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News about Mortgages:
Official interest rates slashed to 5% - ONE NewsThe Reserve Bank has pushed official interest rates to their lowest level in five years, slashing them by a remarkable 1.5 percentage points to 5%. The central bank has presented a grim picture of the economy caught up in global financial turmoil ...
Reserve Bank cuts NZ interest rate - Skynews.comThe New Zealand Reserve Bank pushed official interest rates to their lowest level in five years, slashing them by a remarkable 1.5 per centage points to 5 per cent. The central bank presented a grim picture of the economy caught up in global ...
How deep will Dr Bollard cut? - StuffAny suggestion the Reserve Bank could cut official interest rates by 1.5 percentage points in one fell swoop would once – say, earlier this year – have been greeted with derision. But in this remarkable year, several sober economists are now ...
Bernard Hickey : Better off despite crunch - New Zealand HeraldPetrol and diesel prices have crashed more than 30 per cent since hitting a record high in July. Lower demand from China and the United States has sucked the crude oil price from a peak of almost US$150 a barrel midway through the year to under US$50 ...
Kill the competition: Deserting Tesco ... Recession official ... - Times OnlineThe Times : Tesco's customers are defecting to its supermarket rivals Asda and Morrison at record rates, suggesting its discount-focused marketing backfired. New York Times : The National Bureau of Economic Research officially declared the US went ...
IN BRIEF: News around Downriver - News-HeraldThe Detroit Zoo will be open from 10 a.m. to 4 p.m. daily through March 31, though it’ll be closed on Christmas and New Year’s Day. Winter visitors often find that when the temperature drops, many of the animals become more active outdoors. There ...
Jerome Chen's blog - Foreign Policy BlogsAs the global economic environment continues to worsen, the People's Bank of China has cut its key one year interest rate by 1.08 percent to 5.58 percent. It has also lowered the required reserve ratio that banks must maintain. This comes as the ...
A look at economic developments around the world - Miami HeraldLONDON - Mortgage lending in Britain was down 44 percent in October compared with a year ago, the Council of Mortgage Lenders said. Meanwhile, government statistics showed that British retail sales fell only 0.1 percent in October from September, and ...
Households struggling as 'mortgage stress' spreads - Australian Broadcasting Corp.The western and south-western suburbs of Sydney suffered first and continue to be badly affected, but now they are being overtaken by the Gold Coast, the New South Wales Central Coast and areas around Newcastle. According to the study, Perth is also ...
Consumer Confidence - Orlando SentinelCitigroup: 70,000. Wachovia: 10,000. Merrill Lynch: 5,100. Some of the biggest names in finance have been forced to shed thousands of jobs from their banking, mortgage and brokerage arms amid the economic calamity roiling the world's markets. Even ...
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