Coventry to launch new mortgage products
Coventry, a UK-based building society, is launching a new range of mortgage products, which include a two-year residential fixed rate of 4.99% available at 85% loan to value, with free valuation and free remortgage transfer service.
Read more News Source - Banking Business Review
Publish date - 11:42:23 01/06/09

---

New York Fed Begins Purchases of Agency Mortgage Debt (Update3)
Jan. 5 (Bloomberg) -- The Federal Reserve Bank of New York started buying mortgage-backed securities today as part of a $500 billion program to support the U.S. housing market.
Read more News Source - Bloomberg
Publish date - 23:39:06 01/05/09

---

Housing still soft despite rate drops
Mortgage rates, which are at record lows, are key to an economic recovery, economist Ed Yardeni says.
Read more News Source - The News & Observer
Publish date - 11:41:07 01/06/09

---

Falling mortgage rates draw interest from local homeowners
LAS CRUCES — For three consecutive weeks, rates on 30-year mortgages have fallen to record lows and people across the nation are taking advantage. Last week the Mortgage Bankers Association reported mortgage applications were at the highest level in more than five years.
Read more News Source - Las Cruces Sun-News
Publish date - 02:15:32 01/06/09

---

Mortgage Modification Warning
Looking to modify your mortgage? Experts are warning you to be careful. Some companies are preying on the vulnerable and making promises they can't always keep. INSIDE: Bill Spencer Tells You What You Should Look...
Read more News Source - WXYZ-TV Detroit
Publish date - 23:26:00 01/05/09

---

Jumbo mortgage loan rates put damper on refinancing
While plunging mortgage rates have spawned a frenzy of refinancing, borrowers with larger, so-called jumbo loans are still seeing interest rates in the 7 percent range, prompting many to abandon refinancing plans altogether or resort to creative transactions.
Read more News Source - Boston Globe
Publish date - 09:53:22 01/05/09

---

Mortgage rates hit 37-year low
SANDUSKY Homeowners and homebuyers finally received some good news -- the 30-year fixed mortgage rate has sagged to its lowest point in 37 years.
Read more News Source - The Sandusky Register
Publish date - 08:29:57 01/04/09

---

Interest rates dropping for those with good credit
Despite the current economic crisis, mortgage rates have dropped significantly since the Federal Reserve recently unveiled a plan to buy up to $500 billion of mortgage securities backed by government-sponsored enterprises Fannie Mae , Freddie Mac and Ginnie Mae.
Read more News Source - Warren Times Observer
Publish date - 05:11:01 01/06/09

---

Low mortgage rates don’t entice buyers
As mortgage rates continue to flirt with 30-year lows, local lenders say they’re seeing a definite uptick in refinancing inquiries, but the historic low rates have done little to convince on-the-fence home buyers to re-enter the market.
Read more News Source - Fort Worth Business Press
Publish date - 11:06:44 01/05/09

---

New Year's Resolutions: Fix Your Finances
If your New Year's resolutions concern improved money management, you're in luck: This past year saw the introduction of several new Web-based personal-finance sites and useful upgrades to older ones. Almost all are free, supported by marketing tie-ins to various offers that might help in your endeavors--a credit card with a lower interest rate, for example, or a favorable mortgage refinance.
Read more News Source - PC World via Yahoo! News
Publish date - 06:03:21 01/05/09

---