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Showing 1001 - 1010 of 2203 results for "Mortgage"

Market wrap AM

AAP  |  WEDNESDAY, 26 SEP 2012
... deliver speech to Mobile and Contactless Payments Australia Conference 2012. In equities news, Genworth's Streets Ahead mortgage market sentiment briefing and Homebuyer Confidence Index is due and National Australia Bank group executive director of finance ...

QE3 will be different

LINDA HAUSKEN  |  MONDAY, 24 SEP 2012
... shape," said Kate Howitt, Australian Opportunity Fund portfolio manager at Fidelity. "So you can relive stress in the mortgage funding markets, but if everyone [Americans] is under water on their house they can't refinance and are stuck." On the other ...

ANZ sells mortgage business

BEN COLLINS  |  MONDAY, 24 SEP 2012
Origin, ANZ's wholesale mortgage business will be sold to Columbus Capital, for an undisclosed amount under an agreement announced on Friday. ANZ said that the sale is consistent with its focus on its own branded mortgage products and a disciplined ...

AUI appoints fourth investment specialist

LINDA HAUSKEN  |  FRIDAY, 21 SEP 2012
... Ramsay to the team, which augments the support the firm provides its asset managers including its in-house property and mortgage fund businesses. Hoare joins AUI from Frontier Advisors where she was responsible for providing investment advice to some ...

Why QE3 will work

BENJAMIN ONG  |  TUESDAY, 18 SEP 2012
... and MBS. The first purchase program, in particular, has been linked to substantial reductions in MBS yields and retail mortgage rates. LSAPs also appear to have boosted stock prices, presumably both by lowering discount rates and by improving the economic ...

Market Wrap

AAP  |  MONDAY, 17 SEP 2012
... four-and-a-half-month high after the Fed announced that under a third round of quantitative easing (QE3), it will buy $US40 billion of mortgage-backed securities a month. At the close of trade on Friday, the benchmark S&P/ASX200 index was up 50.6 points ...

Market Wrap

AAP  |  FRIDAY, 14 SEP 2012
... going to have a much better day," he said. US stocks soared after the Federal Reserve said it would buy $US40 billion of mortgage-backed securities a month, to push down long-term interest rates and stimulate growth After trading flat before the Fed's ...

The Fed may have gone too far

BEN COLLINS  |  FRIDAY, 14 SEP 2012
... Reserve's latest round of quantative easing, QE3. The United States' central bank will purchase $US40 billion a month in mortgage-backed bonds to drag down long-term interest rates, and boost employment figures. "Obviously markets have reacted. All the ...

Big Ben brings in the heavy guns

BENJAMIN ONG  |  FRIDAY, 14 SEP 2012
... consistent with its dual mandate, the Committee agreed today to increase policy accommodation by purchasing additional agency mortgage-backed securities at a pace of $40 billion per month. The Committee also will continue through the end of the year ...

Market wrap - morning

AAP  |  FRIDAY, 14 SEP 2012
... two-day meeting, the Federal Open Market Committee (FOMC) on Thursday (US time) said it would buy $US40 million worth of mortgage-backed securities a month in a bid to lower long-term interest rates, which the Fed hopes will spur borrowing and spending. ...