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Latest news
Interest Rate Roundup
Mortgage 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.
Read more News Source - Bankrate.com
Publish date - 14:12:29 03/11/10

BMO Offers Canadians Lowest Five-Year Fixed Rate Mortgage with no transfer-in fees
BMO Bank of Montreal's new five-year fixed rate mortgage is available to all Canadians with the lowest rate at 3.75 per cent. Whether you are a first time home buyer or want to switch your mortgage with no transfer-in fees, BMO provides clarity to help make the right financial decisions.
Read more News Source - CNW Group via Yahoo! Finance
Publish date - 22:26:20 03/05/10

Fannie Mae Mortgage-Bond Spreads Fall to Record: Credit Markets
March 9 (Bloomberg) -- Yields on Fannie Mae and Freddie Mac mortgage securities that guide U.S. home-loan rates fell to the lowest relative to Treasuries on record, even as the scheduled end of Federal Reserve purchases approaches.
Read more News Source - Bloomberg
Publish date - 21:47:42 03/09/10

Rates fall again to new low
Mortgage 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.
Read more News Source - Bankrate.com
Publish date - 14:13:45 03/11/10

Personal Finance Daily: Driving is safer than ever
Highways are safer than they’ve ever been, with the rate of traffic fatalities in 2009 falling to its lowest level ever.
Read more News Source - Market Watch
Publish date - 01:00:43 03/12/10

Fannie Mae Mortgage-Bond Spreads Fall to Record: Credit Markets
March 9 (Bloomberg) -- Yields on Fannie Mae and Freddie Mac mortgage securities that guide U.S. home-loan rates are trading at the lowest relative to Treasuries on record, even as the scheduled end of Federal Reserve purchases approaches.
Read more News Source - Bloomberg
Publish date - 03:32:35 03/09/10

U.S. MBA Mortgage Applications Index Rose 0.5% Last Week
March 10 (Bloomberg) -- Mortgage applications in the U.S. rose for a second week, led by an increase in purchases that may indicate the renewal of a homebuyer tax credit is starting to invigorate demand.
Read more News Source - Bloomberg
Publish date - 13:25:10 03/10/10

Sam Dunn:'How can we get a better rate?'
Question: Our two-year fixed mortgage with Chelsea building society has ended and we've gone to its standard variable rate (SVR) only to discover that it stands at a huge 5.79 per cent. Yet friends also on an SVR are only paying 3 per cent in some cases. Is there any way to switch such rates? It seems ridiculously unfair that luck of the draw means we pay a huge sum compared to somebody else ...
Read more News Source - Independent
Publish date - 01:15:05 03/10/10

HSBC drops mortgage rates to 6.75% from 8.5%
New rate to be offered to first time buyers & new customers who have 25% deposit.
Read more News Source - Arabian Business
Publish date - 14:01:49 03/10/10

(AFX UK Focus) 2010-03-11 15:53 UPDATE 1-US mortgage rates drop 2nd straight wk-Freddie Mac
By Julie Haviv
Read more News Source - Interactive Investor
Publish date - 16:14:23 03/11/10


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