Mortgage and Financial News From 2007-10-23 Page 5

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  • Stude Ham from Outremont, Canada writes:

    Globe and Mail - My mortgage is $800,000! Plus utilities, plus federal taxes and provincial taxes and now more municipal taxes!!! Sheesh. I may have to sell my Volvo SUV as I can barely afford the $1100 monthly payments on it. For crying out loud, its getting to the ...
    2007-10-23 04:18:00
  • Onorato, Ravenstahl Announce New Joint Energy Purchase Plan (WTAE-TV Pittsburgh)

    Allegheny County Chief Executive Dan Onorato and Pittsburgh Mayor Luke Ravenstahl announce a consolidation plan to buy energy.
    2007-10-23 03:29:08
  • San Luis Trust Bank Announces Third Quarter Earnings

    MSN MoneyCentral - SAN LUIS OBISPO, Calif., Oct. 23, 2007 (PRIME NEWSWIRE) -- San Luis Trust Bank (OTCBB:SNLS) earned $1.05 million during ... Specific factors include, but are not limited to, the effect of interest rate changes, the ability to control costs and expenses ...
    2007-10-23 11:10:00
  • Polish Zloty Rises After Election, on Outlook for Interest Rate

    Bloomberg - Polish Zloty Rises After Election, on Outlook for Interest Rate By Yon Pulkrabek Oct. 23 (Bloomberg) -- Poland's zloty traded near ... Prime Minister Recep Tayyip Erdogan said his country is ready to attack the rebels at any time and called on the U.S. to ...
    2007-10-23 07:28:00
  • Monroe Bancorp Reports Year-to-Date Net Income Growth of 7.5

    MSN MoneyCentral - BLOOMINGTON, Ind., Oct. 23, 2007 (PRIME NEWSWIRE) -- Monroe Bancorp (the "Company") (Nasdaq:MROE), the independent ... include, but are not limited to: (1) competitive pressures among depository institutions; (2) changes in the interest rate ...
    2007-10-23 01:26:00
  • Riverview Bancorp, Inc. Earns $2.4 Million in Fiscal Second Quarter ...

    MSN MoneyCentral - VANCOUVER, Wash., Oct. 23, 2007 (PRIME NEWSWIRE) -- Riverview Bancorp, Inc. (Nasdaq:RVSB) today reported that ... on interest-earned assets 8.31% 8.32% 8.37% 8.28% Average rate paid on interest-bearing ...
    2007-10-23 12:57:00
  • Howard's $4bn bid for grey vote

    News.com.au - PRIME Minister John Howard has unveiled a $4 billion pitch for the grey vote to ... the utilities support allowance would have that increased from the current rate ... than desirable, raising the possibility of another upward movement in interest rates.
    2007-10-23 02:02:00
  • Infinera Corporation Reports Third Quarter 2007 Financial Results

    MSN MoneyCentral - SUNNYVALE, Calif., Oct. 23, 2007 (PRIME NEWSWIRE) -- Infinera Corporation (Nasdaq ... needs and develop new or enhanced products to meet those needs; the adoption rate ... Interest income 2,459 849 3,373 1,644 Interest ...
    2007-10-23 01:05:00
  • Sub prime mortgages: the truth behind the crisis

    Best Syndication - Many have lost their homes because they could not afford to keep up with repayments owing to interest rate rises and various other factors that have bumped their repayment figures up. By offering those individuals one of the sub prime mortgages out ...
    2007-10-23 12:36:00
  • How should the RBI deal with the soaring forex inflows?

    Economic Times - Interest rate hikes are hurting. And hurting deep. Today, the prime lending rate (PLR) of the banks varies between 12.75% and 13.25%. That means no SME can get working capital loan at less than 15%. Even if I were to disbelieve the latest WPI ...
    2007-10-23 05:15:00
  • Countrywide offers borrowers $16bn bail-out

    Times Online - The mortgage lender has sold a swathe of mortgages to people on low incomes with poor credit histories, known as sub-prime mortgages. The loans had a tempting introductory interest rate which, over the past few months, has jumped and triggered a ...
    2007-10-23 11:17:00
  • PM denies election spending will cause rate rise

    Australian Broadcasting Corp. - Prime Minister John Howard has denied the election campaign splurge will have upward pressure on interest rates and, on the eve of a report on inflation figures, Treasurer Peter Costello has warned the banks against raising their rates beyond the ...
    2007-10-23 11:10:00
  • Earnings Per Share Rises 71% at Bank of Florida Corp.

    Forbes - ... presently a negative 24 basis point spread between the floating rate payment and the fixed rate receipt, this spread is designed to turn positive if the prime rate falls 25 basis points, resulting in additional net interest ...
    2007-10-23 03:56:00
  • Prime Minister John Howard braces for inflation figures

    News.com.au - The Prime Minister, in a message posted on YouTube this morning, accuses Kevin Rudd of “weak” leadership, suggesting ... A high figure could make an interest rate rise next month inevitable - unprecedented in an election campaign. A moderate figure ...
    2007-10-23 04:04:00
  • Cascade Financial Third Quarter Earnings Per Share Increased 16 ...

    MSN MoneyCentral - Net Interest Margin & Interest Rate Risk "Despite the credit crunch and upheaval in the sub-prime and leveraged buyout markets, loan pricing remained very competitive in our market. Nonetheless, our margin expanded 13 basis points to 3.37% compared ...
    2007-10-23 02:59:00