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There's a good reason why the banks can't drop their lending rates – This is Money

Posted on December 8th, 2008 in US Mortgage

There's a good reason why the banks can't drop their lending rates - This is Money
Telegraph.co.uk

There's a good reason why the banks can't drop their lending rates
This is Money, UK - 2
The cuts of 1.5% in November and another 1% last week have been awarded in full only to mortgage borrowers with 'tracker' deals that have no minimum-rate …
I earn virtually no interest, but inflation is 4.5% Times Online
Hamish McRae: US house market still holds the key to the date of … Independent
Brown threatens to read the riot act as banks fail to pass on full … Daily Mail
This is Money - Independent
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Read in full at There's a good reason why the banks can't drop their lending rates – This is Money

Good news on the home front: mortgage bills to drop after rate cut – Daily Mail

Good news on the home front: mortgage bills to drop after rate cutDaily Mail, UK - 5 By Stephen Womack The surprise half-point cut...

Reserve Bank of Australia won't force banks to drop rates – Melbourne Herald Sun

Reserve Bank of Australia won't force banks to drop ratesMelbourne Herald Sun, Australia - 16 In a speech at the sixth annual Retail Financial Services...

Interest rates unchanged at 5% – MSN Money UK

Interest rates unchanged at 5%MSN Money UK, UK - 5 This means people have more money to spend, as costs including mortgage rates fall, and...

Another Reason The Fed Won't Raise Interest Rates – Seeking Alpha

Another Reason The Fed Won't Raise Interest RatesSeeking Alpha, NY - 7 As Dwight Cass reports in a recent piece on breakingviews.com, Fitch Ratings is...

Northern Rock only passes on half the BoE cut – Times Online

Northern Rock only passes on half the BoE cutTimes Online, UK - 7 Northern Rock, the Government-owned lender, has defied the demands of Gordon Brown...

No reason for alarm – Selma Times-Journal

No reason for alarmSelma Times-Journal, AL - 9 Banks have more information or use the deposit insurance calculator at www.fdic.gov for more information. • Banks...

The road to recovery – Independent

The road to recoveryIndependent, UK - 48 However, they could also buy "toxic waste" mortgage -backed securities, as originally envisaged in the Paulson plan and...

A good deal worse off with fixed mortgage rates – Mirror.co.uk

A good deal worse off with fixed mortgage rates Mirror.co.uk, UK - 9 Just when it seemed that fixed mortgage rates were finally coming down,...

No reason to wait for interest rate cuts – Stuff.co.nz

No reason to wait for interest rate cutsStuff.co.nz, New Zealand - 5 Moving sooner is unlikely to see a big drop in mortgage rates anyway,...

Deposits in banks safe; no reason for anxiety: RBI Governor – Press Trust of India

Deposits in banks safe; no reason for anxiety: RBI GovernorPress Trust of India, India - 4 Defunct mortgage loans are the primary reason for the...

Deposits in banks safe; no reason for anxiety – Hindustan Times

Deposits in banks safe; no reason for anxietyHindustan Times, India - 2 Defunct mortgage loans are the primary reason for the financial crisis sweeping the...

Central banks to drop interest rates ASAP – Assetz News

Central banks to drop interest rates ASAPAssetz News, UK - 5 The sharp drop in base rates and the resulting drop in LIBOR from the...