tvhe.co.nz - 4/27/2009
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Bank economists are saying that we should aim to keep “long-term” rates low - through the RBNZ committing to a future path of the OCR for the next 3-5 years at a low rate.
At first brush we could be cynical and say this appears to be in their interest - the OCR does determine ...
Why does the RBNZ want to stop long rates going up
tvhe.co.nz 4/1/2009 — This is causing me a little bit of confusion. New Zealand’s yield curve has become normal - this is very rare. However, the Bank doesn’t like it - not one bit. They went as far as complaining about it . My first impression was to say - this means they will cut further and commit ...
Long term rates out of whack: Larger OCR cut all on
tvhe.co.nz 3/31/2009 — The RBNZ stated today that long-term interest rates have risen too quickly . There forecast recovery was premised on a low dollar and a relatively flat yield curve - however, it seemed a bit disingenious to suggest that we would have a foreseeable strong recovery and a flat yield curve . ...
Low Mortgage Rates May Be Disappearing Fast
online.wsj.com 6/4/2009 — If you're looking for a new 30-year mortgage, last week's events from the financial markets carry a very simple message: Get 'em cheap while you still can. Rates on conforming 30-year loans jumped dramatically in just a few days, ending the week at an ...
Mortgage Rates Drop to May Low Again
everydayfinance.blogspot.com 8/30/2009 — Mortgage rates have tumbled again to the lows they hit in May, according to Freddie Mac. The average rate for a 30-year fixed-rate mortgage was 5.12%, down from 5.29% last week. This compares with a 6.47% rate a year ago at this time. The average ...
Blog Archive » How low rates break the buck
ftalphaville.ft.com 10/31/2008 — The market got its much-expected reduction in US rates on Wed. The prospect of further cuts is also growing, with certain pundits arguing for cuts all the way to zero. All of which might sound like a good thing in the face of a recession — at least to ...
Mortgage rates drop to record low - Yahoo! Finance
finance.yahoo.com 3/26/2009 — WASHINGTON (AP) -- Rates on 30-year mortgages fell this week to the lowest level on record after the Federal Reserve launched a new effort to assist the staggering U.S. housing market. Mortgage finance giant Freddie Mac said Thursday that average ...
FT.com / Capital Markets - Ultra-low US rates undermine repo market
ft.com 12/17/2008 — Extremely low short-term interest rates in the US are sharply eroding the functioning of the government repurchase or repo market, a foundation stone for the financial system and trading Treasury debt. While the Federal Reserve reduced its benchmark ...
30-Year Fixed Mortgage Rates Remain Low as 10-Year Treasury Yield Climb
bespokeinvest.typepad.com 5/15/2009 — The yield on the 10-Year Treasury Note has risen from a low of 2.05% in December to its current level of 3.12%. At the same time, the 30-year fixed mortgage rate has remained near its lows over the last six months, only rising from 4.85% to 4.98%. If ...
Sweden cuts rates to new low, offers banks loans
guardian.co.uk 7/2/2009 — Digg it Reuters, Thursday July 2 2009 * Riksbank cuts key repo rate to 0.25 pct from 0.50 pct * Analysts had seen rates unchanged * To offer banks $13 billion of loans at fixed interest rate (Adds c.banker comments) By Niklas Pollard and Mia Shanley ...
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