Mortgage and Financial News From 2007-12-8 Page 18

Previous Day: 2007-12-07

Deal not enough to save US economy from recession
News.com.au - AN interest rate freeze for buckling sub-prime mortgage borrowers in the United States may not be enough to prevent the economy going into recession. The US Government's rescue package, combined with an OECD report forecasting the US would just ...
2007-12-07 02:46:00
Rate cut won't give housing market much help (Reuters via Yahoo! UK & Ireland News)
Homeowners won't get much relief from the Bank of England's quarter-point interest rate cut unless money markets thaw out soon and free up the flow of cash to mortgage lenders.
2007-12-07 07:31:00
US rate freeze not enough (Herald Sun)
AN interest rate freeze for buckling sub-prime mortgage borrowers in the United States may not be enough to prevent the economy going into recession. Wall Street hit its highest level in a month.
2007-12-07 05:00:00
Sub-prime freeze (Adelaide Now)
AN INTEREST-rate freeze for stressed sub-prime mortgage borrowers in the U.S. may not be enough to prevent the world's biggest economy going into recession, analysts say.
2007-12-07 07:03:34

Deal not enough to save US economy from recession