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Foreclosed homes sold for half price
CharlotteObserver.com
According to the National Association of Realtors, about one third of US home sales are a result of foreclosures and other distressed deals. ...

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]]>http://www.charlotteobserver.com/breaking/story/841240.htmlf0f8f2fa-46f7-fe68-f05f-70fcf47dfe6aSun, 19 Jul 2009 01:15:41 GMThttp://www.charlotteobserver.com
New York Times

Battling the Decay of Foreclosures
New York Times
“I would say it's hurricane season for foreclosures and 150 Katrinas are pounding urban neighborhoods across the country,” he said. “It's forcing us to ...

...]]>http://www.nytimes.com/2009/07/19/nyregion/19foreclose.htmlf01df647-f013-f5fe-f24a-f46a1a14f4f5Sat, 18 Jul 2009 23:27:11 GMThttp://www.nytimes.com

Interest rates may be low but a drop in inflation makes money go ...
Scotsman
The Manchester Building Society is currently offering the best rate to new Isa savers at 3.26 per cent with a 45-day notice period, with the Newcastle ...

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]]>http://business.scotsman.com/personal-finance/Interest-rates-may-be-low.5472845.jp6845f8f8-2ffb-5567-fb6b-776254f536f8Sat, 18 Jul 2009 23:10:16 GMThttp://business.scotsman.com

Home loans kept artificially high as lenders 'profiteer'
Independent
They are doing this by increasing mortgage rates, despite seeing their own lending cost fall to its lowest rate in over 20 years. ...

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]]>http://www.independent.co.uk/money/mortgages/home-loans-kept-artificially-high-as-lenders-profiteer-1752109.html6b391d4f-f966-fbf4-0919-711a05141effSat, 18 Jul 2009 23:09:39 GMThttp://www.independent.co.uk

Financial Invention vs. Consumer Protection
New York Times
Compared with conventional mortgages, the subprime variety typically involved higher interest rates and stiff prepayment penalties. ...

]]>http://www.nytimes.com/2009/07/19/business/economy/19view.html58f2f1ff-0fff-fbfb-f37f-6e4bfa58151eGoogle Mortgage Newsmortgage interest ratesSat, 18 Jul 2009 21:40:47 GMTGoogle Mortgage News
Daily Mail

Lenders, cut your rates: Mortgages 'should be much cheaper'
Daily Mail
Banks and building societies are accused this weekend of profiteering by keeping mortgage rates high for new borrowers and customers ...

...]]>http://www.dailymail.co.uk/money/article-1200623/Lenders-cut-rates-Mortgages-cheaper.htmlf5f5fcf1-f8f5-5cf9-f1fd-6efdf96ef6f1Google Mortgage Newsmortgage interest ratesSat, 18 Jul 2009 21:09:00 GMTGoogle Mortgage News

Investors have to be sure statistics do not lie
Financial News USA (press release)
Last year at this time, the average rate for a 30-year mortgage averaged 6.26 percent, Freddie Mac said. Falling mortgage rates can spur refinance activity, ...

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]]>http://www.financialnewsusa.com/news/investors-have-to-be-suref71cf1fd-2a3a-fefa-f40a-fefbfc40faf4Sat, 18 Jul 2009 21:01:48 GMThttp://www.financialnewsusa.com
Money High Street

Think before rushing into a fixed rate mortgage deal
Times Online
The best five-year fix, also from HSBC, is at 4.79%. Someone on a £200000 interest-only mortgage would pay £798 on the fix but only £457 on the tracker — a ...

...]]>http://www.timesonline.co.uk/tol/money/property_and_mortgages/article6719005.ecef76afd41-f0fe-f434-2e75-11f1fe6bf1f1Sat, 18 Jul 2009 20:06:20 GMThttp://www.timesonline.co.uk
Best Syndication

Interest Rates On The Rise - What Banks Have The Lowest Interest ...
Best Syndication
The rate was 5.655 percent with $1000 in fees. In April the lowest rate was 4.875 from American Interbanc Mortgage with $599 in fees. ...

...]]>http://www.bestsyndication.com/?q=20090718_what_banks_have_lowest_mortgage_interest_rates.htm79f92dfc-54f8-f22e-f4f8-1c716c70f823Sat, 18 Jul 2009 18:39:06 GMThttp://www.bestsyndication.com

Michigan Home Equity Loan Rates Turns To Technology
TransWorldNews (press release)
The new website has launched in July 2009 and covers the following areas: low mortgage rate quotes, auto insurance, home owners insurance, reverse mortgages ...

]]>http://www.transworldnews.com/NewsStory.aspx?id=10329104715df4-4670-fbff-3df3-357e7a57f4f4Google Mortgage Newsmortgage interest ratesSat, 18 Jul 2009 15:49:58 GMTGoogle Mortgage News

Veteran tries to save home from foreclosure
Jackson Sun
More than 3.2 million US homes went into foreclosure in 2008, according to realtytrac. com - 41580 of those belonged to Tennesseeans. ...

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]]>http://www.jacksonsun.com/article/20090718/NEWS01/9071803116265642f-74f3-f160-605c-f9f1fb4127f8Sat, 18 Jul 2009 10:25:19 GMThttp://www.jacksonsun.com

Protecting your pockets Is refinancing right for you?
Reporter-Times
Request a written Good Faith Estimate to compare the real costs of your mortgage. It will include your interest rate, monthly payment and closing costs. ...

]]>http://www.reporter-times.com/stories/2009/07/18/business.qp-7836057.sto69fbf93b-fcff-67fc-3bfe-f35163fcfbf3Sat, 18 Jul 2009 09:55:05 GMThttp://www.reporter-times.com

Lenders try mortgage deals
Myrtle Beach Sun News
AmerisBank has two programs that reduce already low interest rates, helping lower monthly payments. Bank of America has a program that will pay monthly ...

]]>http://www.thesunnews.com/business/story/986198.htmlfffff7f9-f9f0-1a3f-77fa-6bf85ffc6671Google Mortgage Newsmortgage interest ratesSat, 18 Jul 2009 03:13:48 GMTGoogle Mortgage News
CBS News

Bad time to be rich in US? Only if you don't like taxes
Newton Kansan
He wants to limit the deductions high-income families take for mortgage interest and charity contributions to help pay for providing more people with health ...

...]]>http://www.thekansan.com/news/x737376384/Bad-time-to-be-rich-in-U-S-Only-if-you-don-t-like-taxesf023fe45-fff2-2213-fffe-2424fefd5268Google Mortgage Newsmortgage interest ratesSat, 18 Jul 2009 03:11:23 GMTGoogle Mortgage News
MonitorBankRates.com

Bank rate record low, Libor 30-year low, mortgage rates up
MyFinances.co.uk
"But in general lenders have at best left their fixed rates unchanged and some, including Northern Rock, have further increased their fixed rates, ...

...]]>http://www.myfinances.co.uk/news/share-prices/fixed-rate-mortgage/bank-rate-record-low-libor-30-year-low-mortgage-rates-up-$1311904.htm2a67fbf3-fbf1-f346-f73f-31f738137e28Sat, 18 Jul 2009 02:32:59 GMThttp://www.myfinances.co.uk