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Latest Loan Rate news:Base rate to bring in transparency in loan pricing: RBI
The Reserve Bank of India (RBI) today said the proposed new base rate, which will replace the benchmark prime lending rate (PLR) from July 1, will bring in more transparency to the loan pricing process, benefiting the end-customers.
Read more News Source - Business Standard India
Publish date - 17:15:47 03/10/10
LMP Corporate Loan Fund Inc. ("TLI") Announces Distribution for the Month of March 2010 - Setting New Distribution Rate
NEW YORK----LMP Corporate Loan Fund Inc., which is listed on the New York Stock Exchange under the symbol “TLI”, announced today a monthly distribution of $0.0440 per common share for March 2010.
Read more News Source - Business Wire via Yahoo! Finance
Publish date - 22:02:36 03/11/10
Inflation Eroding China Bank Deposits May Signal Rate Increase
March 12 (Bloomberg) -- China’s inflation rate outstripped returns on household savings for the first time in 16 months, making it harder for officials to damp rising expectations for price gains.
Read more News Source - Bloomberg
Publish date - 23:35:07 03/11/10
SNB Keeps Rate Near Zero, Reiterates Stance on Franc (Update3)
The Zurich-based Swiss National Bank, led by Philipp Hildebrand , kept the three-month Libor target rate at 0.25 percent at its quarterly assessment. That was in line with the forecast of all 19 economists in a Bloomberg News survey.
Read more News Source - Bloomberg
Publish date - 17:55:17 03/11/10
Latvian Central Bank Cuts Refinancing Rate to 3.5% (Update2)
March 11 (Bloomberg) -- Latvia’s central bank cut its benchmark refinancing rate for the first time this year after rates in the interbank lending market dropped to record lows.
Read more News Source - Bloomberg
Publish date - 14:12:03 03/11/10
SNB Keeps Rate Near Zero, Reiterates Stance on Franc (Update3)
The Swiss central bank reiterated its readiness to counter “excessive” gains in the franc and left the benchmark interest rate near zero as policy makers try to nurture an economic recovery.
Read more News Source - BusinessWeek
Publish date - 16:33:47 03/11/10
Loan sharks targeted by Labour MP's bill
Labour MP Carol Beaumont is pushing a private member's bill to limit interest rates charged by fringe lenders or "loan sharks" which she says is the opening shot in a campaign against predatory lenders.
Read more News Source - The New Zealand Herald
Publish date - 16:03:28 03/11/10
Loan Week, March 5-11
A roundup of the latest syndicated loan market news.
Read more News Source - Finance Asia
Publish date - 22:08:35 03/11/10
Four Seasons' owners say deal ends loan default
The owners of San Francisco's Four Seasons Hotel said Wednesday they are no longer in default on a $90 million loan after joining forces with an investment partner who will take a significant ownership interest in the property. Millennium Partners has teamed...
Read more News Source - San Francisco Chronicle
Publish date - 17:45:39 03/11/10
Medupi: Hogan answers questions on World Bank loan
Barbara Hogan, Minister of Public Enterprises, answers the M&G 's questions about the controversy surrounding the World Bank loan for the Medupi power station.
Read more News Source - Mail and Guardian
Publish date - 15:55:56 03/11/10
Four Seasons' owners say deal ends loan default
The owners of San Francisco's Four Seasons Hotel said Wednesday they are no longer in default on a $90 million loan after joining forces with an investment partner who will take a significant ownership interest in the property. Millennium Partners has teamed... Four Seasons Hotels and Resorts - United States - San Francisco - California - Metro Areas
Read more News Source - San Francisco Chronicle
Publish date - 20:11:26 03/11/10
Topping-up on your home loan? There's a catch
If you are a home loan customer, top-up loans are for you in case you have additional requirement of loan for extension, renovation, etc. But is there a catch?
Read more News Source - rediff.com
Publish date - 19:21:43 03/11/10
Obama Student Loan Overhaul Endangered
With Democratic Congressional leaders and the White House struggling on Wednesday to finalize the details of major health care legislation, House Democrats were desperately trying to prevent another of President Obama's top legislative priorities - an ambitious overhaul of student loan programs - from becoming a casualty of the health care battle.
Read more News Source - The Huffington Post
Publish date - 19:43:08 03/11/10
Long-term mortgage rates down slightly
WASHINGTON, March 11 (UPI) -- Average interest rates for 30-year, fixed-rate mortgages held under 5 percent in the week ending March 11, the U.S. Federal Home Loan Mortgage Corp. said.
Read more News Source - UPI
Publish date - 16:29:07 03/11/10
Finance Ministry Mulling Cut in Troubled Bank Loan Rates
The Finance Ministry may cut the rate for 400 billion rubles worth of subordinated loans that were provided to banks during the crisis to reduce their repayment costs, a top Finance Ministry official said.
Read more News Source - The Moscow Times
Publish date - 17:36:10 03/11/10
Souderton may up loan amount for new pool
Just to be on the safe side, Souderton Borough Council is looking into taking out a bigger loan to cover the pool renovation project.
Read more News Source - Souderton Independent
Publish date - 09:05:41 03/11/10
Medical School Costs, Loan Rates Rise Sharply
NPR reports on the high cost of medical school, focusing on one student, Sarah Rosen. The interest rate on her school loans "shot up to eight and a half percent, almost twice the rate [her parents] are paying after refinancing their mortgage." "Tuition and fees at public medical schools, after all, have shot up 133 percent since 1990, according to the Association of American Medical Colleges. ...
Read more News Source - Medical News Today
Publish date - 16:31:38 03/11/10
Mortgage Rates on 30-Year U.S. Loans Fall to 4.95% (Update2)
March 11 (Bloomberg) -- Mortgage rates in the U.S. declined for a second consecutive week as the number of home-loan applications rose. The rate for 30-year fixed mortgages fell to 4.95 percent for the week ended today from 4.97 percent, Freddie Mac said in a statement.
Read more News Source - Bloomberg
Publish date - 15:52:45 03/11/10
Crackdown on Loan Sharks will protect vulnerable
“Protecting out most vulnerable New Zealanders and their families is at the heart of my campaign to crackdown on Loan Sharks”, Labour’s Spokesperson for Consumer Affairs said today
Read more News Source - Scoop.co.nz
Publish date - 22:48:04 03/11/10
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