Mortgage rates hit 6-month low
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Long-term mortgage rates fell again this week to the lowest level in six months, Freddie Mac reported Thursday.
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US consumer borrowing grew at its slowest rate in six months during April, Federal Reserve figures show.
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New applications for US home loans fell last week from a four-month high even as 30-year mortgage rates declined to their lowest level since late March, an industry group said on Wednesday.
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The chances of another rise in interest rates faded today as mortgage lending slowed to its lowest level for a year during August.
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WASHINGTON -- Interest rates on short-term Treasury bills fell in yesterday's auction to the lowest levels since June.
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U.S. mortgage applications sank last  week to the lowest level since the end of last year despite  falling borrowing costs, an industry trade group said on  Thursday.
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Long-term U.S. mortgage rates fell this week to their lowest levels since January, according to a report released today, but the chief economist for government-backed mortgage company Freddie Mac said rates may soon be heading back up.
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WASHINGTON -- Sales of existing homes, depressed by turmoil in credit markets, fell for a sixth straight month in August, pushing activity to the lowest point in five years.
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There was a sharp slowdown in mortgage lending last month, says the Council of Mortgage Lenders.
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WASHINGTON - Interest rates on short-term Treasury bills fell in auction yesterday with the rate on six-month bills dropping to the lowest level in a month.
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Interest rates on U.S. 30- and  15-year mortgages fell this week to their lowest levels since  early April as the housing market showed little sign of slowing  despite the Federal Reserve's move to raise interest rates,  mortgage finance company Freddie Mac said on Thursday.
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Average interest rates for U.S. mortgages dropped for the fourth week in a row, to levels not seen since the beginning of the year, according to a survey released by finance company Freddie Mac  on Thursday.
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The Bank of England leaves interest rates on hold at 4.75% for a sixth month in a row amid mixed signals from the economy.
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Interest rates on short-term Treasury bills fell in yesterday's auction with rates on six-month bills dropping to their lowest in three weeks.
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Treasury yields hovered near six-month  lows on Tuesday as investors bet rising energy costs would  handicap the economy and perhaps sway the Federal Reserve to  slow the pace of rate hikes.
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Interest rates on short-term Treasury bills fell in Monday's auction with rates on six-month bills dropping to the lowest level in 2 1/2 years.
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Average interest rates for U.S.  mortgages dropped for the fourth week in a row, to levels not  seen since the beginning of the year, according to a survey  released by finance company Freddie Mac  on Thursday.