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THE ECONOMY.(A)
Mortgage rates hit fresh lows
The benchmark 30-year fell another 8 basis points to 5.85% this week, breaking the prior week's record, Freddie Mac said. The 15-year also fell 8 points to a new low of 5.24%. The 1-year adjustable rose 5 points from last week's low to 4.06%.
** It's already too late to get those rates. Bond yields, which mortgage rates key off, jumped Thursday as stocks rallied.
** Refis rose 10.9% in the Dec. 27 week on low rates, the Mortgage Bankers Association said. But loan requests to buy homes fell 7.5%.
** M2 money rose $11.4 bil to $5.8227 tril in the Dec. 23 week, the Fed said. M3 fell $6.4 bil to $8.5428 tril. M1 rose $17 bil to $1.2271 tril.
Germany aims to stop huge strike
Talks began to avert the country's first full-scale strike by its nearly 3 mil public employees in 10 years, with the two sides far apart. Unions, which have paralyzed airports and public transport with short stoppages, want a hike of over 3%. State, local and federal governments offered a 0.9% raise from Jan.
- BIG FOUR AUSTRALIAN BANKS REVIEWING MORTGAGE RATES.
- News wire article from: AsiaPulse News February 3, 2009 700+ words
...home loan lenders are reviewing their are reviewing their mortgage rates after the central bank cut the cash rate. "Our rates are...cent at Commonwealth Bank of Australia. Earlier in the day Prime Minister Kevin Rudd said the banks should pass on interest rate cuts...
- Choose new jobs. Choose a country where community values mean something. Choose...
- Newspaper article from: Sunday Mail (Glasgow, Scotland) February 20, 2005 700+ words
Byline: By PRIME MINISTER TONY BLAIR THE choice for Britain is now clear. That choice is...we have achieved a great deal. We have the lowest inflation, mortgage rates and unemployment for a generation. Two million more people are...
- PM acts to quell anger over rates.(Prime Minister John Howard, interest...
- News wire article from: Australasian Business Intelligence Lewis, Steve March 6, 2005 700+ words
...via COMTEX) The Australian Prime Minister, John Howard, says Australians...interest rate rise. He says mortgage rates are still relatively low, the...2005 AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET: LIBERAL PARTY...
- Thailand's Siam Commercial Bank adjusts mortgage rates.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) October 1, 2004 700+ words
...for a contest entitled "Kids' Home for Mom". The winner and the runner-up will receive a cup and a prize from the prime minister. The fair, hosted by the association, is taking place until Sunday at the Bangkok Convention Centre, Central Plaza Lat...
- Bank quick off mark to lift mortgage rates.
- Newspaper article from: Australasian Business Intelligence August 3, 2006 700+ words
...GROUP LIMITED - ASX ANZ COMMONWEALTH BANK OF AUSTRALIA - ASX CBA COMMONWEALTH SECURITIES LIMITED AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET All copyright subsisting under the Copyright Act 1968 (Commonwealth) resides in us. No part of the copyright...
- Abbey's habit of charging more; Society is first to raise mortgage rates.
- Newspaper article from: The Birmingham Post (England) June 11, 1998 700+ words
...92. Details of interest rate increases on selected Abbey National savings accounts on July 1 will be announced shortly. Prime Minister Mr Tony Blair has insisted that last week's rise in official interest rates was necessary for the long-term strength...
- The war matters to us, Mr Blair; election 2005 As Prime Minister suggests Iraq...
- Newspaper article from: The Daily Mail (London, England) May 4, 2005 700+ words
...inquiry into whether the Prime Minister broke the law by invading...the risk of rising mortgage rates if voters back the...got to try to do as Prime Minister what you think is...about calling the Prime Minister a liar. 'I would...
- PRIME MINISTER'S QUESTIONS
- Newspaper article from: The Independent - London Compiled Ben Summers November 1, 1996 700+ words
...end of November. "Given the Prime Minister's timetable for lifting that...Walker, Lab. Woolwich) Mortgage rates (Tristan Garel-Jones, C...three hundred years. Will the Prime Minister confirm that he's doubled...
