Mortgage and Financial News From 2008-5-30 Page 9
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UK Median Pay Awards Slip To 3.2% In 3 Months To April - Study (Nasdaq)
LONDON -(Dow Jones)- U.K. pay settlements softened to their lowest level since November in the three months to the end of April, suggesting that the slowing economy may be weighing on employees' ability to demand higher wages.
2008-05-30 05:54:20 -
Mortgage Approvals Slump Still Causing Misery (PRWeb)
This week Greenhill finance have continued to notice a dramatic down turn in mortgage lending while there are still less options for borrowers causing many to have increased payments. (PRWeb May 30, 2008) Read the full story at http://www.prweb.com/releases/2008/05/prweb982124.htm
2008-05-30 07:35:22 -
UPDATE 1-Centro shares on trading halt ahead of deadline - Reuters
MELBOURNE, May 30 (Reuters) - Centro Properties Group (CNP.AX: Quote , Profile , Research ), one of Australia's highest profile casualties of the global credit crunch, requested a trading halt of its shares on Friday ahead of a refinancing deadline ...
2008-05-29 04:44:00 -
Pimco's Auction-Rate Holders Fail to Get Satisfaction (Update1) - Bloomberg
May 30 (Bloomberg) -- David Chandler is tired of waiting for Pacific Investment Management Co. to decide whether to help investors trapped by the collapse of the $330 billion auction- rate securities market. The retired commodities trader and lawyer ...
2008-05-30 06:13:00 -
A bit about the Federal Housing Authority - Chicago Tribune
Overseen by the Department of Housing and Urban development, FHA loans were created during the Depression to help borrowers who might not otherwise qualify for a mortgage. With more forgiving credit requirements and the option for low and gifted down ...
2008-05-30 04:40:00 -
LSR Group assigned 'B+' long-term foreign currency IDR, outlook stable ... - CNBC
MUMBAI (Thomson Financial) - Fitch Ratings said it assigned real estate developer and building materials company OJSC LSR Group its 'B+' long-term foreign currency issuer default rating and senior unsecured rating. The outlook for the long-term IDR ...
2008-05-30 06:13:00 -
BaBB focuses on River Garden (Brattleboro Reformer)
Friday, May 30 BRATTLEBORO -- It's been a year since Andrea Livermore took over as the executive director of Building a Better Brattleboro.
2008-05-30 03:14:12 -
Russia's Alrosa mulls up to $1 bln Eurobond - CEO (Reuters via Yahoo! Singapore News)
MOSCOW, May 30 - Russian diamond miner Alrosa may issue up to $1 billion in Eurobonds before the end of this year to refinance short-term debt, the company's president Sergei Vybornov said on Friday.
2008-05-30 04:11:56 -
QUICK POLL (GlobeSt.com)
Can a branding shift help a real estate firm during a downturn? PITTSBURGH-The 285,000-sf Two Chatham Center and its 2,300-space parking garage have been used to secure a $47-million loan from a life company lender.
2008-05-30 04:17:48 -
U.K. Stocks Advance, Led by Airlines on Crude; Carnival Climbs (Bloomberg.com)
May 30 (Bloomberg) -- U.K. stocks rose, led by airlines and travel stocks after the price of crude oil dropped in New York. British Airways Plc and Carnival Plc rallied as higher energy prices reduced demand for gasoline and jet fuel.
2008-05-30 05:36:06 -
(AFX UK Focus) 2008-05-30 13:32 Alrosa President Vybornov says IPO could take place in 2009 UPDATE (Interactive Investor)
(updates to add details on Alrosa's investment plans)
2008-05-30 05:52:44 -
Incomes, Spending Slow in April (BusinessWeek)
Consumer spending barely budged and growth in personal income slowed sharply, despite the start of the U.S. government's economic-stimulus payments
2008-05-30 06:58:20 -
Libor credibility questioned by Barclays strategist - Daily Telegraph
The authority responsible for the London Interbank Offered Rate is to rule on a proposed overhaul of the benchmark measurement as new criticisms surface about Libor's credibility. The Foreign Exchange and Money Markets Committee meeting comes after ...
2008-05-30 02:31:00 -
First Direct reduces mortgage rates - MyFinances.co.uk
First Direct is cutting interest rates on two mortgage products by up to 0.20 per cent. With effect from tomorrow First Direct will cut the cost of its two-year fixed-rate deal to 5.59 per cent (6.3 per cent APR). The offer comes with a £499 booking ...
2008-05-30 01:41:00 -
Rates on 30-year mortgages jump to 6.08% - Chicago Sun-Times
Rates on 30-year mortgages jumped this week to the highest level since mid-March as investors began to worry about what the Federal Reserve will do to combat growing inflation pressures. Freddie Mac, the mortgage company, reported Thursday that 30 ...
2008-05-30 01:41:00