Stock markets, Gold and Oil News

Financial Information and market forecasts, focusing on stocks, gold and oil.

Mortgage rates well below 4.5 per cent

Fri, 03 Sep 2010 22:07:42 +0000 - The Federal Reserve’s continued support of low to no interest rates is a contributor to mortgage rates that remain near historic lows. Bankrate.com lists Friday’s (September 3) national average mortgage rate at 4.34 per cent. Friday of last week, the national average was right at 4.5 per cent. Some lenders have 30-year fixed rates that [...]

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Live Charts UK - Stock markets and Oil prices

Interest rates remain low as economic concerns persist

Fri, 27 Aug 2010 13:15:49 +0000 - National average mortgage rates remain historically low and there appears to be no end in sight to the Fed’s low to no interest rate policy. A less than stellar Commerce Department report on the second quarter gross domestic product Friday (August 27) morning is the latest contributor to the sense of pessimism hanging over the [...]

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Gold moves closer to record

Thu, 26 Aug 2010 09:23:38 +0000 - Gold prices moved closer to its all-time high on Wednesday (August 25) despite relative firmness in the dollar. One ounce of gold currently fetches $1,238 in early evening New York Globex trade. Gold closed Tuesday at $1,230.40 after a Monday close of $1,225.90. At one point in early morning New York NYMEX trade Tuesday, gold [...]

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Live Charts UK - Stock markets and Oil prices

Euro, pound reverse sharply

Thu, 12 Aug 2010 07:59:54 +0000 - The euro and pound have both been in full retreat against the US dollar on Wednesday (August 11). One euro is worth just $1.2845 after trading as high as $1.3226 on Tuesday. A British pound nets $1.5636 after a $1.589 peak Tuesday. While the announcement of a $3 billion housing aid package from the Obama [...]

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Gold moving toward $1,200

Fri, 06 Aug 2010 08:27:33 +0000 - The price of gold is currently (August 5) just below $1,195 after it briefly touched $1,200 on August 4th. Gold prices have been on a rebound after more than a $100 downward correction from the all-time high in late June of $1,261. The gold spot rate hit $1,157 just over a week ago on July [...]

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Dollar remains in downward trend

Wed, 04 Aug 2010 17:17:32 +0000 - The value of the dollar continues to sink even in the midst of positive earnings reports and a modest improvement in the level of private company hiring during July. One euro is worth $1.3210 in early Wednesday (August 4) New York currency trade after peaking at $1.3242 earlier. The euro remains in a strong upward [...]

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The latest currency exchange rates for British Pound Sterling

