Mortgage and Financial News From 2008-4-9 Page 4
Previous Day: 2008-04-08
Return to the mortgage news archive home.
-
Utah Economy Slows to Follow U.S. Trends (Brigham Young NewsNet)
Utah is following the nation's downward spiraling economy: just not as steeply. As of February, Utah's unemployment rate was about three-percent.
2008-04-09 07:47:25 -
IMF cuts euro zone growth forecasts, says ECB can afford to cut rates (The Forex Market)
WASHINGTON (Thomson Financial) - The International Monetary Fund cut its forecasts for euro zone growth and said the economic slowdown argues for the European Central Bank to cut interest rates.
2008-04-09 06:19:51 -
Broader, deeper, longer slowdown (BBC News)
It is becoming clearer that the UK will not escape the worldwide economic downturn. How might it be affected?
2008-04-09 06:25:39 -
Believing Your Own Eyes (GoldSeek.com)
Gold Gold is down some 1% in early trading in London this morning. Gold was down $11.10 to $914.00 per ounce in trading in New York yesterday and silver was down 41 cents to $17.68 per ounce.
2008-04-09 06:30:44 -
IMF slashes European economic growth forecasts (Interactive Investor)
Wed 09 Apr, 2008 13:09
2008-04-09 06:30:49 -
Robert L. Borosage: Brain Dead Trade Debate (HuffingtonPost)
The economy is tanking. Gas is headed to $4.00 a gallon. One in ten homes are "under water," worth less than their mortgages. The...
2008-04-09 06:33:19 -
Hedge Funds Cuddle Up to Downey Financial (TheStreet.com)
Despite questions about its loan quality, the thrift holding company looks like a bargain to some investors.
2008-04-09 06:42:25 -
(AFX UK Focus) 2008-04-09 14:15 GMT: IMF sees UK economic growth languishing at levels not seen since early 1990s (Interactive Investor)
LONDON (Thomson Financial) - The IMF sees UK economic growth languishing at lows not seen since the recession of the early 1990s over this year and the next, and that there may be scope to lower interest rates in the country.
2008-04-09 06:47:14 -
Interest rates: Economists predict rate cut (Daily Telegraph)
After the International Monetary Fund in Washington DC warned yesterday that the UK housing market was in store for a similar fate to its American counter-part, attention has turned to the Bank of England ahead of its interest rate decision tomorrow. While the Chancellor Alistair Darling insists that his growth forecasts are not overly-optimistic, the Bank's Monetary Policy Committee is widely ...
2008-04-09 06:48:48 -
UPDATE: IMF Sees 25% Chance Of Global Recession (The Forex Market)
WASHINGTON (Dow Jones) -- There is a 25% chance that global ecomic growth will drop to recession levels in 2008 and 2009, the International Monetary Fund says.
2008-04-09 06:49:44 -
IMF slashes European economic growth forecasts (Reuters.co.uk)
WASHINGTON (Reuters) - The International Monetary Fund slashed its economic growth forecast for Europe on Wednesday, warning that its financial markets were exposed to the troubled U.S. housing sector and credit conditions were tightening.
2008-04-09 06:54:44 -
Recession offers some opportunities (Lexington Herald-Leader)
Let's say you have some cash on hand, your job (or other source of income) is secure and you love a good bargain. What opportunities might a recession bring? Consumer Reports' money team suggest these buying opportunities: Homes: Home prices are already down in many parts of the United States. Where they go from here is anybody's guess, but few expect them to rise at a steep pace anytime soon. ...
2008-04-09 04:56:12 -
Congress' Bills to Help Homeowners Sputter (ABC News)
Rival bills lack support from key Congressional players.
2008-04-09 05:07:20 -
Mortgage help veering off course (The Pueblo Chieftain)
WASHINGTON - Even supporters acknowledge that the Senate’s housing bill is a partial fix for growing problems in the residential real estate market. That’s why congressional Democrats are rolling out more aggressive bills, most prominently a plan for the government to insure up to $400 billion in troubled mortgages, which would be refinanced at more affordable rates. Some in the banking ...
2008-04-09 05:13:20 -
Opening Bell: Justice Under Bush (Columbia Journalism Review)
‘A reflection of the environment of greed’; Will the Fed raise its debt?; To eat, or worry about the birds; etc.
2008-04-09 05:18:46