Mortgage and Financial News From 2007-8-27 Page 3

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  • ECB's Trichet Leaves Options Open on Rate

    CNBC - European Central Bank President Jean-Claude Trichet said on Monday his remarks on August 2 were made before the current market turbulence, leaving the options open on whether the ECB will raise its key interest rate at a meeting next week. Investors ...
    2007-08-27 02:38:00

  • Fitch Rates OSF Healthcare (Illinois) $140MM VRDBs 2007 Series E&F ...

    Forbes - The bonds are subject to a mandatory tender upon changes in interest rate modes, upon the expiration or substitution of the SBPAs, and upon the occurrence of certain events of default under the SBPAs. The bonds are also subject to mandatory and ...
    2007-08-27 09:48:00

  • Fidelity makes higher-interest checking offer

    Boston Globe - Fidelity’s account, called mySmart Cash, pays customers an interest rate of 3.5 percent, well above what most local banks are offering. It also features no minimum balance requirement, no annual fees, no bounced check fees, free checks, and free ...
    2007-08-27 03:21:00

  • Trichet says ECB will not decide on interest rates until Sept 6 ...

    Forbes - BUDAPEST (Thomson Financial) - European Central Bank president Jean-Claude Trichet said the ECB governing council will not decide on whether to go ahead with a September interest rate increase until its meeting on Sept 6. Trichet had previously ...
    2007-08-27 04:33:00

  • John Howard faces public revolt over interest rates

    News.com.au - BATTLING families are ready to punish Prime Minister John Howard over interest rates and believe the Coalition has "lost touch" with the public. After five interest rate rises since the 2004 election, swinging voters have turned on the Coalition over ...
    2007-08-27 08:22:00

  • ECB president leaves interest rate options open

    International Herald Tribune - BUDAPEST : The European Central Bank has noted the turbulence on financial markets and will take all factors into account when deciding whether to raise interest rates next week, the bank's president, Jean-Claude Trichet, said Monday. Speaking at the ...
    2007-08-27 06:42:00

  • Dollar gains against euro as ECB rate decision mulled (AFP via Yahoo! News)

    The dollar gained slightly against the euro Monday despite more lackluster news on the distressed US housing market, as debate intensified over whether the European Central Bank will hike interest rates next month.
    2007-08-27 09:42:13

  • BoE interest rate stance 'tougher than necessary' (Edinburgh Evening News)

    THE Bank of England's Monetary Policy Committee (MPC) is usually "tougher than necessary" when it comes to interest rates, according to one of its former members.
    2007-08-27 11:20:33

  • Mon: TASE falls waiting for interest rate decision (Globes Online)

    The Tel Aviv 25 index fell 0.71% today, with real estate stocks the biggest losers. The shekel-dollar rate fell to a ten-week low.
    2007-08-27 06:23:31

  • Resverlogix Corp.: Notice of Conversion on Debentures and Interest Rate Change (Marketwire via Yahoo! Finance)

    Resverlogix Corp.(TSX: RVX) reports further to the August 13, 2007 press release that the interest rate provisions contained in the June 5, 2007 Debenture financing have increased to 14% from 13% based on the RVX shares trading at pre-determined values below the conversion prices of the Debentures.
    2007-08-27 01:00:00

  • Malta Central Bank Keeps Interest Rate Unchanged At 4.25% (The Forex Market)

    The Central Bank of Malta Monday left its key interest rate unchanged at 4.25%, finding no developments to warrant changing its monetary policy stance.
    2007-08-27 03:35:47

  • ECB president leaves interest rate options open (International Herald Tribune)

    Despite earlier comments indicating that the European central bank would raise interest rates, Jean-Claude Trichet said the bank was not committed to doing so at its Sept. 6 meeting.
    2007-08-27 07:09:45

  • Bank of Israel raises interest rate to 4% (Globes Online)

    The interest rate gap with the dollar has narrowed to 125 basis points.
    2007-08-27 06:24:01

  • Internet groups brace for subprime fallout

    MSN MoneyCentral - Internet companies are bracing for a possible fall-off in one of their biggest sources of advertising following the meltdown in the subprime mortgage market. Besides mortgage advertising specifically directed at less credit-worthy borrowers, the ...
    2007-08-27 08:08:00

  • Credit-card defaults on rise in US

    MSN MoneyCentral - US consumers are defaulting on credit-card payments at a significantly higher rate than last year, raising the prospect of problems in the stricken US subprime mortgage market spreading to other types of consumer debt. Credit-card companies were ...
    2007-08-27 06:42:00

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