Big Market Rally, Behind the Fed€™s New Bailout, Oil to New Highs ...

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The Shanghai Composite fell 2.3% on rumors the Chinese central bank is planning to hike rates again€¦ and the government is devising more ingenious ways to stymie inflation in their fledgling capitalist economy. Mortgage enablers Fannie ...

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Getting The Best Mortgage Rates Posted By : Kozen Huseyin As speculations are arising about the state of the US economy, many are wondering whether it is still possible to get the lowest home mortgage rates. Even other parts of the world may face the effects of the US economy. ... Is It Still Possible To Get The Lowest Home Mortgage Rate? Description: As speculations are arising about the state of the US economy, many are wondering whether it is still possible to get the lowest home mortgage rates. Even other parts of the world may face the effects of the US economy. ... Australian consumer confidence plunges to lowest since 1993 as interest rate hikes bite (AP via Yahoo! Singapore News) Confidence among Australian consumers weakened sharply in March to its lowest level since 1993, according to data released Wednesday, sparking economists' predictions that the central bank is unlikely to continue a run of interest rate hikes. Mortgage Rates Report: May 14, 2008 Lock all mortgage rates immediately. This is a stagflation fear we€™re seeing:. The central bank can€™t be €œcomplacent about inflation,€ Janet Yellen, president of the Fed Bank of San Francisco, said in a speech yesterday. ... Vote: Global Recession? Fears of a US recession are nothing new, but is the slowdown spreading overseas? Tell us what you think. Read More. Topics:Federal Reserve | Interest Rates | Ben Bernanke | Economy (US) | Economy (Global) | Recession | Stock Picks ... More loan relief asked (Baltimore Sun) Bernanke suggests reducing principal on some mortgages Battling a dangerous wave of home foreclosures, Federal Reserve Chairman Ben S. Bernanke called yesterday for additional relief and urged lenders to help distressed owners by lowering the amou... Fed urges loan relief on some mortgages (The Tennessean) Federal Reserve Chairman Ben S. Bernanke, battling the worst housing recession in a quarter century, urged lenders on Tuesday to forgive portions of mortgages for more borrowers whose home values have declined. Bernanke: Reduce home loan amounts (The Post-Standard) Washington - Federal Reserve Chairman Ben Bernanke urged banks and other mortgage lenders Tuesday to lower the amount of their loans to distressed homeowners.