Aussie mortgage rates jump (Daily Telegraph)
MORTGAGE interest rates in Australia will rocket to 8.55 per cent next year – the highest since 2000 – according to major property forecasters.
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Federal mortgage aid, on brink of passage in Senate, is headed back to square one (Minneapolis-St. Paul Star Tribune) WASHINGTON - A federal mortgage rescue to help hundreds of thousands of homeowners avoid foreclosure is in limbo, with the Senate about to pass a bill that has no chance
30-year mortgage rates rise to 15-month high (Billings Gazette) WASHINGTON - Rates on 30-year mortgages rose this week to the highest level in 15 months while one-year adjustable rate mortgages climbed to the highest level in 4½ years. Analysts
Federal judge takes over mortgage scam case (Newsday) Saving Anthony and Carol Calvagno from being evicted from their longtime home, a federal court judge has agreed to take over the case of the Deer Park couple who lost
Federal bailout has desired effect: Mortgage rates dip below 6 percent (Tacoma News Tribune) WASHINGTON ? Rates on 30-year mortgages dropped sharply this week, falling to the lowest level in five months, as the government?s takeover of Fannie Mae and Freddie Mac had the
U.S. Comptroller Warns About Exotic Mortgages A top banking supervisor says he has grown increasingly concerned by risks to both borrowers and lenders from negative-amortization and payment-option home loans.read more...
Standard Life gets 1bn Sipps sales boost The strong sales of the Sipps range have boosted the life and pensions figures for the nine months to September to be announced on Wednesday.read more...