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12/25/2008 News For: Allstate Fixed Annuity RatesMortgage rates hit 1970s levels On the heels of the biggest decline in Bay State home prices in two decades, mortgage interest rates have fallen to their lowest levels since the 1970s. Interest rates... Poland may cut rates again as growth slowing WARSAW: Poland?s central bank is likely to continue cutting rates in 2009 as economic growth may be more than halved on the back of the global crisis. 3-month euro interbank rates fall The cost of three-month euro loans between banks fell Wednesday amid expectations the European Central Bank would cut rates in the new year. (AFX UK Focus) 2008-12-25 07:28 Kamezaki:BOJ should eye longer-term rates if needed TAKAMATSU, Japan, Dec 25 Reuters - Bank of Japan policy board member Hidetoshi Kamezaki said on Thursday the central bank should consider ways to influence longer-term interest rates and corporate debt if more easing steps are needed. He also said there was limited room for further cuts in short-term interest rates, adding that the bank should avoid hurting the functioning of money markets. ... Indian swap rates ease, tracking bond yields MUMBAI, Dec 24 Reuters - Indian overnight indexed swap rates eased on Wednesday, tracking sliding bond yields and on expectations the central bank will cut key interest rates soon. (AFX UK Focus) 2008-12-24 15:10 Fannie Mae sells $2 bln bills at higher rates NEW YORK, Dec 24 Reuters - Fannie Mae said on Wednesday it sold $2 billion in bills at higher interest rates compared with sales of the same maturities and size a week ago. Fannie Mae said it sold $1 billion of three-month benchmark bills due March 25, 2009 at a stop-out rate, or lowest accepted rate, of 0.290 percent and $1 billion of six-month bills due June 24 2009 at a 0.510 percent ... Mortgage applications up 48 percent as interest rates dip As interest rates tumble, a growing number of Americans are applying for new home loans and refinancing their existing ones. Holiday Home Loan Rates | Video It`s a Christmas present to homeowners and those considering buying a place of their own...historically low interest rates for home loans. "If anyone needs to buy a home or sell a home, god there`s no better time to do it then now," says Jan Hoge, a broker for Alliance Real Estate. Three-month euro interbank rates fall LONDON - The cost of three-month euro loans between banks fell Wednesday amid expectations the European Central Bank would cut rates in the new Banks chase deposits with high interest rates 22 December 2008 Banks in the UAE have increased their interest rates on fixed deposits in an effort to increase liquidity in their balance sheets. |