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Today's Top News

What borrowers can do to navigate the mortgage process - Chicago Tribune


What borrowers can do to navigate the mortgage process
Chicago Tribune
Many home builders are offering low-rate mortgages through their own mortgage subsidiaries or from preferred lenders; some carry a fixed interest rate for ...

and more »


Ohio mortgage rates creep up for week, Ky. drops - Bizjournals.com


MonitorBankRates.com

Ohio mortgage rates creep up for week, Ky. drops
Bizjournals.com
The average price for a 30-year, fixed-rate mortgage in Ohio was 5.5 percent as of Thursday. That's up 2 points from 5.48 percent a week ago. ...
Mortgage schemes hit all time lowMortgage Introducer
Looking For Best Mortgage Refinance RatesPressemeldungen.at (Pressemitteilung)
Mortgage rates plummetOCRegister
Bizjournals.com
all 151 news articles »


ECB Expected to Keep Rates Steady - Wall Street Journal


Boston Globe

ECB Expected to Keep Rates Steady
Wall Street Journal
The Swedish central bank also offered 100 billion crowns ($13 billion) in one-year loans to Swedish banks at a fixed rate, in a bid to ease financial-system ...
Trichet Signals ECB Rates Unchanged for Next MonthsBloomberg
ECB interest rates set to remain at record lowsIrishExaminer.com
MONEY MARKETS-Euro rates hit new lows as ECB holds ratesForbes
FinFacts Ireland -FinFacts Ireland
all 719 news articles »


Mortgage applications fall - Bizjournals.com


MonitorBankRates.com

Mortgage applications fall
Bizjournals.com
The Refinance Index is at its lowest level since November 2008. The average contract interest rate for 30-year fixed-rate mortgages decreased to 5.34 ...
Week-to-week mortgage applications fall 18.9%: MBAMarketWatch
US mortgage applications fall to 7-month lowReuters
Why did US mortgage applications fall 30% to a 7-month low?BloggingStocks
MonitorBankRates.com -Boston Globe -Bizjournals.com
all 115 news articles »


Sweden cuts rates to new low, offers banks loans - guardian.co.uk


Earthtimes (press release)

Sweden cuts rates to new low, offers banks loans
guardian.co.uk
[ID:nLP150930] [ID:nL1118200] Broadening its arsenal of policy measures, the Riksbank said it would offer banks loans at a fixed rate as was done recently ...
Sweden's Central Bank slashes key rate to the lowest to 0.25%TopNews United States
Sweden cuts rates to new low, offers banks loansForbes
Swedish Central Bank Unexpectedly Cuts Rate to RecordBloomberg
Forbes
all 75 news articles »


Could fixed mortgage rates soon fall? - Money Saving Expert


Money Saving Expert

Could fixed mortgage rates soon fall?
Money Saving Expert
Homeowners and first-time buyers looking for a mortgage have seen a sharp rise in the cost of fixed-rate mortgage deals over recent weeks. ...

and more »


European Bonds Gain on Concern Economic Recovery Is Faltering - Bloomberg


European Bonds Gain on Concern Economic Recovery Is Faltering
Bloomberg
The European Central Bank, meeting on July 2, kept the benchmark interest rate at an all-time low of 1 percent to revive an economy mired in the worst ...

and more »


Indonesian Bonds to Gain on Rate Cuts, ING, ANZ Say - Bloomberg


Indonesian Bonds to Gain on Rate Cuts, ING, ANZ Say
Bloomberg
The central bank “should cut the rate because inflation is so low,” said Jakarta-based Mohede, who helps manage $160 million at Samuel Asset. ...

and more »


Zillow: Mortgage rates drop in Pa. for second week - Bizjournals.com


Zillow: Mortgage rates drop in Pa. for second week
Bizjournals.com
The national average for a 15-year, fixed-rate mortgage was at 4.87 percent, down from 5.01 percent the previous week. Georgia had the lowest rates in the ...
Mortgage Rates Drop for Second Straight WeekRisMedia.com (press release)
Colorado mortgage rates fall againBizjournals.com

all 19 news articles »


Eligibility for home refinance program is expanded - Los Angeles Times


Eligibility for home refinance program is expanded
Los Angeles Times
The 30-year fixed rate bottomed out at 4.61% in late March, the lowest level since the mortgage group started keeping track in 1990. The recent rate trends ...

and more »


Google News

The fall hurts
Charlotte Sun-Herald, FL - 3 hours ago
... Meanwhile, the interest rates adjust each month, and after the initial fixed-rate period of the loan, the loans reset at much higher levels. ...

