Mortgage Rates News

Get funding when considering home ownership Sunday, March 14, 2010 @ 8:35AMOften the cost of real estate financing is routinely greater than the original purchase price of a home (after including interest and closing costs). Because financing is so important, buyers should have as much information as possible regarding mortgage options and costs.
Tax liens on the rise in cities Sunday, March 14, 2010 @ 7:41AMTax liens in Fitchburg and Leominster rose in fiscal year 2009, and have fluctuated during the past several years, a sign of tough times for homeowners and developers, city officials said this week.
Budget 'critical' to election result, says Alistair Darling Sunday, March 14, 2010 @ 7:34AMNext week's Budget will focus on measures to encourage economic growth but will not have details of public spending cuts.
Next bubble: Commercial real estate Sunday, March 14, 2010 @ 6:03AMDevelopers, owners of buildings trying to stay ahead of any crisis
WBOC-TV 16, Delmarvas News Leader, FOX 21 - Foreclosure Rates up by Smallest Amount in 4 Years Friday, March 12, 2010 @ 7:25AMWASHINGTON (AP)- The foreclosure crisis isn't over, but the pace of growth may finally be slowing down.
Mortgage rates slip Friday, March 12, 2010 @ 7:21AMThe average interest rate on a 30-year fixed-rate mortgage dropped to 4.95% this week from 4.97% last week, Freddie Mac said Thursday.
Jackson Health Systems Asks For $80 Million Loan Friday, March 12, 2010 @ 7:15AMJackson Health Systems has requested an $80 million emergency loan.
Reserve Bank put heat on Lehman over accounting Friday, March 12, 2010 @ 7:08AMMonths before the Lehman Brothers collapse brought the world's financial markets to a halt, the bank's minions were facing RBA questions about suspect transactions.
InnVest REIT Reports Fourth Quarter Results Friday, March 12, 2010 @ 7:08AMTORONTO, ONTARIO--(Marketwire - March 12, 2010) - InnVest Real Estate Investment Trust ("InnVest" or the "Trust") (TSX:INN.UN) today announced financial results for the three and twelve months ended December 31, 2009. Unless otherwise indicated, monetary data is in thousands of dollars, except for per unit, average daily rate ("ADR"), and revenue per available room ("RevPAR") amounts. "
Bubble and squeak as first home buyers feel the heat Friday, March 12, 2010 @ 7:08AMAs middle and inner-Melbourne property prices soar and interest rates climb, first home buyer areas are feeling the pressure.
Heartbreak for first-home buyers Friday, March 12, 2010 @ 7:00AMFIRST-home buyers are deserting the real estate market, priced out by the national boom in property prices. Battlers are falling off the property ladder.
Reserve tipped to keep raising rates Friday, March 12, 2010 @ 7:00AMCREDIT markets believe the Reserve Bank will step up its interest rate increases over coming months
(AFX UK Focus) 2010-03-12 12:50 Uganda's external debt jumps fourfold in 3 yrs - report Friday, March 12, 2010 @ 6:56AMBy Elias Biryabarema
Pennsylvania Real Estate Investment Trust Reports Fourth Quarter and Full Year 2009 Results Friday, March 12, 2010 @ 6:55AMPHILADELPHIA----Pennsylvania Real Estate Investment Trust today reported results for the quarter and full year ended December 31, 2009. A description of each non-GAAP financial measure and the related reconciliation to the comparable GAAP measure are located at the end of this press release.
Treasury Yield Curve Near Record Before $13 Billion Bond Sale Thursday, March 11, 2010 @ 5:59AMMarch 11 (Bloomberg) -- Treasury 30-year yields were near the highest on record compared with two-year rates as the U.S. prepared to sell $13 billion of long bonds amid signs the global recovery is gaining momentum.
(AFX UK Focus) 2010-03-11 11:33 INSTANT VIEW 1-Irish Feb CPI -3.2 pct y/y, HICP -2.4 pct Thursday, March 11, 2010 @ 5:58AMDUBLIN, March 11 (Reuters) - Ireland's consumer price index (CPI) rose by 0.4 percent in February compared with January, in line with forecasts, to stand 3.2 percent lower than a year earlier, official figures showed on Thursday.
Land-bank bill advances in Ohio Senate Thursday, March 11, 2010 @ 5:48AMAs the state's foreclosure crisis continues to overwhelm the private market’s ability to buy up vacant houses, state lawmakers appear ready to help counties better control the situation.
Mortgage Rate Trend Index Thursday, March 11, 2010 @ 5:37AMWill rates rise or remain relatively unchanged? Experts and Bankrate analysts provide their insights.
Interest Rate Roundup Thursday, March 11, 2010 @ 5:37AMMortgage rates fell to their lowest point of 2010, with the 15-year fixed-rate mortgage hitting a record low. The average 30-year fixed-rate mortgage fell 4 basis points, to 5.08 percent. A basis point is one-hundredth of a percentage point.
Rates fall again to new low Thursday, March 11, 2010 @ 5:36AMMortgage rates fell slightly this week, to the young year's lowest point. The benchmark 30-year fixed-rate mortgage fell 4 basis points this week, to 5.08 percent, according to the Bankrate.com national survey of large lenders. A basis point is one-hundredth of 1 percentage point.
European alternative manager realises gains on hedge fund Thursday, March 11, 2010 @ 5:32AMQueen's Walk Investment, the listed hedge fund run by Cheyne Capital Management, which began a strategy of buying undervalued investment grade ABS in 2008, has realised some gains on these holdings, highlighting the success of this policy.
Relevant Links Thursday, March 11, 2010 @ 5:21AM"Out of these factors, finance is the most critical, both for housing production and home acquisition.
CashCall Mortgage Explains Why You Should 'Never Pay Closing Costs'... Traditional Lenders Upset That Industry Secret ... Thursday, March 11, 2010 @ 5:15AMANAHEIM, Calif.----A recent radio ad by CashCall Mortgage seems to have struck a nerve with many competitors in the lending business. The commercial urges consumers ‘never to agree to pay closing costs,’ particularly for those refinancing at the same outstanding balance.
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.