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On-time rates for first-class mail best yet

AP — Thu, 24 Jul 2008 21:06:44 +0000

More letters, cards, bill payments and other first-class mail items are getting to their destinations on time than ever before, the Postal Service said Thursday.

All types of mortgages see rate increases

AP — Thu, 24 Jul 2008 17:42:51 +0000

Mortgage rates shot up this week with 30-year mortgages climbing to the highest level in nearly a year, reflecting concerns in financial markets about the troubles at corporate giants Fannie Mae and Freddie...

Rates on 30-year mortgages rise, other rates mixed

AP — Thu, 10 Jul 2008 19:24:33 +0000

Rates on 30-year mortgages edged up this week, while rates on other home loans were a mixed bag.

BoE holds interest rates steady

AP — Thu, 10 Jul 2008 11:09:27 +0000

The Bank of England has kept its benchmark interest rate unchanged at 5 percent.

US foreclosure filings surge 53 percent in June

AP — Thu, 10 Jul 2008 09:00:50 +0000

The number of homeowners stung by the rout in the U.S. housing market jumped last month as foreclosure filings grew by more than 50 percent compared with June a year ago, according to data released...

Bank of England expected to hold rates steady

AP — Thu, 10 Jul 2008 06:22:38 +0000

The Bank of England is expected to hold official interest rates steady when it announces its monthly decision on Thursday as concerns about rising inflation outweigh worries about the slowing...

ECB raises key rate to 4.25 percent

AP — Thu, 03 Jul 2008 16:46:15 +0000

Wary of higher energy and commodity prices, the European Central Bank raised its benchmark interest rate Thursday by a quarter percentage point to 4.25 percent, a move it hopes will help curtail rising inflation in the 15 countries that use the...

Rates on 30-year mortgages drop to 6.35 percent

AP — Thu, 03 Jul 2008 16:35:02 +0000

Rates on 30-year mortgages, which had been rising for five straight weeks, posted a decline this week as signals from the Federal Reserve eased worries about imminent rate...

ECB raises benchmark rate to 4.25 pct

AP — Thu, 03 Jul 2008 12:03:19 +0000

The European Central Bank raised its benchmark interest rate Thursday by a quarter percentage point to 4.25 percent in an effort to reign in escalating inflation in the 15-nation euro...

ECB raises rates quarter point

AP — Thu, 03 Jul 2008 11:53:12 +0000

The European Central Bank has raised interest rates for the first time in more than a year to combat escalating inflation in the 15 countries that use the euro.