Stevens Mortgage Rates and Information Online from competing Lenders

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Hong Kong shares rise 1.4 pct, led by financials - CNBC
HONG KONG, Dec 3 (Reuters) - Hong Kong shares rose 1.4 percent on Wednesday, with financials leading the charge after their U.S. peers gained overnight, but property stocks fell after the city's big lenders raised mortgage rates. Banks stocks ...

RBA's Glenn Stevens may surprise with 150-point cut - The Australian
I'VE tipped the Reserve Bank to cut its official cash rate by a full one percentage point to 4.25 per cent today. That would equal the lowest cash rate – since just after the September 11 attacks in 2001 - in the modern era of inflation targeting ...

Lower Rates Help Sell Houses, but Market Faces Broader Ills - Wall Street Journal
A possible move by the Treasury Department to push down mortgage rates has raised the hopes of home buyers, real-estate agents and economists -- and the share prices of residential builders and related businesses. But the proposal, if implemented as ...

RBA slashes rates by 1 per cent - West Online
The Reserve Bank has slashed official interest rates by one percentage point, taking them to just 4.25 per cent. The move, which if passed on by the commercial banks, would save a person with a $300,000 mortgage $193 a month. In a statement, bank ...

Australia Extends Biggest Rate-Cut Round Since 1991 (Update1) - Bloomberg
Dec. 2 (Bloomberg) -- Australia’s central bank cut its benchmark interest-rate by one percentage point, extending the biggest round of reductions since a recession in 1991. Governor Glenn Stevens lowered the overnight cash rate target to a six-year ...

Home truths for Mr Stevens - Sydney Morning Herald
SPRING is usually the busiest time of the year for Ray Estell, owner of the pool shop in Sylvania Waters, home suburb of the governor of the Reserve Bank, Glenn Stevens. But patchy weather and economic uncertainty have put a dampener on plans by some ...

Reserve Bank of Australia cuts interest rates 1 per cent - News.com.au
"Recent actions by governments and central banks to stabilise their respective financial systems have begun to take effect," RBA Governor Glenn Stevens said in a statement released at 2.30pm. "Nonetheless, financial market sentiment remains fragile ...

Treasury weighs action on mortgage rates - MSNBC
The Treasury Department is strongly considering a plan to intervene directly in the mortgage industry to dramatically force down rates and stimulate the moribund housing market, according to sources familiar with the proposal. Under the initiative ...

More cuts and cash to come - Brisbane Times
THE Reserve Bank has not ruled out further rate cuts after it slashed 1 percentage point from borrowing costs yesterday, while the Government stands ready to rain more money on families. A household with a $400,000 mortgage will save $257 a month ...

Million-dollar borrowers breathe easy - The Australian
MILLION-DOLLAR mortgage-holders like the Barassi family breathed a slight sigh of relief as the Reserve Bank cut the official cash rate by 1 per cent. With the official cash rate falling to a seven-year low of 4.25 per cent, Melissa and John Barassi ...

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