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40 Year Mortgage Rates News40 year mortgage ratesWASHINGTON -- Federal housing finance agencies hold or guarantee $6.8 trillion in debt _ the equivalent to more than half of the government's total debt. Fannie Mae, Freddie Mac and the 12-member Federal Home Loan Bank system control $6.8 trillion in ... Read moreFannie, Freddie, home loan banks control $6.8T - Washington PostWASHINGTON (Reuters) - The number of U.S. workers drawing jobless benefits hit a 25-year high this month and imports suffered a record fall in September, according to reports on Thursday that underscored a rapid drop-off in the U.S. economy. The ... Read moreJobless claims hit 25-year high, imports plunge - ReutersNEW YORK (AP) _ Wall Street received more signs of a deep economic slump Thursday as the government reported a larger-than-expected jump in unemployment claims and Wal-Mart Stores Inc. narrowed its full-year earnings guidance. Stock index futures ... Read moreStock futures mostly lower after Wal-Mart trims full-year forecast ... - Chicago TribuneNEW YORK (AP) _ Wall Street headed for a mixed open Thursday, with investors worried about a deep economic slump after Wal-Mart Stores Inc. trimmed its full-year earnings guidance. The nation's largest retail chain reported third-quarter results that ... Read moreStock futures mixed after Wal-Mart trims full-year forecast, ahead of ... - NewsdayWith the cost of borrowing expected to fall to 1 per cent or below next year, it is no surprise that tracker mortgages, which are pegged to the Bank of England's base rate, have never been more popular. But last week lenders dismayed homeowners by ... Read moreTracker mortgage deals return after base rate cut - Times OnlineBarclays has launched a one-year fixed rate mortgage at below 4% as the cost of wholesale funding continues to fall. The group, which lends under the Woolwich brand, is offering a one-year fixed rate deal of 3.99%, after which borrowers will switch ... Read moreBarclays mortgage rate below 4% - Channel 4 News(RTTNews) - Industry data released on Thursday showed that mortgage application volume rose last week, lifting applications off of an 8-year low. Applications increased nearly 12 percent from the previous week, although they were still down 40 ... Read moreMortgage Applications Up 12 Percent Last Week - RTT NewsNEW YORK (CNNMoney.com) -- The Bush administration on Tuesday unveiled a new program to modify mortgages and stabilize the battered real estate market, but the plan stops short of providing direct government financial help to at-risk homeowners. The ... Read moreU.S. unveils mortgage plan - CNN MoneyNov. 13 (Bloomberg) -- Asian stocks and U.S. futures fell, extending a global rout, as the U.S. Treasury scrapped plans to buy mortgage assets, Commonwealth Bank of Australia said bad debts may double and China’s industrial output missed estimates ... Read moreAsian Stocks Tumble, Extend Global Rout, on U.S. Treasury Shift - BloombergWASHINGTON (AP) - Once again, the government has offered another plan to help troubled homeowners. Once again, critics say it doesn't go far enough. The plan announced Tuesday by federal officials and mortgage giants Fannie Mae and Freddie Mac sounds ... Read more |
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