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Thirty-year mortgage rates inch back above 5 percent – The Spokesman-Review

16 hours ago ago from Mortgage News and Mortgage Rates

A box containing information about a home with a reduced price for sale in Jackson, Miss., is shown Tuesday. The average fixed rate on a 30-year mortgage was 5.05 percent this week, up from 4.94 percent last week, Freddie Mac said Thursday. (Full View original story

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Mortgage rates inch above 5 percent – KTVZ.com

22 hours ago ago from Mortgage News and Mortgage Rates

McLEAN, Va. (AP) The average fixed-rate for a 30-year mortgage climbed above 5 percent for the first time in two months, leading to a decline in mortgage applications. The average fixed rate on a 30-year mortgage was 5.05 percent this week, up from View original story

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Fixed-rate mortages average 5.05 percent

21 hours ago ago from Times of the Internet - The Web's Number One News Source - Times News

MCLEAN, Va., Dec. 24 (UPI) -- U.S. mortgage giant Freddie Mac says its survey shows the 30-year fixed-rate mortgage averaged 5.05 percent with 0.7 point for the week ending Thursday. Freddie Mac's Primary Mortgage Market Survey said that was up from last week, when it averaged 4.38 percent. Last year at this time it averaged 5.14 percent. The survey said the 15-year fixed-rate mortgage, or FRM, averaged 4.45 percent with 0.6 ...

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US promises unlimited financial assistance to Fannie Mae, Freddie Mac Washington Post

20 hours ago ago from digital camera

BBC News US promises unlimited financial assistance to Fannie Mae, Freddie Mac Washington Post The Obama administration pledged Thursday to provide unlimited financial assistance to mortgage giants Fannie Mae and Freddie Mac, an eleventh-hour move that allows the government to exceed the current $400 billion cap on Mortgage Titans Resist Shrinkage New York Times Big paydays for Fannie and Freddie bosses CNNMoney.com US agrees $6m pay cheques ...

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Treasury uncaps acclaim band for Fannie, Freddie

20 hours ago ago from EcoBizWatch - Economy and Business News Watch

EcoBizWatch Economy and Business News Watch H O M E Stock Markets Business & Economy Finance Industries Company Earnings VIDEOS Treasury uncaps acclaim band for Fannie, Freddie WASHINGTON The Obama administering apprenticed on Thursday to aback abandoned mortgage accounts giants Fannie Mae (FNM.N) and Freddie Mac (FRE.N) no amount how big their losses may be in the abutting three ...

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U.S. promises unlimited financial assistance to Fannie Mae, Freddie Mac

20 hours ago ago from Washington Post - Politics

The Obama administration pledged Thursday to provide unlimited financial assistance to mortgage giants Fannie Mae and Freddie Mac , an eleventh-hour move that allows the government to exceed the current $400 billion cap on emergency aid without seeking permission from a bailout-weary Congress. The Christmas Eve announcement by the Treasury Department means that it can continue to run the companies, which were seized last year, as arms of ...

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U.S. Lifts Limit On Aid To Fannie, Freddie : NPR

10 hours ago ago from NPR

Search hear continuous streams 24-Hour Program Stream NPR News and Shows hear the latest news [4 min 45 sec] Latest NPR Newscast U.S. Lifts Limit On Aid To Fannie, Freddie by The Associated Press text size A A A December 25, 2009 The Treasury Department said it has removed the ...

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Russia Cuts Interest Rates for 10th Time This Year

11 hours ago ago from The New York Times

MOSCOW Russia's central bank Friday unveiled its 10th interest rate cut of the year, with economists expecting more gradual trims in the coming months as policymakers try to stimulate the country's blighted economy. The central bank said it is reducing its benchmark refinancing rate to 8.75 percent effective from Monday, from 9 percent. The minimum one-day repo rate will be cut to 6 percent from 6.25 percent. The decision to cut rates is ...

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