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11/10/2008 News For:

Mortgagee Rate


Mortgagee sales soar  There has been a surge in the number of houses being put up for mortgagee sale. Listings hit a record 489 in the first week of November. Website interest.co.nz, which tracks the listings, says that is up more than 25% from a month ago.

Mortgagee sales rise  11 November 2008 A record number of mortgagee sales were listed in the first week of November. Interest.co.nz, which tracks the listings, says forced sales for the period hit almost 490, up more than 25 percent from a month ago.

Mortgagee sales rise  A record number of mortgagee sales were listed in the first week of November. Interest.co.nz, which tracks the listings, says forced sales for the period hit almost 490, up more than 25 per cent from a month ago.

Credit card providers ignore base rate cut   While mortgage borrowers will have to wait and see if they stand to benefit from today's 1.5% cut in interest rates, credit card customers have been told not to expect repayments to fall. Although the Bank of England has slashed the base rate to 3%, consumers look set to continue to pay an average APR of more than five times that figure, according to financial data firm Moneyfacts. It ...

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 ...

Association seeks lower interest rate for Agro Bank loans  GEORGETOWN: The Malaysian Frozen Food Processors? Association MFFPA is negotiating with Agro Bank to obtain loans at lower interest rate to help its members facing the European Union EU seafood ban.

Abbey passes on rate cut bulk  Abbey has announced it is passing on the majority of last week's 1.5% interest rate cut to new variable rate mortgage customers. The group, one of the UK's biggest mortgage lenders, has relaunched its tracker products after withdrawing them last week.

Slovenia Jobless Rate Dips In Q2  RTTNews - Monday, the Statistical Office Of the Republic of Slovenia reported that the unemployment rate was 4.2% in the second quarter, down from 5.1% in the first three months of the year. A year ago, the jobless rate was 4.6%.

Czech Jobless Rate Declines in October  RTTNews - Monday, the Czech Ministry of Labor and Social Affairs reported that the jobless rate fell to 5.2% in October from 5.3% in September. Economists had expected the rate to drop to 5.1%.

Max simple rate at Turkish repo auction 17.23 pct  ISTANBUL, Nov 10 Reuters - Turkey's central bank injected three billion lira $1.97 billion into the market in a one-week repo auction on Monday at a maximum simple interest rate of 17.23 percent.

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