Mortgage companies slash rates for borrowing

If you take a look at the rates the mortgage lenders are offering you at the moment, you will notice that many of the fixed term rates are back at (read more…)

Category: Companies for Mortgages, Property / Real Estate, UK | September 5th, 2008 | Comments (0)
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Halifax: House prices fall massively

UK house prices fell by 1.8 percent in August its reported by the Halifax, that’s taking an annual decline to 10.9 percent, this is based on a (read more…)

Category: Property / Real Estate, UK | September 4th, 2008 | Comments (0)
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Toll Brothers: luxury-home builder remains steady

Despite Toll Brothers Inc reporting a fiscal third-quarter loss, shares in the luxury-homebuilder company remains (read more…)

Category: Business News, Property / Real Estate, US | September 4th, 2008 | Comments (0)
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European Central Bank holds interest rate at 4.25 percent

No change for the interest rate issued by the European Central Bank, it’s been left a 4.25 percent, although this was widely anticipated. Jean-Claude Trichet, the ECB President hinted that it there (read more…)

Category: Business News, Interest Rates | September 4th, 2008 | Comments (0)
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Bank of England holds rate at 5 percent

Today the Bank of England held the base rate at 5 percent. Last month the Monetary Committee which have 9 members were split three ways, David Blanchflower wanted to cut (read more…)

Category: Business News, Interest Rates, UK | September 4th, 2008 | Comments (0)
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Freddie Mac and Fannie Mae drew solid demand for $5 billion new securities

Freddie Mac and Fannie Mae saw unyielding demand for $5 billion of new securities on Wednesday, even when large overseas investors slashed their exposure to (read more…)

Category: Business News, Companies for Mortgages, Mortgage News, US | September 3rd, 2008 | Comments (0)
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Gordon Brown’s stamp duty plan seems more generous than it is

In a bid to sell the stamp duty package, the Treasury has been accused of taking an over-optimistic view of the housing market. Gordon Brown announced on Tuesday that the (read more…)

Category: Business News, Mortgage News, UK | September 3rd, 2008 | Comments (0)
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Alistair Darling tells Sky News he is sure to keep his job

After Alistair Darling was quoted in a newspaper on Saturday saying that the economic times faced by Britain and the world “are arguably the worst they’ve been in 60 years” he is said now to have (read more…)

Category: Business News, UK | September 2nd, 2008 | Comments (0)
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Stamp duty suspended for a year on properties costing less that £175,000

The Chancellor Alistair Darling yesterday announced that he will suspend stamp duty on all properties costing less than (read more…)

Category: Business News, Property / Real Estate, UK | September 2nd, 2008 | Comments (0)
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Deposit needed for a UK mortgage has risen to £40,000

If you are looking to purchase a property in the UK you will need on average £40,000 deposit to be eligible for a best-buy mortgage deal. An average house in England and (read more…)

Category: Mortgage News, Property / Real Estate, UK | August 29th, 2008 | Comments (0)
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