Mortgage and Financial News From 2008-1-30 Page 3

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• US rate cut sends dollar soaring - Ottawa Citizen

  US rate cut sends dollar soaringOttawa Citizen,  Canada - 12 minutes ago... difficult for some sectors and regions of the country," added Mr. Jenkins, who reiterated that further interest rate cuts here are also likely. ...
  2008-01-30 11:43:07

• Housing market slowdown continues - BBC News

  Housing market slowdown continuesBBC News, UK - 11 minutes agoMost housing surveys in recent months have suggested the market is slowing. Prices have been hit by higher interest rates and tighter lending criteria.
  2008-01-30 11:44:31

• Sensex opens high at 17810 pts; up by 52 pts - Daily News & Analysis

  Sensex opens high at 17810 pts; up by 52 ptsDaily News & Analysis, India - 10 minutes agoSelect stocks opened with an upward gap and firmed up further in early trade after the US Federal Reserve slashed the key interest rate by 50 basis points ...
  2008-01-30 11:45:08

• Rate cut's effects? Not till next year - Indianapolis Star

  Rate cut's effects? Not till next yearIndianapolis Star, United States - 10 minutes agoIn an attempt to keep the national economy from lapsing into a recession, the Fed's Open Market Committee set its target for a key interest rate at 3 ...
  2008-01-30 11:45:53

• Rate rises hitting building industry: HIA - ABC Online

  Rate rises hitting building industry: HIAABC Online, Australia - 7 minutes agoHIA's chief economist Harley Dale says the new home building industry is being hit by rising house prices and interest rates. "We did have two interest rate ...
  2008-01-30 11:48:37

• MetroCorp Bancshares, Inc. Announces Net Income of $2.8 million ... - Primenewswire (press release)

  MetroCorp Bancshares, Inc. Announces Net Income of $2.8 million ...Primenewswire (press release), CA - 4 minutes agoThe decline in yield for the three months ended December 31, 2007 was the result of the interest rate cut by the Federal Reserve. ...
  2008-01-30 11:51:08

• Electricity rates going up in Lubbock - LubbockOnline.com

  Electricity rates going up in LubbockLubbockOnline.com, TX - 4 minutes ago... will increase all electrical customer rates to recover roughly $47.6 million in fuel costs and interest the company did not collect between April 2006 ...
  2008-01-30 11:51:13

• Shekel strengthens slightly after Fed rate cut - Globes

  Shekel strengthens slightly after Fed rate cutGlobes, Israel - 3 minutes agoThe shekel had risen over 1% last night around the time that the interest rate decision was announced. Easy Forex claims that the Winograd Committee's ...
  2008-01-30 11:52:09

• Video: Russian Naval Visit (Fox 6 News San Diego)

  Russian Naval infantry personel are taking part in training in with U.S. Marines at camp pendleton. They were given a first hand look at how marines are preparing for battle in Iraq. 1/30/08
  2008-01-30 11:48:34

• Video: Economic Stimulus (Fox 6 News San Diego)

  The Federal Reserve made another cut to a key interest rate. Meantime, the Senate could begin voting as early as tomorrow on its own version of an economic stimulus plan. Plus, the Earned Income Tax. 1/30/08
  2008-01-30 11:48:45

• Video: Upgrades Needed (Fox 6 News San Diego)

  Balboa Park needs new direction. That's the conclusion from a new published report. 1/30/08
  2008-01-30 11:48:54

• Dollar Lower Against Yen in Asia (AP via Yahoo! Finance)

  The dollar fell against the yen in Asia Thursday amid anxieties about U.S. bond insurers and continuing fallout from the subprime mortgage crisis.
  2008-01-30 11:49:54

• European Stock-Index Futures Fall; Allianz and UBS May Decline (Bloomberg.com)

  Jan. 31 (Bloomberg) -- European stock-index futures slipped, following declines in the U.S., on concern bond-insurer losses threaten profits at insurers and banks.
  2008-01-30 11:50:16

• Fed Cuts Rate Again (Novinite.com)

  The US Federal Reserve on Wednesday cut a key interest rate for the second time in just over a week, reducing the federal funds rate by a half point, CNN reported.
  2008-01-30 11:50:21

• U.K. House Prices Decline for a Third Month, Nationwide Says (Bloomberg.com)

  Jan. 31 (Bloomberg) -- U.K. home values fell for a third month in January, and the housing market will cool further as demand from property investors wanes, Nationwide Building Society said.
  2008-01-30 11:50:26

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