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Looking for a mortgage? Want to refinance? We recommend keeping an eye on things and knowing when is the best time to lock in your rate. We pull these news story from a major source and keep them refreshing through out the day to insure that we have the freshest mortgage rate new available.



Housing mortgage rates up second straight week (San Francisco Chronicle)
5 Oct 2008 at 12:23am
Rates on 30-year mortgages have risen for a second straight week, climbing to the highest level in a month. Freddie Mac, the mortgage company, reported Thursday that 30-year fixed-rate mortgages averaged 6.10 percent last week, up slightly from 6.09 percent...

Halifax hikes its mortgage rates (Gazette)
4 Oct 2008 at 9:52am
Britain's biggest mortgage lender has become the latest mortgage lender to hike its mortgage rates.

Halifax hikes mortgage rates (Channel 4)
4 Oct 2008 at 2:49am
Halifax has become the latest mortgage lender to hike its rates.

Halifax hikes its mortgage rates (Evening Standard)
4 Oct 2008 at 12:59am
Britain's biggest mortgage lender has become the latest mortgage lender to hike its mortgage rates. Halifax said it was raising its rates by up to 0.25%, following last week's increase of up to 0.45%.

Mortgage rates rise in volatile week (Las Vegas Review-Journal)
4 Oct 2008 at 2:35am
Mortgage rates went up again in a volatile week marked by political tumult. The benchmark 30-year fixed-rate mortgage rose 9 basis points, to 6.41 percent, according to the Bankrate.com national survey of large lenders.

Money-Market Rates Climb as Banks Hoard Cash, Crisis Deepens (Bloomberg)
6 Oct 2008 at 11:56am
Oct. 6 (Bloomberg) -- Money-market rates climbed worldwide as banks hoarded cash on speculation the seizure in credit markets is deepening and may prompt more financial institutions to collapse.

Halifax raises its mortgage rates (Channel 4)
3 Oct 2008 at 12:19pm
Britain's biggest mortgage lender said it is hiking its mortgage rates for the second time in a week. Halifax said it was raising its rates by up to 0.25%, following last Friday's increase of up to 0.45%.

Low-deposit mortgage options fall (BBC News)
6 Oct 2008 at 7:51am
The number of mortgage deals available to borrowers with a 5% deposit has shrunk to just 60, says Moneyfacts.

Bank Settles Countrywide Mortgage Lawsuit (CBS News)
6 Oct 2008 at 6:00am
Facing a lawsuit over deceptive mortgage practices, a Bank of America Corp. subsidiary has agreed to modify tens of thousands of loans to keep people in 11 states from losing their homes, the Illinois attorney general's office said.

Pound Declines Against Dollar; BOE May Reduce Rates This Week (Bloomberg)
6 Oct 2008 at 6:01am
Oct. 6 (Bloomberg) -- The pound fell against the dollar amid speculation the Bank of England will cut interest rates this week to bolster an economy that may be in a recession.



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