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- Three major mortgage lenders have hiked their rates, signalling an end to the recent trend of falls in the cost of home loans. HSBC, Barclays’ lending arm the Woolwich and internet and telephone bank First Direct all said they were passing on ...
- WASHINGTON Rates on 30-year mortgages, which had been falling for five weeks, jumped sharply this week, reflecting the turbulence in global credit markets. Freddie Mac reported yesterday that its nationwide survey found the average for 30-year, fixed ...
- New homes sales fell by 11.5% in August to a seasonally adjusted annual sales rate of 460,000 units, the slowest sales pace since January 1991, the Commerce Department said today.
- Three of Britain's leading mortgage lenders raised the cost of home loans yesterday as a fortnight of turmoil in the global financial system pushed up the cost of borrowing for banks. HSBC, Woolwich and the internet and telephone bank First Direct ...
- New home sales tumbled in August to the slowest pace in 17 years, while mortgage rates spiked this week, increasing pressure on the new chief executives of Fannie Mae and Freddie Mac to help stabilize the housing market. New homes sales fell by 11.5 ...
- LONDON (Reuters) - HSBC is hiking the cost of its fixed mortgages from Friday in reaction to credit market turbulence last week, a move widely expected by analysts. HSBC, the country's ninth largest lender, said it would increase the interest on its ...
- One of Britain's leading mortgage lenders raised the cost of home loans today as a fortnight of turmoil in the global financial system pushed up the cost of borrowing for banks in the City's money markets. HSBC added to the pressure on an already ...
- First-time buyers hit as City turmoil forces HSBC to increase cost of fixed-rate mortgages By Daily Mail Reporter Last updated at 3:37 PM on 25th September 2008
- NEW YORK, Sept 25 (Reuters) - Interest rates on U.S. 30-year fixed-rate mortgages rose by 0.31 percentage point in the latest week, the biggest weekly climb since July, according to a survey released on Thursday by home funding company Freddie Mac ...
- PHILADELPHIA, Sept 25 (Reuters) - With the U.S. financial system in crisis due to surging mortgage defaults, a Philadelphia program designed to reduce foreclosure sales may provide a national model to keep people in their homes. The program, based ...
- It continues to aim to attract "safer" borrowers by cutting costs on a fixed-rate deal for those offering a 25% deposit. From 1500 BST on Friday 26 September, the bank's internet arm First Direct will raise its two-year fixed rate deals by 0.2 ...
- WASHINGTON, Sept. 25 (UPI) -- Interest rates for 30-year, fixed-rate U.S. mortgages increased in the week ending Sept. 25, the Federal Home Loan Mortgage Corp. ( OTCPK:FREJO ) said Thursday. The 30-year, fixed-rate mortgage averaged 6.09 percent with ...
- It continues to aim to attract "safer" borrowers by cutting costs on a fixed-rate deal for those offering a 25% deposit. From 1500 BST on Friday 26 September, the bank's internet arm First Direct will raise its two-year fixed rate deals by 0.2 ...
- MOSCOW, Sept 25 (Reuters) - Russian mobile operator Vimpelcom (VIP.N: Quote , Profile , Research , Stock Buzz ), which had planned to take a $1 billion loan, has opted for 500 million-600 million euros as credit conditions have tightened, a banking ...
- HSBC today became the first of the major lenders to announce it was hiking its mortgage rates following the recent jump in wholesale funding costs. The group is increasing its fixed-rate deals for borrowers with just a 10 per cent deposit by 0.3 per ...
- New homes sales fell by 11.5% in August to a seasonally adjusted annual sales rate of 460,000 units, the slowest sales pace since January 1991, the Commerce Department said today.
- Kiwibank is cutting its two-year fixed-rate mortgage by 0.3 of a percentage point to 7.99 percent, saying it is "jumping the gun" on an expected cut to official rates late next month. In a statement today the bank said it was the only bank in this ...
- Sept. 24 (Bloomberg) -- Treasuries rose, led by three-month bills , as investors sought the safety of government debt amid concern that a bailout of financial institutions won't happen quickly enough to ease short-term funding constraints. Three ...
- The Connecticut Housing Finance Authority will hold two area forums for homeowners with sub-prime adjustable rate mortgages looking to convert their debt to 30-year fixed loans. The forums also will feature information on other refinancing programs ...
- LONDON : Money-market interest rates increased significantly Wednesday as banks sought to bolster balance sheets while concerned deepened that a bailout of financial institutions would not happen quickly enough to ease short-term funding constraints ...
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