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Low rates get loans moving again - 2 hours ago - The storm clouds that have hovered over the mortgage industry for almost two years are starting to roll away, now that interest rates are at 30-year lows. Local mortgage brokers, bankers and lenders saw a surge in applications in December 0133 : Long Island Business News

U.S. Banks Offer Mortgages Below 5 After Fed Action Update1 - 50 minutes 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

U.S. banks offer mortgage rates below 5 as Fed buys 0133 - 58 minutes 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

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

Also in Irish - 1 hour ago - Bank of Ireland , which is getting a government bailout, said it won t take on any new home loans in the U.K. through mortgage intermediaries. Bank of Ireland will reduce its 29 billion 32 billion U.K. mortgage book over an extended 0133 : Independent

Area legislators seek crackdown on unscrupulous home lenders - 36 minutes ago - Two Richmond area-lawmakers today proposed legislation designed to discourage unscrupulous mortgage brokers from making sub-prime loans to people who don't qualify. The Truth in Lending Act is sponsored by Del. Jennifer L. McClellan, 0133 : Richmond Times-Dispatch

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

Record consumer-loan delinquencies - 8 hours ago - Late payments on consumer loans in last year's third quarter hit the highest level since record-keeping began in 1980, the American Bankers Association said. The association said delinquencies rose to a seasonally adjusted 2.9 percent from 0133 : Chicago Tribune