Mortgage Rates News

Financial 411: Fannie’s and Freddie’s Future Wednesday, March 10, 2010 @ 5:44PMWith banking reform in the works, how come there’s no plan yet for overhauling the mortgage market? Guest: Alyssa Katz, author of Our Lot: How Real Estate Came to Own Us. ....
Media coverage fuels spike in Prius complaints Wednesday, March 10, 2010 @ 5:31PMReports of sudden acceleration in the Toyota Prius have spiked across the country. But that doesn't mean there's an epidemic of bad gas pedals in the popular hybrid.
Soaring China home prices thwart ordinary buyers Tuesday, March 9, 2010 @ 10:09PMThe luxury apartment buildings Yang Xuhua passes on her way to work are a daily reminder of her own frustrated efforts to buy a home. Prices for even modest apartments in Shanghai have soared, putting home purchases out of reach for white collar workers and professionals.
Home on the red-hot range Tuesday, March 9, 2010 @ 10:05PMCanada's real estate market showed no sign of losing steam in February, with housing starts rising faster than expected and a new survey showing 10% of Canadians expect to buy a home in the next two years.[...]
Soaring China home prices thwart ordinary buyers Tuesday, March 9, 2010 @ 10:00PMThe luxury apartment buildings Yang Xuhua passes on her way to work are a daily reminder of her own frustrated efforts to buy a home. Prices for even modest apartments in Shanghai have soared, putting home purchases out of...
(AFX UK Focus) 2010-03-10 03:12 WRAPUP 1-Australia home loans dive, belie strength elsewhere Tuesday, March 9, 2010 @ 9:42PMBy Wayne Cole
Soaring China home prices thwart ordinary buyers Tuesday, March 9, 2010 @ 9:39PMThe luxury apartment buildings Yang Xuhua passes on her way to work are a daily reminder of her own frustrated efforts to buy a home. Prices for even modest apartments in Shanghai have soared, putting home purchases out of reach for white collar workers and... China - Shanghai - White-collar worker - Asia - Travel and Tourism
Soaring China home prices thwart ordinary buyers Tuesday, March 9, 2010 @ 9:34PMSoaring China property prices raise worries over bubble, leave many unable to buy own homes
Most Asian Stocks Fall as Oil, Cargo Rates Drop; Telstra Gains Tuesday, March 9, 2010 @ 9:31PMMarch 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.
WSJ(3/3) Dubai World Coughs Up The Knickerbocker Tuesday, March 9, 2010 @ 9:29PMThe former Knickerbocker Hotel site near the heart of Times Square has become the latest Dubai World Dubai World investment to go belly up, as well as the target of investors wanting to pick up the property at a discount price.
A new twist on 401(k) question Tuesday, March 9, 2010 @ 9:28PMSome questions resonate throughout the ages.
Bernanke’s Dilemma: Hyperinflation and the US Dollar Tuesday, March 9, 2010 @ 9:27PMBen Bernanke, Chairman of the US Federal Reserve, faces a Sisyphean task because US banks are experiencing debt deflation and, because lending is now at much lower levels, monetary deflation is encumbering the domestic US economy as existing debts continue to be serviced.
Buy to let golden rules: 'Avoid large families and flats in northern cities' Monday, March 8, 2010 @ 7:15PMJudith and Fergus Wilson have between them nearly 40 years' experience as landlords. Here are the golden rules they say you should follow for success • Buy houses. "An Englishman's home is his castle. He doesn't want to live in a flat," says Judith. The couple own only 30 flats out of 700 properties. "All the problem tenants we've had have been in flats," says Fergus. • Buy two-bed, not three or ...
Fixed-rate mortgage? Homeowners should consider all alternatives Monday, March 8, 2010 @ 6:57PMYou may pay over the odds if you panic-buy a fixed-rate mortgage when rates start rising, warn brokers Borrowers who stampede for fixed-rate deals as soon as the base rate starts rising could end up paying over the odds for their loans, mortgage brokers warn. Although the Bank of England last week kept its base rate at 0.5% for the 13th month in a row, economists and mortgage market watchers are ...
Canadian Markets: Canadian markets fall as commodities turn lower Monday, March 8, 2010 @ 11:55AMCanadian stocks lose ground as the price of crude-oil futures falls. Shares of BlackBerry maker Research In Motion climb on a ratings upgrade.
TMW launches guarantor mortgages Monday, March 8, 2010 @ 11:48AMThe range includes a number of unique limited liability mortgage products, for those wanting to guarantee a smaller proportion of a loan and full liability products, for those able to provide support for the entire mortgage.
