Question by Brian K: Where do I find what the current 5 year Federal Home Loan Bank yeild?
What is the current five (5) year non-callable agency bond yield on a direct obligation non-callable bond issued by the Federal Home Loan Bank?
Best answer:
Answer by K.C.
Go to their website www.fhlb.com
Know better? Leave your own answer in the comments!
Have Union Bank Home Loan, Get Sops On Other Advances
Union Bank home loan - Buy one shirt, get 50 per cent discount on the second. This is a common sales pitch adopted by outlets selling readymade garments. Now, a public sector bank has taken a leaf out of this popular retail sales strategy to push home loans.
Mumbai-headquartered Union Bank of India has unveiled a new campaign whereby it promises loyalty rewards to its home loan customers.
Under the loyalty reward scheme, the bank’s home loan customers will get 50 basis points (one basis point equals 0.01 per cent) concession in interest rate on car loans and waiver in processing charges in the case of education loans.
Besides, the bank will also offer its customers, who have serviced their home loans regularly for three years, top up loans to the extent of the amount that has been repaid.
Portfolio growth
The bank, which recorded a 35 per cent jump in its retail lending portfolio from Rs 10,000 crore as of March-end 2009 to Rs 13,500 crore as of March-end 2010, is using the rewards scheme as a key differentiator to draw more retail customers into its fold.
According to a senior official, the scheme has been drawn up to ensure that along with the home loan portfolio, the car and education loan portfolios also grow.
“Through the recently launched loyalty rewards scheme for home loan customers, we want to carry forward the growth momentum we achieved in FY2010 in the retail lending portfolio,” said Mr S Govindan, General Manager, Union Bank of India.
As of March-end 2010, home loans accounted for 67 per cent (or Rs 9,000 crore) of the bank’s total retail lending portfolio of Rs 13,500 crore. Education and car loans accounted for 11 per cent (or Rs 1,500 crore) and 9 per cent (or Rs 1,200 crore) respectively of the total retail lending portfolio.
Union Bank’s credit portfolio increased by a robust 23.3 per cent (to Rs 121,000 crore) as against the Reserve Bank of India’s non-food credit growth projection of 16 per cent for the banking sector for FY2010.
In order to attract savings bank (SB) deposits, the state-owned bank also plans to unveil a pre-sanctioned loan facility for its SB account holders. The loan amount in this case will be linked to the average balances maintained by them in the account.
The bank’s current account, savings bank account (CASA) deposits nudged up to 31.68 per cent (30.06 per cent in FY2009) of the total deposits of Rs 170,000 crore as of March-end 2010. In FY2010, its deposits increased by 22 per cent.
According to Mr Govindan, the bank’s latest ‘10/10′ campaign on home loans, among others, focuses on features such as hassle-free documentation, extended repayment period (25 years), flexible equated monthly instalment facility and no prepayment penalty.
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Article from articlesbase.com
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Hdfc Bank Home Loan Rate Calculator
HDFC bank home loan is probably one of the most popular home loan schemes in India. Anyone who wants to own a home of their choice, be it a two-bed apartment or even a penthouse that faces the sea, the HDFC bank home loan scheme can fulfill all such dreams.
The HDFC Bank provides the services of HDFC bank home loan calculator, which helps the bank to come up with the amount of loan to be given out to a particular applicant. In normal cases after using the HDFC bank home loan calculator, the applicant is provided with a HDFC bank home loan that covers around 85% of the home’s costs. The applicants can also get some extra loan for improving the condition of the house, they purchase on a home loan.
The HDFC bank home loan is offered coupled with a number of customer friendly options. The repayment for the HDFC bank home loan is arranged through a number of flexible repayment options, so that the customers do not face a problem in repaying the HDFC bank home loan.
The best thing about some of the HDFC bank home loan schemes is that the home loan is covered by an insurance cover offered by the HDFC Standard Life Insurance Company Ltd. This insurance policy takes care of the home loan repayments in case the borrowers face some uncertain times.
The HDFC home loan rate is designed to help people from all kind of financial backgrounds to get a home of their own. The usual HDFC home loan rate when calculated by using the HDFC home loan rate calculator comes out to be approximately 11.25 percent.
The minimum home loan offered to an applicant by HDFC bank at any HDFC home loan rate option is Rs. 100,000 and the maximum amount of home loan issued by HDFC bank is Rs. 10,000,000.
A HDFC home loan rate of 11.25 percent calculated by using the HDFC bank home loan calculator is offered for a minimum tenure of 5 years and a maximum tenure of 20 years.
The HDFC home loan rate and the HDFC bank home loan calculator have made the whole process of securing a loan from HDFC bank, relatively easier and faster, allowing to issue the loan in just 7 days.
Vipin Khanna is a famous writer on travel and usually writes on topics like HDFC bank home loan calculator , HDFC bank home loan and HDFC home loan rate
Article from articlesbase.com
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ICICI Bank Housing Loan Offers Attractive ICICI Bank Home Loan Interest Rate
Your dream of buying your dream home is just a few steps away from reality. The ICICI bank housing loan has made it convenient for people to get loan easily and they can get cheap ICICI bank home loan interest rate. The low interest rate makes it more convenient for them to pay their EMI for the ICICI bank housing loan on time.
