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Search 1) News For: Commercial Rate Mortgage

Mortgage rates go down, then up again   The benchmark 30-year fixed-rate mortgage rose 1 basis point, to 6.16 percent, according to the Bankrate.com national survey of large lenders.

Lloyds to take over UK mortgage lender HBOS  LONDON, England -- Lloyds TSB, Britain's largest provider of checking accounts, on Thursday announced a ��12.2 billion $21.85-billion deal to take over struggling HBOS, Britain's biggest mortgage lender.

Jobless rate soars as economy sinks  Unemployment registered its biggest jump in 16 years in August, factory orders fell at their sharpest rate in more than two years this month, and the country's biggest mortgage lender might soon be taken over.

Fixed rate mortgage deals back to pre-credit crunch levels - but there's a catch which costs at least ��3,000  Fixed rate mortgages have dropped below 5 per cent again as competition returns to the market.But the cheaper two-year deals come with a catch - an arrangement fee of more than ��3,000.

Mortgage exec: No rate cut, no problem   Jeremy Salemson, chief executive of Corporate Investors Mortgage Group in Raleigh, said he was surprised by the lack of action by the Federal Reserve on Tuesday, but added that consumers shouldn't be concerned.

Crunch puts brakes on mortgage rate cuts  Sharemarket losses aside, the major impact in New Zealand of the credit crisis so far has been higher mortgage rates as our banks must pay a larger risk premium on money they borrow overseas.

Fitch Affirms GS Mortgage Security Corp. II's Series 2001-LIB (One Liberty Plaza)   NEW YORK----Fitch Ratings affirms GS Mortgage Securities Corporation II's commercial mortgage pass-through certificates, series 2001-LIB, as follows:

Jump in Mortgage Rates Disappoints Home Buyers   Mortgage rates have jumped even as rates on Treasurys have fallen, disappointing homeowners and potential buyers.

Rate cut hopes drive demand for variable rate loans  Home buyers are flocking to variable loans in the expectation of another interest rate cut, data shows. Mortgage Choice housing loan approval data from August shows variable loan demand is at a five

Battered by Crisis, British Mortgage Lender HBOS Talks Merger With Lloyds  LONDON, Sept. 17 -- Britain's biggest mortgage lender, HBOS, severely bruised by the global credit crisis and facing concerns that it might collapse, was in merger talks Wednesday with Lloyds.