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Mortgage News Dec 2009

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Mortgage Rate Trend Index
This week, a majority of the panelists believe mortgage rates will rise over the next 35 to 45 days. Roughly one-third think rates will fall, and the rest believe rates will remain relatively unchanged (plus or minus 2 basis points). (Thu, 31 Dec 2009 11:42:20 GMT)

Maybank introduces Maxi-mortgage packages
KUALA LUMPUR: Maybank will kick off the new year for customers by launching two new mortgage packages, new MaxiHome and MaxiShop Fixed Rate packages which offer a variety of three, five or 10 years fixed rates. (Thu, 31 Dec 2009 12:08:46 GMT)

Maybank to launch Maxi-Mortgage pagkages (Business Times
MAYBANK will kick off the new year for customers by launching two new mortgage packages, new MaxiHome and MaxiShop Fixed Rate packages which offer a variety of three, five or 10 years fixed rates. "These two exclusive packages are offered from Jan 1 to June 30, 2010," said head of consumer banking, senior executive vice president Lim Hong Tat in a statement today. The MaxiHome package is aimed ... (Thu, 31 Dec 2009 12:12:26 GMT)

Toni completes Roma loan move
Bayern Munich's Luca Toni has returned to Serie A football on a six-month loan with AS Roma, confirmed on Thursday. (Thu, 31 Dec 2009 13:52:40 GMT)

Treasury to dole out $3.8 billion to GMAC Financial Services to help cover mortgage losses
The U.S. is injecting another $3.8 billion into GMAC Financial Services to help cover mortgage losses, in a bailout that makes the government the majority owner of the auto and home finance company. (Thu, 31 Dec 2009 15:01:00 GMT)

Home prices declining slower in Colorado Springs
To begin the year, there’s good and not-so-good-news regarding home prices in the Pikes Peak region. The area compared favorably with the rest of the country, based on First American CoreLogic’s loan performance home price index. Based on the latest HPI results reported during December, home prices had continued their year-over-year decline nationally through October 2009. Locally, home [...] (Thu, 31 Dec 2009 15:22:06 GMT)

Mortgages: Fixed mortgage rates march higher
Fourth straight week of increases. (Thu, 31 Dec 2009 15:30:51 GMT)

Mortgage rates end the year above 5 percent
Mortgage rates rose for the fourth straight week, ending the year above 5 percent. (Thu, 31 Dec 2009 15:37:33 GMT)

Mortgage rates end the year above 5 percent
Mortgage rates rose for the fourth straight week, ending the year above 5 percent. The average fixed rate on a 30-year mortgage was 5.14 percent this week, up from 5.05 percent last week, Freddie Mac said Thursday. (Thu, 31 Dec 2009 15:37:33 GMT)

Mortgage Rates Rise Further This Week; 30-Year Fixed At 5.14%
Mortgage rates rose again this past week as Treasury yields continued to climb, with the average rate on 30-year fixed-rate mortgages moving further above 5%, according to Freddie Mac's (FRE) weekly survey of mortgage rates. (Thu, 31 Dec 2009 15:48:29 GMT)

U.S. Mortgage Rates Rise to 5.14%, Freddie Mac Says (Update1)
Dec. 31 (Bloomberg) -- Mortgage rates for 30-year fixed U.S. home loans climbed to the highest level since Aug. 27, reducing affordability for buyers and owners who wish to refinance, mortgage finance company Freddie Mac said. (Thu, 31 Dec 2009 15:52:27 GMT)

Mortgage rates end the year above 5 percent
Mortgage rates rose for the fourth straight week, ending the year above 5 percent. The average fixed rate on a 30-year mortgage was 5.14 percent this week, up from 5.05 percent last week, Freddie Mac said Thursday. Mortgage rates are closely tied to yields on... Mortgage - Freddie Mac - Business - Financial services - United States (Thu, 31 Dec 2009 16:00:19 GMT)

Mortgage Rates in U.S. Rise to Highest in Four Months (Update2)
Mortgage rates in the U.S. rose to the highest since August, raising the prospect that the budding housing recovery will stall as home buying becomes more costly. (Thu, 31 Dec 2009 16:12:36 GMT)

Mortgage rates at 4-month high
30-year fixed-rate mortgage averaged 5.14 percent vs. last week at 5.05 percent vs. last year at 5.10 percent. This was highest in 4 months. (Thu, 31 Dec 2009 16:57:13 GMT)

Mortgage Bond Rally May End as Fed Stops Buying (Update1)
Dec. 31 (Bloomberg) -- Mortgage bonds are poised to slump after a record rally as the Federal Reserve’s unprecedented buying of $1.25 trillion of the securities ends as soon as March, driving up interest rates on new home loans. (Thu, 31 Dec 2009 17:37:41 GMT)

New and improved mortgage forms
Starting Jan. 1, new rules go into effect that simplify and clarify exactly what mortgage lenders will charge for a loan. (Thu, 31 Dec 2009 20:36:10 GMT)

Mortgage interest rates rise, set to climb higher in 2010
Mortgage interest rates crept up for the fourth week in a row Thursday, a troubling sign for borrowers hoping that home finance will remain near historic lows during the new year. (Thu, 31 Dec 2009 20:51:00 GMT)

Federal Home Loan Bank of San Francisco Releases November 2009 Cost of Funds Index
SAN FRANCISCO----The Federal Home Loan Bank of San Francisco announced December 31, 2009, that the 11th District Monthly Weighted Average Cost of Funds Index for November 2009 is 2.094%. (Thu, 31 Dec 2009 23:34:00 GMT)

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