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UAE mortgage rates not expected to fall  23 September 2008 The UAE's home finance companies and banks may not lower their mortgage rates as the Emirates Interbank Offering Rate, or Eibor, has been going up, a senior official at one of the leading home finance companies and mortgage providers told Emirates Business.

Declines in mortgage rates frustrating locked-in borrowers, bankers  A drop in mortgage rates after the rescue of Fannie Mae and Freddie Mac is making buying a house cheaper for many, but also is causing headaches for bankers.

Mortgage rates fall steadily  WASHINGTON - Rates on 30-year mortgages dropped sharply again this week, falling to the lowest level in seven months, as rates continue to decline following the government's dramatic takeover of mortgage giants Fannie Mae and Freddie Mac.

Mortgage rates fall for fifth straight week  Rates on 30-year mortgages dropped sharply again last week, falling to the lowest level in seven months, as rates continue to decline after the government's dramatic takeover of mortgage giants Fannie Mae and Freddie Mac. Freddie Mac reported that its...

Mortgage rates drop, and demand goes up  The phones are busy at local mortgage companies. The average rate for a mortgage loan dropped suddenly two weeks ago after the government stepped in to take over mortgage giants Fannie Mae and Freddie Mac, and for much of last week, buyers could get loans under 6 percent.

Washington State's Rogers done for season  Washington State quarterback Gary Rogers will reportedly miss the rest of the season after suffering a stable cervical spine fracture in Saturday's 48-9 win over Portland State.

30-year loan rates fall to lowest in 7 months  WASHINGTON ��� Rates on 30-year mortgages dropped sharply again last week, falling to the lowest level in seven months, as rates continue to decline after the government���s dramatic takeover of mortgage giants Fannie Mae and Freddie Mac.

Mortgage rates fall for 5th straight week   WASHINGTON, Sept. 18 UPI -- Interest rates for 30-year, fixed-rate U.S. mortgages fell for the fifth straight week, the Federal Home Loan Mortgage Corp. said Thursday.

Moody's lowers rating on Washington Mutual Bank   Moody's Investors Service on Monday downgraded the financial strength rating of Washington Mutual Inc.'s main bank subsidiary to "E," its lowest rating, saying the thrift's capital is insufficient to absorb its mortgage losses.

Collapsed market landed hardest on state, Cuomo says  State Attorney General Andrew M. Cuomo decried the ���Ponzi scheme that collapsed the mortgage market��� while in Buffalo on Monday, warning that New York State stands to be hardest hit by what many are calling the worst financial crisis since the Great Depression.

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