Mortgage and Financial News From 2008-8-12 Page 01
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Matching Borrower With Lender, Social-Network Style - Inside Higher Ed
As the fall semester rapidly approaches, students worried about covering tuition in an increasingly volatile loan market will have a new set of options to try. All they have to do is go online, create a personalized profile and friend the right ...
2008-08-11 11:52:00 -
Andy Oram Reports - American Reporter
CAMBRIDGE, Mass., Feb. 20, 2996 -- The rhetoric is whipping through the air in Washington and racing at a dizzying pace across the Internet, as highly publicized hearings on a "network neutrality" bill were held on February 7. Vint Cerf testified ...
2008-08-12 09:28:00 -
Internet States Look to Tax Electronic Downloads - DailyTech
As digital downloads heat up, states look for an additional revenue stream. Despite high piracy rates, digital content services are riding high. Some like Valve have made a lucrative business off distributing video game content such as the Half Life ...
2008-08-12 05:46:00 -
ComScore: Social sites are going global - CNET News
We sort of knew it already: while Facebook, MySpace, Bebo, Hi5, Orkut, and Friendster were all founded in the U.S., social networking is a worldwide phenomenon. New statistics from ComScore show that sites like Facebook are growing rapidly across the ...
2008-08-12 01:35:00 -
India corporate debt squeezed in costlier climate - Business24-7
Heavy government borrowing risks elbowing out corporate issuers in India already reeling under rising interest rates and shrinking liquidity, with borrowing costs expected to rise 50-75 basis points by the end of 2008. Bond originators say normally ...
2008-08-12 10:01:00 -
T. Rowe Price Savings Bank Launches Innovative Smart Ladder CDs(SM) - Earthtimes
BALTIMORE , Aug. 12 /PRNewswire-FirstCall/ -- As part of its ongoing commitment to serving individual investors and simplifying their efforts to save and invest, T. Rowe Price Savings Bank has created Smart Ladder CDs(SM). By investing equally in ...
2008-08-12 08:27:00 -
UK mortgage rates fall for the first time since February - Business24-7
The cost of taking out the most popular type of fixed-rate mortgage fell last month for the first time since February in the UK, Bank of England data showed yesterday. The drop is welcome news for homeowners who had seen the cost of mortgage finance ...
2008-08-12 10:01:00 -
Northern Rock cuts fixed-rate mortgages - Times Online
Several lenders, including Northern Rock, have today cut the cost of their fixed-rate mortgage deals. The average two-year fixed rate from the five biggest mortgage lenders is 6.43 per cent, according to financial information website Moneyfacts.co.uk ...
2008-08-10 05:55:00 -
Mortgage lending falls 32% as house prices fall - The Independent
Hopes for a more stable property market were dashed yesterday as figures revealed the decline is gaining speed, fuelled by tight lending criteria and speculation over stamp duty. Prices fell by 1.1 per cent in the three months to June this year, up ...
2008-08-12 04:34:00 -
News (The West Australian)
Consumer confidence has surged in its third biggest jump in recent years on the back of falling petrol prices and signs the Reserve Bank is set to cut interest rates.
2008-08-12 05:41:22 -
(AFX UK Focus) 2008-08-13 01:23 Aussie extends slide to 7-mth low on credit worries (Interactive Investor)
SYDNEY, Aug 13 (Reuters) - The Australian dollar dropped to seven-month lows against the U.S. dollar and hit a four-month trough against the Japanese yen as fresh credit market jitters led investors to dump the high-yielding currency.
2008-08-12 05:52:36 -
(AFX UK Focus) 2008-08-13 01:48 Australia consumer confidence rebounds in August (Interactive Investor)
SYDNEY, Aug 13 (Reuters) - A key measure of Australian consumer confidence rebounded in August as falling petrol prices helped households shake off some of their angst over finances and the economic outlook, a survey showed on Wednesday.
2008-08-12 06:22:32 -
CML says mortgage market remained subdued in June (Banking Business Review)
The UK Council of Mortgage Lenders has reported that the average homebuyer put down a 22% deposit in June 2008, up from 20% in May 2008.
2008-08-12 06:33:41 -
Stocks sag on global growth fears (Reuters via Yahoo! UK & Ireland News)
Global stock markets sagged and the U.S. dollar rally lost steam on Tuesday as concerns about the credit-stressed world economy's growth prospects resurfaced and overshadowed a further decline in oil prices.
2008-08-12 07:04:00 -
Aussie plummets to new multi-month lows against majors (Nasdaq)
(RTTNews) - Extending yesterday's downtrend, the Australian dollar plummeted to new multi-month lows against its major counterparts.
2008-08-12 08:39:51