Kensington lowers rates Monday, March 8, 2010 @ 11:48AMThe new products will be available to appointed representatives of Legal and General, Openwork and Pink Home Loans, as well as Personal Touch Financial Services, which has just launched onto Kensington's exclusive distribution list.
The Fed may retain more power in bank reform bill Monday, March 8, 2010 @ 11:41AM"Too-big-to-fail" financial institutions would continue to be overseen by the Fed under a legislative proposal that's being crafterd in the Senate, according to people familiar with negotiations on broad bank-reform legislation.
The Case Against the Destruction of a Free Market Sector of Our State's Real Estate Industry: New York Taxpayers for ... Monday, March 8, 2010 @ 11:36AMNEW YORK, March 8 /PRNewswire-USNewswire/ -- The New York Taxpayers for Economic Justice, Inc., representing a broad coalition of legal, real estate, and free market leadership throughout New York State, today announced their opposition to A9441-S6288, a bill in the New York State Legislature which directs the State Insurance Fund to begin offering title insurance, a class of insurance vastly ...
Fitch Affirms 2 & Downgrades 4 Classes of Coronado CDO, Ltd./Inc. Monday, March 8, 2010 @ 11:36AMNEW YORK----Fitch Ratings has affirmed two and downgraded four classes of notes issued by Coronado CDO, Ltd./Inc. . The details of the rating action follow at the end of this release.
Great Real Estate Deals Likely to End This Spring Monday, March 8, 2010 @ 11:35AM1. "Interest rates are likely to rise.
FDIC's Bair says low interest rates "appropriate" Monday, March 8, 2010 @ 11:31AMARLINGTON, Virginia (Reuters) - A low interest rate policy is "clearly appropriate" due to the still struggling economy, a top U.S. bank regulator said on Monday, while also expressing frustration tha...
The Global Debt Crisis Monday, March 8, 2010 @ 11:31AMAs the ominous example of Japan shows us, soaring debt levels (resulting from fiscal stimulus and low growth) and financial forbearance (socializing private losses) is not a recipe for economic success.
Mortgages 'more easily available' Monday, March 8, 2010 @ 6:56AMMortgage availability for homebuyers has improved over the past month, according to figures from the financial information service Moneyfacts.At the start of March there were 1,798 mortgage deals avai...
Celebrities Cashing In On Red Carpet Monday, March 8, 2010 @ 6:53AMIn the world of fashion, the marriage of style and celebrity becomes a huge publicity opportunity.
Pennsylvania helps jobless residents pay their mortgages Monday, March 8, 2010 @ 6:49AMErin and Robert Smith had no problem handling the $2,000 monthly payment on their home ... until they lost their jobs.
More Canadians plan to buy a new home by 2012: RBC Monday, March 8, 2010 @ 6:23AMA new study by the Royal Bank suggests more Canadians are very likely to buy a new home in the next two years.
5 Baddest UFC Fighters Strike Fear Monday, March 8, 2010 @ 5:53AMYou might think you're bad, but are you UFC bad? These five mixed-martial arts fighters reach the level of "wouldn't want to run into in them in a dark alley" bad.
UK Mortgages 2010: Mortgage Innovation - New Market Report Published Monday, March 8, 2010 @ 5:50AMWith the worst of the credit crunch behind them, UK lenders can start shifting their focus to product innovation, looking abroad for inspiration. This brief looks at overseas mortgage innovations, and discusses their applicability to the UK market.
More Canadians plan to buy a new home by 2012, says RBC study Monday, March 8, 2010 @ 5:28AMTORONTO - A new study by the Royal Bank suggests more Canadians are very likely to buy a new home in the next two years. Ten per cent of the 2,047 people surveyed for the 17th annual RBC home ownership study said they plan to buy a home by 2012 - up from seven per cent two years ago.
Residential developer still busy after five recessions Monday, March 8, 2010 @ 5:11AMAny good home builder tries to adapt to the current real estate market, but Fort Worth’s Jim Harris has done more than adapt – and he has seven different home building firms to prove it.
Report shows region set to prosper Thursday, March 4, 2010 @ 11:00AMMORE than one million people visited our region last year. And that is why we are confident about our region’s growth and its future prosperity.
