(AFX UK Focus) 2010-05-06 15:15 US fixed mortgages rates drop to 6-wk lows-Freddie
(AFX UK Focus) 2010-05-06 15:15 US fixed mortgages rates drop to 6-wk lows-Freddie
NEW YORK, May 6 (Reuters) - U.S. fixed home loan rates slid to six-week lows in the latest week, tracking Treasury debt yields, with 30-year mortgage rates averaging 5.00 percent, home funding company Freddie Mac said on Thursday. The 30-year mortgage rate fell 0.06 percentage point in the week to 5 percent, while the 15-year loan rate dipped 0.03 point to 4.36 percent. A year ago these rates …
(AFX UK Focus) 2010-05-07 18:45 UPDATE 3-BofA’s Countrywide in $624 mln lawsuit settlement
By Jonathan Stempel
More buy-to-let mortgages on market
The availability of buy-to-let mortgages continued to improve with the launch of a new range for landlords with only a 20% deposit.