Enquirer - ... Prospective home buyers would get easier-to-understand information on mortgage terms ... It includes a summary of loan terms, interest rates and monthly payments, whether ... several years, and in nearly every instance it allowed consumers to better compare ...
  2008-03-15 02:14:00

• What if you have an ARM?

  The State - Interest rates might not be at their historic lows, but 5.6 percent to 6 percent for a 30-year fixed ... This is the time to compare whether refinancing with a fixed-rate mortgage is the right choice, or if your lender is willing to negotiate the terms ...
  2008-03-15 08:29:00

• Charleroi native's legacy still 'a work in progress' (Pittsburgh Tribune-Review)

  Sheri Monack has lived elsewhere most of her adult life. But a large part of her heart and soul remain in her hometown of Charleroi.
  2008-03-15 09:18:43

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