Mortgage and Financial News From 2008-1-1 Page 38

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  • Automobile price wars poised to intensify

    Hindustan Times - However, high interest rates did have a marginal impact on two-wheeler sales that went down by 3 per cent. Car sales grew by 16 ... investment to the tune of Rs 64,000 crore in the coming year against an investment of Rs 11,000 crore during the current ...
    2007-12-31 11:40:00

  • Lower economic growth and stock gains on tap for 2008

    Jerusalem Post - While Fridman at Bank Hapoalim expected interest rates to rise from the current 4.25% to 4.5% over the coming year, analysts at Prisma Investment house see interest rates rising to 4.75% and inflation retreating back to the upper bound of the price ...
    2007-12-31 10:31:00

  • Biggest drop for sterling since '92

    Daily Telegraph - The currency's dramatic fall follows news earlier in December of a sudden doubling of the size of Britain's current account deficit, and comes amid growing speculation that the Bank of England will cut interest rates more aggressively than anticipated
    2007-12-31 03:58:00

  • Region joins nation in home sales drop

    NWITimes.com - Mortgage interest rates are near historic lows and the most current data shows decelerating price declines, along with a modest reduction in the number of homes on the market," Yun said. Total U.S. housing inventory declined 3.6 percent at the end of ...
    2007-12-31 10:03:00

  • The Conundrum (Kitco.com)

    A few years back, Alan Greenspan did a lot of talking about “the conundrum”. This occurred when Greenspan was still head of the Fed, before he retired and dumped the mess he had made on Ben Bernanke. At that time the “conundrum” was the stickiness of long term interest rates.
    2007-12-31 09:57:38

  • Current account deficit drops to $5.5 bn (Business Standard India)

    India’s current account deficit during July-September 2007 narrowed to $5.5 billion from $6.3 billion a year earlier. A near doubling of remittances by non-resident Indians (NRIs) kept the current account deficit in check despite a widening of the trade deficit.
    2007-12-31 10:47:22

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