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Analysis by Jean-Claude Trichet, ECB President; European Central Bank is set to raise interest rates today; Analysis by Paul Robson of Royal Bank of Scotland; Report by Marie Louise Moller of Bloomberg News

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Original post by Admin

Federal Reserve chairman Ben Bernanke heads to capitol hill today. He may encourage lawmakers to stimulate the economy.

Bernanke will appear before the house budget committee today. Legislators are set to question the fed chairman on steps to avoid the first recession since 2001. Bernanke may also try to avoid backing away particularly from tax or spending policies. analysts say doing so could earn him criticism from legislators who oppose them, in turn putting the fed’s reputation of independence at risk.

Bernanke may side step moves taken by former fed chairman Alan Greenspan, who said he misjudged the environment when he endorsed tax cuts in 2001.

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Original post by Admin

December 13 2007
Daily  Mortgage Rates via Email OR

  OR

Mortgage Programs
Mortgage Interest Rates
for
December 13 2007
Freddie Mac Average

‘Best-Rate’
0 Points

‘Best-Rates’
1 Point

30 Year
Fixed Average
5.96%
6.125%
Lock In Your Best Rates Here
5.875%
Lock In Your Best Rates Here

15 Year
Fixed Average
5.65%
5.625%
Lock In Your Best Rates Here
5.375%
Lock In Your Best Rates Here

5/1 ARM
Average
5.75%
6.00%
Lock In Your Best Rates Here
5.625%
Lock In Your Best Rates Here

3/1 ARM
Average
5.46%
5.625%
Lock In Your Best Rates Here
5.25%
Lock In Your Best Rates Here

10-Year Treasury
4.15%
-
–

30-Year Treasury
4.59%
-
–

USD LIBOR 6-mo
4.928%
-
–

USD LIBOR 1-yr
4.502%
-
–

COFI-11th
4.233%
-
–

Prime Rate
7.25%
-
–

sources:Freddie Mac, Federal Reserve, DTN, FHLBSF
Key: Rates Are Increasing Rates Are Decreasing
All calculations are for illustration purposes only. ConsumerMortgageReports.com accepts no liability for lender inaccuracies and does not guarantee these exact rates or savings. Rates are subject to change without notice.

ConsumerMortgageReports.com 2004-2007

Today’s Current Mortgage Interest Rates December 13 2007. Fixed mortgage rates are UNCHANGED from Wednesday December 12 2007, while adjustable mortgage rates are UNCHANGED - Today’s 30 Year, is UNCHANGED and 15 Year […]

Original post by Admin

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Original post by Admin

Stocks Slide On The Federal Reserve’s ‘Lack of a Move’; UK Economy.

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Original post by Admin

Asia shares slide after Federal Reserve cut. Dec. 12 - Asian shares fell Wednesday on disappointment with the size of US Federal Reserve rate cut.Financial stocks in the region in particular were hit, on ideas the 25-basis point move was insufficient.

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Original post by Admin

The US Central Bank cut interest rates again in order to bolster the housing market and US economy. In its final meeting of 2007, the Federal Reserve cut interest rates for a third straight time. But Wall Street is saying “It’s just not enough”.

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Original post by Admin

December 11 2007
Daily Mortgage Rates via Email OR

OR

Mortgage Programs
Mortgage Interest Rates
for
December 11 2007
Freddie Mac Average

‘Best-Rate’
0 Points

‘Best-Rates’
1 Point

30 Year
Fixed Average
5.96%
6.00%
Lock In Your Best Rates Here
5.875%
Lock In Your Best Rates Here

15 Year
Fixed Average
5.65%
5.75%
Lock In Your Best Rates Here
5.375%
Lock In Your Best Rates Here

5/1 ARM
Average
5.75%
6.00%
Lock In Your Best Rates Here
5.625%
Lock In Your Best Rates Here

3/1 ARM
Average
5.46%
6.125%
Lock In Your Best Rates Here
5.50%
Lock In Your Best Rates Here

10-Year Treasury
4.11%
-
–

30-Year Treasury
4.57%
-
–

USD LIBOR 6-mo
4.967%
-
–

USD LIBOR 1-yr
4.552%
-
–

COFI-11th
4.233%
-
–

Prime Rate
7.50%
-
–

sources:Freddie Mac, Federal Reserve, DTN, FHLBSF Key: Rates Are Increasing Rates Are Decreasing
All calculations are for illustration purposes only. ConsumerMortgageReports.com accepts no liability for lender inaccuracies and does not guarantee these exact rates or savings. Rates are subject to change without notice.

ConsumerMortgageReports.com 2004-2007

Today’s Current Mortgage Interest Rates December 11 2007. Fixed mortgage rates are DOWN from Monday December 10 2007, while adjustable mortgage rates are DOWN - Today’s 30 Year, is DOWN and […]

Original post by Admin

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Original post by Admin

December 7 2007
Daily Mortgage Rates via Email OR
OR

Mortgage Programs
Mortgage Interest Rates
for
December 7 2007
Freddie Mac Average

‘Best-Rate’
0 Points

‘Best-Rates’
1 Point

30 Year
Fixed Average
5.96%
6.00%
Lock In Your Best Rates Here
5.75%
Lock In Your Best Rates Here

15 Year
Fixed Average
5.65%
5.625%
Lock In Your Best Rates Here
5.25%
Lock In Your Best Rates Here

5/1 ARM
Average
5.75%
6.00%
Lock In Your Best Rates Here
5.625%
Lock In Your Best Rates Here

3/1 ARM
Average
5.46%
6.00%
Lock In Your Best Rates Here
5.50%
Lock In Your Best Rates Here

10-Year Treasury
4.05%
-
–

30-Year Treasury
4.53%
-
–

USD LIBOR 6-mo
4.901%
-
–

USD LIBOR 1-yr
4.444%
-
–

COFI-11th
4.233%
-
–

Prime Rate
7.50%
-
–

sources:Freddie Mac, Federal Reserve, DTN, FHLBSF Key: Rates Are Increasing Rates Are Decreasing
All calculations are for illustration purposes only. ConsumerMortgageReports.com accepts no liability for lender inaccuracies and does not guarantee these exact rates or savings. Rates are subject to change without notice.

ConsumerMortgageReports.com 2004-200

Today’s Current Mortgage Interest Rates December 7 2007. Fixed mortgage rates are DOWN from Thursday December 6 2007, while adjustable mortgage rates are DOWN - Today’s 30 Year, is UP and […]

Original post by Admin