Mortgage and Financial News From 2008-8-31 Page 01
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Bradford & Bingley plunges almost £27million into the red after ... - Daily Mirror
Bradford & Bingley plunges almost £27million into the red after mortgage struggles 30/08/2008 Bradford & Bingley has plunged almost £27million into the red after a big increase in homeowners struggling to pay their mortgages.
2008-08-30 09:39:00 -
Slippery property ladder - Northampton Chronicle
My advice to first time buyers? Rent." Having taken his first steps onto the property ladder, 28-year-old Duncan Woods believes he bought at just the right time "before it all got messy". probably still be in rented accommodation if he held off any ...
2008-08-31 02:14:00 -
Video: Answer Desk - MSNBC
In this week's video Answer Desk, msnbc.com's John W. Schoen has some advice on how to avoid giving the government more of your money than you need to. That could turn out to be bad news for Fannie and Freddie's shareholders — who have already lost ...
2008-08-31 12:44:00 -
Homeowner fraud exacerbates mortgage crisis - Riverside Press Enterprise
Some homeowners tempted to buy a more affordable house in a declining market have committed fraud to ditch the supersized mortgage they no longer want. This month, Fannie Mae, the giant government-sponsored enterprise that buys and guarantee ...
2008-08-29 05:54:00 -
Advice on financial costs of cancer (The Courier)
CANCER PATIENTS anxious about whether they will survive have to struggle with the added worry of how they will pay their bills, according to a recovering cancer sufferer from Dundee, writes Marjory Inglis, health reporter.
2008-08-31 04:53:57 -
Rainy day fund (BBC News)
How to save during the credit crunch - ask our experts
2008-08-31 07:06:28 -
Commonwealth Bank makes strategic investment in Aussie (Thaipr.net)
The Commonwealth Bank Group announced that it has reached an agreement with the founder and Executive Chairman of Aussie, John Symond to acquire a 33 per cent share in his industry leading company Aus
2008-08-31 07:07:49 -
Marriage, birth or divorce? It's time to reassess your finances (Dallas Morning News)
There are very few life occurrences that don't have some sort of connection to money.
2008-08-31 09:55:43 -
Biz Monday: Mortgage business a daily challenge (The News-Press)
Name: Wendy S. Gault
2008-08-31 10:24:26 -
Pencil in 2010 as the start of recovery from the recession - Daily Telegraph
The UK is currently entering a recession. When, and how, will it end? The Bank of England, for the time being, is in no position to help. It must be able to demonstrate convincingly that the present upsurge of inflation is temporary, and that ...
2008-08-31 05:45:00 -
Export boom sparks trade surplus - The Age
A jump in exports driven by high resource prices won't derail the Reserve Bank's interest rate cuts, expected to begin tomorrow, even if the central bank recognises an inflation threat remains. The current account deficit narrowed to $12.7 billion in ...
2008-08-31 08:01:00 -
Sterling slides on worries about economy - International Herald Tribune
TOKYO : Sterling fell versus the dollar to its lowest level in more than two years and slid to a record low against the euro on Monday, after comments by Britain's finance minister highlighted the UK economy's weakness. Britain's economic downturn ...
2008-08-31 05:52:00 -
Banks have 'significant incentive' to withhold rate cut - Big Pond News
Consumer group Choice has calculated the top five big banks will make $3.4 million for each day they do not pass on a 0.25 of a per cent interest rate cut. It says it is concerned that while National Australia Bank and the ANZ have committed to ...
2008-08-31 08:51:00 -
RPT-POLL-Indonesian August inflation at 11.9 pct, near 2-yr high - Forbes
JAKARTA, Sept 1 (Reuters) - Indonesia's annual inflation will probably come in at 11.9 percent in August, the same rate as in July and the highest in nearly two years, a Reuters poll showed, increasing the likelihood of another rate hike next week ...
2008-08-31 09:48:00 -
High inflation reduces scope of rate cuts - News.com.au
INFLATION remained elevated in August, reducing the scope for interest rate cuts beyond that expected to be made by the central bank tomorrow, a private sector survey shows. The TD Securities-Melbourne Institute monthly inflation gauge, released ...
2008-08-31 06:13:00