The prime lending rate is just one of the factors thats driving ...
Financial Express, India - Sep 23, 2006
... Ajay Kumar, head-retail, Bank of Baroda, agrees. Says he: Unlike in the past, today not many are quoting fixed interest rates. ...
Financing for your dream home Daily News & Analysis
all 4 news articles
New ETF seeks to leverage relationship of interest rates, currency ...
MarketWatch - 4 hours ago
... three currencies with the highest interest rates, and short ... with the highest or lowest rates are reviewed ... This fixed-income portion of the portfolio generates ...

Rising interest rates spur creative options on credit lines
Columbus Dispatch, OH - 19 hours ago
... of it into an interest-only fixed-rate note ... will retire the balance principal and interest in 10 ... baskets" with different terms and rates, anytime, at ...

Economist ties aging boomers to falling rates
St. Petersburg Times, FL - 21 hours ago
... He envisions retired baby boomers clamoring for fixed-income investments and driving up ... coupon Treasury strips, which increase in value when interest rates drop ...

Free Market News Network 30-year mortgage rates drop to lowest level since March
San Jose Mercury News, USA - 15 hours ago
... Mortgage giant Freddie Mac said Thursday that 30-year, fixed-rate mortgages dipped to ... a slowdown would allow the Federal Reserve to keep interest rates on hold ...
Business briefs The Olympian
Mortgage Rates Drop Again, to 6.40% Washington Post
Mortgage rates drop again, to 6.40 percent TheNewsTribune.com (subscription)
Free Market News Network
all 25 news articles
International bonds only buys us a little time to fix economy
Fiji Times, Fiji - 9 hours ago
... rates and a fall in the value of the Fiji dollar. The interest rate risk may have been hedged through the issue of long-term (that is, five-year fixed interest ...

Christian Science Monitor Revision of many ARMs yet to impact people's pocketbooks
Barre Montpelier Times Argus, VT - 18 hours ago
... while paying only a fraction of the interest that traditional ... But the risk they took that rates would not rise ... they are moving to 30-year fixed loans or ...
Faced with difficult adjustments, homeowners weigh their options Christian Science Monitor
Option ARMS may take a bite out of budgets Columbus Dispatch
Mortgage Loan Options Going Exotic Best Syndication
Monsters and Critics.com
all 17 news articles
South Africa: Light At End of Rates Tunnel
AllAfrica.com, Washington - 14 hours ago
... Most economists say an interest rate hike of 0,5 ... if it needed to hike rates further," says ... a global economic slowdown, pipelines being fixed, (and) hurricanes ...

Yen May Fall to 20-Year Low as Japanese, Hedge Funds Seek Yield
Bloomberg - 16 hours ago
... a survey by the Investment Trusts Association of Japan, fixed-income mutual ... Demand for currencies to take advantage of higher interest rates, particularly from ...



Turkish Lira Tops World Currencies as Rate Increases Spur Gains
Bloomberg - 8 hours ago
... Andrew Roberts, head of European fixed-income strategy at Merrill Lynch & Co. ... The central bank lowered interest rates even as inflation accelerated in April. ...


This is Money Help on the home front
This is Money, UK - 3 hours ago
... a variablerate tracker mortgage, which would follow the base rate,' says James, 'But when interest rates went up last month, I got nervous. The fixed rate is ...

Oil Weakens, US Markets Follow
Asia Corporate News Network (press release), Australia - 8 hours ago
... US interest rates are now showing a clear bias towards a recession: the long term ... yield curve and a sign investors in the huge US fixed interest markets believe ...


Best Syndication Types of Mortgage Loans The Basics
Best Syndication, CA - Sep 23, 2006
... rate. Fixed interest rates simply set a definitive interest rate that will be charged over the length of the loan. Adjustable rates ...
Can Interest Only Loans be Refinanced? American Chronicle
all 3 news articles
Borrowers facing problems with the Mortgage Industry
Best Syndication, CA - 11 minutes ago
Along with conventional fixed rate products mixtures of ... adjustable rate mortgage products, interest-only and ... customers with the best rates staying within the ...

