Archive for December, 2008
Federal Home Loan Bank of San Francisco Releases November 2008 Cost of Funds Index
SAN FRANCISCO—-The Federal Home Loan Bank of San Francisco announced December 31, 2008, that the 11th District Monthly Weighted Average Cost of Funds Index for November 2008 is 3.155%.
Man Indicted In Mortgage Loan Scam
A Glendale man is indicted on charges connected to a mortgage assistance scam he allegedly orchestrated, victimizing at least 10 Valley homeowners facing foreclosure.
ICICI slashes home loan rate
NEW DELHI: The largest home loan lender ICICI Bank has given a New Year gift to its borrowers. The bank has cut its home loan rate by half a percentage points to 11% for loan up to Rs 20 lakh and to 12.50% for loan more than Rs 20 lakh.
ICICI slashes home loan rate
The bank has cut its home loan rate by half a percentage points to 11% for loan up to Rs 20 lakh and to 12.50% for loan more than Rs 20 lakh.
ICICI Bank cuts lending, home loan rates by 50 bps
Mumbai, Dec. 31 ICICI Bank on Wednesday announced a 50 basis points cut in its floating reference rate for home loans with immediate effect, from 14.25 per cent to 13.75 per cent
ICICI Bank, LIC Housing cut home loan rates
Two more lending institutions – ICICI Bank and LIC Housing – Wednesday cut their interest rates on home loans by up to 75 basis points. While LIC Housing Finance cut rates for existing home loan borrowers by 75 bps effective Thursday, ICICI cut rates by 50 bps with immediate effect.
U.S. MBA’s Mortgage Applications Index Rose to Five-Year High
Dec. 31 — Mortgage applications in the U.S
Mortgage Applications Unchanged at 5-Year Peak
Demand for U.S. mortgage applications was unchanged during the Christmas holiday week, holding the highest levels in more than five years with loan rates near record lows, an industry group said on Wednesday.
ICICI Bank slashes home loan rate by 50 basis points
MUMBAI: The country’s largest private lender, ICICI Bank, on Wednesday slashed its floating home loan rate and benchmark lending rate by 50 basis points each.
ICICI Bank slashes home loan rate by 50 basis points
The rate, which has been reduced from 14.25 per cent, will benefit all existing home loan and auto loan customers, the bank said. Besides, the bank reduced it benchmark lending rate by half a percentage points to 16.75 per cent.
