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News about Mortgages:
Editorial: Making money on home loans - Enterprise-JournalRight now it seems like many people appear to be scared of borrowing money — and many banks appear fearful of loaning it out. So it’s appropriate to point out that some financial institutions are still making money on home loans to higher-risk ...
Ministers could set loan rates, banks warned - Guardian UnlimitedDirect Whitehall control over the lending rates of Britain's high-street banks is among the contingency plans being drawn up by Alistair Darling to ensure that the dearth of lending caused by the credit crunch does not force thousands of small ...
Issue was not whether to rescue Citi, but how - ReutersWASHINGTON (Reuters) - For U.S. officials, it was not a question of whether to rescue Citigroup (C.N: Quote , Profile , Research , Stock Buzz ), but on what terms. If ever there was an institution too big to fail, it was Citi, government officials ...
to rescue Citi, but how - Malaya - Online EditionIf ever there was an institution too big to fail, it was Citi, government officials believed. And if ever there was time when the financial system was too delicate to face another major shock, it was now, with the economy likely headed into a ...
Thailand's spreads widen amid turmoil - Inquirer.netHONG KONG -- Thailand's credit spreads widened on Wednesday as anti-government protesters laid siege to Bangkok airport in a bid to oust the country's prime minister. But sentiment in the wider Asian market was underpinned by news of a $600-billion ...
Bank pledges €1 billion in loans - Irish ExaminerBANK of Scotland (Ireland) has pledged €1 billion in loans and investments to support credit- starved consumers and business customers in 2009. That compares with the €250 million loan package announced by Bank of Ireland earlier this week. It is ...
Que sera, sera - Financial StandardRoll out the printing presses. Cutting the Federal funds target rate below 1 per cent is certainly feasible. This was the statement delivered by US Federal Reserve Chairman Ben Bernanke in his speech before the Greater Austin Chamber of Commerce in ...
Fed's Bernanke: Fed may buy Treasuries, agency bonds to stimulate ... - Bloggingstocks.comU.S. Federal Reserve Chairman Ben Bernanke Monday provided the markets with his latest -- and strongest -- hint about new plans to counteract both the credit crunch and the U.S. recession. Now it looks like the Fed may buy Treasury notes and bonds ...
Two big banks cut mortgage rate - Edmonton SunTORONTO -- Two of Canada's big banks are cutting mortgage rates on a variety of terms, reflecting a drop in borrowing costs in the bond market, where banks finance their mortgage lending. The Royal Bank of Canada said yesterday it is cutting rates ...
Bernanke says rate cuts are 'feasible' - The Money TimesAustin, Texas -- U.S. Federal Reserve Chairman Ben Bernanke said Monday that further reductions in the current lending rate are possible. Bernanke directly addressed the addressed the topic in a speech for the Greater Austin Chamber of Commerce in ...
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