guardian.co.uk
'Worst may be over' for the UK economy, says new MPC member David …Telegraph.co.uk, United Kingdom"Economic history teaches us that a combination of tax cuts, running large fiscal deficits, substantial cuts in interest rates and more quantitative easing is likely, with a certain time lag, to have a substantial impact on demand in the economy and […]
tags: Mortgage Rate News author: Mortgage Information comments: No Comments
Loan-to-value rates hit two-year lowLondon Stock Exchange, UKAverage loan-to-value rates for first-time buyers (FTBs) have hit a two-year low, leaving many borrowers needing a "hefty" 30 per cent deposit to secure a mortgage deal, according to new figures. Moneyextra.com said its mortgage index indicates that …
More: continued here
tags: Mortgage Rate News author: Mortgage Information comments: No Comments
Nanaimo Daily News
Bill Evans WEEKEND ECONOMIST: Going up?Business Spectator, AustraliaOur research indicates that housing affordability in Australia has improved by as much as has been the case in the US and UK. However 70 per cent of that improvement has been due to lower mortgage rates and only 11 per cent to lower prices (18 per […]
tags: Mortgage Rate News author: Mortgage Information comments: No Comments
guardian.co.uk
Welcome to pay-cut Britainguardian.co.uk, UKAlong with hundreds of other contractors, she was told last November that her contract with one of the UK's biggest insurance firms would only be renewed on a rate that was 10% less than she had previously been paid. Since then, her fellow contractors, …
More: continued here
tags: Mortgage Rate News author: Mortgage Information comments: No Comments
Fair Investment Company
UK's CML: Some 900000 Households Face Negative EquityWall Street Journal"It should be easier for households to rebuild their equity position than in the early 1990s, as low interest rates on their mortgage can help them to save or overpay more quickly." According to the CML, upwards of 1.5 million households faced negative …Mortgage […]
tags: Mortgage Rate News author: Mortgage Information comments: No Comments
Houseladder
BSA urges the MPC not to cut the bank rate again this weekTimes Online, UK -2 Feb 2009The BSA, whose members account for more than a fifth of all UK mortgage lending and more than 20 per cent of all UK savings accounts, added that cutting …UK Building Societies Association opposes more rate cutsBanking Business ReviewBank must […]
tags: Mortgage Rate News author: Mortgage Information comments: No Comments
UK’s FTSE 100 Index Falls; Unilever, Yell Shares Lead RetreatBloomberg -5 hours ago5 (Bloomberg) — UK stocks fell after the Bank of England cut the benchmark interest rate to the lowest since its creation in 1694 and said the global …
More: continued here
tags: Mortgage Rate News author: Mortgage Information comments: No Comments
Houseladder
Britons 'hold out for further rate cuts'Introducer Today, UK -9 hours agoUnbiased.co.uk said this would explain why borrowers are continuing to look for lower rates before fixing their mortgage. The company stated that homeowners …Mortgage frenzy predicted for MarchHouseladderRemortgagers 'holding out until March'MyFinances.co.ukRemortgage in March to get predicted lowest base rateMoney High StreetIFA Promotion UK (press release) - […]
tags: Mortgage Rate News author: Mortgage Information comments: No Comments
Barclays helps customers with lower interest ratesEasier (press release), UK -13 minutes ago… which gives additional support to UK credit card customers, Barclays today announced cuts in its mortgage and small business interest rates, …
More: continued here
tags: Mortgage Rate News author: Mortgage Information comments: No Comments
Emirates Business 24/7
Sour Earnings Hit EuropeForbes, NY -1 hour agoShares of Santander slipped 1.1%, to 6.08 euros ($8.90), in Madrid, after it revealed that its share of the UK mortgage market climbed to 28.9%, from 8.0%, …Shares of Deutsche Bank, Santander, Swiss Re and Zurich Financial …MarketWatchall 186 news articles
More: continued here
tags: Mortgage Rate News author: Mortgage Information comments: No Comments