Mortgage and Financial News From 2008-5-28 Page 14
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Abbey raises rates again - Times Online
Abbey will tomorrow raise the cost of fixed rate mortgages by up to 0.56 percentage points, blaming a sudden increase in the cost of inter-bank borrowing. Only one week ago, the UK's third biggest lender, alongside Nationwide and Halifax, signalled ...
2008-05-28 03:45:00 -
At any rate (Bankrate.com)
Rates remain great … should you act before it's too late? ARMs still worth it? Once the darling of the mortgage industry, adjustable-rate mortgages are getting tougher to obtain. Savvy -- and qualified -- buyers, however, still may find them worth the hunt.
2008-05-28 03:56:06 -
South Africa: Property Reels From Attacks On Foreigners (AllAfrica.com)
THE negative factors dampening the residential property market have been increasing, with the wave of xenophobic attacks that have rocked Gauteng and spread to other provinces being the latest to come to the fore.
2008-05-28 04:30:55 -
Have we hit rock bottom or are we braced for landing? (Money Marketing Online)
This week former Fidelity special situations manager Anthony Bolton delivered his view on the current state of the economy, claiming that in his experience the bear market still has further to go. ...
2008-05-28 04:44:01 -
Mortgage applications fall as rates rise (CNN Money)
According to the Mortgage Bankers Association's weekly application survey, volume fell 4.6% during the week ended May 23.
2008-05-28 04:45:42 -
J.D. Power and Associates Reports: Problems and Fees Drive Decline in Overall Satisfaction With Retail Banks (PR Newswire via Yahoo! Finance)
Poor problem resolution, long wait times and additional fees all contribute to an overall decline in customer satisfaction with retail banks, according to the J.D. Power and Associates 2008 Retail Banking Satisfaction Study released today.
2008-05-28 05:00:00 -
Market report: Wednesday latest - This is Money
That is the advice of Credit Suisse, which says it is too early to start buying the shares and warns there is still scope for an increase in mortgage risk weights.
2008-05-28 01:51:00 -
Mortgage lending falls 40% - MyFinances.co.uk
Just 38,704 mortgages were issued by UK banks during April, as the property slowdown and the credit crunch lead the UK market to a halt. New data from the British Bankers' Association (BBA) show a slight increase from the 35,546 loans issued in March ...
2008-05-27 03:11:00 -
David Prosser's Outlook: How HSBC wants you to pay more - The Independent
The demand by Michael Geoghegan for higher interest rates around the world no doubt makes sense in the context of rising inflation. But the HSBC chief executive's message is presumably not one which many of its mortgage customers would like to see ...
2008-05-27 04:40:00 -
What is happening to Spanish property? - This is Money
The fiesta is over for Spanish property. Scandals, plunging prices and the rising euro have left millions of homes unsold and empty. James Coney reports on the end of Spain's property bubble. Prices in the costas rose by 270% in the past decade as ...
2008-05-28 02:48:00 -
Rogers, Minn. Offers Advice To Storm-Ravaged Hugo - WCCO
ROGERS, Minn. (WCCO) ― It's been nearly two years since a tornado touch down in Rogers, Minn. September 16, 2006 is a day folks in the northwest suburb will unlikely forget. A violent F-2 tornado cut an eight-mile path through the city. Many homes ...
2008-05-27 04:40:00 -
News Categories (Yemen Observer)
Life in the United States did not change his Eastern characteristics or his perennial smile. He is the child who grew up and lived in the United States but never forgot his homeland.
2008-05-28 12:02:29 -
REGION: Churches used to ensnare foreclosure victims, officials say (North County Times)
In January, Richard Dal Cerro missed his mortgage payment for the first time. With the monthly bill growing and his income shrinking, Dal Cerro feared his family of six soon would be evicted. But then a longtime family friend told him of someone who
2008-05-28 12:06:33 -
Sponsored Listing (Growth Company Investor)
Debt management specialist Debts.co.uk is buying consumer loans and mortgage broker Relax Finance for £3 million in paper and cash.
2008-05-28 01:15:58 -
Free Yourself From Mortgage Fees (The Motley Fool)
Summer's an expensive time of year. So the last thing any of us want to spend our hard-earned cash on is a mortgage fee...
2008-05-28 02:08:04