JGB futures tumble as stocks rise, auction eyed
that the Bank of Japan will raise interest rates later this month. Swap contracts on ... month. Swap contracts on the overnight call rate <JPONIBOJ=TRDT> show about a 75 percent chance ... months due to concerns over U.S. subprime mortgage problems has led some investors to question ...
Interest rate pain hitting home
very much the adverse impact of any interest rate rises on Australian homebuyers," Mr Howard said. ... than $40 to monthly repayments on a mortgage of $250,000. It will also eat up ...
Rate rise: More grief for buyers, renters
THE interest rate rise will put the squeeze on renters ... take on housemates to help service the mortgage," Mr Sheehy said. He said he was ...
Nick Economou: Will PM open the lid?
the Reserve Bank of Australia has raised interest rates. There were exhortations from the Federal ... economy necessitated a tightening of monetary policy. Mortgage rates can be expected to follow suit ... additional financial strain. In one sense, this rate increase is bad news for the Federal ...
Heart of Melbourne: Streets share pain
THE interest rate rise will hit Melbourne's mortgage belt hard, but residents in the city's epicentre know what it's all about. The ...
David Chalke: Nail in coffin
about the dangers of rising debt and interest rates, the chief economist of one of ... a prediction. "It would take an interest rate of more than 8 per cent before ... recent months, we've learned the new phrase "mortgage stress". The Australian Bureau of Statistics defines ...
RBA heads: Chiefs feel squeeze, too
will personally feel the pain of yesterday's rate rise. Land title and mortgage searches show four of the eight board ... told the hearing in February that low interest rates were part of the reason for ...
Fed gives weak approval to growth, credit risks
Tuesday when it left its benchmark lending rate unchanged at 5.25% and said inflation remains ... Industrial Average exceeding 200 points some days, interest-rate futures markets got it in their head ... is credit restraint: from the Fed; from mortgage lenders, who are faced with rising delinquencies ...
Perth house prices to fall 10pc
much as 10 per cent after yesterday's interest rate hike. Already depressed outlying suburbs along the ... loan sizes. According to the HIA, monthly mortgage payments in Victoria and Queensland on an ...
Home sales forecast lowered amid continuing slump
has crippled lenders such as American Home Mortgage Investment Corp., which filed for bankruptcy protection ... Federal Reserve policy makers yesterday held their interest-rate target at 5.25 percent for a ninth ...