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Australia Readies to Raise Interest Rates, Says Central Bank Chief (Euro Open)
Asia session trading saw Reserve Bank of Australia Governor Glenn Stevens use sharper rhetoric in discussing the certainty of lifting the overnight cash...
Daily FX

Overnight Interest Rate Update 08.14.09
Current Yesterday USD 0.23250 0.23750 GBP 0.53375 0.53750 EUR 0.27188 0.27250 JPY 0.12000 0.12125 CHF 0.07667 0.07500 AUD 3.07000 3.08250 CAD 0.28833 0.32667 NZD 2.55750 2.57500
Daily FX

RBA`s Stevens Invokes Hawkish Language, May Lift `Emergency` Rate
Reserve Bank of Australia Governor Glenn Stevens said that the bank will raise it's 'emergency' level overnight cash rate as the economy recovers from...
Daily FX

Delinquencies in UK buy-to-let mortgages fall
The number of delinquencies has fallen for the first time in two years as borrowers have taken advantage of low interest rates to pay back arrears
FT

Fed Supports Mortgage Market During Settlement Process
The goal of the Federal Reserve's agency MBS program is to provide support to mortgage and housing markets and to foster improved conditions in financial markets more generally. Only fixed-rate agency MBS securities guaranteed by Fannie Mae, Freddie Mac and Ginnie Mae are eligible assets for the program. The program includes, but is not limited to, 30-year, 20-year and 15-year securities of these issuers....(read more)
Mortgage News Daily

RealtyTrac Says Foreclosures Jump in July
Foreclosure filings and related activities continued to increase in July according to figures released by RealtyTrac. Nevada, California, and Arizona continue to lead the nation in the rate of homes in legal difficulty; one out of every 56 home owners in Nevada is in danger of losing his home....(read more)
Mortgage News Daily

Fannie and Freddie Say Rates Ticked Higher Last Week
Good news on the jobs' front led to an increase in most mortgage rates for the week ended August 13 according to the latest Freddie Mac's Primary Mortgage Market Survey released on Thursday. Short term adjustable rate products were the least affected by the data. ...(read more)
Mortgage News Daily

Patel pitches for lower tax on ATF
The Union cabinet on Thursday decided to set up a ministerial group to look into the issue of high ATF prices due to high base prices fixed by the oil marketing companies and high sales tax by state governments.
The Times Of India

We don't think it looks like the Prius at all, says Honda regarding the design of the Insight
The mileage for the electric-gas plug-in hybrid, due out next year, would be the best by far of any car rated by the EPA. General Motors Co. says its long-awaited Chevrolet Volt plug-in hybrid is expected to achieve fuel economy of 230 miles per gallon in city driving.
Autospies.com

A Victim Of ``Reaching Too High``: Acura Decides To Shelve The NSX
The mileage for the electric-gas plug-in hybrid, due out next year, would be the best by far of any car rated by the EPA. General Motors Co. says its long-awaited Chevrolet Volt plug-in hybrid is expected to achieve fuel economy of 230 miles per gallon in city driving.
Autospies.com

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