Mortgage arrears drop due to rates and stimulus pack
The Australian, Australia
MORTGAGE arrears decreased in the first quarter as cuts to interest rates and the federal Government's stimulus payments offset the debt binge that traditionally takes place at Christmas. Fitch Ratings said it was the first time in 10 years of

Canada's big banks raise long-term mortgage rates
Times and Transcript, Canada
Several of the banks, including TD Canada Trust (TSX:TD), National Bank (TSX:NA), CIBC (TSX:CM), Scotiabank (TSX:BNS) and Laurentian Bank (TSX:LB), raised their posted five-year rates by 0.2 per cent to 5.45 per cent.

Owners burdened by high mortgage rates
abc7news.com, CA
By Karina Rusk SAN JOSE, CA (KGO) — Record low mortgage rates are going in a new direction and that has a lot of people worried. Higher mortgage rates means more money out of pocket for people buying homes or those trying to refinance.

Canada's big banks move long-term fixed rate mortgage rates higher
CKTB, Canada
Several of the banks, including TD Canada Trust (TSX:TD), National Bank (TSX:NA), CIBC (TSX:CM), Scotiabank (TSX:BNS) and Laurentian Bank (TSX:LB), raised their posted five-year rates by 0.2 per cent to 5.45 per cent.

CIBC changes mortgage rates
FOXBusiness
<< Six-month convertible 4.75 per cent, unchanged Six-month open 6.80 per cent, unchanged One-year open 7.00 per cent, unchanged One-year closed 3.90 per cent, unchanged Two-year closed 4.05 per cent, unchanged Three-year closed 4.15 per cent,

Desjardins Group Announces Changes in Residential Mortgage Rates
Canada NewsWire (press release), Canada
LEVIS, QC, June 3 /CNW Telbec/ – Desjardins Group announces the following changes in mortgage rates for caisses in Québec and Ontario(*), effective on June 4th, 2009. ————————————————————————- Terms Rates


Money High Street
Banks boost mortgage rates
Toronto Star,  Canada
Canada's biggest banks are hiking key mortgage rates at a time when the bond market is worried about risk and the longer-term threat of inflation. Royal Bank of Canada, Bank of Montreal, Toronto-Dominion Bank, Bank of Nova Scotia and Canadian Imperial
Canada's big banks move long-term fixed rate mortgage rates higher Winnipeg Free Press
Scotiabank Changes Mortgage Rates Canada NewsWire (press release)
Canadian banks hike mortgage rates Ottawa Citizen
RisMedia.com (press release) - Canada NewsWire (press release)
all 73 news articles


RTT News
Mortgage Applications Fall as Interest Rates Rise
Washington Post, United States
By Renae Merle Mortgage loan applications fell last week as interest rates inched up, according to industry data released today. The market composite index, a measure of mortgage loan application volume, fell 16.2 percent on a seasonally adjusted basis
Mortgage Filings Drop As Fixed Rates Jump: MBA Wall Street Journal
Mortgage Applications Fall as Rates Continue to Rise Daily FX
Mortgage rates inch back up CharlotteObserver.com
Bizjournals.com - Comtex Smartrend
all 32 news articles

All hail the "recovery:" Mortgage rates up nearly 1 percentage point
Tampabay.com, FL
It's a shame what's happening to mortgage rates, just as the Tampa Bay area struggles to find a home price bottom somewhere around $130000. Rates had cratered as low as 4.4 percent a couple weeks ago and suddenly shot up beyond 5 percent late last week

TD Canada Trust changes residential mortgage rates
CNW Telbec (Communiqué de presse), Canada
TORONTO, June 2 /CNW/ – TD Canada Trust has changed its mortgage rates, effective June 3, 2009. The changes are as follows: Fixed Rates To: Change: ———– 6-month convertible 4.75% N/C 1-year open 6.55% N/C 1-year closed 3.90% N/C 2-year closed

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