Wall Street lower on gloomy data
US investors opt to take profits on release of disappointing data and as Bernanke warns that America must curb its budget deficit. Gloomy housing sector data and continued layoffs led to a subdued Wall Street opening as investors played safe with their profits after a succession of session gains. Investors were also reacting to a [...]
June 3, 2009
Tags: Bernanke, FED, mortgage calculator, US loans rates, US mortgage rates Posted in: Uncategorized 
No Comments
US Government nationalises GM in Chapter 11 bond deal
The US Government will take a 60 per cent stake in General Motors (GM) as the carmaker files for Chapter 11 bankruptcy protection today, officials of the Obama Administration revealed. President Obama said that the move would stop the company being broken up, as it prepared to make the world’s largest industrial bankruptcy filing. The [...]
June 1, 2009
Tags: Credit Crunch, recession, unemployment, US loans rates Posted in: Uncategorized No Comments
US Loans markets defy FED as Treasury yields spike
The US Federal Reserve Board (FED may soon be forced to launch fresh blitz of quantitative, or risk seeing economic recovery snuffed out by the latest surge in long term borrowing costs. Yields on 10 year Treasury bonds have risen relentlessly since March when the Fed first announced its plan to buy $300bn (£188bn) of [...]
May 28, 2009
Tags: consolidate debt loans, FED, home loans, refinancing rates, US loans rates, US mortgage rates Posted in: Uncategorized No Comments
US stress tests of banks a focal point for loan calculator
The results of the US banks stress testing is expected tomorrow after the markets in New York close- this is to be followed by a press conference from the Banks involved on Friday at which one would assume, they will argue their opposition to the findings. Rumours and articles abound this morning concerning Bank of [...]
May 7, 2009
Tags: Credit Crunch, falling interest rates, Interest Rates, Loan calculator, sub prime loans, US loans rates Posted in: Uncategorized No Comments
Loan Calculator radar set on Thursday’s ECB rate decision
Last month the European Central Bank (ECB) surprised the markets by only cutting interest rates by 25 basis points to 1.25%- a record low but when compared against the UK interest rates of 0.5% and against the US of 0-0.25% then comparatively still high in the current global climate. The market wanted to see more [...]
May 6, 2009
Tags: consolidate debt loans, ECB, falling interest rates, FED, Interest Rates, UK loans rates, US loans rates Posted in: Uncategorized No Comments
Pendulum again swings towards risk appetite
The Fed stuck to their guns following the March announcement that they will still purchase a total of up to $1.25 trillion of agency mortgage-backed securities and up to $200 billion of agency debt by the end of the year, as well as $300 billion of Treasury securities by autumn. On the upside the FED [...]
May 1, 2009
Tags: FED, home loans, Quantitative Easing, Reserve Bank of New Zealand, UK loans rates, US loans rates Posted in: Uncategorized No Comments
US housing data puts Obama’s hopes on hold
The fledgling recovery in the US housing market appears to have stalled, reducing the chance of President Barack Obama’s “glimmers of hope” turning into green shoots any time soon. Stock markets were little changed as US consumer prices posted their first annual decline since 1955. Trader John Cetera of Hamilton Executions on the floor Hopes [...]
April 16, 2009
Tags: Barack Obama, inflation, mortgage calculator, new home sales, US loans rates Posted in: Uncategorized No Comments
Sterling leads the way up
Despite yesterday’s trading volumes being severely depleted resulting from the Bank Holiday across much of Europe and the UK; there was plenty of activity – both in the equity and the currency markets. Sterling has tracked higher again following a UK bullish article that appeared in the Telegraph in which the Lombard economist predicts that [...]
April 15, 2009
Tags: home loans, Loan calculator, uk recession, US loans rates Posted in: Uncategorized No Comments
Loan Calculator eyes on the ECB & G20 today
The G20 Conference in London stole the Press Inches but it was the yesterday’s economic and trading data plus financial announcements that provided the market with more interest. From the US we had several very interesting pieces of news – both good and not so good, but Wall Street ended focusing on the positive and [...]
April 3, 2009
Tags: ECB, home loans, Loan calculator, Quantitative Easing, US loans rates Posted in: Uncategorized No Comments
Fed shock the markets with a bumper $1.15 trillion stimulus plan
The Federal Reserve shocked the market with a $1.15 trillion boost for the US economy. The funds will be used to buy government debt and to liquidate Fannie Mae and Freddie Mac. The Fed kept interest rates on hold at 0-0.25 % as expected, however the sheer scale of the plans surprised the markets. $300 [...]
March 19, 2009
Tags: FED, Interest Rates, Quantitative Easing, US loans rates, US mortgage rates Posted in: Uncategorized No Comments
