Good Morning,
Attached is a PDF copy of Meredith & Grew's interest rate sheet that includes current and historical Treasury, LIBOR and Prime interest rates, which are updated daily with real time data from Strategic Alliance Mortgage.
We provide these updates on a weekly basis to keep our clients and colleagues aware of rate movements. We hope you find this information helpful.
 CLICK HERE to download the PDF
Fed Staff Recommends Tighter Curbs on Subprime Loans (Update1)
(Bloomberg) — December 18, 2007
Federal Reserve staff recommended that policy makers issue new restrictions on subprime mortgages, from a ban on low-documentation loans to limiting penalties for borrowers who prepay their debts.
Money Market Rates Tumble; Central Banks Inject Funds (Update4)
(Bloomberg) — December 18, 2007
The cost to borrow in euros through the end of the year plunged after the European Central Bank added an unprecedented $500 billion to the banking system as part of a global effort to ease credit-market gridlock.
November home starts down 3.7 percent
(Reuters) — December 18, 2007
Home building projects started in November fell by 3.7 percent as the pace of single-family home construction was the slowest in more than 16 years, a government report on Tuesday showed.
Please contact the Capital Markets Group at Meredith & Grew with any financing questions.
|
