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Kashkari: Treasury considering mortgage rate plan - Associated Press
WASHINGTON (AP) -- The head of the government's financial system rescue effort said Thursday the Treasury Department is considering a program to encourage banks to make mortgage loans at low rates to help revive the battered housing market. Under the ...

Make the Most of Today's Low Mortgage Rates - Smart Money
Between holiday shopping and decorating the house this weekend, carve out some time to review your mortgage or rethink your home-buying plans -- it just might be the perfect time to make a major move. Mortgage rates are already hovering around 5.5 ...

Interest rates cut: A mortgage rate of below 1pc - Daily Telegraph
Many lucky borrowers who took out a tracker mortgage last year will soon be paying less than 1pc on their mortgage repayments following the Bank of England's decision to cut rates to 2pc. Last year, for example, Cheltenham & Gloucester offered a ...

Mortgage rate rip-off: banks stand accused - This is Money
First-time buyers and people remortgaging recently-purchased homes are facing paying up to or even above 6% interest - despite the Bank slashing its borrowing rate to 2% yesterday. The dramatic difference emerged as Gordon Brown warned banks they ...

Low mortgage rate idea has fans in region - Herald Tribune
If you remember the last time you could take out a fixed-rate mortgage at an interest rate of 4.5 percent, you are likely in your late 60s or older. It was April 1953. Yet that is exactly what the federal government might be inching toward as a ...

Has your lender cut rates? - Times Online
The Bank of England has moved to stimulate the economy and boost the fortunes of millions of hard-pressed homeowners with a third cut in interest rates in as many months. Millions of borrowers on tracker mortgages, pegged to the base rate, will ...

Rate cut brings mix of relief and dismay - Guardian Unlimited
Holders of tracker mortgages are looking forward to the lowest monthly payments in a lifetime following yesterday's base rate change, which is also set to slash the rates paid to savers. Within hours of the Bank of England's announcement, all the big ...

Market latest: Australia - ninemsn
Is the mortgage monster heading down your front path? If it is, it's time to put some strategies in place to ease your financial burden. Here are our top 10 tips for beating mortgage drain. 1. Make more repayments You may think that lenders call all ...

Nationwide puts up home loan costs for new borrowers - Times Online
Nationwide, Britain's biggest building society, has withdrawn its most competitive mortgage deal and has raised rates on home loans that are pegged to the base rate. Britain's third-biggest mortgage lender will no longer allow new customers to obtain ...

Banks face pressure on rate cut - BBC News
Banks and building societies are coming under increasing pressure from MPs to pass on the latest cut in interest rates to their mortgage customers. Some of the major lenders made an immediate decision to pass on the 1% Bank of England rate cut to ...