Friday, November 16, 2012

DailyMarkets.com - New Record-Low Mortgage Rates In The US

DailyMarkets.com - New Record-Low Mortgage Rates In The US


New Record-Low Mortgage Rates In The US

Posted: 16 Nov 2012 06:35 AM PST

This week mortgage applications increased 12.6% compared to last week. This huge increase in the volume of applications is in part due to the rebound of mortgage application activity in the areas that were affected by Hurricane Sandy two weeks ago.

Another important factor that might have influenced this huge increase in applications is that according to Freddie Mac, this week 30-year, 5-year and 1-year mortgage rates have all reached new record-lows.

This week 30-year fixed-rate … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Sri Lanka Holds Rates; Inflation, Credit Growth Ease Further

Posted: 16 Nov 2012 04:53 AM PST

    The Central Bank of Sri Lanka held its benchmark repurchase rate steady at 7.75 percent, as expected, saying inflation eased in October and should decline further while the growth of broad money and credit to the public sector decelerated sharply in the third quarter.
    The central bank, which has raised rates by 75 basis points so far this year to control inflation, said the global economy should slow further due to the “absence of proactive leadership amidst … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Central Bank News Link List – Nov 16, 2012: Fed Hawks Press Their Minority Case Against Easing

Posted: 16 Nov 2012 03:49 AM PST

Here’s today’s Central Bank News link list, click through if you missed the previous link list. The list comprises news about central banks that is not covered by Central Bank News. The list is updated during the day with the latest developments so readers don’t miss any important news.)

Fed hawks press their minority case against easing (Reuters)
(Sri Lanka) central bank seen keeping policy rates on hold (daily mirror)
Basel group to seek liquidity deal next month, Ingves says … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


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