| | | Most Mortgage Rates Dip to Spring Levels under Federal Conservatorship | | | Fri, 12 Sep 2008 06:58:55 EST
In its first week at least, the conservatorship of Freddie Mac and Fannie Mae accomplished one part of the hoped-for effect; longer term mortgage rates plunged to levels not seen for months. Freddie's Primary Mortgage Market Survey for the week ended September 11 (which includes the four business days since Sunday's announcement of the take-over of what is now THE mortgage market in the U.S.) showed the average interest rate...
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| CNBC Videos 9/11/2008 8:07:40 PM The sale of Lehman Brothers in its entirety is probably the best thing for the firm and financial markets, says Paul Larson, equities strategist at Morningstar. |
| CNBC Videos 9/12/2008 6:03:46 AM The US authorities have to create a more robust long-term safety net for troubled banks, to avoid the risks of forced asset sales, James Bevan from CCLA Investment Management told CNBC Friday. |
| CNBC Videos 9/12/2008 8:02:46 AM A look at Lehman's shopping itself and Washinton Mutual's problems, with CNBC's Charlie Gasparino |
| CNBC Videos 9/12/2008 8:35:36 AM A look at the banks currenty negotiating with Lehman, with CNBC's Steve Liesman & Rick Santelli |
| CNBC Videos 9/12/2008 1:12:22 AM Although Richard Gibbs, chief economist at Macquarie Bank sees the Aussie-dollar falling into the mid-$0.70s range, he believes the RBA will continue its rate easing cycle. |
| CNBC Videos 9/12/2008 5:00:08 AM One year ago reports surfaced that Northern Rock had asked the Bank of England for emergency lending. Geoff Tresman from Punter Southall Financial Markets considers the lessons learnt from the failed bank. |
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