Residential mortgage default levels still on rise THE NUMBER of defaults in Irish residential mortgages continued to rise in October, according to the latest statistics released yesterday by ratings agency Moody’s. Read more on The Irish Times
Tag Archives: rise
Interest rates rise in Spanish bond sale
Interest rates rise in Spanish bond sale Spain had to pay higher interest rates to raise 3.876 billion euros via a bond sale Tuesday as investors remained nervous about whether the country may need a debt rescue like Greece and Ireland. Read more on AFP via Yahoo! News
Rates rise on Treasury bills
Rates rise on Treasury bills Interest rates on short-term Treasury bills rose in yesterday’s auction with rates on three-month bills rising to the highest level in 15 months. The Treasury Department auctioned $29 billion in three-month bills at a discount rate of 0.175 percent, up from 0.140 percent last week. Another $28 billion in six-month [...]
Chinese interest rate rise: what the analysts say
Chinese interest rate rise: what the analysts say Experts agree this move will encourage savers and help tackle inflation but are divided about whether this is a one-off or the first of a series of rises The People’s Bank of China, China’s central bank, surprised markets by announcing it was raising interest rates for the [...]
Bank’s Sentance says interest rates need to rise
Bank’s Sentance says interest rates need to rise By Fiona Shaikh Read more on Interactive Investor
Demand for mortgages falls despite credit rise
Demand for mortgages falls despite credit rise Demand for mortgages fell for the third quarter in a row even as the supply from lenders increased, according to Bank of England data. Read more on Daily Telegraph
Rise in interest rates would be a ‘disaster’ for UK economy, warns Peter Hargreaves
Rise in interest rates would be a ‘disaster’ for UK economy, warns Peter Hargreaves A rise in interest rates could cause many UK homeowners to “throw away the keys” to their houses, according to Peter Hargreaves, the co-founder of financial adviser Hargreaves Lansdown. Read more on Daily Telegraph
Pending Sales of Existing Homes Unexpectedly Rise
Pending Sales of Existing Homes Unexpectedly Rise The number of contracts to purchase U.S. previously owned houses unexpectedly rose in July, a sign the market may be starting to stabilize after the expiration of a homebuyer tax credit. Read more on BusinessWeek
Interest rates could rise to 8%
Interest rates could rise to 8% The Policy Exchange has warned that interest rates could rise to 8 per cent by 2012 if inflation spirals out of control. Read more on Money Marketing Online
Housing starts rise less than expected
Housing starts rise less than expected Housing starts rose but to a much weaker rate than expected in July, while permits for future home construction fell to their lowest level in more than a year, pointing to a weak economic recovery. Read more on Reuters via Yahoo! News