Helpful facts for understanding loan and mortgage refinancing rates

Getting Out Of Financial Crisis With A Bad Credit Mortgage Loan

About the Author : Jenny Lane is a banking specialist who writes on related financing and banking industry topics. Find out more about the latest in banking industry at http://bankingtrends.com

Enter your search terms Submit search form

More Useful Resource and Updates on loan and mortgage refinancing rates

• O.C. reacts to 'scary' global rate cuts (Orange County Register)
  Key Fed Funds rate is now at 1.5% in bid to stabilize economy.



• McCain's Plan Calls for Government to Buy Mortgages (Update4) (Bloomberg)
  Oct. 8 (Bloomberg) -- Republican presidential candidate John McCain is proposing the government divert some money set aside for buying mortgage securities and instead purchase home loans.



• Investors still shaky despite rate cuts (Honolulu Advertiser)
  Emergency interest-rate cuts yesterday by the Federal Reserve and five other central banks left in doubt whether government efforts to cure the financial crisis would show results fast enough to avert fresh panic and serious economic damage.



• What the Fed's Coordinated Emergency Rate Cut Means for Consumers from Informa Research Services (Centre Daily Times)
  Today, as part of a worldwide effort to ease the effects of the current economy, the Federal Reserve Board enacted an emergency interest rate cut of 50 basis points. The Fed funds rate is the key interest rate used to influence market conditions. This cut leaves the Fed rate at 1.50%. Informa Research Services, Inc., informs consumers about what to do in these rare economic circumstances ...



• What the Fed's Coordinated Emergency Rate Cut Means for Consumers from Informa Research Services (Business Wire via Yahoo! Finance)
  CALABASAS, Calif.----Today, as part of a worldwide effort to ease the effects of the current economy, the Federal Reserve Board enacted an emergency interest rate cut of 50 basis points.



• Five Financial Fitness Tips (Carteret County News-Times)
  (ARA) - The economy's recent rollercoaster ride may make you feel like shouting "I want to get off." But while you can no more seize control of the national economy than you can exit a rollercoaster car mid-way through the ride, it is possible to take control of your personal economic situation.



• Federal Reserve orders emergency half-percentage-point rate cut (AM New York)
  The Fed lowers its benchmark federal funds rate to 1.5%. Other central banks also cut rates. Emergency interest rate cuts Wednesday by the Federal Reserve and five other central banks left in doubt whether government efforts to cure the financial crisis would show results fast enough to avert fresh panic and serious economic damage.



• Some Mainers still need help in home crisis (Bangor Daily News)
  WASHINGTON ? Maine?s foreclosure rate is low compared with other states. But homeowners facing foreclosure still need help, state officials say.



• Send everyone a check to turn economy around fast (Concord Monitor)
  The most stunning graphic of the past few days shows the stock market's reaction to government attempts to rescue the financial system. Between Monday and Wednesday, the Federal Reserve unveiled five initiatives to unfreeze credit, and stocks slumped after each announcement.