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Interest rates on U.S. 30-year fixed-rate mortgages plummeted by the largest amount in 27 years this week after an unprecedented intervention by the Federal Reserve, data from home funding company Freddie Mac showed on Thursday.
Up to 500,000 London homeowners will miss out on today's historic interest rate cut because their mortgage lenders will refuse to pass it all on.
NEW YORK, Dec 4 (Reuters) - Interest rates on U.S. 30-year fixed-rate mortgages plummeted by the largest amount in 27 years this week after an unprecendented intervention by the Federal Reserve, data from home funding company Freddie Mac showed on Thursday.
