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History Of Mortgage Rates Newshistory of mortgage ratesWASHINGTON -- Rates on 30-year mortgages fell for a third straight week, dropping to the lowest level since mid-July. Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages dipped to 6.35 percent this week, down from ... Read moreNation briefs - Detroit NewsWashington - The number of homes in foreclosure has reached a new record in the United States as the country's housing crisis continues to inflict damage on the wider US economy, the Mortgage Bankers Association said Friday. The number of new ... Read moreUS home foreclosure rates reach new record - Top News IndiaThe new movement in contemporary art is called democracy. Within the space of a few hours this week I heard half a dozen people speak in its favour. A woman at the big new Saatchi gallery, which opens in Chelsea next month, said the "democratisation ... Read moreArt's new democrats are due a lesson in the economics of taste - Guardian UnlimitedMainly, right now, it's just a forest of figures: 12% wiped off property prices in a year; new mortgage approvals down by 71%; house sales at a 30-year-low; bank lending to homebuyers down by £12.1bn; one in seven homeowners in negative equity ... Read moreCrisis? What crisis? - Guardian UnlimitedWashington - US stocks edged higher on Friday thanks to gains in the financial sector, upstaging a rise in monthly unemployment and a record rate of home foreclosures. Shares of investment bank Lehman Brothers Holdings Inc improved nearly 7 per ... Read moreUS stocks improve slightly, overshadowing poor jobs, housing report - Top News IndiaMy holiday mood evaporated at rain-lashed Heathrow last weekend. The stark contrast between two weeks of glorious sunshine in New England and a sodden welcome home seemed to say it all about the economic outlook on this side of the Atlantic. No one ... Read moreIs the economic gloom lifting? Inflation and interest rates hold the ... - Daily Telegraphby Roben Farzad American savers, take a bow. This is your moment of vindication. Your hour of glory. And you earned it (in a manner of speaking). You resisted the siren call of plastic teaser APRs, dutifully living within your means to store money ... Read moreWhy American Savers Have Drawn the Short Straw - BusinessWeekI am so tired of Republicans’ labeling the Democrats as tax-and-spend liberals. Republicans apparently think all forms of taxation are evil and must be avoided at all costs. However, it seems they have forgotten that without some form of taxation ... Read moreGOP policies are far from fiscally responsible - Las Vegas SunCHICAGO (MarketWatch) -- The rate of mortgages entering foreclosure hit another record high in the second quarter, as did the percentage of loans somewhere in the foreclosure process, the Mortgage Bankers Association reported on Friday. The ... Read moreHomes in foreclosure process set another record - MarketwatchI'm not a market letter writer, thank God, but I can sniff out when speculation is in the air, and it ain't right now. The best anyone can say is that the market's efficiently priced at 15 times estimated 12 months' forward earnings. The context is a ... Read more |
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