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Latest news
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

Triad mortgage brokers wait for a bump in activity
The drop in mortgage interest rates sparked by the dramatic cut in the key federal funds rate in December has yet to translate into a big bump in Triad home lending activity, according to area brokers.
Read more News Source - BizJournals
Publish date - 05:43:49 01/05/09

U.K. Mortgage Approvals Drop to the Lowest Since at Least 1999
Jan. 2 (Bloomberg) -- U.K. mortgage approvals dropped to the lowest since at least 1999 in November and banks predict they will restrict lending further to companies and consumers as the recession causes spiralling defaults and losses.
Read more News Source - Bloomberg
Publish date - 10:39:03 01/02/09

Fed Focuses on Consumer, Corporate Rate Spreads Over Treasuries
Jan. 6 (Bloomberg) -- Federal Reserve officials are focused on driving down the spreads between U.S. Treasury yields and consumer and corporate loans, after cutting the main interest rate to almost zero failed to revive lending.
Read more News Source - Bloomberg
Publish date - 06:05:21 01/06/09

Non-Agency Mortgage Bonds Rallied as Rates Declined (Update2)
Jan. 5 (Bloomberg) -- U.S. mortgage bonds without government support rose last month, as efforts by the Federal Reserve and Treasury Department to lower home-loan rates boosted investor demand.
Read more News Source - Bloomberg
Publish date - 22:55:15 01/05/09

Fixed-Rate Mortgage Rates Post Decline
Fixed-rate mortgage rates declined in the week ending Wednesday, with the 30-year mortgage rate at its lowest level at least since tracking began in 1971, mortgage giant Freddie Mac (FRE) said in its weekly survey.
Read more News Source - Fox News
Publish date - 19:08:11 12/31/08

Non-Agency Mortgage Bonds Rallied as Rates Declined (Update1)
Jan. 5 (Bloomberg) -- U.S. mortgage bonds without government support rose last month, as lower home-loan rates boosted investor demand. Securities initially rated AAA and backed by prime- jumbo mortgages with five years of fixed rates climbed 5 cents on the dollar in December to 75 cents, according to JPMorgan Chase & Co. data.
Read more News Source - Bloomberg
Publish date - 17:24:26 01/05/09

Low Mortgage Interest Rates
As the economy has slowed, mortgage interest rates have fallen to their low read more
Read more News Source - 12 FOX Mankato
Publish date - 01:27:16 01/06/09

Pound Has Weekly Drop Against Dollar as Mortgage Approvals Fall
Jan. 3 (Bloomberg) -- The pound slid for a third week against the dollar, the longest run of declines since September, and two- year gilt yields tumbled to the lowest level on record as reports showed U.K. mortgage approvals fell and manufacturing shrank.
Read more News Source - Bloomberg
Publish date - 16:18:18 01/03/09

Mortgage rates lowest in three decades
U.S. mortgage rates dropped to the lowest in more than three decades as the government stepped up efforts to revive the housing market.
Read more News Source - The Cincinnati Enquirer
Publish date - 10:47:25 01/01/09


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