Many people think that just because there was a federal rate was cut that home mortgage rates will drop, and that’s not the case.
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March 22 2008 | Home Loan Mortgage Blog | No Comments »
Just when consumers and the U.S. economy need banks to lend more freely, the mortgage industry is making it harder to borrow - even for those with good credit.
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March 22 2008 | Home Loan Mortgage Blog | No Comments »
TORONTO - Canada’s commercial banks have lowered most their mortgage rates a tenth of a per cent following the recent dramatic drop by the Federal Reserve of short term interest rates which has affected other interest rates.
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March 20 2008 | Home Loan Mortgage Blog | No Comments »
Mortgage lenders have continued to raise home loan rates over the past week and there are suggestions from some commentators that they could go higher still.
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March 20 2008 | Home Loan Mortgage Blog | No Comments »
Rates on 30-year mortgages increased this week for the fourth time in the past five weeks. Freddie Mac, the mortgage company, reported Thursday that 30-year fixed-rate mortgages averaged 6.13 percent this week, up from 6.03 percent last week.
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March 13 2008 | Home Loan Mortgage Blog | No Comments »
U.S. mortgage applications dipped last week, reflecting lower demand for home loan refinancing as interest rates surged to their highest since October, an industry group said on Wednesday.
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March 12 2008 | Home Loan Mortgage Blog | No Comments »
Mortgage applications dipped last week, reflecting lower demand for home loan refinancing as interest rates surged to their highest since October, an industry group said Wednesday.
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March 12 2008 | Home Loan Mortgage Blog | No Comments »
SYDNEY, March 10 (Reuters) - Commonwealth Bank of Australia Ltd CBA.AX, Australia’s top mortgage lender, said on Monday it would raise its variable home loan rate by 35 basis points, above the increase in official interest rates by the central bank last week.
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March 11 2008 | Home Loan Mortgage Blog | No Comments »
Analysts say mortgage holders will continue to be hit by interest rate rises, even without official increases from the Reserve Bank.
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March 11 2008 | Home Loan Mortgage Blog | No Comments »
March 10 (Bloomberg) — Australia’s home-loan approvals probably rose in January, suggesting higher interest rates and turmoil on financial markets have failed to discourage borrowers.
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March 09 2008 | Home Loan Mortgage Blog | No Comments »