Archive for the ‘Loan And Interest Rates’ Category

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Lastest Loan And Interest Rates News

Tuesday, July 20th, 2010

Summary Box: Car loans a little easier to come by
THE TREND: Auto loan approval rates have improved over the last year for customers regardless of their credit rating. Those with subprime credit faced the biggest challenge as the economy slid into recession with approval rates falling from the 60 percent to about 5 percent in 2009.
Read more on AP via Yahoo! Finance

Summary Box: Car loans a little easier to come by
THE TREND: Auto loan approval rates have improved over the last year for customers regardless of their credit rating. Those with subprime credit faced the biggest challenge as the economy slid into recession with approval rates falling from the 60 percent to… Loan – Business – Subprime lending – Credit rating – Financial services
Read more on San Francisco Chronicle

Call for support of loan shark bill
The Labour MP behind the members bill to stop loan sharks is fearful it will be voted down.
Read more on 3news

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Town refinances loans at lower interest rates

Friday, July 16th, 2010

Town refinances loans at lower interest rates
The town has refinanced two of its short-term loans, reducing interest rates from an average of 1.12% to 0.9% and saving the town about ,000, Town Supervisor Charles Duffy announced last week.
Read more on Lewisboro Ledger

Bank warns of home loan rise
Mortgage interest rates might rise even without the Reserve Bank pushing up official rates, one of the nation’s biggest banks has warned.
Read more on thewest.com.au

July CCC lending rates announced
Commodity Credit Corp. interest rates for July have been announced, according to a news release. The borrowing rate-based charge is 0.375 of a percent, unchanged from June.
Read more on Iowa Farmer

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Record Low Mortgage Rates Spur Interest In Refinancing

Friday, July 9th, 2010

Record Low Mortgage Rates Spur Interest In Refinancing
Record low interest rates are leading to a spike in phone calls from homeowners seeking to refinance.
Read more on KMGH 7 Denver

Rates status quo rocks savings returns
The era of unusually high interest rates on savings accounts might be over thanks to the RBA’s decision to leave hold rates steady for the second straight month
Read more on The Age

Stagnant rates rock savings returns
The era of unusually high interest rates on savings accounts might be over thanks to the Reserve Bank of Australia’s decision to leave the cash rate on hold for the second straight month, an analyst warns.
Read more on Brisbane Times

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Home loan interest rates should be high enough to prevent a real estate bubble?

Sunday, June 27th, 2010

Question by jack: Home loan interest rates should be high enough to prevent a real estate bubble?
Supply and demand. Low interest rates mean the price of houses is bid up – new entrants to the market in their 20s cant get in.

Best answer:

Answer by Mention the flag of St David
What is your question?

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Posted in Loan And Interest Rates | 3 Comments »

If interest rates are so low, why are my student loan interest rates higher than ever?

Thursday, June 24th, 2010

Question by thefightforgood: If interest rates are so low, why are my student loan interest rates higher than ever?
I just applied for my Student Signature loan with sallie mae for this semester, and the interest rate is 11.750%, whereas the last few semesters have been at about 8%.

Best answer:

Answer by Boss Chick
Have you had Signature loans the previous semester? Because the stafford loan rate is 6% and 6.8% the Plus loan is 8.5% and those are fixed but your rate may not be.

Give your answer to this question below!

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