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Mortgage Rates News

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Nov. 20 (Bloomberg) -- The yen touched a three-week high against the dollar and the euro as reports showing a surge in U.S. jobless claims and a drop in manufacturing prompted bets investors will sell higher-yielding assets. The Swiss franc fell to ...

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Yen Trades Near Three-Week High on Signs U.S. Recession Deepens - Bloomberg

BERLIN, Nov 20 (Reuters) - European Union member states moved closer to agreeing measures to boost the bloc's economy on Thursday despite doubts raised about a 130 billion euro ($163 billion) growth package planned by the European Commission. Germany ...

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EU moves towards agreement on growth package - Guardian Unlimited

The move will make home buying more affordable, especially as houses prices are tipped to keep falling. Figures released by economics at Infometrics earlier this week predicted that prices will keep falling for at least the next quarter. Westpac and ...

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Major banks slash mortgage rates - radionz

ANZ National Bank and ASB are cutting their floating mortgage rates to 8.7 per cent from 9.45 per cent. The move comes after Westpac this week announced a cut in its variable rate to 8.7 per cent and Kiwibank went a step further with a cut in its ...

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More banks cut mortgage rates - New Zealand Herald

NEW YORK, Nov 20 (Reuters) - The average rate on a 30-year U.S. mortgage with no upfront points declined 1/8 percentage point to 6 percent on Thursday, according to BestInfo Inc. The 30-year mortgage rate with one upfront point dropped 1/8 percentage ...

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US mortgage rates fell 1/8 point Thursday-BestInfo - Reuters

Nov. 21 (Bloomberg) -- DLF Ltd. , India's biggest real estate developer, said a recovery in the property market in the next six months hinges on lower home-loan rates to lure first- time buyers. ``Mortgage rates in India are at 12 percent to 13 ...

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DLF's Singh Says Indian Property Recovery Hinges on Lower Rates - Bloomberg

More than one in five homes on the market are there because their owners cannot afford the mortgage repayments, The Times has learnt. A survey of estate agents suggests that at least 5,000 properties a week are being put up for sale by “forced ...

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Mortgage debt forces thousands to sell up - Times Online

Mortgage rates dropped for a second straight week, reflecting the impact the weakening economy is having on financial markets. Freddie Mac, the mortgage giant, reported Thursday that rates on 30-year, fixed-rate mortgages averaged 6.14 percent this ...

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WASHINGTON Mortgage rates fall for second week - Santa Rosa Press Democrat

WASHINGTON— Mortgage rates dropped for a second straight week, reflecting the impact the weakening economy is having on financial markets. Freddie Mac , the mortgage giant, reported Thursday that rates on 30-year, fixed-rate mortgages averaged 6.14 ...

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Mortgage rates drop for second week - Boston Globe

Mortgage rates dropped for a second straight week, reflecting the impact the weakening economy is having on financial markets. Freddie Mac, the mortgage giant, reported Thursday that rates on 30-year, fixed-rate mortgages averaged 6.14 percent this ...

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