Mortgage and Financial News From 2008-2-6 Page 17

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• Home loan rates dragged up over 9pc (News Interactive)

  St GEORGE has boosted its standard mortgage rate to 9.02 pc, the first time in over a decade a big bank's variable rate has topped 9pc.
  2008-02-06 06:46:00

• Home loan rates dragged up over 9pc (Perth Now)

  St GEORGE Bank has boosted its standard variable interest rate by 25 basis points to 9.02 per cent, the first time in over a decade a big bank's standard variable rate has topped 9 per cent.
  2008-02-06 06:46:00

• CORRECTING and REPLACING Premier Service Bank Announces Earnings for the Quarter and Year Ended December 31, 2007 (Business Wire via Yahoo! Finance)

  RIVERSIDE, Calif.----First graph, diluted earnings per share for the year ended December 31, 2007 should read: $0.44 .
  2008-02-06 07:25:00

• Do you feel possessed by your credit cards?

  Atlanta Journal Constitution - They were able to refinance and suddenly they didn't have the cushion. All they had were large bills." As if that weren't enough, your credit card companies will be pushing you to spend, spend, spend, especially at the beginning of the year because so ...
  2008-02-06 03:28:00

• BHP's Higher Bid Doesn't Sway Rio Tinto

  BusinessWeek - Some $40 billion of the money will be used to refinance debt incurred from Rio Tinto's July, 2007, acquisition of Canadian mining firm Alcan, while another $15 billion is to be spent on a share buyback. Credit Contraction Is No Obstacle Despite the ...
  2008-02-06 12:29:00

• Vote near in Senate showdown over economy

  CNN Money - It would also provide temporary tax breaks for businesses and contains two measures aimed at helping homeowners get or refinance mortgages. Democrats led by Sen. Majority Leader Harry Reid, D-Nev., are pushing a plan worth roughly $200 billion that ...
  2008-02-06 12:36:00

• Goldman CFO sees less risk in commercial mortgages

  Reuters - Real estate investor Macklowe Properties recently said it may have to sell or refinance the GM building to raise money to repay other obligations. The Goldman executive also remains bearish with regard to "subprime" residential mortgages extended ...
  2008-02-06 01:41:00

• Anvil, BHP, Centro, Santos, Stockland: Australian Stock Preview

  Bloomberg - There is speculation Malaysia's Mulpha International Bhd. and an unnamed Middle East buyer are considering purchasing stock in Centro, the Australian owner of U.S. malls that put itself up for sale after failing to refinance debt, the Australian ...
  2008-02-06 02:02:00

• Charter Mortgage sees applications jump 81 percent

  MSN MoneyCentral - Charter said approximately 65 percent of the applications taken for loans in January, 2007 were for refinance mortgages, as many borrowers sought to lock in low rates. The remaining 35 percent represents mortgages for purchases of new and existing ...
  2008-02-06 02:17:00

• Home loan applications skyrocket in the US

  News.com.au - The Mortgage Bankers Association said its seasonally adjusted index of mortgage applications, which includes both purchase and refinance loans, for the week ended February 1 rose 3 per cent to 1086.6, its highest since the week ended March 26, 2004. ...
  2008-02-06 03:21:00

• Rio Tinto rejects BHP's $165bn bid

  News.com.au - The money will be used to fund a $US30 billion share buyback once the deal is completed and there remainder will refinance Rio's existing borrowing. However, BHP's bid and a potential counter offer from Chinese companies and the Chinese Government ...
  2008-02-06 03:35:00

• Topics: Pennzoil Motor Oils

  New York Daily News - With all the headlines about Federal Reserve rate cuts, it's easy to jump to the wrong conclusion: that you can afford to wait to refinance your ...
  2008-02-06 02:45:00

• Jim Cramer: Data 'Commoditized'; Bloomberg Is 'Google Of Data'

  Forbes - BankingMyWay: On BankingMyWay, which TheStreet.com recently acquired: “What I really in the end is to refinance… I put in my zip code and it has the seven banks around me.” -- Online real estate: Wants to see: sites that aggregate data on ...
  2008-02-06 03:00:00

• Bankrate Shares Fall on Weak 4Q Results

  Forbes - Jeffrey also maintained a "Buy" rating, predicting that the uptick in mortgage refinance volume and Bankrate's ongoing efforts to diversify its content and revenue streams will yield positive long-term results. Copyright 2008 Associated Press. All ...
  2008-02-06 03:21:00

• Wayne Swan to restrain to bank gouging

  News.com.au - This means that the average Australian mortgage of around $300,000 would cost at least $3,000 to refinance because of stamp duty. So why would someone care about $250? Abolish stamp duty and the cost of refinancing would dramatically reduce and ...
  2008-02-06 04:40:00

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