Mortgage and Financial News From 2008-2-5 Page 12

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• Australia bucks world trend with rate rise

  Financial Times - Australia’s strong economic growth, driven by commodity exports to China and other fast-growing economies, was underlined on Tuesday when interest rates were pushed to their highest in nearly 12 years in an effort to contain inflation. The Reserve ...
  2008-02-05 12:59:00

• Stocks suffer worst one-day fall in a year

  Financial Times - Jeffrey Lacker, Federal Reserve Bank of Richmond president, said in prepared remarks to banking leaders in Charleston, West Virginia, that he sees “the possibility of a mild recession’’ and added that further reductions in interest rates may be ...
  2008-02-05 06:57:00

• Solid Yields Despite Low Interest Rates - HoweStreet.com

  Solid Yields Despite Low Interest RatesHoweStreet.com, Canada - 13 hours agoAnd in light of the recent Fed actions to push interest rates down so far, so fast, he asked me to share my thoughts on income investments. ...
  2008-02-05 08:15:59

• Artists' best interests? RIAA presses for lower royalties - Ars Technica

  Artists' best interests? RIAA presses for lower royaltiesArs Technica, MA - 11 hours agoThe groups think that the current mechanical rate of about 9 cents, used to calculate how much songwriters get from CD sales, is too high. ...
  2008-02-05 09:52:43

• Alpine Bank opens Roscoe branch - Beloit Daily News

  Alpine Bank opens Roscoe branchBeloit Daily News, WI - 7 hours ago... will get to draw a key for additional cash and prize winnings, or spin the “Wheel of Deals” for a lower loan rate or a higher interest rate on a CD. ...
  2008-02-05 02:15:11

• Apple iPhone - 16GB (AT&T) - CNET Reviews

  Apple iPhone - 16GB (AT&T)CNET Reviews - 3 hours agoPhysically flipping through your music collection in the iPhone's Cover Flow mode really brings back the visceral feel of digging through a CD or record bin ...
  2008-02-05 05:50:11

• 2008 Infiniti G35 x 4dr Sedan AWD (3.5L 6cyl 5A) - CNET Reviews

  2008 Infiniti G35 x 4dr Sedan AWD (3.5L 6cyl 5A)CNET Reviews - 3 hours agoOne particularly cool thing about this stereo is that its CD player uses a 24-bit digital audio converter (DAC), much better than the 16-bit DACs found in ...
  2008-02-05 06:15:11

• You can't spend your way to solvency - Augusta Chronicle (subscription)

  You can't spend your way to solvencyAugusta Chronicle (subscription), GA - 3 hours agoWhen I lose in the market or by having bought a bank CD when they cut the interest rate, are you going to bail me out? Why not? Congress should not bail out ...
  2008-02-05 06:17:47

• Artists' best interests? RIAA presses for lower royalties (Ars Technica)

  The RIAA argues that songwriters deserve even less cash for digital downloads than they get from CD sales, but it's the music stores—Apple, Amazon, etc.—that want to cut rates the most. Read More...
  2008-02-05 10:12:59

• 2008 Infiniti G35 Journey (CNET)

  The 2008 Infiniti G35 is comfortable in a commute and fun for sport driving, while its cabin tech options are on the leading edge, offering rich navigation, good music options, and Bluetooth cell phone integration.
  2008-02-05 04:28:20

• Stimulus success depends on spending

  AZCentral.com - Proponents say a surge in buying could kick-start the economy from its current ... is upon us, there is evidence that the collapse in the housing and mortgage markets ... At the same time, the personal savings rates as the rebates were given out jumped ...
  2008-02-05 07:26:00

• Allan Moss to retire from Macquarie Group

  News.com.au - ... similar falls for finance stocks on Wall Street overnight as the sub-prime mortgage ... We expect to again achieve record profits in our current financial year and there ... recruit staff as tight labour market conditions ease due to higher interest rates ...
  2008-02-05 07:40:00

• Valley companies work to sublease unused office space

  AZCentral.com - ... through '08, which started well before the credit (crunch) started, our vacancy rates ... Scottsdale as a whole accounts for 637,659 square feet, or 40.2 percent, of the current sublease supply in the Valley, CBRE data show. "Clearly the mortgage ...
  2008-02-05 08:01:00

• 'Razor gang' shaves $642m off govt spending

  News.com.au - ... the 2008 budget to start relieving the pressure on inflation and interest rates. ... outlays by $642 million over four years, including $243 (million) in the current ... Moss to retire from Macquarie Group 8. Kiss your money goodbye 9. CBA hikes mortgage ...
  2008-02-05 06:35:00

• America's credit woes spread to car loans - Financial Post

  America's credit woes spread to car loansFinancial Post, Canada - 5 hours ago"If I've got to pay for a bigger mortgage or I have to pay for higher gasoline costs, then I have less to pay for my car." The attractive finance rates, ...
  2008-02-05 03:51:28

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