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U.S. banks offer mortgage rates below 5 as Fed buys 0133 - 1 hour ago - he largest U.S. banks are starting to offer fixed home loans below 5 percent after the government began buying mortgage securities to bolster the housing market. JPMorgan Chase is advertising 30-year mortgages as low as 4.75 percent on its 0133 : Daily Business Review

U.S. Banks Offer Mortgages Below 5 After Fed Action Update1 - 1 hour ago - Jan. 8 Bloomberg The largest U.S. banks are starting to offer fixed home loans below 5 percent after the government began buying mortgage securities to bolster the housing market. JPMorgan Chase Co. is advertising 30-year mortgages 0133 : Bloomberg

Rates fall as Fed buys mortgage securities - 1 hour ago - The government purchases of mortgage securities that began this week appear to be paying off, according to Bloomberg News , which reports that several of the largest U.S. banks have begun offering home loans at fixed rates of 5 percent or 0133 : Providence Business News

Low mortgage rates tough to get - 3 hours ago - Mortgage rates are at their lowest level in decades, but thousands of Bay Area residents are discovering that qualifying for a loan is tougher than it has been in years. Banks are reluctant to lend at favorable rates to all but the most 0133 : Contra Costa Times

Fixed Mortgage Rate Falls to Record Low, Freddie Says 0133 - 40 minutes ago - Jan. 8 Bloomberg The U.S. average rate on a 30-year fixed mortgage dropped for a 10th straight week to the lowest on record as the government began buying mortgage bonds to stimulate housing demand. The fixed rate dropped to 5.01 0133 : Bloomberg

ICICI cuts home, auto loan rates 50 bps - 1/1/2009 - The bank s decision came after rate cuts by public sector banks and some of its major private sector rivals like HDFC and HDFC Bank earlier this month. ICICI Bank said it has reduced its floating reference rate FRR for home loans and auto 0133 : Business Standard

Nation World briefs - 3 hours ago - WASHINGTON Treasury Secretary Henry Paulson on Wednesday called for abolishing Fannie Mae and Freddie Mac and replacing them with highly regulated utilities that would play a more narrow role in supporting the U.S. housing finance 0133 : Detroit News

Sallie Mae Closes 1.5 Billion Financing - 47 minutes ago - RESTON, Va. BUSINESS WIRE SLM Corporation NYSE SLM , commonly known as Sallie Mae, today announced the closing of a 1.5 billion, 12.5-year asset-backed securities-based total return swap facility with Goldman Sachs International. 0133 : Businesswire.com