Mortgage and Financial News From 2007-8-23 Page 7

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  • Bank saves households from more rate pain

    Stuff - The Reserve Bank has saved home owners from the growing threat of a rise in floating mortgage rates to 11 per cent. Following a crisis meeting between bankers and the Reserve Bank on Monday, the bank said yesterday that it would take a "temporary ...
    2007-08-23 04:59:00

  • Your Money Matters: Dealing With Rising Mortgage Interest Rates

    WPXI - (ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans their home equity represents the cornerstone of their ...
    2007-08-23 01:10:00

  • Bankrate: Jumbo Mortgage Rates Rise Again

    Worldnews.com - NEW YORK , Aug. 9 /PRNewswire-FirstCall/ -- It was a topsy-turvy week for mortgage rates, with the average conforming 30-year fixed mortgage rate falling to 6.66 percent. According to Bankrate.com's weekly national survey of large lenders, the ...
    2007-08-23 01:24:00

  • US mortgage firm gets $2bn boost

    BBC Business - The sub-prime sector covers loans made to people with poor credit histories or who may be on low incomes. The market has seen rise in the number of defaults on loans as rising US mortgage rates have made it harder for homeowners to meet their debts
    2007-08-23 02:22:00

  • Carteret Mortgage Deploys Market Kinetix's Deal Maker Score

    Forbes - Higher scores mean more program choices and possibly lower interest rates." Mortgage originators benefit greatly as well. "It's very natural for our loan officers to want to help their clients," explains Weinstein. "With Deal Maker, they can save a ...
    2007-08-23 01:39:00

  • Expanded Reporting of Credit Tool Increases GERI's Mortgage

    MSN MoneyCentral - He continues, "This demonstrates that by adding the tool to achieve the lowest mortgage rates for our customers, more options for mortgages have become available that would not exist without it and it helps the borrowers to achieve the best and ...
    2007-08-23 04:23:00

  • Bankrate: Fixed and Adjustable Mortgage Rates Take Opposite Paths

    MSN MoneyCentral - NEW YORK, Aug. 23 /PRNewswire-FirstCall/ -- Fixed mortgage rates declined, with the average conforming 30-year fixed mortgage rate falling to 6.58 percent. According to Bankrate.com's weekly national survey of large lenders, the average 30-year fixed ...
    2007-08-23 11:37:00

  • U.S. mortgage rates drop in latest week-Freddie Mac

    Reuters - Last: WASHINGTON, Aug 23 (Reuters) - A slowing housing market and the Federal Reserve's steps to allay concerns about credit pushed mortgage rates down this week, mortgage giant Freddie Mac said on Thursday. Average rates on 30-year mortgages, the ...
    2007-08-23 05:14:00

  • Bankrate: Fixed and Adjustable Mortgage Rates Take Opposite Paths (PR Newswire via Yahoo! Finance)

    Fixed mortgage rates declined, with the average conforming 30-year fixed mortgage rate falling to 6.58 percent. According to Bankrate.com's weekly national survey of large lenders, the average 30-year fixed mortgage has an average of 0.28 discount and origination points.
    2007-08-23 11:30:00

  • Mortgage rates down this week (AP via Yahoo! News)

    Rates on 30-year mortgages sank this week to their lowest point since late May, providing a little ray of sunlight for would-be home buyers.
    2007-08-23 04:27:16

  • lower yields, Fed cut help mortgage rates (EARTHtimes.org)

    Lower treasury yields and the Federal Reserve rate cut helped ease mortgage rates this week, the Freddie Mac mortgage report said Thursday. The 30-year fixed-rate mortgage averaged 6.52 percent with an average 0.4 point this week, down from last week's 6....
    2007-08-23 04:23:03

  • lower yields, Fed cut help mortgage rates (Moldova.org)

    Lower treasury yields and the Federal Reserve rate cut helped ease mortgage rates this week, the Freddie Mac mortgage report said Thursday.The 30-year fixed-rate mortgage averaged 6.52 percent with an average 0.4 point this week, down from last week's 6.62.The 15-year FRM this week averaged 6.18 percent with an average 0.5 point, down from last week's 6.30 percent.Five-year Treasury-indexed ...
    2007-08-23 04:14:41

  • Rates on 30-year mortgage rates sink (Lexington Herald-Leader)

    Rates on 30-year mortgages sank this week to their lowest point since late May, providing a little ray of sunlight for would-be home buyers. Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages averaged 6.52 percent. That was down from 6.62 percent last week and was the lowest rate since the week ending May 31, when rates stood at 6.42 percent. The moderation ...
    2007-08-23 04:35:17

  • Fed moves help send U.S. mortgage rates lower (Market Watch)

    CHICAGO (MarketWatch) -- Mortgage rates declined this week, spurred by lower Treasury yields and the decision by the Federal Reserve to cut the discount rate, Freddie Mac's chief economist said on Thursday.
    2007-08-23 03:04:37

  • Rates on 30-Year Mortgage Rates Sink (San Francisco Chronicle)

    Rates on 30-year mortgages sank this week to their lowest point since late May, providing a little ray of sunlight for would-be home buyers. Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages averaged 6.52 percent....
    2007-08-23 05:04:26

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