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Bank urged to keep interest rates low
The Bank of England has been told it must keep interest rates low while the economy remains fragile.
www.mortgageintroducer.com
Which bank will blink first?
The RBA has provided no hint of an imminent change to the cash rate, but with the election result resolved, there will be increased internal pressure for banks to lift rates independently. 7 Sep 2010 3:37 PM
www.businessspectator.com.au
Beijing tightens mortgage lending again
Beijing's financial institutions have tightened mortgage lending once again, and 80 percent of banks have canceled the 30 percent discount on the interest rates of the mortgages for first-time home buyers by reducing the interest discount rate to about 15 percent, reporters from Beijing Times learned from local home agencies, such as 5i5j, on Sept. 6.
english.peopledaily.com.cn
Be prepared for rate rises
Borrowers should be prepared ahead of Thursday’s interest rate decision according to unbiased.co.uk.
www.mortgageintroducer.com
The best investment these days is refinancing your debt
The stock market is up and down, giving back gains as fast as it makes them; real estate values are in the tank; Treasury bond yields are meager at best and interest rates on bank deposits are floating somewhere between squat and zilch. So what's your best investment? Try refinancing your debt.
detnews.com
Navigant now biggest credit union, Pawtucket drops to No. 2
Navigant Credit Union has retaken the distinction of Rhode Island’s largest credit union as Navigant and other local credit unions report higher deposits but – like their banking counterparts – sagging demand for loans.
www.pbn.com
Radian CEO to Provide Commentary during KBW Insurance Conference
PHILADELPHIA----During a presentation at the Keefe, Bruyette & Woods Insurance Conference today, Radian Chief Executive Officer S.A. Ibrahim will provide the following commentary:
biz.yahoo.com
Upside-down mortgages rising on Springfield area homes
If you owe more on your mortgage than your home is worth, that's considered an upside-down mortgage. In the Springfield area, 8.1 percent of mortgaged homes are upside down, according to a recent nationwide study of "negative equity" rates.
www.news-leader.com
Underwater mortgages: Saving your home from financial floods
Are you underwater? Many local residents have found themselves in underwater mortgages, which means that a homeowner owes more debt on a house than what it's worth. Houses that can't be sold for what's left on their mortgages are one of many symptoms of the current recession. It's a serious problem in Ohio, but it's worse in many other states. By date (default) read more
www.sanduskyregister.com
Beaufort County home sales buck downward trend
Home sales fell behind last year's pace across much of South Carolina in July, but the Hilton Head Island and Beaufort areas bucked the trend.
www.islandpacket.com
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