We have seen the markets surpass the heaviest flow of second quarter earnings and the first signs of economic activity for the industrialized world for the same period last week. With this round of influential data; we would expect the markets to be in sync and on pace for a clear trend. Instead, there has [...]
Tags: Benchmark Lending, benchmarking, capital markets, economic activity, financial markets, fundamental considerations, lending rate
Posted September 30, 2009 by ][-NooM-][ under Benchmark Lending, More Financial
Mortgage rates improved yesterday on news from the Federal Reserve Board chairman Ben Bernanke. Bernanke said “The FOMC anticipates that economic conditions are likely to warrant maintaining the federal funds rate at exceptionally low levels for an extended period”. Bond traders quickly bought up bargain priced Mortgage Backed Securities pushing mortgage rates down by 1/8th [...]
Tags: credit market, Federal Reserve Board, Financial Crisis, financial markets, Lower mortgage rates
Posted July 26, 2009 by ][-NooM-][ under More Financial
Money Market Special Refinance Facility: Extension A special refinance facility was introduced on November 1, 2008 under Section 17(3B) of the Reserve Bank of India Act, 1934 to provide funding to scheduled commercial banks (excluding regional rural banks) up to 1.0 per cent of their net demand and time liabilities (NDTL) as on October 24, [...]
Tags: banking financial, Credit Refinance, financial markets, Money Market, refinance facility, Reserve Bank
Posted July 12, 2009 by ][-NooM-][ under More Bank, More Financial
Bank of Canada Cuts Its Benchmark Rate To A Record Low, Bolsters Case For Zero The Bank of Canada lowered its overnight cash rate for the fourth consecutive policy meeting, bringing the benchmark to 1.00 percent – its lowest level since the central bank was established back in 1934. However, the historical low is not [...]
Tags: Bank of Canada, Benchmark Lending, benchmark rate, Central Bank, financial markets, market participants
Posted July 11, 2009 by ][-NooM-][ under Benchmark Lending, More Bank
LUXEMBOURG – The European Central Bank left its benchmark interest rate unchanged at 1 percent Thursday, preferring to wait and see if its “spectacular” infusion of credit into the banking system will loosen lending to consumers and businesses in the euro zone’s struggling economy. Bank President Jean-Claude Trichet said the ECB was pleased by the [...]
Tags: benchmark interest, Central Bank, commercial bank, ECB, financial markets, money markets
Posted July 9, 2009 by ][-NooM-][ under Benchmark Lending, More Bank
A lot of the people that have bought homes when the interest rates were really high are starting to consider refinancing their home mortgage in order to take advantage of the much lower interest rates of today’s economy. If you happen to be one of these individuals and are seriously considering taking advantage of a [...]
Tags: financial markets, Home Loan, home refinance, Mortgage Refinance, Refinancing, refinancing information
Posted July 6, 2009 by ][-NooM-][ under Phuket Financial, Phuket Loans
