MORTGAGE INTEREST RATE
South Korea Will Probably Keep Interest Rate Unchanged at 4.5% Bloomberg.com Dec. 6 (Bloomberg) -- South Korea's central bank probably will keep the benchmark interest rate unchanged at a five-year high tomorrow as it seeks to cool property prices and rein in mortgage lending. • US Mortgage Application Index Rose Up, Interest Rates Down to the Lowest Level Turks.US New York- Applications for mortgage in the US increased last week, as the demand for home refinancing loans instigated the situation. The interest rates went down to the lowest level in more than one year. USDA lowers interest rate for potential homeowners Lebanon Express The Single Family Housing Program of the U. S. Department of Agriculture reduced its interest rate to 6 percent from 6.25 percent for its Section 502 Home-ownership Direct Loan program, effective Nov. 1. Mortgage demand rises as rates fall, refinancing surges USA Today Mortgage applications rose sharply last week, as the lowest interest rates in more than a year prompted a surge in demand for refinancing, an industry trade group said Wednesday. Mortgage applications rise as rates tumble CNN Money Mortgage applications rose as interest rates fell to their lowest level in 14 months, an industry trade group reported Wednesday. Interest rates on hold Sydney Morning Herald Mortgage holders have been spared an interest rate rise in the run-up to Christmas after the Reserve Bank board left interest rates unchanged. U.S. mortgage applications surge in latest week: MBA Reuters via Yahoo! News U.S. mortgage applications rose sharply last week, fueled by a surge in home refinancing loans as interest rates sunk to their lowest levels in more than a year, an industry trade group said on Wednesday. Your Money Matters: Dealing with Rising Mortgage Interest Rates Pekin Times (ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans their home equity represents the cornerstone of their personal wealth. Interest Rate Roundup Bankrate.com Here's a look at the state of interest rates on five common consumer banking products and the latest rates from Bankrate.com's weekly national survey of large banks and thrifts conducted Dec. 6, 2006. BOJ can raise interest rate despite weak economic data: Mizuno Kyodo via Yahoo! Asia News _ Bank of Japan Policy Board member Atsushi Mizuno said Tuesday that the central bank can raise its key short-term interest rate despite recent weak economic data, suggesting a hawkish stance toward a rate hike.
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