The bank provides the loan applicant with ICICI home loan EMI calculator as well. This feature allows the applicant to calculate the amount of ICICI bank housing loan; he may require buying his own home. The ICICI home loan EMI calculator also makes it convenient for the loan applicant to know how much EMI they may require to pay on their ICICI bank housing loan.
The bank provides with different kinds of loans based on the ICICI bank home loan interest rate. The loan applicant can use the ICICI home loan EMI calculator to calculate the ICICI bank home loan interest rate for all the different ICICI bank housing loan plans. They can then make the comparison and choose the ICICI bank home loan interest rate plan that is most suitable for them.
The ICICI bank housing loan applicant can use the ICICI home loan EMI calculator and calculate the EMI amount for different tenure period. They can calculate the amount of loan they are eligible for and can then choose the ICICI bank housing loan plan that may help them buy their dream home. The ICICI bank home loan interest rate is lower than those offered by the other banks and this is why it is popular with the loan applicants.
If you wish to apply for the ICICI bank housing loan then you can visit icici-bank-home-loan.com, which can help you learn about the ICICI bank home loan interest rate and encourage you to apply for your loan. The website has the ICICI home loan EMI calculator and the ICICI bank housing loan forms also. This makes it convenient for the applicant to calculate the amount of loan they need to apply for and apply for their loan online itself.
Arvind Khanna mainly writes on topics like ICICI home loan EMI calculator, ICICI bank housing loan, and ICICI bank home loan interest rate
Article from articlesbase.com
Federal Home Loan Bank Board Building
Image by NCinDC
Federal Home Loan Bank Board Building at 320 First Street, NW in Washington, D.C. The building is listed on the National Register of Historic Places.
Hello, hello, hello, and hello.
Flawed Bank Paperwork Aggravates a Foreclosure Crisis
Procedural problems at some large lenders are so prevalent that additional lenders and loan servicers are likely to halt foreclosure proceedings, experts say.
Read more on New York Times
Flawed Bank Paperwork Aggravates a Foreclosure Crisis
Problems with foreclosure procedures at some large lenders are so prevalent that additional lenders and loan servicers are likely to halt foreclosure proceedings and may have to reconsider past evictions, experts say.
Read more on New York Times
Bank of America delays foreclosures in 23 states
WASHINGTON — Bank of America is delaying foreclosures in 23 states as it examines whether it rushed the foreclosure process for thousands of homeowners without reading the documents.
Read more on 7 News Boston
Interest rate pain looms
HOME loan customers and retailers face a bleak Christmas as the Reserve Bank prepares to pull the trigger on higher interest rates as early as tomorrow.
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Detroit, MI (Vocus) October 2, 2010
In celebration of closing one million mortgages, Quicken Loans has pledged to pay-off the loan of one lucky client through their Thanks a Million Giveaway.
Announced on August 2, 2010, Thanks a Million is still going strong! The Thanks a Million Sweepstakes â a no-obligation game that allows users to win prizes like gift cards to major retailers, Fatheads, Xeko toys, free credit monitoring services and more â has awarded thousands of prizes to date.
As of October 1, 2010, Quicken Loans has given away:
215 Target gift cards
9,953 year-long credit monitoring subscriptions
214 Amazon.com gift cards
223 Loweâs gift cards
829 Xeko Trading Card sets
9,296 Xeko Plush stuffed animals
1,109 Starbucks gift cards
4 Protect America Alarm Systems and Monitoring for a year
1,209 year-long PostEGram newsletters â a facebook printing service
6 Fathead gift cards
6 Fathead wall graphics
There are more gifts to be won every day, but keep in mind, the Thanks a Million Giveaway and Thanks a Million Sweepstakes end on December 31, 2010. Enter now for your chance to win!
âOver the last 25 years, we have been trusted to help nearly one million clients with their mortgages,â says Jay Farner, Quicken Loans President. âThis giveaway is one way for us to say thank you for putting your trust in us.â
Since 1985, Quicken Loans has financed 981,491 mortgages for families across the United States, helping them become Americaâs largest online retail mortgage lender.
You can enter to win the Thanks a Million Giveaway at QuickenLoans.com or play the sweepstakes at QLThanksAMillion.com.
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Pittsburgh loan bank renews financial assistance for 8 W.Va., communities
CHARLESTON, W.VA. — The Federal Home Loan Bank in Pittsburgh has renewed a financial assistance program with eight communities in West Virginia. St. Albans, Ansted, Fairmont (Southside), Mullens, Shinnston, Williamson, and Ritchie and McDowell counties wi…
Read more on The Charleston Gazette
Bank finds more than 135 yr-old loan
Florence Savings Bank took a trip back in time Monday as they celebrated their very first loan.
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My Home Finance scheme a boost to excluded borrowers
The government’s My Home Finance scheme aims to offer borrowers with a poor credit history a cheaper alternative to loan sharks Borrowers who are normally forced to seek exhorbitantly expensive credit from door step and pay day lenders will be offered a cheaper source of borrowing by the government and the National Housing Federation from today. Work and pensions secretary Iain Duncan Smith is …
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