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New Zealand's Retail Sales Fall More Than Forecast (update2) - Bloomberg
sept. 12 (bloomberg) -- new zealand's retail sales fell more than twice as much as economists' forecast in july, adding to signs the central bank will cut interest rates to revitalize an economy that is in a recession. retail sales fell 0.8 percent ...
www.bloomberg.com

Home Price Declines, Low Mortgage Rates Motivating California Buyers
declining home prices coupled with low interest rates prompted more home buyers to purchase in 2008 compared with last year, the california association of realtors said thursday.
www.bizjournals.com

New Zealand Banks Cut Home-loan Rates After Bollard Urging
sept. 11 (bloomberg) -- new zealand banks began dropping home-loan interest rates today after reserve bank governor alan bollard cut the official cash rate more than expected and urged lenders to pass the reduction on.
www.bloomberg.com

Japan Economy Shrank Annual 3%, Revised Figures Show (update1) - Bloomberg
sept. 12 (bloomberg) -- japan's economy contracted more than the government initially estimated last quarter after figures showed businesses cut spending. gross domestic product shrank an annualized 3 percent in the three months ended june 30, the ...
www.bloomberg.com

Fed's Next Move Could Be To Lower Rates - Cnn Money
new york (cnnmoney.com) -- while the federal reserve is widely expected to once again hold a key interest rate at 2% when it meets on tuesday, there is a growing sense that the fed may have to cut rates by the end of the year. if the fed does so, it ...
money.cnn.com

Home Price Declines, Low Mortgage Rates Motivating California Buyers
declining home prices coupled with low interest rates prompted more homebuyers to purchase in 2008 compared with last year, the california association of realtors said thursday.
www.bizjournals.com

Home Price Declines, Low Mortgage Rates Motivating Home Buyers, According To C.a.r.'s "2008 Survey Of California Home ...
los angeles----declining home prices coupled with low interest rates prompted more home buyers to purchase in 2008 compared with last year, according to the california association of realtors®’ “2008 survey of california home buyers.” sixty-nine percent of all home buyers reported that price declines encouraged them to buy a home, while 40 percent said that low interest rates enabled them to ...
biz.yahoo.com

Answers To Your Fannie, Freddie Takeover Questions - San Diego Union-tribune
washington – the federal government's dramatic takeover of mortgage finance companies fannie mae and freddie mac raises many questions for the public at large as home prices continue to fall and the u.s. economy remains weak. here are answers to ...
www.signonsandiego.com

Low Prices Prompt Calif. Home Sales, Group Says - Businessweek
lower home prices and falling mortgage rates have motivated california home buyers in 2008, but fear that prices may fall further has slowed decision-making, a real-estate industry association said thursday. in its "2008 survey of california home ...
www.businessweek.com

Asb Bank Cuts New Zealand Fixed, Floating Home Lending Rates
wellington -(dow jones)- asb bank announced it was dropping its floating and fixed home-lending interest rates after the reserve bank of new zealand cut the official cash rate by 50 basis points to 7.50% earlier thursday.
www.nasdaq.com

If Rates Down, Interest Up?
mortgage brokers and real estate agents are calling clients with good news this week: home loan interest rates have dropped about half a percent, making bargain-priced houses even more affordable.
www.modbee.com

Mortgage Brokers, Real Estate Agents Say Interest Rate Drop Is ... - Inside Bay Area
this week's fast decline in mortgage interest rates has created a surge of activity at bay area mortgage companies as homeowners ponder refinancing and buyers decide whether to lock in a loan rate. rates for borrowers with the best credit dropped ...
www.insidebayarea.com

New Zealand To Hold General Elections On Nov. 8 - Xinhua News Agency
wellington, sept. 12 (xinhua) -- new zealand prime minister helen clark announced on friday that new zealand will hold general election on nov. 8 after a five-week campaign. clark made the announcement at a news conference on friday, saying the 2008 ...
news.xinhuanet.com

Falling Mortgage Rates Spur Nevada Housing Interest
mortgage rates dropping after federal action to take over fannie mae and freddie mac help to spur housing interest in nevada. so says rob wigton of minden, president of the nevada association of realtors, whose agents are busier now.
www.krnv.com

U.s. Mortgage Rates Fall In Week
washington, sept. 11 (upi) -- interest rates for 30-year, fixed-rate u.s. mortgages dropped significantly from the previous week, the federal home loan mortgage corp. said thursday.
www.upi.com

Home Price Declines, Low Mortgage Rates Motivating California Buyers - Sacramento Business Journal
declining home prices coupled with low interest rates prompted more home buyers to purchase in 2008 compared with last year, the california association of realtors said thursday.
sacramento.bizjournals.com

Obama And Mccain Have Big Economic Differences - Associated Press
washington (ap) -- job no. 1 for the next president? in the minds of an overwhelming number of americans, it's fixing what ails the sick economy. what the voters will have to sort out are very different approaches offered by barack obama and john ...
hosted.ap.org

Falling Interest Rates Attract Sacramento Home Buyers
sacramento-area homebuyers flocked to mortgage offices monday to lock in some of the year's lowest interest rates following a weekend federal takeover of mortgage giants freddie mac and fannie mae.
www.sacbee.com

Anz Cuts Fixed Home Rates
anz banking group will drop its fixed interest mortgage rates for new customers from monday.
news.com.au

Vital Signs: Steady Rates Seen From The Fed - Businessweek
the federal reserve’s policy meeting on tuesday takes center stage this week. economists surveyed by action economics are unanimous in expecting no change in the fed’s 2% target interest rate, and betting in the futures markets implies an 85 ...
www.businessweek.com