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Today's Mortgage Terms starting with V VA Loans: Fixed-rate loans guaranteed by the U.S. Department of Veterans Affairs for the purpose of making housing affordable to eligible U.S. veterans. Variable Rate: Interest rate that changes periodically in relation to a specific index such as treasury bills and the prime rate. View all Terms

Jones mortgage loans news:

Treasury Department considering mortgage market intervention - Charleston Daily Mail
WASHINGTON -- The Treasury Department is strongly considering a plan to intervene directly into the mortgage industry to dramatically force down rates and stimulate the moribund housing market, according to sources familiar with the proposal. Under ...

Treasury Ponders Rate Relief for Home Buyers - Smart Money
WASHINGTON (Dow Jones) -- The Treasury Department is considering a plan to revitalize the U.S. home market that would push down interest rates for loans to purchase a home, according to people familiar with the matter. The plan, which is in the ...

FDIC's Bair: CRA Rules Not To Blame For Crisis - Wall Street Journal
WASHINGTON (Dow Jones)--Federal Deposit Insurance Corp. Chairman Sheila Bair firmly rejected the argument, advanced by Republican critics of the Community Reinvestment Act, that the law helped cause the economic crisis. Speaking at a Consumer ...

U.S. Stocks Gyrate as GM Falls, Wal-Mart Spurs Retailer Rally - Bloomberg
Dec. 4 (Bloomberg) -- U.S. stocks swung between gains and losses as General Motors Corp. dropped on concern it may file for bankruptcy and Wal-Mart Stores Inc. pushed retailers higher after reporting more-than-estimated sales. GM fell 4.1 percent ...

China, US join forces as world recession looms - Channel NewsAsia
BEIJING: US and Chinese officials joined forces Thursday against the world financial crisis, vowing to ward off the threat of a world recession as major US automakers appeal to be rescued from bankruptcy. "Jointly dealing with the international ...

Stocks rally in final hour; Treasury looking to cut mortgage rates - USA Today Blogs
Another up-down day on Wall Street that ended up for the major indices despite further bad news for the economy . The Dow Jones rose 2% (172 points) to 8,591; the S&P 500 gained 2.5% (21 points) to 870; the Nasdaq finished 2.9% higher (42 points) to ...

Housing crisis spills into ‘prime’ market (LAT-WP) - Peninsula
By this year, the bleeding housing market had drained the equity from Judy Jones’ home in Murrieta, California, but her life still seemed secure. She had a government job, after all, and a 30-year fixed-rate mortgage at 5.875 percent, unlike the ...

Treasurys end month with yields near record lows - WTOP Radio
NEW YORK (AP) - Yields on long-term government debt sank to new record lows Friday, the last trading day of the month, as investors continued to bet on an extremely weak economy. The 30-year yield dropped to about 3.43 percent, the lowest level since ...

Dow Jones clinches 4th straight winning session - Wausau Daily Herald
NEW YORK -- A stock market gaining confidence in the nation's financial system bolted higher Wednesday, propelling the Dow Jones industrials and Standard & Poor's 500 index to their first four-day advance since last spring. The market reversed losses ...

Register for FREE - Wall Street Journal
Please register to gain free access to WSJ tools. An account already exists for the email address entered. Now that Hank Paulson has transformed the U.S. Treasury into Goldman Sachs South–buying, selling, lending to and merging companies–it ...