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Fixed Rate Mortgage - News Articles
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Thursday, October 23, 2008
Globe and Mail, Canada -
Credit market conditions continue to improve Thursday, with the cost of inter-banking lending now down sharply from the panic levels seen in early October. After hitting highs near 5 per cent on Oct. 10, a point at which the financial funding ... -
Thursday, October 23, 2008
Xinhua, China -
WELLINGTON, Oct. 23 (Xinhua) -- New Zeland's Reserve Bank does not expect the New Zealand economy to come out of recession soon. New Zealand's central bank ... -
Thursday, October 23, 2008
Reuters -
By Keith Weir LONDON (Reuters) - New Zealand and Sweden cut interest rates on Thursday in response to the financial crisis and weak Japanese exports added ... -
Thursday, October 23, 2008
Sydney Morning Herald, Australia -
NEW ZEALAND'S central bank yesterday cut its benchmark interest rate by a record 1 percentage point to 6.5 per cent and foreshadowed further reductions to limit damage from the worldwide financial crisis and a slump in the global economy. "Economic activity will ... -
Oct 21, 2008
Dailyrecord.com, NJ -
By SANDRA BLOCK • USA TODAY • October 21, 2008 Most Americans have never heard of the London Interbank Offered Rate, but a surge in the index could hurt some of the nation's most vulnerable borrowers and increase the foreclosure rate. ... -
Oct 20, 2008
San Francisco Chronicle, USA -
Borrowers generally hate adjustable rate mortgages, but this sentiment may be illogical, because ARMs often offer relatively low rates. After all, why would the average homeowner choose a high fixed interest rate for 30 years when he stays ... -
Oct 21, 2008
USA Today -
The London Interbank Offered Rate, or LIBOR, sounds like one of those funny British idiosyncrasies, like warm beer or the royal family. But if you have an adjustable-rate mortgage or a student loan tied to the LIBOR, you will not be ... -
Wednesday, October 22, 2008
MSN Money -
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Wednesday, October 22, 2008
Reuters -
By Patrick Rucker SAN FRANCISCO, Oct 21 (Reuters) - At a conference marred by protesters and poor attendance, US home lenders gathered grim-faced over the last three days to take stock of a once high-flying industry battered by a record housing..."; ... -
Thursday, October 23, 2008
Newsday, NY -
US mortgage applications fell last week to the lowest level in almost eight years as the worst financial crisis in seven decades dried up lending. The Mortgage Bankers Association's index of applications to purchase a home or refinance a loan dropped ...
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Wednesday, October 22, 2008
BloggingStocks -
More bad news on the struggling housing market today, as the Mortgage Bankers Association announced that last week mortgage applications dropped to an eight year low . This is another sign that people are not ready to jump back into the housing market ... -
Wednesday, October 22, 2008
Reuters -
By Lynn Adler NEW YORK, Oct 22 (Reuters) - Demand for applications to buy US homes and refinance mortgages sank to the lowest level in nearly eight years, a trade group said on Wednesday, in the heart of a financial crisis that has sapped..."; ... -
Thursday, October 23, 2008
Money Magic Mortgage News, UK -
Mortgage lender Abbey has cut the rate on its three-year fixed-rate product, citing rising demand for fixed-rate mortgages as the reason. The bank''s monthly remortgage index highlighted that such offerings have increased in popularity for the third consecutive month, ... -
Oct 21, 2008
Easier (press release), UK -
Despite speculation of an imminent cut in the base rate, fixed rate mortgages have increased in popularity for the third consecutive month, with three-year fixes proving the most popular, according to the most recent monthly Abbey Remortgage Index. The findings ... -
Oct 22, 2008
Beat That Quote News, UK -
Despite many people anticipating further cuts in the Bank of England's base rate, fixed-rate mortgages continue to be popular among borrowers, it has been claimed. Research by Abbey discovered that fixed-rate mortgages have increased in popularity for ... -
Oct 22, 2008
ifaonline.co.uk, UK -
By John Bakie Demand for fixed rate mortgages is on the up despite a surprise interest rate reduction this month and the prospect of further cuts on the horizon. Click here to let ... -
Oct 22, 2008
Property News, UK -
Alliance & Leicester said that it is to trim its standard variable rate deals by 0.25 per cent from November 2nd. This is following the previous ... -
Oct 22, 2008
Easier (press release), UK -
NatWest and RBS have announced they will be replacing a number of their fixed rate mortgages with reduced rates of as much as 0.60% and a minimum of 0.35%, as well as lowering selected arrangement fees by £500. The lower fixed rate mortgages are available ... -
Wednesday, October 22, 2008
Mortgage Solutions, UK -
Abbey will cut the rate on its three-year fixed rate deal by 0.15% to 5.39% up to 70% LTV from 23 October. Nici Audhlam Gardiner, director of Abbey Mortgages, said it has been researching fixed rate mortgages, and three year deals are now increasingly popular. ... -
Wednesday, October 22, 2008
Choices, UK -
Mortgage lenders Natwest and RBS announced today that they would be reducing the rate of their fixed rate mortgages by as much as 0.6 per cent. In further good news for borrowers, the two banks said that fixed rate mortgages would be cut ...
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