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30-year mortgage rates drop to 5.53 percent, 0133 - 5 hours ago - WASHINGTON Rates on 30-year mortgages plunged this week to the lowest level since January after the government launched a sweeping new effort to aid the U.S. housing market. Mortgage finance giant Freddie Mac reported today that average 0133 : San Jose Mercury News

Bernanke More Action Needed to Cut Foreclosures - 3 hours ago - Federal Reserve Chairman Ben Bernanke called on the government Thursday to ramp up efforts to stem soaring home foreclosures, which are feeding into the country's deep economic troubles. Federal Reserve Chairman Ben Bernanke speaks on 0133 : ABC News

Halifax Defies Brown s Demand to Pass on U.K. Interest Rate 0133 - 3 hours ago - Dec. 4 Bloomberg Halifax, the U.K. s largest mortgage lender, defied Prime Minister Gordon Brown s demand to give consumers the full benefit of an interest-rate cut, saying its profit margins are under pressure. The unit of HBOS Plc 0133 : Bloomberg

People draw unemployment benefits at 26-year high - 1 hour ago - Costco Wholesale Corp COST Stock Quote , Chart , News , Add to Watchlist WASHINGTON AP - More evidence of consumers' weary state and the nation's deteriorating job market came Thursday with reports that people continuing to draw 0133 : MSN MoneyCentral

Countrywide to refund 11.5M to NC borrowers - 2 hours ago - RALEIGH, N.C. - Two subsidiaries of Countrywide Financial Corp. have agreed to repay more than 11 million to nearly 5,000 North Carolina borrowers who were overcharged on their mortgages, the state banking commissioner said Thursday. 0133 : CNBC

4.5-percent mortgages? Feds mull it over - 7 hours ago - WASHINGTON - December 4, 2008 The Treasury Department is developing a plan to try to reduce mortgage rates on home loans to 4.5 percent on typical mortgages by expanding its purchases of mortgage backed securities, sources familiar with 0133 : WPVI

Government plans interest sops to ease home loans - 11/28/2008 - The proposal will also include providing loans at below market rates to real estate developers. But the loan disbursed under this will come with a number of conditions like an upper ceiling on selling price of flats and individual homes. 0133 : Business Standard

Banks are charging us more, no contest - 2 hours ago - Home loan rates are higher now than when official rates were last at 4.25p The RBA cut rates to 4.25pc earlier this week Calculator Compare home loan rates and features BANKS are charging customers significantly more than they were seven 0133 : News.com.au