Obama's new adversary: Republican representative Paul Ryan Thursday, March 4, 2010 @ 10:45AMOn the eve of President Barack Obama's winter health-care summit, Rep. Paul Ryan is dining at Talay Thai, a no-frills restaurant with metal chairs and Formica tables. On this frigid evening, Ryan strolled coatless to Talay -- "I'm from Wisconsin!" he says -- from his cramped Capitol Hill office, where tonight, as on most nights, he'll sleep on a cot.
Mortgage Rates March 4, 2010 Thursday, March 4, 2010 @ 10:42AMGreg McBride explains why mortgage rates retreated again this week. Get up to Four Loan Offers in Minutes! Rates stay almost the same; more details about HARP refis, mortgage insurance, and divorce.
Pending home sales fall 7.6 percent in January Thursday, March 4, 2010 @ 10:41AMWASHINGTON (AP) — The number of buyers who agreed to purchase a home fell sharply in January, a sign that demand for...
Quicken Loans Posted Record Profits in Mortgages, CEO Says Thursday, March 4, 2010 @ 10:38AMMarch 4 (Bloomberg) -- Quicken Loans Inc., the home lender founded by Cleveland Cavaliers owner Dan Gilbert , has remained profitable during the mortgage crisis and posted record results in its last fiscal year, its chief executive officer said.
Debt's not so bad, in small doses Thursday, March 4, 2010 @ 10:34AMI'm thinking of a four-letter word that might make your heart race: debt. Basic human instinct seems to tell us debt is bad - to be avoided entirely or paid off as quickly as possible. As Polonius advises his son Laertes in Hamlet, ''Neither a borrower nor a lender be.''
Pending Home Sales Plummet 7.6 Percent In January Thursday, March 4, 2010 @ 10:30AMWhat's Your Reaction? WASHINGTON — The number of buyers who agreed to purchase a home fell sharply in January, a sign that demand for housing is sinking this winter as stormy weather slammed Eastern states.
Mortgage rates on 30-year U.S. loans fall to 4.97 percent Thursday, March 4, 2010 @ 10:27AMU.S. mortgage rates declined, lowering borrowing costs as the housing market's recovery shows signs of slowing.
Fed Fights Deflationary Demons Thursday, March 4, 2010 @ 10:18AMIn the wake of a credit collapse with unemployment at double-digit rates, what Ben Bernanke fears most is deflation. It's here.
Big Islanders Welcome Foreclosure Mediation Program Tuesday, March 2, 2010 @ 9:47PMA pilot program promises mediation for owner-occupant foreclosure cases.
Gov't adopts formula that doubles elderly poor Tuesday, March 2, 2010 @ 9:44PMThe government took steps Tuesday to highlight the increasing numbers of poor Americans, adopting a revised formula that is expected to double the number of older people classified as living in poverty to nearly 1 in 5.
Moody's says recession over in Lebanon Tuesday, March 2, 2010 @ 9:11PMLebanon County is no longer in recession, according to a noted economic Web site.
Lawmaker wants TARP money expanded to Ohio Sunday, February 28, 2010 @ 6:37AMMANSFIELD -- U.S. Sen. Sherrod Brown last week called on President Barack Obama to expand his recently announced foreclosure assistance program to Ohio.
It's make your mind up time, warns David Cameron as he sets out key pledges Friday, February 26, 2010 @ 4:18PMTomorrow the Tory leader will frame the imminent General Election as a 'real choice' between more of the same under Labour and the Prime Minister or change with the Conservatives.
Growth likely slowing after big year-end spurt Friday, February 26, 2010 @ 4:11PMRecovery expected to lose steam after bolting ahead at 5.9 percent pace in Q4; home sales sag
Growth likely slowing after big year-end spurt Friday, February 26, 2010 @ 4:00PMThe economy is now likely expanding at just half the brisk 5.9 percent pace at which the government on Friday estimated it grew last quarter.
Bernanke: Record-low rates are still needed Wednesday, February 24, 2010 @ 3:38PMWASHINGTON (AP) -- Federal Reserve Chairman Ben Bernanke told Congress today that record-low interest rates are still needed to ensure that the economic recovery will last and to help ease the sting of high unemployment.
Lawmakers Blast Anthem Blue Cross Executives for Insurance Rate Hikes Wednesday, February 24, 2010 @ 3:37PMHouse Members Seize on Hefty Compensation, Lavish Retreats WellPoint - Insurance - Business - Financial Services - Carriers
Win some, lose some Sunday, February 21, 2010 @ 4:20PMThough they may not be available for much longer, teaser rates on home loans could be an attractive option. But be aware that you will pay a higher rate of interest in future, says V. Kumara Swamy