Goldman, Merrill See Bond Rally; 2-Year Yields as Low as 3.60%
Bloomberg - 17 hours ago
... percent on the notes, including reinvested interest, if yields ... He says the Fed may raise rates as high ... Lehman, whose fixed-income research group has been voted ...
Goldman, Merrill See Bond Rally; 2-Year Yield at 3.6% (Update2) Bloomberg
all 3 news articles
IBM Tweaks Financing Deals to Push Servers, Storage
IT Jungle, NY - 6 hours ago
... IBM also tweaked the financing rates on an existing deal ... to make payments on the gear or pay interest for 90 ... ranging from $1,000 to $500,000 with fixed terms of ...

Delaying Interest
Press-Enterprise (subscription), CA - Sep 21, 2006
... Despite a slight drop in fixed interest rates, many say that it probably will not be enough to bolster sagging home sales as potential buyers wait for a more ...


Best Syndication Buy to let mortgages: long term investment on the concrete ...
Best Syndication, CA - 1 hour ago
... The interest rates offered for Buy to let mortgage are fixed, variable, capped, tracker, capped, discounted. According to the inclination ...


FinFacts Ireland Monday Newspaper Review - Irish Business News and International ...
FinFacts Ireland, Ireland - 2 hours ago
... And although one could argue that interest rates would be still lower without such big deficits, rates are not ... focused on getting the company fixed and partly ...

Seattle Post Intelligencer Big pension funds in Mexico raise bond holdings
Houston Chronicle, United States - Sep 18, 2006
... fastest pace in six years with an inflation rate near the lowest on record ... Mexico's 10-year fixed-rate peso bonds yield 3.34 percentage points more than similar ...
Mexican Pension Funds Buy Bonds, Spur Rally on Calderon Victory Bloomberg
all 85 news articles
Though rates start high, loans reward those who pay on time
Los Angeles Times, CA - Sep 17, 2006
... But instead of latching onto a low fixed rate, the Rancho ... continue to arrive on time, her rate will fall to ... who couldn't qualify for the lowest available rate. ...

Do home builders have a hangover?
U.S. News & World Report, DC - Sep 19, 2006
... home starts fell 6 percent in August, greater than expected, to the lowest annual rate ... buyers were paying about 9 percent interest for a 30-year fixed rate loan ...
US Homebuilder Confidence Index Falls to 15-Year Low of 30 Bloomberg
House builders' disposition is increasingly melancholy St. Louis Post-Dispatch
all 51 news articles
Bonds at 4-month low, Re hits 3-month high
Financial Express, India - 5 hours ago
... 10-year bond ended at 7.61%, its lowest since May ... October, said Nitin Jain, head of fixed income at ... it gives to foreign interest rate movements, especially ...

Mexico 5-Year Bond Yield Falls in Auction on Calderon (Update1)
Bloomberg - Sep 19, 2006
... 19 (Bloomberg) -- Mexico's borrowing costs fell to the lowest in more than two years in an auction of five-year fixed-rate peso bonds on expectations that ...

Investors focus on Fed's long-term message about economy
Jackson Clarion Ledger, MS - Sep 17, 2006
... The Fed's campaign of rate hikes really haven't done much damage to fixed-rate loans, where homeowners have been locked into some of the lowest interest rates ...

Rate drop could spark home sales
San Jose Mercury News, USA - Sep 14, 2006
... Freddie Mac's Primary Mortgage Market Survey reported the lowest weekly interest rates ... average rate was 6.43 percent for a 30-year, fixed-rate mortgage while ...

Benchmark yield slides to a six-month low as buying continues
MarketWatch - 11 hours ago
... skidded to a six-month low, while the fixed-income market ... 8/32 with a yield of 4.719%, its lowest standing since ... the case for a further pause in Fed rate hikes ...
BOND REPORT: Treasurys Extend Rally; 10-year's Yield At 6-month ... Easy Bourse (Communiqus de presse)
all 7 news articles
US Housing Starts Probably Fell in August to Three-Year Low
Bloomberg - Sep 18, 2006
... The median forecast for housing starts would be the lowest level since a 1.643 million unit annual pace ... The 30-year fixed mortgage rate has averaged ...

Copper Drops to Eight-Week Low on Signs of Slowing US Demand
Bloomberg - 12 hours ago
... Prices earlier touched $7,150, the lowest since July 24 ... or sell a commodity at a fixed price for ... Copper has dropped on concern interest-rate increase worldwide ...





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