Mortgage and Financial News From 2008-3-10 Page 18

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  • Another Preemption Fight

    Washington Post - The European Central Bank has left interest rates unchanged since June and has lectured governments about budget deficits. ... The response to the current economic mess increases that lopsidedness. Americans are spending heavily to head off the ...
    2008-03-09 11:00:00

  • UPDATE 3-Gold regains strength; platinum bounces

    Reuters - ... are likely to remain in place in coming weeks, particularly the anticipation that the Fed will further lower U.S. interest rates ... The U.S. central bank has slashed its federal funds target rate by 2.25 percentage points since September to its current ...
    2008-03-10 01:51:00

  • Bovis Calls For Interest Rate Cut

    Ananova - For the full year as a whole, unless decisive action is taken now to reduce interest rates and more normal conditions return to ... performance through the spring selling period remained critical in establishing the likely volume outcome for the current ...
    2008-03-10 01:23:00

  • First Day Of Freedom From Debts

    Sky.com - At the same time average interest rates on personal loans rose by 0.5%, leaving Britons collectively facing an interest bill or ... In the current economic client is has never been more important for people to realise just how much it costs to service ...
    2008-03-10 01:59:00

  • Bovis demands 'decisive' rate cuts as house sales slide

    Guardian Unlimited - The current housing market is weak," said chief executive Malcolm Harris, "Unless decisive action is taken now to reduce interest rates and more normal conditions return to the mortgage market, it is likely that volumes [in 2008] will be well below ...
    2008-03-10 01:30:00

  • Bovis calls for interest rate cut

    Financial Times - Malcolm Harris, chief executive of Bovis Homes , called on the Bank of England to cut interest rates to help the struggling the ... Bovis will prioritise cost control and cash flow management in the current conditions, said Mr Harris.
    2008-03-10 01:30:00

  • Monday (Malaysian National News Agency (BERNAMA))

    KUALA LUMPUR, March 10 (Bernama) -- The slowdown in the U.S and in the broader global economy will somewhat moderate growth in the ASEAN-4 economies (Indonesia, Malaysia, Philippines, and Thailand) this year, but strong domestic fundamentals will ensure that this has a limited impact, says Standard & Poor's Rating Services.
    2008-03-10 01:55:02

  • Bovis demands 'decisive' rate cuts (Guardian Unlimited)

    Business & money: UK housebuilder admits it is struggling to sell new houses this year
    2008-03-10 01:58:12

  • Silver Standard Reports Year-End 2007 Results (Marketwire via Yahoo! Finance)

    Silver Standard Resources Inc.(NASDAQ: SSRI) reports the following from the company's fourth quarter and fiscal year 2007..
    2008-03-10 02:00:00

  • (AFX UK Focus) 2008-03-10 08:50 GMT: Asian stocks sag on US recession fears, Malaysia dives on election shock UPDATE4 (Interactive Investor)

    SINGAPORE (Thomson Financial) - Most Asian markets fell Monday on heightened fears that the US may already be in recession after the release of surprisingly weak employment data, with Malaysian stocks leading declines after the ruling political coalition suffered its worst-ever defeat in Saturday's general election.
    2008-03-10 02:13:17

  • Bovis Calls For Interest Rate Cut (SkyNews via Yahoo! UK & Ireland News)

    Builder Bovis Homes is calling for a cut in the interest rate after reporting a 6% fall in profits for the year and a warning that 2008 volumes may be "significantly" lower.
    2008-03-10 02:14:00

  • Bovis warns on market conditions (BBC News)

    The housebuilder Bovis Homes calls for action to be taken on interest rates in order to boost the house building sector.
    2008-03-10 02:20:43

  • First Day Of Freedom From Debts (Ananova)

    Britons will have to work for an average of 70 days this year just to earn the money they need to pay interest on their credit card and loan debt, research is showing.
    2008-03-10 02:22:18

  • Homebuilder Bovis warns on market (Reuters.co.uk)

    LONDON (Reuters) - Housebuilder Bovis Homes reported a 6 percent fall in 2007 profit on Monday and warned that 2008 volumes would be significantly lower if current market conditions continue.
    2008-03-10 02:32:03

  • More homeowners are just walking away from their mortgages

    Sacramento Bee - In a short sale, the lender allows the home to be sold for less than the amount owed on a mortgage. • Hand over the deed. Also known as a deed in lieu of foreclosure, the homeowner voluntarily turns the property over to the lender.
    2008-03-10 12:33:00

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