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11/11/2008 News For:

Mortgage Rates Minneapolis St Paul


St. Louis Blues contest pays mortgage or rent   The St. Louis Blues are responding to tight economic times with a fan bailout plan. The team announced Monday that at every remaining Saturday home game beginning Nov. 29, the organization will call the seat number of a fan and pay that person's mortgage or rent for four months, up to $4,000 total.

Interest-free mortgage possible ? if rates continue sharp falls  Some homeowners could be enjoying an interest-free mortgage next year if rates continue to fall steeply, it was disclosed yesterday. Cheltenham & Gloucester, which is part of Lloyds TSB, offered a two-year tracker mortgage of 1.01% below the Bank of England base rate in July and August 2007.

2 suburban St. Louis men accused of mortgage fraud  ST. LOUIS -- The U.S. attorney's office announces federal indictments against two suburban St. Louis men accused of committing mortgage fraud in southeast Missouri.

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.

Why banks are boosting credit card interest rates and fees  In recent years, banks have sharply raised interest rates and penalty fees on credit cards. As the economy tanks and banks' mortgage-related losses balloon, some banks are stepping up such increases to boost revenue. Bearing the brunt are consumers for whom a jump in rates and fees can make it tougher to pay their bills at a time when household budgets already are being stretched.

Cape native, St. Louis man accused of mortgage fraud   The U.S. attorney's office announces federal indictments against two suburban St. Louis men, one man formerly of Cape Girardeau,?accused of committing mortgage fraud in southeast Missouri.

Two St. Louis area men indicted by feds for mortgage fraud  Two area men have been indicted on 34 federal charges in a mortgage fraud scheme involving the sale of residential real estate in Sikeston, Mo., U.S. Attorney Catherine L. Hanaway announced today.

N&P cuts mortgage rates for customers  City-based building society Norwich and Peterborough has offered a boost for some mortgage customers by announcing a cut in home-loan interest rates. 07/11/2008

Mortgage rates fall more than quarter-point  WASHINGTON ? Mortgage rates dropped last week, providing a dose of welcome news to prospective home buyers.

Nationwide's mortgage lending fell 72 pct in 1H   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.

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