MORTGAGE RATE News, Sports, Shopping, Travel information

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Rock Borrowers Face Rate Rise – Or Repossession - The Independent
as many as 35,000 borrowers with the nationalised bank northern rock will have to find hundreds of pounds extra each month to meet their mortgage repayments, or face repossession. the situation has arisen because northern rock's two-year fixed-rate ...
www.independent.co.uk

Bank Debt Plan Plays `no Meaningful Role' In Mortgage-rate Rise
oct. 17 (bloomberg) -- the u.s. plan to guarantee bank debt hasn't ``played any meaningful role'' in a recent increase in mortgage rates, according to bank of america corp.
www.bloomberg.com

Adjustable-rate Mortgages May Still Make Sense
mortgage specialists say adjustable rate mortgages may be a better, cheaper choice for homeowners who plan to stay put for only seven years.
seattletimes.nwsource.com

Australian Stocks Face Mixed Open On Monday - News.com.au
australian stocks are expected to open mixed or slightly lower tomorrow after wall street rejected europe's positive lead and closed the week lower amid volatile trading. friday night futures trading suggested a fall of around 20 points is ahead for ...
www.news.com.au

Homeowners To Miss Out As Tracker Loan Providers Refuse To Cut Rates ... - Times Online
thousands of borrowers will miss out on cheaper mortgage bills because some of the biggest lenders prohibit interest rates on their tracker loans from falling below a minimum threshold. economists say interest rates could fall in the coming months as ...
www.timesonline.co.uk

Real Estate Weekly: After Steep Rise Last Week, Where Will mortgage Rates Go Next?
mortgage rates jumped this week, with the 30-year fixed-rate mortgage taking its biggest weekly leap in 21 years. the 30-year mortgage averaged 6.46% for the week ending oct. 16, according to freddie mac’s weekly survey.
www.marketwatch.com

Fixed-rate Mortgage Best Route, Unless You Can Forecast Future
q i have a variable-rate mortgage. would it be better for me now over the long run to lock it in before the rates start going up again? a fixed-rate mortgage is one in which the interest rate you will pay is fixed for a period of time. for the typical homeowner, that period is five years.
lfpress.ca

Home Sails Are At A Snail's Pace - Johnson City Press
even metaphorically, it seems, tri-cities “storms” are milder than the severe weather that hits, say, florida: while parts of the nation get hammered by plunging home prices and high foreclosure rates, the local picture, though not rosy, isn’t ...
www.johnsoncitypress.com

Australian Stocks Face Mixed Open - West Online
australian stocks are expected to open mixed or slightly lower tomorrow after wall street rejected europe's positive lead and closed the week lower amid volatile trading. friday night futures trading suggested a fall of around 20 points is ahead for ...
www.thewest.com.au

Prepay A Mortgage? It Depends
in the current financial environment, prepaying on a mortgage might make sense.
www.nytimes.com

Nationwide Building Society To Decrease Base mortgage Rate By 0.30%
nationwide building society has announced that it will decrease its base mortgage rate by 0.30% from 6.49% to 6.19% from november 1, 2008.
www.banking-business-review.com

Homeowners Program Will Cost You - Washington Post
for homeowners trying to renegotiate their loans under the government's new hope for homeowners program, please read the paperwork carefully -- because once again, you'll be stuck with a costly mortgage deal. hope for homeowners, nicknamed h4h ...
www.washingtonpost.com

Expats Set To Boost Property Market - Age
jennifer nielsen, chief executive of loan market group, says inquiries for home loans from expatriates have escalated in recent weeks. loan market operates a home finance broking group including leading independent broker x inc finance. "there is ...
www.theage.com.au

Red Flags To Bad Mortgage Decisions
the illiois attorney general's office tells consumers to look out for these red flags before signing a mortgage:
www.suntimes.com

Rock Borrowers Face Rate Rise – Or Repossession
as many as 35,000 borrowers with the nationalised bank northern rock will have to find hundreds of pounds extra each month to meet their mortgage repayments, or face repossession.
www.independent.co.uk

Foreclosure Crisis Hits City, Suburbs - Chicago Sun-times
the mortgage-foreclosure crisis has left distressed inner-city blocks more pockmarked than ever with board-ups and abandoned properties. in the suburbs, too, homes stand empty, with more properties being taken by the lender when the mortgage can't be ...
www.suntimes.com

Ftse 100 Will Not Bounce Back Quickly, Experts Warn - Daily Telegraph
britain is already in recession, and its economy will shrink by a full percentage point next year, the ernst & young item club will warn tomorrow. in its gloomiest prognosis of the british economy to date, it also predicts that unemployment will soar ...
www.telegraph.co.uk

As Base Rate Falls, Lloyds Tsb Puts Up The Cost Of A Mortgage
lloyds tsb is hammering families with higher mortgage costs just days after securing a £5.5billion taxpayer lifeline.
www.dailymail.co.uk

Aib Confirms Interest Rate Changes
aib has confirmed changes to its interest rates following the european central bank's half-point cut earlier this month. aib had already said it would pass on the cut in full to mortgage borrowers, and its standard variable rate comes down to 5% from close of business on tuesday.
www.rte.ie

Banks May Be Safe, But What About Us? - Guardian Unlimited
gordon brown and alistair darling must have congratulated themselves last monday morning as share prices across the world rocketed. after hours of adrenaline-fuelled late-night talks with britain's cash-strapped banks, the treasury had hammered out a ...
www.guardian.co.uk