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Mortgage Rates

The economic turmoil of 2008 has left few bright spots, but here's one: Mortgage rates have plummeted. Rates on 30-year, fixed loans are hovering around 5 percent - the lowest level since Freddie Mac began tracking rates in 1971. Some economists ...

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Fannie Mae - Chicago Tribune

The National Association of Realtors Pending Home Sales Index has dropped to a record low as the housing market continues to weigh on an already distressed economy. The index fell to 82.3 for the month of November. That’s down 4 percent from ...

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National Association of Realtors pending sales index drops - Houston Business Journal

NEW YORK (Reuters) -- NEW YORK (Reuters) - Applications for U.S. residential mortgages slipped from lofty levels last week as homeowners slowed refinancings ahead of expected federal action to lower housing costs, an industry group said on Wednesday ...

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Mortgage applications dip despite low rates - CNN Money

Mortgage rates have fallen in the past month but should be even lower if they were following interest rates on U.S. Treasury bonds and bills, housing finance experts say. The lower rates have sparked refinancing of home loans in the Rochester area ...

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Falling loan rates not falling enough? - Democrat and Chronicle

Homeowners are being tested in a tightening market Most mortgage lenders are set to raise the interest rates they charge their customers next year. The bad news for homeowners comes after AIB yesterday became the fourth bank in a month to raise ...

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40 Year Mortgages News


103000 on digital converter waiting list
San Francisco Chronicle,  USA - Jan 5, 2009
The 2008 rate of increase fell short of the 40 percent rise in 2007, and the total in both those years is still far short of the 2 million-plus in 2005 ...


Marketing into a Meltdown
Wall Street Journal - 8 hours ago
As a 40-year-old marketer devising promotions for Countrywide loans, Mr. Michaelson found that the company managers he met were not -- as some observers ...


NATIONAL BRIEFING
Washington Post, United States - Jan 6, 2009
Separately, the Federal Reserve said the average yield for one-year Treasury bills, a popular index for making changes in adjustable-rate mortgages, ...


Struggling Retailers Press Struggling Landlords on Rent
Wall Street Journal - 8 hours ago
With rents falling and vacancies rising, analysts expect a growing number of shopping centers to default on their mortgages, adding to the strain on banks ...


BBC News

Rates roulette for savers and borrowers
BBC News, UK - 13 hours ago
Let's take a look at the trend in mortgages alone. There are three main types of mortgages: tracker (around 40% of the market); fixed-rate (about 50%); ...


Financially Fit New Year
ABC7Chicago.com,  USA - 18 hours ago
Q: We don't want to spend too much time on the past, but the stock market was off nearly 40% last year. How does that stack up to the bad years in history? ...


Daily Mail

Many mortgages need 40% deposit
The Press Association - Jan 5, 2009
By contrast, the number of mortgages directed at people who have at least a 40% equity stake in their property has soared 14-fold during the past year, ...
Deposit of 40% for many loans Scotsman
Dramatic Decline In Higher LTV Mortgages Find a Property
Around a quarter of all mortgages are only available to people ... Daily Mail
Loans4 - Introducer Today
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Wallace Matthews
Newsday, NY - 5 hours ago
Even if he gets off to one of his typical slow starts - Teixeira's career average in April, .256, is nearly 40 points lower than his overall average - the ...


NBR Transcripts-January 6, 2009
Nightly Business Report, FL - 10 hours ago
We've had an equity investing culture in this country for 30 or 40 years now that has really been brought into question for the first time in as far back as ...


Announcing Managers of the Year for 2008
Morningstar.com, IL - 22 hours ago
And to make up for a 40% loss, an investor would need to gain 67%. That's tough to do. Vanguard 500 Index has produced three-year gains of 25% or greater in ...

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