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Latest Second Mortgage Rates news:U.S. MBA Mortgage Applications Index Rose 0.5% Last Week
March 10 (Bloomberg) -- Mortgage applications in the U.S. rose for a second week, led by an increase in purchases that may indicate the renewal of a homebuyer tax credit is starting to invigorate demand.
Read more News Source - Bloomberg
Publish date - 13:25:10 03/10/10
Most Asian Stocks Fall as Oil, Cargo Rates Drop; Telstra Gains
March 10 (Bloomberg) -- Most Asian stocks fell as shipping lines and oil companies dropped after crude declined for a second day in New York and a measure of cargo-transport rates retreated for the first time in almost two weeks.
Read more News Source - Bloomberg
Publish date - 03:32:36 03/10/10
Fannie Mae Mortgage-Bond Spreads Fall to Record: Credit Markets
March 9 (Bloomberg) -- Yields on Fannie Mae and Freddie Mac mortgage securities that guide U.S. home-loan rates fell to the lowest relative to Treasuries on record, even as the scheduled end of Federal Reserve purchases approaches.
Read more News Source - Bloomberg
Publish date - 15:23:31 03/09/10
Fannie Mae Mortgage-Bond Spreads Fall to Record: Credit Markets
March 9 (Bloomberg) -- Yields on Fannie Mae and Freddie Mac mortgage securities that guide U.S. home-loan rates are trading at the lowest relative to Treasuries on record, even as the scheduled end of Federal Reserve purchases approaches.
Read more News Source - Bloomberg
Publish date - 03:32:35 03/09/10
Banks have to rein in bonuses for second year as FSA toughens up stress tests
Banks will have curb bonuses for a second year to build up their capital base under tougher stress tests being introduced by the watchdog.
Read more News Source - Daily Telegraph
Publish date - 16:39:53 03/10/10
(AFX UK Focus) 2010-03-10 05:40 UPDATE 1-S.Korea money supply, mortgage growth eases
SEOUL, March 10 (Reuters) - South Korea's money supply growth in January eased and banks' mortgage lending to households in February rose slightly, data showed on Wednesday, putting little pressure on the central bank for a swift rate hike. The data came a day before the Bank of Korea is widely expected to keep its policy rate unchanged at record-low 2.00 percent for a 13th straight month amid ...
Read more News Source - Interactive Investor
Publish date - 06:14:00 03/10/10
Central bank asks for mortgage loan details from lenders
The central bank yesterday requested that local banks provide details on mortgage loans for regular borrowers and real estate investors within three days, including loan-to-value (LTV) ratios, loan interest rates, debt-to-income ratios and grace periods.
Read more News Source - Taipei Times
Publish date - 16:43:47 03/08/10
Sack Says Fast Sale of Fed Assets Risks Sudden Rise in Rates
March 9 (Bloomberg) -- Brian Sack , the New York Federal Reserve Bank’s markets chief, said reducing the central bank’s $2.3 trillion balance sheet quickly through sales of assets would risk a sudden increase in long-term interest rates.
Read more News Source - Bloomberg
Publish date - 10:16:24 03/09/10
TEXT-S.Korea c.bank keeps rates on hold for 13th mth
(For full coverage, double-click [ID:nTOE62A00X ])
Read more News Source - Reuters via Yahoo! Singapore News
Publish date - 02:39:04 03/11/10
US may raise rates within six months: survey
The US Federal Reserve is expected to hike benchmark interest rates within six months as the economy recovers from one of the most brutal recessions, a poll among economists showed Monday.
Read more News Source - AFP via Yahoo! News
Publish date - 18:03:32 03/08/10
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More Consumers Pay Credit Card, Skip Mortgage Payments
RISMEDIA, March 11, 2010—(MCT)—U.S. consumers are starting to look like a frugal, debt-fearing lot as they pay down billions of dollars in credit card obligations. But an alarming trend is emerging: A small but growing number of people are skipping…
Read more News Source - RISMedia Real Estate News
Publish date - 22:34:34 03/10/10
(AFX UK Focus) 2010-03-11 02:18 TEXT-S.Korea c.bank keeps rates on hold for 13th mth
SEOUL, March 11 (Reuters) - South Korea's central bank on Thursday held its key interest rate at record-low 2.0 percent for a 13th consecutive month, as expected, in the face of government pressures and lingering global economic uncertainties. Ten out of 11 economists surveyed by Reuters had predicted no change in the benchmark rate, with the majority of them expecting the central bank to start ...
Read more News Source - Interactive Investor
Publish date - 02:44:00 03/11/10
Treasury Yield Curve Near Record Before $13 Billion Bond Sale
March 11 (Bloomberg) -- Treasury 30-year yields were near the highest on record compared with two-year rates as the U.S. prepared to sell $13 billion of long bonds amid signs the global economy is recovering.
Read more News Source - Bloomberg
Publish date - 05:09:08 03/11/10
Proposed mortgage law to curb prices
The approval of the long-awaited mortgage law in Saudi Arabia this year is expected to curb sharp increases in property prices, spur bank credit and encourage investment in the sector, a Saudi official said.
Read more News Source - Zawya
Publish date - 08:50:26 03/09/10
More than 4% of Northern Rock mortgage customers in arrears
Despite the losses – down to £257m from £1.3bn a year ago – Northern Rock is paying out £15bn in bonuses to its staff but chief executive will waive his
Read more News Source - MalaysiaNews.net
Publish date - 10:29:27 03/10/10
Frank to Banks: Write Down Second Mortgages
House Financial Services Chairman Barney Frank urged four of the nation s top banks to adopt principal writedowns on second-lien mortgages to allow borrowers to keep their homes.
Read more News Source - Financial Planning.com
Publish date - 13:52:37 03/09/10
Treasury-Bund Yield Difference May Double, F&C Says (Update1)
The premium investors demand to hold Treasuries over German bunds may double in 2010 as Europe’s central bank is forced to keep interest rates on hold while the Federal Reserve prepares to tighten, F&C Netherlands BV said.
Read more News Source - BusinessWeek
Publish date - 14:32:57 03/10/10
OCR stays the same
The Reserve Bank left official interest rates unchanged at a record low 2.5%, as households remain cautious and business spending is weak.
Read more News Source - Otago Daily Times
Publish date - 21:01:56 03/10/10
Tap turned on for smaller lenders
THE thawing of specialist credit markets is helping to inject new competition into the home loans market, now dominated by the big four banks. The raising of $1.3 billion in funds by smaller mortgage lenders was announced yesterday.
Read more News Source - Brisbane Times
Publish date - 16:23:08 03/10/10
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