Mortgage and Financial News From 2008-3-30 Page 3
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Cheap fixed mortgages at end, say lenders (Daily Telegraph)
Mortgage experts predicted the death of the cheap two-year mortgage last night, after yet another major lender withdrew a string of its most popular deals.
2008-03-30 04:32:08 -
House prices 'could fall 25pc in two years' (Daily Telegraph)
Home owners could see 25 per cent wiped off the value of their properties within two years, a leading economist has warned.
2008-03-30 04:32:28 -
A Nervous Wall St. Seems Unsure What’s Next (NYTimes.com via Yahoo! Finance)
Most everyone wants to know when will the financial crisis end. So far, despite the government’s efforts, the markets are whispering an answer that no one wants to hear.
2008-03-30 04:40:04 -
U.K. House Prices Decline for a Sixth Month, Hometrack Says (Bloomberg.com)
March 31 (Bloomberg) -- U.K. house prices fell for a sixth month in March as banks curtailed lending and consumers lost confidence in the property market, Hometrack Ltd.
2008-03-30 04:46:34 -
Overhaul of Wall Street regulation doesn't address current crisis (International Herald Tribune)
The debate in Washington is entering a new phase, with more and more calls for broad help for homeowners to keep the economy from going into what some fear could be a deep recession.
2008-03-30 04:53:37 -
My Account (Prince George Citizen Online)
WASHINGTON - In proposing the broadest overhaul of financial oversight since the Great Depression, the Bush administration has kicked off a fierce debate. It pits those eager to revamp an antiquated system against an industry opposed to excessive regulation.
2008-03-30 02:40:29 -
Sweeping Overhaul of Fed Proposed (WBOC Salisbury)
WASHINGTON (CBS/AP) - The Treasury Department wants to empower the Federal Reserve to force American businesses to clean up their acts: no more bad loans, no more over-extended investments.
2008-03-30 02:51:55 -
A Nervous Wall St. Seems Unsure What?s Next (New York Times)
Most everyone wants to know when will the financial crisis end. So far, despite the government?s efforts, the markets are whispering an answer that no one wants to hear.
2008-03-30 02:54:04 -
Examiner.com Related Articles: (The San Francisco Examiner)
Paulson, the former chairman of the investment bank Goldman Sachs Group Inc. ( GS , News ), wants to streamline the regulatory system through steps such as merging the Securities and Exchange Commission and the Commodity Futures Trading Commission and incorporating the functions of the Office of Thrift Supervision into the office of the Comptroller of the Currency.
2008-03-30 02:56:15 -
Opes losses expected to shake investor confidence (Australian Broadcasting Corporation)
The Australian sharemarket is bracing for more trauma today after the spectacular unravelling of Melbourne stockbroking firm Opes Prime.
2008-03-30 03:07:20 -
Wall Street Awaits Government Plan (Bay News 9 Tampa Bay)
By JOE BEL BRUNO NEW YORK (AP) -- While Wall Street faces the biggest overhaul of its regulatory structure since the Great Depression, analysts are already wondering if the plan to be announced by Treasury Secretary Henry Paulson on Monday would help prevent the kind of risky investments that led to the near-collapse of Bear Stearns Cos.
2008-03-30 03:13:41 -
Tougher times ahead for Chinese investors (AFP via Yahoo! UK & Ireland Finance)
The good times may be over on China's once soaring equity markets, but college student and stock punter Jason Zhao has a piece of advice for the nation's jittery investors: don't panic and sell.
2008-03-30 03:31:40 -
Special Report: Some Licking County residents dealing with the foreclosure blues (Newark Advocate)
NEWARK -- About 10 years ago, Malissa and Scott Moran bought their first home on North Ninth Street.
2008-03-30 04:09:32 -
Foster tapes Democrats†radio address (Northwest Herald)
After just three weeks in office, Rep. Bill Foster, D-Geneva, will offer his views this morning in a weekly radio address on a struggling economy and how a bipartisan approach is necessary to make change.
2008-03-30 04:12:45 -
Will gas prices tank summer trips? (Northwest Herald)
When writing out a summer vacation budget this year, take some advice from oil analysts: Use a pencil.
2008-03-30 04:16:09