1 British Pound Sterling

=

5.67464 United Arab Emirates Dirham

1 British Pound Sterling

=

6.10053 Argentine Peso

1 British Pound Sterling

=

1.68524 Australian Dollar

1 British Pound Sterling

=

3.09034 Barbadian Dollar

1 British Pound Sterling

=

0.58098 Bahraini Dinar

1 British Pound Sterling

=

2.68835 Brazilian Real

1 British Pound Sterling

=

1.60616 Canadian Dollar

1 British Pound Sterling

=

1.57045 Swiss Franc

1 British Pound Sterling

=

765.12042 Chilean Peso

1 British Pound Sterling

=

10.51534 Chinese Yuan

1 British Pound Sterling

=

0.64555 Cyprus Pound

1 British Pound Sterling

=

29.79978 Czech Koruna

1 British Pound Sterling

=

8.93887 Danish Krone

1 British Pound Sterling

=

18.74742 Estonian Kroon

1 British Pound Sterling

=

8.81632 Egyptian Pound

1 British Pound Sterling

=

1.19818 Euro

1 British Pound Sterling

=

11.97508 Hong Kong Dollar

1 British Pound Sterling

=

340.53774 Hungarian Forint

1 British Pound Sterling

=

13856.84615 Indonesian Rupiah

1 British Pound Sterling

=

5.82555 Israeli Sheqel

1 British Pound Sterling

=

71.88414 Indian Rupee

1 British Pound Sterling

=

182.87791 Icelandic Krona

1 British Pound Sterling

=

132.27199 Jamaican Dollar

1 British Pound Sterling

=

1.09553 Jordanian Dinar

1 British Pound Sterling

=

130.25509 Japanese Yen

1 British Pound Sterling

=

124.69998 Kenyan Shilling

1 British Pound Sterling

=

1824.91625 South Korean Won

1 British Pound Sterling

=

0.44512 Kuwaiti Dinar

1 British Pound Sterling

=

2329.34579 Lebanese Pound

1 British Pound Sterling

=

173.83837 Sri Lankan Rupee

1 British Pound Sterling

=

4.13707 Lithuanian Litas

1 British Pound Sterling

=

0.84208 Latvian Lats

1 British Pound Sterling

=

13.40846 Moroccan Dirham

1 British Pound Sterling

=

20.00300 Mexican Peso

1 British Pound Sterling

=

4.80601 Malaysian Ringgit

1 British Pound Sterling

=

11.10400 Namibian Dollar

1 British Pound Sterling

=

233.71603 Nigerian Naira

1 British Pound Sterling

=

9.43410 Norwegian Krone

1 British Pound Sterling

=

115.01462 Nepalese Rupee

1 British Pound Sterling

=

2.14642 New Zealand Dollar

1 British Pound Sterling

=

0.59411 Omani Rial

1 British Pound Sterling

=

1.54517 Panamanian Balboa

1 British Pound Sterling

=

68.70860 Philippine Peso

1 British Pound Sterling

=

132.19434 Pakistani Rupee

1 British Pound Sterling

=

4.72993 Polish Zloty

1 British Pound Sterling

=

5.62442 Qatari Riyal

1 British Pound Sterling

=

5.12761 Romanian Leu

1 British Pound Sterling

=

47.28876 Russian Rouble

1 British Pound Sterling

=

5.79439 Saudi Riyal

1 British Pound Sterling

=

11.16655 Swedish Krona

1 British Pound Sterling

=

2.07572 Singapore Dollar

1 British Pound Sterling

=

48.24982 Thai Baht

1 British Pound Sterling

=

2.32243 Turkish Lira

1 British Pound Sterling

=

1.54517 US Dollar

1 British Pound Sterling

=

6.64424 Venezuelan Bolivar

1 British Pound Sterling

=

785.95375 Central African CFA franc

1 British Pound Sterling

=

4.17196 East Caribbean Dollar

1 British Pound Sterling

=

785.95375 West African CFA franc

1 British Pound Sterling

=

11.10400 South African Rand

September 3, 2010

Fri, 03 Sep 2010 20:46:00 GMT -

Average Mortgage Rates
30 Yr FRM	4.38%	0.03%
15 Yr FRM	3.77%	0.01%
FHA 30 Year	4.40%	0.02%
Jumbo 30 Year	5.56%	0.01%
5/1 Yr ARM	3.52%	0.02%
View Current Mortgage Rates | Compare Rates	Updated: 9/3/10 4:17 PM

Latest Commentary

How Did The Employment Report Affect Mortgage Rates? - Mortgage Rate Watch

After the data was released, stock markets rallied sharply higher and the bond market sold off. After hitting new lows on Tuesday, mortgage rates have risen for the last three days. Read More

All Signs Point to Higher Rates in Week Ahead - MBS Commentary

A slow econ calendar and pending Treasury issuance combined with a short term bias to chase returns in the equity market imply interest rates will rise in the week ahead. Read More

Provided by Mortgage News Daily

This information is not an advertisement to extend consumer credit as defined by Section 226.2 of Regulation Z. This is not an offer to enter into an agreement regarding interest rates. The rates quoted do not include discount points, origination points, or loan level risk based price adjustments.  Rates and terms are subject to change without notice.

 

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