You'll need a 40% deposit, mortgage-hunters are warned
A quarter of mortgage deals are available only to borrowers with a 40 per cent deposit, it has been revealed.
Read more News Source - Daily Mail
Publish date - 08:36:41 01/06/09

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Sauro Sees Mortgage Rates Falling on Fed Debt Purchase
John Sauro, President of North Atlantic Mortgage Corp., talks with Bloomberg's Rhonda Schaffler about the U.S. government's strategy to lower interest rates on mortgages.
Read more News Source - PRWeb via Yahoo! News
Publish date - 08:39:21 01/06/09

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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

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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

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Mortgage rates rock
Santa Fe mortgage brokers and bankers are experiencing a rush of mortgage applications as borrowers react to lower rates by refinancing mortgages and, to a lesser degree, buying new homes.
Read more News Source - Santa Fe New Mexican
Publish date - 06:15:09 01/06/09

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Mortgage rationing gets tougher
Mortgage lenders are continuing to demand larger deposits as they ration home loans to their customers.
Read more News Source - BBC News
Publish date - 12:21:16 01/05/09

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State mortgage help widened
The government extends state help for people struggling to make mortgage payments after losing their jobs.
Read more News Source - BBC News
Publish date - 10:33:04 01/06/09

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(AFX UK Focus) 2009-01-05 14:55 Spaniards to spend 15 pct less in sales - study
MADRID, Jan 5 (Reuters) - Spaniards will spend 15 percent less on average in this year's winter sales, a total of 106 euros each, marking what could be one of the steepest falls in sales spending in Europe, a study showed on Monday. The fall is only the second in the last 10 years after a 3 percent drop in 2007-2008 winter sales when Spaniards felt the pinch of rising mortgage interest rates and ...
Read more News Source - Interactive Investor
Publish date - 15:16:14 01/05/09

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Mortgage crisis here may be worse than reported
Dorothy Gary never lost her home, but the senior citizen's oversized 24 percent mortgage rate brought her awfully, awfully close.
Read more News Source - The Buffalo News
Publish date - 13:33:39 01/05/09

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Jobless to get extra help with mortgage
LONDON: Extra help for mortgage payers who lose their jobs comes into force yesterday amid fears that 75,000 homes could be repossessed this year as the economic downturn bites.
Read more News Source - Gulf Times
Publish date - 22:37:03 01/05/09

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