African Central Banks too slow on raising interest rates- IMF
African Central Banks may be too slow in raising interest rates, threatening their control over inflation as economic growth on the continent recovers and fuel and food prices surge, the … View full post on All Stories
Prospect of shortage drives US T-bill yields down
Interest rates demanded by investors to hold short-term Treasury bills sank to record lows on Tuesday View full post on All Stories
Sir Fred Goodwin’s super-injunction handed to MPs
Treasury select committee to determine whether there is a public interest in publishing the former RBS chief’s injunction. View full post on All Stories
Lower Credit Card Interest Reduces Bank Margin
JAKARTA (IFT) – Bank Indonesia (BI)’s request to banks to decrease credit interest has both positive and negative impact on the customer and banking industry, that of decreasing the margin of credit card issuer banks, so said some bankers and economists. Irman A. Zahirudin, Managing Director at PT Bank Tabungan Negara Tbk (BBTN), said that [...]
US investigates banks over credit crisis ‘cartel’ claim
The US authorities are considering invoking anti-cartel laws against some of the world’s biggest banks, in an investigation into whether they colluded to manipulate interest rates during the … View full post on All Stories
Portuguese bailout edges closer
Interest rate on Portugal’s debt soared to 5.9% for the €1bn bond auction, up from 4.3% just three weeks ago, adding to the sense of crisis in the eurozone Pressure continues to mount on the Portuguese government to accept an international bailout after the interest rate on a new debt-issue jumped to a record level [...]
Mortgages rates rise as Treasury signals sell-off
Mortgage interest rates reversed course this week, rising as the U.S. Treasury began selling off mortgage-backed securities and investors’ optimism about the U.S. economy overcame concerns about global events. View full post on All Stories
Bill on small-loan interest rate dies
A bill that would allow the Legislature to set the maximum rate of interest for loans of less than $5,000 died in a Senate committee Tuesday. View full post on All Stories
Student Loans: Helping Hand For Students
Student loans are really a convenient way of meeting our academic dreams. These are given basically to the college students who have enrolled in a college and have completed at least one semester of their course. These are provided generally to all those students who are not able to fulfill their dreams of higher studies. [...]
Mortgage tax breaks could be sacrificed for deficit reduction
By Kenneth R. Harney, Special to the Times Friday, February 25, 2011 Housing tax breaks could be on the block WASHINGTON — Just because President Barack Obama’s latest budget proposal calls for rollbacks in mortgage interest deductions solely for high-income taxpayers, should you assume that all of your write-offs as a homeowner are secure from [...]
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Lending News- Mortgage rates fall to new low–again
- Mortgage rates fall to record low
- Mortgage rates fall to record low
- Japan announced food aid to Nepal
- Fed leaves rates steady
- Microloan demand grows in the West Bank and Gaza Strip, despite the risks
- Big Banks Slack on Maintaining Foreclosed Homes in Minority Areas, Complaint Charges
- IMF aid becomes Egyptian political football
- Mortgage rates virtually unchanged in latest week
- In land of no loans, consumer debt mounts
- Personal Loans
- Realty Trac: foreclosures dropped to lowest level since 2007
- Bonded labor ensnares entire families
- Ally mortgage unit files bankruptcy
- Massachusetts Lawmakers Unveil Ambitious Plan To Cut Health Care Costs
- Ethnic minorities call for caution as sanctions ease
- Dubai’s bounced-check convicts go on strike
- Short sales up in housing market
- Short sales up in housing market
- Stocks slide Wednesday following Tuesday’s big gains
- Big Banks Slack on Maintaining Foreclosed Homes in Minority Areas, Complaint Charges
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- Plane with newly-inaugurated Hollande hit by lightning, trip to Germany delayed
- Mortgage rates fall to new low–again
- U.S. stocks tumble Tuesday over Greek woes
- Gingrich set to endorse rival Romney
- Thousands of Libyans still afraid to return home
- Costco to offer mortgages
- Bank of America sees profits drop
- Short sales up in housing market
- Mortgage rates decline in latest week
- Mortgage rates virtually unchanged in latest week
