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Latest Low Rate Loan 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
Pag-IBIG sells P11.96-b bonds at record-low rate
Home Development Mutual Fund, also known as Pag-IBIG Fund, has sold P11.963 billion worth of five-year bonds Tuesday at a record-low coupon rate of 5-percent rate to refinance maturing obligations and shore up funds for housing loans amid increased demand.
Read more News Source - Manila Standard Today
Publish date - 06:41:45 03/10/10
Interest on fixed rate mortgages at six-year low
The interest charged on two-year fixed rate mortgages fell to a six-and-a-half-year low during February in a further sign that competition was slowly returning to the market, figures showed today.
Read more News Source - Independent
Publish date - 11:07:22 03/09/10
Indian Wells gets $715,000 loan for Civic Center solar panels
Indian Wells could receive a $715,000 low-interest loan from the California Energy Commission to help the city install solar panels at the Civic Center and save $55,000 a year on electric bills.
Read more News Source - The Desert Sun
Publish date - 00:11:42 03/11/10
Despite low interest rates, people aren’t buying homes
30 year fixed rate loan with $400,000 principle at prevailing rate. Monthly P&I cost - estimated annual minimum income to cover PITI using 29% 'Rule of Thumb.'
Read more News Source - The Christian Science Monitor
Publish date - 18:59:21 03/10/10
Chilean Inflation Swap Yields Fall to Record Low; Peso Drops
March 10 (Bloomberg) -- Yields on Chile’s inflation-linked interest-rate swaps fell to a record as economists bet inflation will quicken amid boosted government spending and a shortage of goods following the country’s worst earthquake in 50 years.
Read more News Source - Bloomberg
Publish date - 21:16:58 03/10/10
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 - 22:31:29 03/10/10
Northern Rock Narrows Loss; Bad Loan Provisions Rise (Update2)
March 10 (Bloomberg) -- Northern Rock (Asset Management) Plc , the nationalized U.K. lender closed to new customers, said bad loan provisions rose as its 2009 loss narrowed.
Read more News Source - Bloomberg
Publish date - 09:55:47 03/10/10
Rapid tax refund loan is no bargain to consumers
STILLWATER — With tax season now in full swing, many taxpayers are anticipating getting a refund. Unfortunately, new figures indicate that some of the country’s most financially vulnerable taxpayers — those from low- and moderate-income families — lost about $800 million from their refunds last year.
Read more News Source - The Edmond Sun
Publish date - 01:00:54 03/11/10
FDIC's Bair eyes low interest rates, more lending
U.S. banking regulator Sheila Bair said on Monday that a low interest rate policy is "clearly appropriate" to get credit flowing, while also saying regulators should stop short of ordering banks to lend.
Read more News Source - Reuters via Yahoo! News
Publish date - 17:06:32 03/08/10
FDIC's Bair says low interest rates "appropriate"
A low interest rate policy is "clearly appropriate" due to the still struggling economy, a top U.S. bank regulator said on Monday, while also expressing frustration that banks are not doing enough to get credit flowing.
Read more News Source - Reuters via Yahoo! News
Publish date - 14:58:27 03/08/10
Australian Home-Loan Approvals Fall Most in Decade (Update2)
March 10 (Bloomberg) -- Australian home-loan approvals unexpectedly fell in January by the most in almost a decade after central bank Governor Glenn Stevens raised borrowing costs and the government cut assistance to first-time buyers.
Read more News Source - Bloomberg
Publish date - 01:58:38 03/10/10
Australian Home-Loan Approvals Unexpectedly Fall 7.9% (Update1)
March 10 (Bloomberg) -- Australian home-loan approvals unexpectedly fell in January for a fourth straight month after central bank Governor Glenn Stevens raised borrowing costs and the government cut grants to first-time buyers.
Read more News Source - Bloomberg
Publish date - 01:43:31 03/10/10
CMBS loan losses expected to deepen this year
Loan losses connected to commercial mortgage-backed securities may grow in 2010, according to a report by Trepp. According to the real estate tracking firm's analysis, the $33.
Read more News Source - Crain's New York Business
Publish date - 18:18:32 03/10/10
ECB holds interest rate
The European Central Bank (ECB) held its key interest rate steady at 1.0 percent Thursday while markets focused on pending changes to the bank's unconventional loan policies and the Greek debt crisis. The ECB's benchmark lending rate is tipped to remain at its present record low level possibly into 2011, owing to a wobbly economic recovery and financing issues for eurozone companies and some ...
Read more News Source - People's Daily
Publish date - 16:16:36 03/08/10
Interest on fixed rate loans drops
The interest charged on two-year fixed rate mortgages fell to a six-and-a-half-year low during February in a further sign that competition was slowly returning to the market, figures have shown.
Read more News Source - Channel 4
Publish date - 10:56:58 03/09/10
N.Z. Dollar Falls on Rates; Australia’s Trades Near 7-Week High
March 11 (Bloomberg) -- The New Zealand dollar fell from near its strongest in a month after the central bank left its official cash rate at a record low and said economic growth may remain subdued, damping prospects for interest-rate increases.
Read more News Source - Bloomberg
Publish date - 01:13:50 03/11/10
N.Z. Dollar Falls on Rates as Bollard Expects Subdued Recovery
March 11 (Bloomberg) -- The New Zealand dollar fell after central bank Governor Alan Bollard left the official cash rate at a record low and said economic growth may remain subdued, damping prospects of interest-rate increases.
Read more News Source - Bloomberg
Publish date - 23:28:31 03/10/10
N.Z. Dollar Declines on Rate Outlook; Australia’s Drops on Jobs
March 11 (Bloomberg) -- The New Zealand dollar fell against all major counterparts as the central bank signaled a slower exit from stimulus measures. Australia’s currency retreated from a seven-week high as employers added fewer jobs than forecast.
Read more News Source - Bloomberg
Publish date - 03:58:37 03/11/10
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