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Latest Lowest Mortgage Rate news:Korea's jobless rate third lowest in OECD
The unemployment rate for 2008 is expected to be the third lowest among member economies of the Organization for Economic Cooperation and Development, the OECD said.
Read more News Source - Asia News Network
Publish date - 18:55:12 07/04/08

Korea: Jobless Rate Third Lowest In OECD
SEOUL, KOREA: The unemployment rate for 2008 is expected to be the third lowest among member economies of the Organization for Economic Cooperation and Development, the OECD said.
Read more News Source - Sin Chew Jit Poh
Publish date - 04:13:16 07/04/08

30-year mortgage rates decline to 6.35 percent
n Financial markets relax after Fed indicates no rate hike imminent
Read more News Source - Contra Costa Times
Publish date - 13:35:46 07/04/08

30-year mortgage rates drop
WASHINGTON — Rates on 30-year mortgages, which had been rising for five straight weeks, posted a decline as signals from the Federal Reserve eased worries about imminent rate increases.
Read more News Source - Pioneer Press
Publish date - 05:12:58 07/04/08

Economy - Thursday
The benchmark 30-year fixed home loan rate fell 10 basis points to 6.35%, ending a 5-week uptrend to a 9-month peak, mortgage finance giant Freddie Mac said. Weaker economic data made a Fed rate hike less likely, pushing Treasury yields and mortgage rates lower. The 15-year fixed-rate mortgage slid 12 ticks to 5.92%. The 1-year ARM fell 10 basis points to 5.17%.
Read more News Source - Investor's Business Daily via Yahoo! News
Publish date - 00:03:22 07/04/08

30-year loan rate declines after 5 weeks of increases
Rates on 30-year mortgages, which had been rising for five straight weeks, posted a decline this week as signals from the Federal Reserve eased worries about imminent rate increases.
Read more News Source - Baltimore Sun
Publish date - 07:44:45 07/04/08

St George rates rise may be followed
MORTGAGE stress is set to worsen after St George broke from the pack yesterday and slugged 200,000 customers with a 20 basis-point increase in the bank's standard variable home-loan rate.
Read more News Source - The Australian
Publish date - 14:48:26 07/04/08

Rates on 30-year mortgages drop to 6.35 percent
Rates on 30-year mortgages, which had been rising for five straight weeks, posted a decline this week as signals from the Federal Reserve eased worries about imminent rate increases. Freddie Mac, the mortgage company, reported Thursday that 30-year fixed-rate...
Read more News Source - San Francisco Chronicle
Publish date - 16:56:25 07/03/08

We're in a 'mortgage recession'
IN further evidence that the property market has been spooked by rising interest rates and an uncertain economic outlook, it has emerged that the nation's largest mortgage broker last month sold 22 per cent fewer mortgages than it did in the same month a year ago.
Read more News Source - The Australian
Publish date - 15:10:04 07/03/08

Bradford & Bingley Investors on the Hook as TPG Walks (Update1)
July 4 (Bloomberg) -- Bradford & Bingley Plc 's largest shareholders agreed to lead a bailout of the U.K. mortgage lender after TPG Inc. abandoned plans to buy a 23 percent stake.
Read more News Source - Bloomberg.com
Publish date - 17:35:23 07/04/08

(AFX UK Focus) 2008-07-02 11:08 UK Q1 mortgage equity withdrawal 5.0 bln pounds, lowest in 7 years - BoE UPDATE
(Updating to add analysts' comments)
Read more News Source - Interactive Investor
Publish date - 10:48:01 07/02/08

Nickell Sees U.K. Rate on Hold as Loans Near `Famine' (Update1)
July 2 (Bloomberg) -- Former Bank of England policy maker Stephen Nickell said the central bank should avoid raising interest rates to curb inflation as the mortgage market edges close to ``a famine'' and wages stay under control.
Read more News Source - Bloomberg.com
Publish date - 10:23:42 07/02/08

Ahead of the Bell: Mortgage Applications
Industry data to be released Wednesday will show whether home loan applications fell for the third straight week as mortgage rates continued to rise.
Read more News Source - AP via Yahoo! Finance
Publish date - 10:12:48 07/02/08

Mortgage lending hits a 16-year low
GROWTH in residential mortgage lending hit its lowest level in 16 years in May.
Read more News Source - Irish Examiner
Publish date - 23:21:30 06/30/08

Bradford & Bingley Sinks After TPG Pulls Funding Plan (Update2)
July 4 (Bloomberg) -- Bradford & Bingley Plc , the biggest British mortgage lender to landlords, dropped to a record low in London trading after TPG Inc. abandoned a rescue plan to buy a stake in the bank.
Read more News Source - Bloomberg.com
Publish date - 09:04:13 07/04/08

Morning business news - July 3
ALL EYES FOCUSED ON ECB RATE MOVE - Crude oil rose to a record above $145 a barrel overnight in New York as the European Central Bank is poised to raise interest rates and after US stockpiles unexpectedly fell to their lowest since January.
Read more News Source - RTÉ News
Publish date - 08:58:13 07/03/08

D.C. ranks high for increase in mortgage payments
Would-be homebuyers are seeing their potential monthly mortgage payments creeping upward even though median home prices are holding steady inside the Beltway and dropping in farther-out areas.
Read more News Source - The Washington Examiner
Publish date - 12:39:47 07/02/08

Spain, Ireland `Thrown to the Wolves' After ECB Move (Update1)
July 4 (Bloomberg) -- Jose Mauricio Rodriguez Montalvo rents a room from his sister to help her afford her basement flat in Madrid as mortgage costs soar.
Read more News Source - Bloomberg.com
Publish date - 05:33:49 07/04/08

Economy - Thursday
Mortgage rates fell last week
Read more News Source - Investor's Business Daily via Yahoo! Finance
Publish date - 00:02:14 07/04/08


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