Mortgage demand falls despite interest rate dip (USA Today)
Mortgage applications fell for a second week, largely reflecting a drop in demand for home refinancing, an industry group said Wednesday.
Bank of England Keeps Interest Rate at Six-Year High (Update2) (Bloomberg.com)
Oct. 4 (Bloomberg) -- The Bank of England kept its benchmark interest rate unchanged at a six-year high as policy makers assessed the effect on the economy of higher credit costs and a run on Northern Rock Plc.
Bank of England Keeps Interest Rate at Six-Year High (Update1) (Bloomberg.com)
Oct. 4 (Bloomberg) -- The Bank of England kept its benchmark interest rate unchanged at a six-year high as policy makers assessed the effect on the economy of higher credit costs and a run on lender Northern Rock Plc.
Bank of England May Keep Interest Rate Unchanged (Update2) (Bloomberg.com)
Oct. 4 (Bloomberg) -- The Bank of England may keep its key interest rate unchanged today as policy makers assess the effect on the economy of higher corporate borrowing costs and a run on lender Northern Rock Plc, a survey of economists shows.
Mortgage apps down despite rate drop (CNN Money)
Volume declines nearly 3 percent in previous week despite recent decline in interest rates; 30-year fixed rate hits 6.32 percent.