Mortgage Rate For Home Loans

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11/11/2008 News For:

Mortgage Rate For Home Loans

Aussie cuts home loan rate again  NON-bank lender Aussie Home Loans has dropped its standard variable mortgage interest rate by a further 40 basis points.

Rams Home Loans drops variable mortgage rate  Rams Home Loans Rams has dropped the interest rate on its standard variable home loan by 60 basis points. The interest rate on Rams? standard variable home loan has dropped 0.6 percentage points to

Rams Home Loans drops mortgage rate  Rams Home Loans Rams has dropped the interest rate on its standard variable home loan by 60 basis points. The interest rate on Rams' standard variable home loan has dropped 0.6 percentage points to 7.59 per cent, while the interest rate on Rams' basic home loan is now 6.99 per cent.

Nationwide Says Home Loans Fell, Posts Credit Losses (Update1)  Nov. 10 -- Nationwide Building Society, the U.K.'s biggest customer-owned lender, said mortgage lending fell 72 percent in the fiscal first half as it funded loans from customer deposits amid the seizure in capital markets.

Taxpayers may pay legal bills for mortgage execs  WASHINGTON ? When the government took over mortgage giants Fannie Mae and Freddie Mac, taxpayers inherited more than just bad debts. They?re also potentially on the hook for tens of millions of dollars in legal fees for the executives at the center of the housing market?s collapse.

Citigroup Plans to Ease Mortgage Terms for At-Risk Borrowers  Citigroup plans to announce today that it is launching a mortgage-modification program for 500,000 at-risk borrowers in regions facing rising unemployment rates and steep declines in home values.

Mortgage industry will change after collapse  Mortgage companies are re-evaluating how they lend money to avoid future housing collapses, and industry experts say home buyers may have to fill out extra paperwork and even take classes to get the loans.

Nationwide says mortgage lending fell 72 percent in 1H as Britons shunned home-buying  LONDON - British lender Nationwide Building Society said Monday mortgage lending fell 72 percent in the first half of its financial year, as home buyers were deterred by a crashing property market and mortgage rates were boosted by the credit crunch.

Alistair Darling adds weight to call for banks to pass on rate cut   Alistair Darling today insisted it was "essential" that banks pass on today's 1.5% interest rate cut to customers, but Downing Street declined to say if it could force banks to do so. Gordon Brown's official spokesman said the public would "expect" banks to take action. But he added: "We are not going to make specific comments about the specific pricing of individual mortgage products ...

Citigroup to offer help to 500,000 risky mortgage customers  The plan is targeted at homeowners who are current on their payments but might be in trouble later. The effort will focus on areas whose home values have fallen, including California. Citigroup Inc. today plans to announce a six-month program to reach out to 500,000 high-risk mortgage customers who are current on their payments but someday may require loan modifications to stay in their ...