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Interest Only Mortgage Rates Newsinterest only mortgage ratesNEW YORK (Associated Press) - Japan's central bank kept its already low interest rates on hold Friday but warned of a prolonged economic slump at home and abroad. The Bank of Japan last month cut its benchmark rate to 0.3 percent from 0.5 percent, so ... Read moreJapan's central bank keeps interest rates on hold - CNN MoneySome homeowners could be enjoying an interest-free mortgage next year if interest rates continue to fall steeply, it was disclosed this week. Cheltenham & Gloucester, which is part of Lloyds TSB, offered a two-year tracker mortgage of 1.01 per cent ... Read moreDelight for some with interest-free mortgages - yorkshirepostWASHINGTON -- 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 moreGovernment launches new mortgage aid effort - Chico Enterprise-RecordAnalysts tip rates to fall dramatically "3.75 per cent by March" Recession-buster rate cut INTEREST rates could be soon be halved with analysts tipping a 3.75 per cent rate by March so the Government can steer the country away from recession. If the ... Read moreAustralia's interest rates tipped to hit 3.75pc - News.com.auCENTRAL VALLEY — A third suspect accused of taking part in a mortgage scam based in a home office in Central Valley has pleaded guilty, federal prosecutors announced this week. Riccardo White, 48, pleaded guilty to fraud charges on Monday in ... Read more3rd suspect pleads guilty in mortgage scam - Times Herald-RecordNEW YORK — The federal government keeps bailing out the financial industry, but some working in that world seem reluctant to do their part, even if that could help stem the financial system's meltdown. At the center of today's economic and credit ... Read moreInvestors holding up mortgage modifications - Contra Costa TimesWASHINGTON (AP) _ The government may let more borrowers qualify for a $300 billion program designed to let troubled homeowners swap risky loans for more affordable ones, a top Bush administration official said Wednesday. The program, included in a ... Read moreFeds consider changes to mortgage program - Salem NewsWith no end to the foreclosure epidemic in sight, mortgage lenders have begun to do something they previously resisted: rewriting the terms of mortgage loans. The about-face is a bow to political pressure and reality: The number of foreclosed ... Read moreMore lenders offer mortgage relief programs - Minneapolis Star TribuneLet's ponder the achievements so far of the government's "Troubled Asset Relief Program." In little more than three weeks, we are now on Plan II. Treasury Secretary Henry Paulson's $700 billion emergency initiative to thaw frozen credit markets ... Read moreUltimately only time can fix this economy - Minneapolis Star TribuneIt sounds heartless, maybe even bitter, to ask the question: Why should we rescue people who aren’t making their home payments? Foreclosures are a huge problem, no doubt. Yet the vast majority of Americans are paying their mortgages on time, even ... Read more |
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