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Consumer Loan Rates (The Springfield News-Leader)
Springfield financial institutions quoted the following rates Friday for home equity, auto and boat loans. The home equity rate is based on a $10,000 loan or line of credit with applicable points included. Rates are variable unless otherwise noted. Additional fees are not included. The auto loan rate is based on a 48-month contract for a new car. The boat rate is based on a loan for a new boat.
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UDR secures 10-year, $400 million Fannie Mae loan (AP via Yahoo! Finance)
Real-estate-investment trust UDR Inc. said Monday it closed a 10-year, $400 million credit facility from Fannie Mae. The loan consists of a $225 million secured loan, which was originated by commercial lender PNC ARCS LLC for repurchase by Fannie Mae, with an option to borrow an additional $175 million.
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Mortgage bills will drop as 1% interest rate cut predicted (Evening Standard)
Mortgage bills for hundreds of thousands of London homeowners are set to be slashed again this week. Most City economists are convinced the Bank of England will cut its official base rate by another full percentage point to a record-equalling two per cent on Thursday.
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UDR secures 10-year, $400 million Fannie Mae loan (INO News)
(AP:DENVER) Real-estate-investment trust UDR Inc. said Monday it closed a 10-year, $400 million credit facility from Fannie Mae.
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Another big rate cut tipped for December (Sky News Australia)
Official interest rates are expected to be cut by another 75 basis points, after a fall in a key inflation measure.
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Another big rate cut tipped for December (Sydney Morning Herald)
Official interest rates are expected to be cut by another 75 basis points on Tuesday, after a fall in a key inflation measure.
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Student-loan consolidation choices shrink (Centre Daily Times)
Kari Schoeneweis will face more than $60,000 in student loan debt when she graduates from Carlow University in spring.
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Another big rate cut tipped for December (The West Australian)
Official interest rates are expected to be slashed by another 75 basis points on Tuesday, after a fall in a key inflation measure gave policy makers the green light to act aggressively.
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UDR Closes 10-Year $400 Million Fannie Mae Credit Facility (Business Wire via Yahoo! Finance)
DENVER----UDR, Inc. announced today that it has closed a $225 million secured loan originated by PNC ARCS LLC for repurchase by Fannie Mae , with an option to borrow an additional $175 million, bringing the total loan to $400 million.
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Credit card companies quick to raise rates, fees (Atlanta Journal-Constitution)
Greg Fischer was already fed up with Bank of America for doubling his credit card's interest rate to 28.99 percent — the price for being a couple of weeks late with a payment in April. What sent him over the top, he said, was the bank's decision to rule his September payment late, too. He paid on the due date on the bank's Web site. But he paid at 4:10 p.m. — past a 3:30 cutoff that Fischer said ...
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