Mortgage and Financial News From 2008-4-11 Page 2
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British Pound Falls to a Record Low (AME Info)
** Kathy Lien will be a Featured Guest on Fox Business' Opening Bell April 14 to 18; Tune in 9am to 10am ET! After a quiet start to the week, volatility has returned to the currency market.
2008-04-11 03:33:02 -
Wachovia announces change in loan guidelines (The Rock Hill Herald)
CHARLOTTE -- Amid deteriorating conditions in some housing markets, Wachovia on Friday said it will change the way it evaluates potential mortgage borrowers, including requiring minimum credit scores and requiring verification of assets and employment.
2008-04-11 09:56:25 -
Jeremy Warner's Outlook: Darling wants a better early warning system – now where have we heard that before? (Independent)
For long-standing observers of the capital markets, the present chorus of calls from lawmakers for an early warning system to identify the potential crises of the future is wearily familiar – as indeed are similarly framed demands for root-and-branch reform of the "global financial architecture".
2008-04-11 04:14:04 -
Home loan report: Relative calm restored for now (Stuff)
The mortgage market has been noticeably calmer over the past week with few changes in rates. After the recent general upswing in loan rates this will be welcome news for anyone who needs to refinance now.
2008-04-11 08:13:54 -
Letters: Pop festivals (Independent)
Sir: You report on the travails of Glastonbury Festival, which is struggling to attract sufficient numbers ("Has Glastonbury lost its mojo", 9 April). All of the reasons you give are doubtless partly why the event has lost its lustre, but the article should also have examined the state of the major British festivals as a whole, and the changing consumer response to them.
2008-04-11 04:23:06 -
Revealed: the truth behind the housing market scare stories (Independent)
The stream of bad news coming out of the housing market has grown into a torrent in recent weeks, with stories of falling house prices, withdrawn mortgage rates and warnings about payment shocks.
2008-04-11 04:31:43 -
Sterling gives up more ground against the euro (The Herald)
The pound tumbled to a record low against the euro for a fourth consecutive session on the foreign exchange markets yesterday as traders speculated that the Bank of England will have to keep cutting base rates to fend off a painful economic downturn created by the US sub-prime mortgage fiasco and global credit squeeze.
2008-04-11 04:47:27 -
Daily Briefing: GE's stumble disappoints Wall St. (Memphis Commercial Appeal)
Wall Street stumbled Friday after a disappointing first-quarter report from General Electric Co. surprised the market and stoked concern about the health of both corporate profits and the wider economy.
2008-04-11 10:04:19 -
My Ex Is a Deadbeat (Kiplinger Magazine via Yahoo! Finance)
Your financial questions answered.
2008-04-10 07:21:16 -
Anchorage-area housing holding its value (Anchorage Daily News)
While the likelihood of falling home prices is increasing in some parts of the country, the risk of values dropping over the next two years remains low in the Anchorage area, according to a national study released this week.
2008-04-11 08:55:15 -
Free tax help available for many (Atlanta Journal-Constitution)
Procrastinators take note -- time is running out to file your taxes.
2008-04-10 08:27:50 -
Imprudent investment by NICL costs exchequer dearly (Business Recorder)
ISLAMABAD (April 12 2008): According to the Auditor General of Pakistan's report for 2005-06, presented before the National Assembly on Friday, National Insurance Company Limited (NICL) could have invested 50 percent surplus funds in two banks at the highest offered rate of return.
2008-04-11 05:05:24 -
The magic number for retirement (MSN Money Canada)
A new calculator reduces all your retirement planning to a single figure. It's a handy and useful guide, but can you handle the answer? Roger Ibbotson has a problem with most retirement calculators. They're either too simple or too complex, and sometimes they're both at the same time.
2008-04-10 09:04:27 -
Group: Hospitals Need More Kid Drug Safety (WSMV Nashville)
The organization that accredits most hospitals has some tips on preventing drug errors in young patients.
2008-04-11 06:00:35 -
HSBC Withdraws Market-Leading Mortgage (The Motley Fool)
HSBC is about to withdraw its market-leading mortgage deal for borrowers who have less than a 20% deposit.
2008-04-11 11:56:26