Mortgage and Financial News From 2008-5-29 Page 11
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Three-month Euribor returns to recent 5-month high - Reuters
FRANKFURT, May 29 (Reuters) - The Euribor rate for three-month unsecured euro lending between European banks was rose to 4.860 percent on Thursday from Wednesday's 4.857 percent, returning to a recent five-month high. Three-month Euribor last hit 4 ...
2008-05-29 02:11:00 -
(AFX UK Focus) 2008-05-29 13:34 Belgian May inflation hits 23-year high of 5.2 pct (Interactive Investor)
BRUSSELS (Reuters) - Belgian annual inflation hit a 23-year high in May, the Economics Ministry said on Thursday, in a further worrying sign to the European Central Bank a day after a strong rise of consumer prices reported in Germany.
2008-05-29 05:54:04 -
House prices post record fall but retail prices soar (Reuters via Yahoo! UK & Ireland News)
House prices fell a record 2.5 percent in May, the Nationwide Building Society said on Thursday, raising fears the property market downturn could soon turn into a crash that hits the whole economy.
2008-05-29 06:16:00 -
Advertisement starts (Tiscali)
prices, without the economy having yet slowed significantly, suggests that this housing market correction will be deep and prolonged," said Seema Shah of Capital Economics.
2008-05-29 06:22:04 -
Disturbing 2008 Global Peace Index Report (Baltimore Chronicle & Sentinel)
The Global Peace Index (GPI) was launched in May 2007 and claims to be the first study of its kind ranking nations according to their peacefulness. Last year's report covered 121 countries.
2008-05-29 06:50:58 -
UPDATE: Euro-Zone April M3 +10.6% On Year (The Forex Market)
(adds analyst comment.) By Monica Houston-Waesch Of DOW JONES NEWSWIRES FRANKFURT (Dow Jones)--Money supply growth accelerated in April, evidence that financial market turmoil still hasn't substantially curbed bank lending to non-financial corporations.
2008-05-29 02:13:12 -
Mortgage woes scar banks (The Cincinnati Enquirer)
Stocks including Fifth Third's were battered on new concerns that regional banks underestimated the cost of bad mortgages.
2008-05-29 02:38:16 -
First Housing, Now Oil (BusinessWeek Online via Yahoo! News)
In Charlotte, N.C., gasoline at nearly $4 a gallon is cracking "the survivors," as credit counselor Bruce G. Hamlett calls them. They're the people who played by the rules and kept up their mortgage and utility payments even as neighbors gave up and moved away, leaving empty homes. Now, crazy prices at the pump are pushing even these survivors over the edge. "They're asking, 'Do I put gas in my ...
2008-05-29 05:08:42 -
Business briefs: Wilmington employment improves (The Wilmington Star-News)
The Wilmington area's unemployment rate improved in April, according to Bureau of Labor Statistics data released Wednesday.The jobless rate here dropped to 4.5 percent from 4.8 percent in March, but was still a full percentage point higher than it was in April 2007.
2008-05-29 05:18:57 -
ANALYSIS-S.Africa braces for hard times on inflation, power (AlertNet)
Source: Reuters By Phumza Macanda JOHANNESBURG, May 29 (Reuters) - South Africa risks a slide towards fresh consumer pain and poverty-provoked violence after the central bank chief vowed drastic action to fight ...
2008-05-29 05:46:06 -
Why You Need an Emergency Fund (KiplingerForecasts.com)
Stop making excuses and start setting aside money for a rainy day.
2008-05-29 06:15:05 -
FOCUS: UK Retail Sales Weak, House Prices Plummet In May (The Forex Market)
LONDON (Dow Jones)--U.K. retail sales stayed weak and house prices plunged in May, but rising prices suggested the Bank of England won't be able cut interest rates anytime soon to give the economy some relief from the credit crunch.
2008-05-29 06:57:47 -
Find All About Refinance Mortgage Review. Free ! - Colleyville Courier
Providing the latest information on national and international news - articles and videos. If you need a credit card but are unsure of which one, look here. http://www.SeekingReview.com/credit News - Free Big Idea Investor Newsletter Get financial ...
2008-05-28 08:56:00 -
Australia OneSteel plans return to US bond-source - Reuters
(For the latest Australia and New Zealand bond news, double click on [AU/CRD] and then double click on the ID number) SYDNEY, May 29 (Reuters) - OneSteel Ltd (OST.AX: Quote , Profile , Research ), Australia's second largest steel company, is ...
2008-05-29 12:09:00 -
Telecom Italia completes placement of $2 bln in bonds - CNBC
MILAN (Thomson Financial) - Telecom Italia SpA said it has completed the placement of $2 billion in bonds in an effort to refinance its debt and diversify its investor base. The issue was equally split between two fixed-rate tranches with 10 and 30 ...
2008-05-28 11:34:00