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- Oct. 17 (Bloomberg) -- The cost of borrowing dollars in London may fall, rounding off the first weekly drop since July, after central banks around the world pumped unprecedented amounts of cash into money markets and governments backed loans. The ...
- ANZ Banking Group Ltd has moved to lower its variable home loan interest rate by 25 basis points, saying the cost of wholesale funding was easing. Effective from Monday, October 27, the interest rate on ANZ's standard variable rate home loan will ...
- Washington -- Interest rates for 30-year, fixed-rate U.S. mortgages rose in the week ending Oct. 16, the Federal Home Loan Mortgage Corp. said Thursday. The 30-year, fixed-rate mortgage averaged 6.46 percent with an average 0.6 points in the week ...
- NEW YORK (CNNMoney.com) -- Low mortgage rates, the one bright spot in a devastated housing market, are on a rapid rise. Freddie Mac reported Thursday that the average 30-year fixed-rate mortgage has hit 6.46% - up from 5.94% the week earlier. That ...
- BUDAPEST, Oct 16 (Reuters) - Hungary's central bank (MNB) unveiled a set of measures on Thursday to kickstart the country's stalled bond market and traders said the measures were a key first step in restoring confidence in the markets. The bank said ...
- BUDAPEST, Oct 16 (Reuters) - Hungary's central bank (MNB) said on Thursday it had signed a deal with primary bond dealers to boost market liquidity, under which the bank will hold auctions to buy government securities from primary dealers. The first ...
- WASHINGTON -- Rates on 30-year mortgages jumped to the highest level in eight weeks, squeezing some potential homebuyers out of the market, and reflecting how nervous lenders remain despite the massive global intervention in the credit markets ...
- The UK's biggest building society will reduce its standard variable rate (SVR) by a third of a percentage point from 6.49% to 6.19% from 1 November. A number of lenders have passed on last week's half a percentage point cut in the Bank rate to SVR ...
- Oct. 15 (Bloomberg) -- Dollar money-market rates fell after the European Central Bank, Bank of England and Swiss National Bank offered lenders unlimited U.S. currency for the first time in a coordinated effort to unlock credit markets. The London ...
- GMAC LLC, the financing arm of General Motors Corp., has "limited if any access to funding" for its mortgage and auto-lending units, Chief Executive Officer Al de Molina said in an e-mail Tuesday to employees. GMAC may trim auto lending in some ...
- John McCain in an introspective moment during a rally in Blue Bell, Pa., Tuesday. Click to see six scenarios that might deliver a McMiracle. Old warrior John McCain has survived tougher battles, but none more do-or-die politically than his showdown ...
- LONDON -- Iceland's central bank slashed official interest rates by 3.5 percentage points on Wednesday as it warned that the collapse of its banking system will lead to a "very sharp" contraction in the Nordic nation's economy. The decision by ...
- LONDON: The Bank of England said that it would offer unlimited seven-day dollar loans on Wednesday in addition to its regular offer of $10 bn in overnight funds. The BoE said the one-week loans would be offered at a fixed rate, to be announced at ...
- NEW YORK, Oct 15 (Reuters) - U.S. mortgage applications rose for a second consecutive week, reflecting a jump in demand for home loan refinancing even as interest rates surged, an industry group said on Wednesday. The Mortgage Bankers Association ...
- Vermonters who have subprime mortgages are increasingly falling more than 90 days behind on housing payments, helping fuel a rise in foreclosure filings. The pace of foreclosure filings has eased in recent months, but the level remains higher than ...
- Treasury yields were extremely volatile last week," said Orawin Velz, MBA's associate vice president of economic forecasting, in a news release. "The yield on the 10-year Treasury note -- the benchmark for the 30-year fixed mortgage rate -- moved up ...
- WASHINGTON -- Building on his $300-billion plan to bolster home values by buying up bad mortgages, Republican presidential nominee John McCain responded to Barack Obama's sweeping economic plan with one of his own Tuesday, a day before their final ...
- Oct. 15 (Bloomberg) -- Dollar money-market rates may fall after the European Central Bank offered lenders unlimited U.S. currency for the first time in a coordinated effort by policy makers around the world to unlock credit markets. The London ...
- ANZ today lowered interest rates on fixed mortgages by an extra 0.14 to 0.7 per centage points for loans up of up to four years. The reduction takes effect from Monday, October 20. ANZ has lowered its fixed rate home loans to a cumulative maximum of ...
- ANZ today lowered interest rates on fixed mortgages by an extra 0.14 to 0.7 per centage points for loans up of up to four years. The reduction takes effect from Monday, October 20. ANZ has lowered its fixed rate home loans to a cumulative maximum of ...
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