Lyric Stash

Falling mortgage rates can't thaw other credit (AP via Yahoo! News)
Rates may be falling for residential mortgages and the securities backed by them, but there hasn't been a similar loosening in other strained areas of the credit markets.

Falling mortgage rates can't thaw other credit (San Francisco Chronicle)
Rates may be falling for residential mortgages and the securities backed by them, but there hasn't been a similar loosening in other strained areas of the credit markets. Rising rates on corporate bonds and commercial mortgage-backed securities, and the...

2nd UPDATE: French Unemployment Ends Downward Cycle In 3Q (The Forex Market)
PARIS (Dow Jones)--The French unemployment rate rose slightly in the third quarter, ending its downward cycle as the economic slowdown starts to take its toll, French national statistics office Insee showed Thursday.

Falling mortgage rates can't thaw other credit (Fort Worth Star-Telegram)
By MADLEN READ Rates may be falling for residential mortgages and the securities backed by them, but there hasn't been a similar loosening in other strained areas of the credit markets. Rising rates on corporate bonds and commercial mortgage-backed securities, and the decline of more companies into "junk" status, could add to the economy's pain in the coming year - even if homeowners' monthly ...

Loonie drops more than 1.5 cents, markets tumble on falling oil, political turmoil (The Canadian Press via Yahoo! Canada News)
TORONTO - Canada's dollar fell nearly 1.5 cents and stock prices tumbled Thursday as financial markets navigated a turbulent political situation and worsening news about the North American and global economies.