Stark Says ECB Will Raise Interest Rates at Appropriate Pace European Central Bank Executive Board member Juergen Stark said the bank will raise interest rates and withdraw other emergency measures at an appropriate pace. Read more on BusinessWeek
Tag Archives: says
Euro to Climb to $1.50 as ECB Increases Interest Rates, Danske Bank Says
Euro to Climb to $1.50 as ECB Increases Interest Rates, Danske Bank Says Danske Bank A/S raised its six-month forecast for the euro from $1.42 to $1.50, citing the outlook for European Central Bank interest rates and improved appetite for riskier assets on optimism about the global recovery. Read more on Bloomberg
Instant view: Trichet says ECB may raise rates next month
Instant view: Trichet says ECB may raise rates next month The European Central Bank will exercise “strong vigilance” over rising inflation, President Jean-Claude Trichet said on Thursday, and may raise interest rates as soon as next month. Read more on Reuters via Yahoo! News
Rates not excessively tight, RBA says
Rates not excessively tight, RBA says Interest rates are not excessively restrictive but Australians are becoming more cautious about their funds, RBA governor Glenn Stevens says. Read more on The Age
34% of Puget Sound Homeowners ‘Upside Down’ on Mortgages, Says Zillow.com
34% of Puget Sound Homeowners ‘Upside Down’ on Mortgages, Says Zillow.com Website says National Rate is 27% The number of residents who owe more on their mortgages than their homes are worth has taken a huge jump. According to the real estate website Zillow.com 27% of all homeowners across the country are “upside down” or [...]
Posted in News Also tagged down, homeowners, mortgages, Puget, Sound, Upside, Zillow.com Leave a comment
Clark Says Toronto-Dominion Focused on U.S. Mortgages
Clark Says Toronto-Dominion Focused on U.S. Mortgages Feb. 2 (Bloomberg) — Edmund Clark, chief executive officer of Toronto-Dominion Bank, speaks with Bloomberg’s Erik Schatzker about the bank’s fiscal outlook and business strategy. Read more on Bloomberg
Chase says it charged military families too much on mortgages
Chase says it charged military families too much on mortgages NEW YORK – One of the nation’s biggest banks, JP Morgan Chase, admits it has overcharged several thousand military families for their mortgages, including families of troops fighting in Afghanistan. The bank also says it improperly foreclosed on more than a dozen homes belonging to [...]
New Labour MP says people should have house repossessed (11Feb10)
A New Labour MP has sparked anger in saying that people should have “their”* house repossessed. * I say their house, but people own nothing until the very last penny is paid off on a mortgage, so until then a house is not theirs. Recorded from Channel 4 News, 11 February 2010.
Freddie Mac says to hike fees on some US mortgages
Freddie Mac says to hike fees on some US mortgages Freddie Mac says to hike fees on some US mortgagesFreddie Mac says to hike fees on some US mortgages Read more on The Economic Times
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