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Todays Mortgage Rates News

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WASHINGTON - Rates on 30-year mortgages fell to a record level for a fourth straight week, dropping to the lowest mark since Freddie Mac started tracking nearly 38 years ago. Rates have been falling since late November, when the Federal Reserve ...

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Article published Friday, January, 2009 - Toledo Blade

A salute to readers who called mortgage brokers, then took advantage of the bargain residential loan rates mentioned in my mid-December column. Last week, I completed the refinancing of a 30-year loan, which locked in a 5 percent rate. Leaving behind ...

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Lessons Learned: Mortgage refi paid off - Lincoln Journal Star

Unlike the last recession, today's unemployment hot spots are all over the map. The five states with the highest unemployment rates -- Michigan, Rhode Island, South Carolina, California and Oregon -- all have something in common, though: a heightened ...

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States with worst jobless rates share root causes - Boston Globe

Interest rates were slashed to their lowest level ever yesterday as the Bank of England threw another lifeline to the UK's ailing economy. Borrowing costs fell by 0.5pc to 1.5pc - the lowest since the Bank was founded in 1694 - although some business ...

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Interest rates slashed in bid to revive ailing UK economy - Eastern Daily Press

Many of Britain's leading banks looked on a collision course with the government last night when they said merely that they were keeping their main lending rates "under review" after the Bank of England cut the base rate to an all-time low of 1.5 ...

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Anger as lenders drag their feet on passing cut to homeowners - Guardian Unlimited

Mortgage lenders are warning Gordon Brown that his scheme to prevent a surge in home repossessions could stifle new home loan lending despite yesterday's cut in interest rates from the Bank of England to an historic low of 1.5%. The UK's biggest ...

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Banks warn Brown as rates hit historic 1.5% - Guardian Unlimited

Jan. 9 (Bloomberg) -- The U.S. lost more jobs in 2008 than in any year since 1945 as employers fired another 524,000 people in December, indicating a free-fall in the economy just days before President-elect Barack Obama takes office. “Consumers ...

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U.S. Economy: 2008 Payrolls Drop Biggest Since 1945 (Update1) - Bloomberg

With all the doom and gloom over housing, you might be surprised to know that this is a fantastic time to get a mortgage. Not if you have poor credit, to be sure. But you can get a great deal on a 30-year, fixed-rate, conforming loan these days if ...

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See today's average credit card rates across the country. - MSNBC

This month we have received enquiries about what will happen to tracker rates if there is an aggressive cut in Bank rate. Many borrowers on tracker rates are likely to benefit from a reduction in Bank rate. However, as the Bank rate is already very ...

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CML media note in advance of tomorrow’s MPC decision on interest ... - Politics.co.uk

MICHAEL COOGAN, COUNCIL OF MORTGAGE LENDERS 'This cut is a double-edged sword for retail based lenders. While lower mortgage rates provide borrowers with the opportunity to repay their mortgage debt more quickly to reduce the term, lower savings ...

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