Mortgage and Financial News From 2008-2-19
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Delta-Northwest Merger Could Be Close (WGAL 8 Susquehanna Valley)
Delta and Northwest airlines could merge as soon as today according to newspaper reports.
2008-02-19 10:01:24 -
Spurs Open Second Half Of Season Against Bobcats (KSAT San Antonio)
The San Antonio Spurs return from a successful rodeo-road trip to take on the Charlotte Bobcats on Tuesday night at the AT&T Center.
2008-02-19 10:04:03 -
FDA In Polk County To Investigate Dangerous Candy (WFTV 9 Orlando)
LAKELAND, Fla. -- Food and Drug Administration investigators were in Polk County collecting dangerous candy Tuesday. Last week, a 10-year-old boy found a box cutter blade in a Pokémon lollipop from a Dollar General store.
2008-02-19 10:04:26 -
Former Orlando City Commissioner Makes Last Attempt To Avoid Prison (WFTV 9 Orlando)
ORLANDO, Fla. -- Ousted Orlando city commissioner Ernest Page made one last attempt to avoid prison Tuesday morning, appealing his conviction on corruption charges.
2008-02-19 10:04:38 -
Connecticut Ranks 31st In Highway Safety (Eyewitness News 3 Hartford)
A national report ranks Connecticut 31st in the nation in terms of highway safety.
2008-02-19 10:04:59 -
Judge Rules Against Yale In Property Dispute (Eyewitness News 3 Hartford)
Yale University has lost a property battle with a popular upscale restaurant.
2008-02-19 10:05:03 -
Man Uses GPS To Find His Stolen Truck (KCTV 5 Kansas City)
Michael Filius has his tow truck back, thanks to a little ingenuity and a lot of nerve.
2008-02-19 10:05:59 -
Delta, Northwest Merger Appears Near (KSAT San Antonio)
The merger of Northwest and Delta airlines could be imminent, newspapers report.
2008-02-19 10:06:34 -
Interest rates to move downwards: IBA chief
Economic Times - MUMBAI: Interest rates in the country, after rising over the past few years, are expected to decline further, a top banking official said on Monday. "The banking industry has enough liquidity as the credit-deposit (CD) ratio was around 49-50 per cent ...
2008-02-18 07:00:00 -
Uncertain economy: While officials debate, we’re feeling it in the ...
Sierra Vista Herald - Interest rates and inflation dropped, making homes and other assets worth more and cutting borrowing costs. The spread of easy credit promoted spending. Now, those are drying up and the population is aging. Older households don’t spend as much, and ...
2008-02-17 03:58:00 -
Jumbo mortgages: The best deals
CNN Money - Home prices have fallen 10% or more in once-hot markets, and interest rates on mortgages of $417,000 or less have sunk to their ... Pitch it as a win-win: With one-year CD rates down to an average of 3.5%, you could pay them 5% and still beat their bank
2008-02-18 09:37:00 -
Forex - Pound weakens after UK govt moves to nationalise Northern Rock ...
FXStreet.com - The dollar was meanwhile edging higher after falling throughout last week after Federal Reserve chairman Ben Bernanke kept the door open for further cuts in interest rates due to continuing signs of trouble in the US economy. "Following Bernanke's ...
2008-02-18 01:52:00 -
Mainland producer prices rise 6.1pc
South China Morning Post - To prevent economic overheating, Beijing raised interest rates, curbed bank lending and imposed price controls to check consumer price inflation. The consumer price index - scheduled to be released today - is also expected to climb. Economists widely ...
2008-02-18 07:24:00 -
Midas' Winmill Talks Gold Prices
Street.Com - And prices for commodities like wheat and oil are soaring. "If you have 4.1% inflation, like we do now, yet short-term interest rates remain around 2%, then the consumer is losing to negative real interest rates," says Winmill. "Buying a CD ...
2008-02-18 06:46:00 -
Indian banks have abundant liquidity - IBA chief
Reuters India - Although inflation is a concern, supply and demand of money should be criteria for commercial banks while fixing interest rates, he said. "There is abundance of liquidity, the incremental CD (credit-deposit) ratio has been around 50 percent," Rao said
2008-02-18 04:44:00