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News about Mortgages:
New bank rules 'won't stop mortgage crunch' - MyFinances.co.ukUsing Mortgage Finder to find the best mortgage and remortgage deals could save you thousands of pounds. Find the right cheap mortgage or cheapest remortgage. New rules for banks outlined in the Queen's Speech today will not encourage banks to lend ...
Angela Knight: Your friendly banker is on hand to help - yorkshirepostLAST week saw the Government buy shares in a UK bank for the first time – Royal Bank of Scotland – as part of its stability package for the financial markets. This package has now begun in earnest here, and in all other major countries, to try to ...
Lending rates must come down - Evening StandardThe pressure on the banks to pass on yesterday's interest rate cut to borrowers shows no signs of diminishing. Far from it: today the Prime Minister insisted on GMTV that they must pass on the cut in the base rate. Yet the Halifax, for example, which ...
Brown Urges U.K. Banks to Pass on Rate Cuts as Three Hold Out - BloombergDec. 5 (Bloomberg) -- Prime Minister Gordon Brown stepped up pressure on British banks to give consumers the full benefit of a reduction in interest rates as three lenders resisted growing demands from politicians to do so. Halifax , the Royal Bank ...
Europe's central banks slash rates - MENAFNLONDON (Menafn - MarketWatch) -- Europe's central banks slashed key interest rates Thursday as policy makers wrestle with a global financial crisis and the threat of a deep recession. The Bank of England's Monetary Policy Committee voted to drop its ...
Euro rate cuts - Australian Broadcasting Corp.PETER CAVE: Measures to minimise the impact of the economic crisis have been announced across Europe overnight. France has moved to support its car industry and Germany has joined it in announcing multi-billion dollar stimulus packages. The Bank of ...
Halifax Defies Brown’s Demand to Pass on U.K. Interest Rate Cut - BloombergDec. 4 (Bloomberg) -- Halifax, the U.K.’s largest mortgage lender, defied Prime Minister Gordon Brown ’s demand to give consumers the full benefit of an interest-rate cut, saying its profit margins are under pressure. The unit of HBOS Plc said it ...
TOPWRAP 3-Australia cuts rates, Japan acts on funding squeeze - ForbesBRUSSELS/SYDNEY, Dec 2 (Reuters) - European Union ministers sought ways on Tuesday to boost investment and consumer spending while Australia slashed interest rates in the latest actions to combat the global financial crisis. The Bank of Japan moved ...
TOPWRAP 3-Australia cuts rates, EU thrashes out economy plan - FXStreet.comBRUSSELS/SYDNEY, Dec 2 (Reuters) - European Union ministers sought ways on Tuesday to boost investment and consumer spending while Australia slashed interest rates in the latest actions to combat the global financial crisis. The Bank of Japan moved ...
Lenders 'considering' rate cuts - BBC BusinessSome of the major lenders have made an immediate decision to pass on the Bank rate cut to customers with a variable-rate mortgage. HSBC, Lloyds TSB/Cheltenham and Gloucester and Bristol & West have announced they will pass on the one percentage point ...
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