Mortgage and Financial News From 2008-1-5

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• Every UK home to face 15pc energy price rise (The Observer)

  A massive increase in gas and electricity bills for all of Britain's 24 million homes is to be announced by all the major energy companies in the next few weeks.
  2008-01-05 03:54:48

• 10 ways to stop burning cash

  Sunday Herald - 6. make your current account work harder A number of current accounts these days pay high rates of interest on credit balances. You can also get a good deal on overdrafts. Alliance & Leicester's Premier Direct current account is a consistent ...
  2008-01-05 10:15:00

• Michigan home foreclosure protest set

  Detroit News - Predatory lenders and mortgage companies that approved risky mortgages with escalating interest rates are being blamed for the ... Since the current problem is worse than the one in the 1930s, the five-year ban is needed, he said. The group will ask ...
  2008-01-05 02:26:00

• FM tells banks to cut rates

  Business Standard - ... signals” on interest rates, a ... any reversal in interest rate policy is expected only in the second half of 2008. “If lending rates are to be lowered, then a pre-requisite is that banks bring down deposit rates first. However, given the current ...
  2008-01-05 10:37:00

• US jobs have negative effect on FTSE 100

  Daily Telegraph - ... that the US Federal Reserve will be under immense pressure to cut borrowing rates ... There were rumours of takeover interest from Vodafone and US retailer Best Buy ... The current year will be difficult," he noted. "House prices influence behaviour as ...
  2008-01-05 01:50:00

• India’s finance minister for lower interest rates

  Daily Times - India’s finance minister for lower interest rates * Urges state-run banks to reduce rates by half a percentage point NEW DELHI: ... The current level is within the central bank’s lending growth target of around 25 percent for this fiscal year. Fixed ...
  2008-01-05 02:26:00

• On the Economy - New York Times Blogs

  On the EconomyNew York Times Blogs, NY - 2 hours agoBut most analysts say the tax rate necessary to replace current federal revenues, under any likely plan, would actually need to be much higher. ...
  2008-01-05 12:32:53

• Developers are bullish about realty in 2008 - Economic Times

  Developers are bullish about realty in 2008Economic Times, India - 2 hours agoClearly, realty hogged all the limelight and even high interest rates failed in dampening the spirits. Looking ahead, what’s in store for the property ...
  2008-01-05 12:35:44

• The happy new year? - Sunday Herald

  The happy new year?Sunday Herald, UK - 2 hours agoIts focus on child health and mental health is of particular interest, too, as we believe this will reap benefits for all in the future. ...
  2008-01-05 12:35:52

• Hedging risk with a Commodity futures hedging strategy - Sunday Times.lk

  Hedging risk with a Commodity futures hedging strategySunday Times.lk, Sri Lanka - 2 hours agoAs an example, the lower US interest rate makes the US dollar less attractive, and a weaker dollar means you have to pay more dollar to get a barrel of the ...
  2008-01-05 12:39:02

• CB expects improved policy decisions this year - Sunday Times.lk

  CB expects improved policy decisions this yearSunday Times.lk, Sri Lanka - 2 hours ago“Further, since government borrowings are less sensitive to interest rates, any favourable impact of tight monetary policy on private sector credit growth ...
  2008-01-05 12:39:02

• Fitch revises HDFC Bank outlook to Negative - Sunday Times.lk

  Fitch revises HDFC Bank outlook to NegativeSunday Times.lk, Sri Lanka - 2 hours agoWhile the bank's earning assets consist almost entirely of housing loans with tenures of 10-15 years at fixed interest rates, its funding comprises of local ...
  2008-01-05 12:39:06

• Gold expected to rise further - Emirates Business 24/7

  Gold expected to rise furtherEmirates Business 24/7, United Arab Emirates - 2 hours agoInvestors think it is sounder to invest in gold compared to shares, bonds or currencies, because of the uncertainty that interest rates or inflation will ...
  2008-01-05 12:41:54

• The 2010 NPT Review Cycle So Far: A View from the United States of ... - Blackanthem.com

  The 2010 NPT Review Cycle So Far: A View from the United States of ...Blackanthem.com, MI - 1 hour agoIn fact, for example, during the last year alone, we have increased our rate of warhead dismantlement by 146 percent, and slated 400 Advanced Cruise ...
  2008-01-05 01:38:24

• Power customers find it doesn’t pay to switch - Sunday Herald

  Power customers find it doesn’t pay to switchSunday Herald, UK - 1 hour agoA spokeswoman for Save The Children said 2.3 million people in the UK on low incomes are being forced to take out high-interest loans at rates topping 183% ...
  2008-01-05 01:41:17

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