Mortgage and Financial News From 2008-6-20 Page 9

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• Property sales plunge in May, some price falls too - Harcourts (The New Zealand Herald)

  House sales plunged in May and values fell in some areas compared with a record month last year, real estate company Harcourts said today.
  2008-06-20 10:43:27

• Dollar sags as traders bet that Fed will delay rate rise (International Herald Tribune)

  The dollar on Friday was headed for its biggest weekly decrease against the euro in almost three months on speculation that the Federal Reserve will delay increasing borrowing costs to prevent further credit market write-downs.
  2008-06-20 10:46:45

• The foreclosure fight is on (Douglas County News Press)

  The day Margaret Sadler agreed to sign the promissory note for her daughter's house, the last person who wanted to hear about it was her husband.
  2008-06-20 10:49:39

• Hometown gets preview of film on scientist's work (The New Zealand Herald)

  Pukekohe farmboy whose interest in human evolution led him to Otago University and the University of California will be honoured in his hometown tomorrow.
  2008-06-20 10:49:45

• How will high inflation hit second quarter corporate results? (Hindustan Times)

  With inflation going through the roof, corporate India is feeling the heat. Year-on-year growth in input costs, interest rate and rising bills for power, fuel, salaries and wages are eating into their margins.
  2008-06-20 10:50:22

• Zim, Malaysia trade grows steadily (The Herald)

  TRADE between Zimbabwe and Malaysia has swollen beyond US$100 million over the past five years, still critically low, but has room to expand.
  2008-06-20 10:50:58

• SLV Silver ETF (Kitco.com)

  On April 28th, 2006, Barclays launched the first silver exchange-traded fund in the US. Traded on the AMEX as SLV, the iShares Silver Trust was eagerly anticipated by silver investors ahead of its birth.
  2008-06-20 10:52:34

• WHAT UP WITH THE MEXICAN PESO ?? (GoldSeek.com)

  At the same time the US Federal Reserve relaxed its rules, expanded it Lending Facilities, and rescued big US bank balance sheets with massive swaps of USTreasury Bonds for impaired private mortgage bonds, the Mexican Peso rose. See the March timeframe. It rose above the 93.5 critical resistance.
  2008-06-20 10:54:51

• No ‘Easy Decision’ for Obama on Public Financing - Wall Street Journal

  Democratic presidential candidate Barack Obama announced that he would become the first presidential candidate to forgo public financing of his general election campaign since the system was established three decades ago. Obama’s Republican ...
  2008-06-19 12:30:00

• Bad Credit Home Equity Loans – For Adverse Circumstances - Best Syndication

  Now that market price of your home has substantially gone up and in the mean time you have repaid a larger part of the loan that you took to buy the dwelling place, you would like to explore it for extracting some finance from it, though you have a ...
  2008-06-17 05:55:00

• Budget is your personal trainer - News.com.au

  RISING interest rates have made borrowing money much more expensive, so how do we manage our spending? Smart Money Editor ANTHONY KEANE and Business Reporter MEREDITH BOOTH ask a panel of experts.
  2008-06-18 05:54:00

• Silver Shorts Reported (GoldSeek.com)

  *** Admonishment from China and the decline of U.S. credibility…not-so-good news from Argentina…and more!
  2008-06-18 11:26:26

• Should You Pay Off Your Mortgage Before You Retire? (US News & World Report)

  5 things to consider in deciding what's right for you.
  2008-06-19 09:14:47

• Dollar Heads for Weekly Drop on Pared Bets Fed to Raise Rates (Bloomberg.com)

  June 20 (Bloomberg) -- The dollar was headed for its biggest weekly drop against the euro in almost three months on speculation the Federal Reserve will delay increasing interest rates to protect the U.S. economy.
  2008-06-20 08:04:51

• Credit Crisis Interview: Todd Sinai on Home Values (Knowledge at Wharton)

  Don't think of your house as an investment comparable to savings or a stock portfolio, says Wharton finance professor Todd Sinai. He is one of seven Wharton professors interviewed by Knowledge@Wharton for this special report on the credit crisis.
  2008-06-20 09:43:22

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