Equity Home Loans

Mortgage Interest Rates News

Holiday From ForeclosuresFriday, November 21, 2008 @ 12:49PM(Washington, DC) -- Happy holidays from Fannie Mae and Freddie Mac. The mortgage finance behemoths, both seized by the federal government two months ago, are suspending foreclosures and evictions through the holiday season.

Buy-to-let arrears rate rockets 50%Friday, November 21, 2008 @ 12:49PMThe number of landlords falling behind on their mortgage repayments has soared by 50% as the buy-to-let boom turns to bust.

Lenders lower mortgage rates but raise hurdlesFriday, November 21, 2008 @ 12:46PMBorrowers are having to meet tougher lending criteria, just as the cost of mortgages has started to ease, as banks restrict their best deals to a shrinking pool of customers.

Inflation rate tumble raises deflation angstFriday, November 21, 2008 @ 12:43PMBy editorial Friday, 21 November 2008 - 1:41pm. OTTAWA—Consumer prices in Canada tumbled last month in their steepest one-month drop in nearly half-a-century as falling energy prices chopped the annual inflation rate by almost a full point to 2.6 percent from 3.4 percent in September.

Interest rate cuts are Xmas cheer for retailersFriday, November 21, 2008 @ 12:41PM22 November 2008 Retailers are finding the lead-up to Christmas tough, but it may not be as dire as some expected. Retailers Association chief John Albertson is encouraged by the latest round of interest rate cuts by the main banks.

A look at economic developments, activity in stock markets around the world FridayFriday, November 21, 2008 @ 12:39PMThe Associated Press November 21, 2008 - 1:12 p.m. LONDON — The downturn in the euro-zone economy, particularly within the manufacturing sector, gathered pace in November.

Crisis Hits Values of Commercial MortgagesFriday, November 21, 2008 @ 12:38PMNEW YORK, Nov. 20 -- Another levee in the financial markets is crumbling.

Central Ohio home-sales numbers keep slumpingFriday, November 21, 2008 @ 3:10AMThe central Ohio housing market remains stagnant, with sales down nearly 10 percent last month. As a result, the number of people who sell homes for a living likely will fall as well.

Business school study predicts housing stabilityThursday, November 20, 2008 @ 10:01PMAfter nearly two years of rapid declines in the housing market, a report by the Keller Center in the Hankamer School of Business suggests prices may stabilize by the end of 2009.