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Latest Mortgage Loan Rates news:Home Front: Seesaw mortgage rates make it tough to decide when to lock in your loan
If you think it's a stomach-turner to watch a volatile stock market and economy, try picking the right week to lock in your home loan.
Read more News Source - The Sacramento Bee
Publish date - 07:20:44 07/04/08
U.S. mortgage rates drop for first time in four weeks
CHICAGO (MarketWatch) -- Mortgage rates reversed course this week, dropping after three straight jumps, Freddie Mac said in its weekly rate survey Thursday. The national average for the 30-year fixed-rate mortgage fell to 6.35% from 6.45% a week ago. Last year at this time, the 30-year loan averaged 6.63%. The 15-year fixed-rate loan averaged 5.92%, down from 6.04%. Five-year Treasury-indexed ...
Read more News Source - Market Watch
Publish date - 14:41:04 07/03/08
U.S. mortgage rates declined last week
Interest rates for 30-year, fixed-rate mortgages declined in the United States in the last week, the Federal Home Loan Mortgage Corp. said Thursday.The average 30-year fixed interest rate averaged 6.35 percent with an average 0.6 point for the week ending July 3, compared with 6.45 percent for the previous week, Freddie Mac said.A year ago, 30-year fixed rate mortgages averaged 6.63 percent.At ...
Read more News Source - Moldova.org
Publish date - 15:38:52 07/03/08
Mortgage rates drop, snapping a 3-week climb
Rates on 30-year fixed mortgages fell for the first time in three weeks after the Federal Reserve said last week that it expects inflation to level off, according to mortgage backer Freddie Mac.
Read more News Source - CNN Money
Publish date - 15:06:17 07/03/08
St George, Bank SA lift rates to 9.67pc
BANK SA and St George home loan customers will have to pay an extra $10 a week in mortgage repayments after the banks lifted rates to 9.67 per cent.
Read more News Source - Adelaide Now
Publish date - 06:51:09 07/04/08
Australian Mortgage Broker Says Sales Drop 22% on Higher Rates
July 3 (Bloomberg) -- Australian Finance Group Ltd. , the country's biggest mortgage broker, said sales fell 22 percent in June, capping the second straight quarterly decline, as interest rates at 12-year highs increased the costs of buying a home.
Read more News Source - Bloomberg.com
Publish date - 04:16:03 07/03/08
Two lenders trim mortgage costs
The Nationwide and Abbey are cutting their mortgage rates slightly - but mainly for those with large deposits.
Read more News Source - BBC News
Publish date - 14:25:28 07/04/08
Bankrate: Mortgage Rates Retreat on Economic Worries
Mortgage rates were lower across the board, with the average conforming 30-year fixed mortgage rate falling to 6.53 percent. According to Bankrate.com's weekly national survey of large lenders, the average 30-year fixed mortgage has an average of 0.4 discount and origination points.
Read more News Source - PR Newswire via Yahoo! Finance
Publish date - 11:31:49 07/03/08
Lenders face challenges as mortgage rates reset this summer
The number of homeowners facing an increase in their subprime adjustable-rate mortgage payments will peak this summer, testing the efforts of lenders to keep those people out of foreclosure and stabilize the housing market.
Read more News Source - Austin American-Statesman
Publish date - 23:54:49 07/04/08
Credit crisis: One of biggest mortgage lenders drops rates
One of Britain's biggest mortgage lenders has cut some of its rates, raising faint hopes that the worst may be over in the crisis-hit mortgage market.
Read more News Source - Daily Telegraph
Publish date - 19:46:32 07/02/08
Mortgage rates cut - Kiwibank moves most below 9 per cent
Kiwibank has reduced home loan interest rates, bringing most fixed rates below 9 per cent a year. The key three-year rate was down to 8.79 per cent, which Kiwibank said was significantly below competitor banks.
Read more News Source - The New Zealand Herald
Publish date - 23:03:44 07/02/08
Personal Finance Daily: You may want to bail on your adjustable mortgage
The Federal Reserve has sent a pretty clear signal to the markets that it stands ready to push interest rates higher to fight inflation. If you are a homeowner with an adjustable-rate mortgage, you can pretty much interpret that as well as a signal to jump into a fixed-rate loan as quickly as you can.
Read more News Source - Market Watch
Publish date - 18:09:52 07/02/08
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
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
St George ups rates
JUST two days after the Reserve Bank gave its strongest indication yet that official rates would stay on hold St George Bank has lifted its main home loan rate.
Read more News Source - Herald Sun
Publish date - 14:50:50 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
St George lifts rates in spite of RBA
St George Bank Ltd has sparked fears of another round of interest rate rises by the major banks after raising its standard mortgage rate, even though the central bank left its rates unchanged this week.
Read more News Source - The West Australian
Publish date - 08:51:35 07/04/08
NAACP joins effort to stop mortgage bias
The S.C. State Conference of the National Association for the Advancement of Colored People joined a national Day of Action this week against discriminatory mortgage lending practices. The national NAACP filed a class action lawsuit a year ago against 17 of the nation’s largest lenders alleging African-Americans were given higher mortgage interest rates than others despite having similar credit ...
Read more News Source - The State
Publish date - 04:11:05 07/04/08
Kiwibank reduces most of its fixed mortgage rates
Kiwibank has cut about a quarter of a percentage point off its three-year fixed rate mortgage, as it looks to cash in on homeowners refixing loans coming due for renewal.
Read more News Source - Otago Daily Times
Publish date - 17:21:20 07/03/08
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